Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Switzerland - 2024
Contents:
- Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Switzerland (CIF) - 2022
- Imports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Switzerland
Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Switzerland (CIF) - 2022
The average import price for pig fat; not lard, other than that of heading 0209 or 1503s stood at $1,548 per ton in 2022, growing by 34% against the previous year. Overall, the import price, however, showed a drastic downturn. The growth pace was the most rapid in 2017 an increase of 181%. The import price peaked at $3,926 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($1,651 per ton), while the price for Italy ($1,425 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-0.1%), while the prices for the other major suppliers experienced a decline.
Imports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Switzerland
After three years of growth, overseas purchases of pig fat; not lard, other than that of heading 0209 or 1503s decreased by -34.3% to 657 tons in 2022. Overall, imports, however, showed significant growth. The growth pace was the most rapid in 2021 with an increase of 355%. As a result, imports reached the peak of 999 tons, and then reduced remarkably in the following year.
In value terms, imports of pig fat; not lard, other than that of heading 0209 or 1503s fell to $1M in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 423%. As a result, imports reached the peak of $1.2M, and then contracted in the following year.
Import of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Switzerland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 35.3 | 109 | 701 | 788 | 181.6% |
France | 156 | 106 | 448 | 199 | 8.5% |
Italy | N/A | N/A | 0.8 | 25.1 | 3037.5% |
Others | 1.6 | 6.1 | 8.2 | 4.4 | 40.1% |
Total | 193 | 222 | 1,157 | 1,017 | 74.0% |
Top Suppliers of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 to Switzerland in 2022:
- Germany (517.9 tons)
- France (120.3 tons)
- Italy (17.6 tons)
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Driven by increasing demand for lard in China, the world market is expected to continue an upward consumption trend over the next seven-year period.
Global lard consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
In 2015, the country with the largest volume of the lard output was China (X thousand tons), accounting for X% of global production.
The U.S. dominates in the global lard trade. In 2014, the U.S. exported X thousand tons of lard totaling X million USD, X% under the previous year. Its primary trading partner was Mexico, where it supplied X% of its total lard exports in value t
Driven by increasing demand for lard in China, the world market is expected to continue an upward consumption trend over the next seven-year period.
Global lard consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
In 2015, the country with the largest volume of the lard output was China (X thousand tons), accounting for X% of global production.
The U.S. dominates in the global lard trade. In 2014, the U.S. exported X thousand tons of lard totaling X million USD, X% under the previous year. Its primary trading partner was Mexico, where it supplied X% of its total lard exports in value t