Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Thailand - 2022
Contents:
- Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Thailand (CIF) - 2022
- Imports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Thailand
Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Thailand (CIF) - 2022
The average import price for pig fat; not lard, other than that of heading 0209 or 1503s stood at $13,212 per ton in 2022, declining by -63.2% against the previous year. In general, the import price recorded a abrupt setback. The pace of growth appeared the most rapid in 2021 when the average import price increased by 252%. As a result, import price reached the peak level of $35,880 per ton, and then fell notably in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($13,200 per ton), while the price for Finland stood at $1,000 per ton.
From 2016 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-6.3%).
Imports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Thailand
Imports of pig fat; not lard, other than that of heading 0209 or 1503s into Thailand plummeted to 6 kg in 2022, declining by -50% against the previous year. In general, imports continue to indicate a significant decline.
In value terms, imports of pig fat; not lard, other than that of heading 0209 or 1503s declined remarkably to $67 in 2022. Over the period under review, imports saw a sharp decline.
Import of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Thailand (USD) | ||||
---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 |
United States | 367 | 144 | 66.0 | -57.6% |
Finland | N/A | N/A | 1.0 | 0% |
Others | N/A | N/A | N/A | 0% |
Total | 367 | 144 | 67.0 | -57.3% |
Top Suppliers of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 to Thailand in 2022:
- United States (5.0 kg)
- Finland (1.0 kg)
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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