Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in the Czech Republic - 2024

Contents:

  1. Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in the Czech Republic (CIF) - 2022
  2. Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in the Czech Republic (FOB) - 2022
  3. Imports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in the Czech Republic
  4. Exports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in the Czech Republic

Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in the Czech Republic (CIF) - 2022

The average import price for pig fat; not lard, other than that of heading 0209 or 1503s stood at $1,462 per ton in 2022, therefore, remained relatively stable against the previous year. In general, the import price, however, saw a temperate expansion. The pace of growth appeared the most rapid in 2019 when the average import price increased by 2,579%. The import price peaked at $1,463 per ton in 2021, and then shrank modestly in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($1,680 per ton), while the price for Slovakia ($1,236 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in the Czech Republic (FOB) - 2022

In 2022, the average export price for pig fat; not lard, other than that of heading 0209 or 1503s amounted to $1,882 per ton, dropping by -39.6% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 95%. Over the period under review, the average export prices reached the peak figure at $3,118 per ton in 2021, and then fell markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($5,166 per ton), while the average price for exports to Slovakia stood at $1,826 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (-0.1%), while the prices for the other major destinations experienced a decline.

Imports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in the Czech Republic

Imports of pig fat; not lard, other than that of heading 0209 or 1503s into the Czech Republic surged to 1.5K tons in 2022, rising by 52% compared with the previous year's figure. Over the period under review, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 221% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of pig fat; not lard, other than that of heading 0209 or 1503s skyrocketed to $2.2M in 2022. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 242% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the near future.

Import of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PolandN/A17.57351,242742.4%
Slovakia25736268385249.1%
NetherlandsN/AN/A18.1101458.0%
OthersN/A44.916.211.4-49.6%
Total2574251,4522,207104.8%

Top Suppliers of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 to the Czech Republic in 2022:

  1. Poland (739.5 tons)
  2. Slovakia (689.5 tons)
  3. Netherlands (68.7 tons)

Exports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in the Czech Republic

For the fourth year in a row, the Czech Republic recorded growth in shipments abroad of pig fat; not lard, other than that of heading 0209 or 1503s, which increased by 2,680% to 138 tons in 2022. Over the period under review, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of pig fat; not lard, other than that of heading 0209 or 1503s surged to $260K in 2022. Overall, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia2.47.83.8248369.3%
United Kingdom2.71.111.712.164.9%
Others0.4N/AN/AN/A0%
Total5.59.015.5260261.6%

Top Export Markets for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 from the Czech Republic in 2022:

  1. Slovakia (136.0 tons)
  2. United Kingdom (2.3 tons)

Source: IndexBox Market Intelligence Platform

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