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

Contents:

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

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

The average import price for pig fat; not lard, other than that of heading 0209 or 1503s stood at $452 per ton in 2022, which is down by -7.9% against the previous year. In general, the import price recorded a abrupt descent. The most prominent rate of growth was recorded in 2019 an increase of 23%. The import price peaked at $1,301 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -8.4% per year.

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

In 2022, supplies from abroad of pig fat; not lard, other than that of heading 0209 or 1503s decreased by -85.1% to 24 tons, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a dramatic slump. The growth pace was the most rapid in 2020 when imports increased by 29% against the previous year. As a result, imports attained the peak of 238 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of pig fat; not lard, other than that of heading 0209 or 1503s dropped sharply to $11K in 2022. Overall, imports recorded a dramatic downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 14%. As a result, imports attained the peak of $118K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States10311880.611.0-52.6%
OthersN/AN/AN/AN/A0%
Total10311880.611.0-52.6%

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

  1. United States (24.4 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Pig fat; not lard, other than that of heading 0209 or 1503 - Dominican Republic