Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Tunisia - 2022
Contents:
- Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Tunisia (CIF) - 2022
- Imports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Tunisia
Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Tunisia (CIF) - 2022
The average import price for pig fat; not lard, other than that of heading 0209 or 1503s stood at $7,699 per ton in 2022, declining by -12.2% against the previous year. Over the period under review, the import price, however, posted buoyant growth. The most prominent rate of growth was recorded in 2017 when the average import price increased by 374% against the previous year. Over the period under review, average import prices hit record highs at $12,712 per ton in 2018; however, from 2019 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 France.
From 2012 to 2022, the rate of growth in terms of prices for France amounted to +8.8% per year.
Imports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Tunisia
For the fourth consecutive year, Tunisia recorded growth in overseas purchases of pig fat; not lard, other than that of heading 0209 or 1503s, which increased by 9.4% to 93 kg in 2022. The total import volume increased at an average annual rate of +8.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 9.7%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of pig fat; not lard, other than that of heading 0209 or 1503s contracted to $716 in 2022. Overall, imports, however, showed a perceptible descent. The smallest decline of -3.9% was in 2021.
Import of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Tunisia (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 807 | 775 | 745 | 716 | -3.9% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 807 | 775 | 745 | 716 | -3.9% |
Top Suppliers of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 to Tunisia in 2022:
- France (93.0 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