Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Ukraine - 2024
Contents:
- Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Ukraine (FOB) - 2022
- Exports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Ukraine
Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Ukraine (FOB) - 2022
In 2022, the average export price for pig fat; not lard, other than that of heading 0209 or 1503s amounted to $975 per ton, growing by 12% against the previous year. In general, the export price posted perceptible growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 315%. As a result, the export price reached the peak level of $2,760 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($1,891 per ton), while the average price for exports to Poland ($971 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+11.0%), while the prices for the other major destinations experienced mixed trend patterns.
Exports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Ukraine
In 2022, the amount of pig fat; not lard, other than that of heading 0209 or 1503s exported from Ukraine rose sharply to 352 tons, increasing by 5.5% on the previous year's figure. Overall, exports recorded significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 14,194% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of pig fat; not lard, other than that of heading 0209 or 1503s skyrocketed to $343K in 2022. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 14,347% against the previous year. The exports peaked in 2022 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 Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 0.2 | 28.2 | 288 | 323 | 1073.3% |
| Germany | N/A | 0.3 | 0.2 | 18.4 | 683.2% |
| Others | N/A | 1.2 | 1.6 | 1.6 | 15.5% |
| Total | 0.2 | 29.6 | 290 | 343 | 1097.0% |
Top Export Markets for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 from Ukraine in 2022:
- Poland (332.9 tons)
- Germany (18.4 tons)
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