Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Uruguay - 2022
Contents:
- Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Uruguay (CIF) - 2022
- Imports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Uruguay
Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Uruguay (CIF) - 2022
The average import price for pig fat; not lard, other than that of heading 0209 or 1503s stood at $1,411 per ton in 2022, rising by 33% against the previous year. Overall, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for pig fat; not lard, other than that of heading 0209 or 1503s increased by +114.0% against 2018 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 52%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for Spain.
From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +6.9% per year.
Imports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Uruguay
After two years of decline, purchases abroad of pig fat; not lard, other than that of heading 0209 or 1503s increased by 206% to 268 tons in 2022. Over the period under review, imports, however, recorded a abrupt curtailment.
In value terms, imports of pig fat; not lard, other than that of heading 0209 or 1503s soared to $378K in 2022. Overall, imports enjoyed perceptible growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Uruguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 340 | 360 | 92.5 | 378 | 3.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 340 | 360 | 92.5 | 378 | 3.6% |
Top Suppliers of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 to Uruguay in 2022:
- Spain (267.5 tons)
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