Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Vietnam - 2022
Contents:
- Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Vietnam (CIF) - 2022
- Imports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Vietnam
Price for Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Vietnam (CIF) - 2022
The average import price for pig fat; not lard, other than that of heading 0209 or 1503s stood at $1,197 per ton in 2022, increasing by 3.4% against the previous year. Over the last nine years, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2021 an increase of 53% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for France.
From 2013 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -67.8% per year.
Imports of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 in Vietnam
In 2022, the amount of pig fat; not lard, other than that of heading 0209 or 1503s imported into Vietnam stood at 25 tons, remaining stable against 2021. Over the period under review, imports enjoyed a significant expansion. The smallest decline of 99.9% was in 2021. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of pig fat; not lard, other than that of heading 0209 or 1503s stood at $30K in 2022. Overall, imports saw a significant expansion. The smallest decline of 99.9% was in 2021. Imports peaked in 2022 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 Vietnam (Thousand USD) | ||||
---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 |
France | N/A | N/A | 29.9 | 0% |
Japan | 1.8 | N/A | N/A | 0% |
Others | N/A | N/A | N/A | 0% |
Total | 1.8 | N/A | 29.9 | 307.6% |
Top Suppliers of Pig Fat; Not Lard, Other than That of Heading 0209 or 1503 to Vietnam in 2022:
- France (25.0 tons)
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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