Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Belgium - 2023
Contents:
- Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Belgium (FOB) - 2023
- Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Belgium (CIF) - 2023
- Exports of Poultry Fat; Other than That of Heading 0209 or 1503 in Belgium
- Imports of Poultry Fat; Other than That of Heading 0209 or 1503 in Belgium
Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Belgium (FOB) - 2023
The average export price for poultry fat; other than that of heading 0209 or 1503 meat stood at $2,613 per ton in October 2023, surging by 136% against the previous month. In general, the export price continues to indicate a temperate expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($10,398 per ton), while the average price for exports to Japan totaled $2,059 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+4.4%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Belgium (CIF) - 2023
In October 2023, the average import price for poultry fat; other than that of heading 0209 or 1503 meat amounted to $987 per ton, picking up by 5.1% against the previous month. Over the period under review, the import price, however, showed a perceptible reduction. The growth pace was the most rapid in January 2023 when the average import price increased by 117% against the previous month. As a result, import price attained the peak level of $4,686 per ton. From February 2023 to October 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the UK ($1,060 per ton), while the price for South Africa totaled $573 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by France (+19.1%), while the prices for the other major suppliers experienced a decline.
Exports of Poultry Fat; Other than That of Heading 0209 or 1503 in Belgium
Exports of poultry fat; other than that of heading 0209 or 1503 meat from Belgium skyrocketed to 27K tons in 2022, rising by 293% against the previous year's figure. In general, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of poultry fat; other than that of heading 0209 or 1503 meat surged to $43M in 2022. Over the period under review, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Poultry Fat; Other than That of Heading 0209 or 1503 in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 2.3 | 2.0 | 4.6 | 18.9 | 101.8% |
| France | 0.9 | 0.7 | 1.0 | 18.6 | 174.4% |
| Germany | 0.8 | 0.5 | 1.6 | 2.2 | 40.1% |
| Sweden | N/A | N/A | 0.3 | 1.0 | 233.3% |
| Czech Republic | 0.2 | 0.3 | 0.3 | 0.8 | 58.7% |
| Poland | 0.2 | 0.4 | N/A | N/A | 100.0% |
| Others | 0.5 | 0.8 | 0.7 | 1.6 | 47.4% |
| Total | 4.8 | 4.6 | 8.6 | 43.2 | 108.0% |
Top Export Markets for Poultry Fat; Other than That of Heading 0209 or 1503 from Belgium in 2022:
- Netherlands (13.4K tons)
- France (9.8K tons)
- Germany (1.4K tons)
- Sweden (0.7K tons)
- Czech Republic (0.6K tons)
Imports of Poultry Fat; Other than That of Heading 0209 or 1503 in Belgium
In 2022, approx. 11K tons of poultry fat; other than that of heading 0209 or 1503 meat were imported into Belgium; waning by -48% against 2021 figures. Overall, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 1,698% against the previous year. As a result, imports reached the peak of 21K tons, and then shrank sharply in the following year.
In value terms, imports of poultry fat; other than that of heading 0209 or 1503 meat declined markedly to $17M in 2022. Over the period under review, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 1,993% against the previous year. As a result, imports attained the peak of $34M, and then contracted remarkably in the following year.
| Import of Poultry Fat; Other than That of Heading 0209 or 1503 in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | N/A | 23.6 | 8.0 | -66.1% |
| Germany | N/A | 0.2 | 7.0 | 4.8 | 389.9% |
| France | 1.3 | 0.8 | 0.5 | 1.6 | 7.2% |
| Hungary | 0.4 | 0.3 | 0.7 | 0.7 | 20.5% |
| Bulgaria | 0.1 | N/A | 0.1 | 0.4 | 58.7% |
| Tunisia | N/A | 0.2 | 0.2 | 0.1 | -29.3% |
| Denmark | N/A | N/A | 1.0 | N/A | 0% |
| Netherlands | 1.3 | N/A | 0.2 | N/A | -60.8% |
| Others | N/A | N/A | 1.0 | 1.5 | 50.0% |
| Total | 3.1 | 1.6 | 34.3 | 17.2 | 77.0% |
Top Suppliers of Poultry Fat; Other than That of Heading 0209 or 1503 to Belgium in 2022:
- United Kingdom (6.2K tons)
- Germany (3.2K tons)
- France (0.6K tons)
- Hungary (0.2K tons)
- Bulgaria (0.2K tons)
- Tunisia (0.1K tons)
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