Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Denmark - 2023
Contents:
- Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Denmark (FOB) - 2023
- Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Denmark (CIF) - 2023
- Exports of Poultry Fat; Other than That of Heading 0209 or 1503 in Denmark
- Imports of Poultry Fat; Other than That of Heading 0209 or 1503 in Denmark
Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Denmark (FOB) - 2023
The average export price for poultry fat; other than that of heading 0209 or 1503 meat stood at $1,056 per ton in September 2023, rising by 6.4% against the previous month. In general, the export price, however, continues to indicate a perceptible shrinkage. The export price peaked at $1,502 per ton in December 2022; however, from January 2023 to September 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In September 2023, the country with the highest price was Germany ($1,095 per ton), while the average price for exports to Belgium ($1,029 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-2.4%), while the prices for the other major destinations experienced a decline.
Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Denmark (CIF) - 2023
In September 2023, the average import price for poultry fat; other than that of heading 0209 or 1503 meat amounted to $527 per ton, rising by 18% against the previous month. Over the period under review, the import price, however, faced a abrupt contraction. Over the period under review, average import prices hit record highs at $2,104 per ton in September 2022; however, from October 2022 to September 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($1,350 per ton), while the price for the Netherlands totaled $350 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Italy (0.0%), while the prices for the other major suppliers experienced a decline.
Exports of Poultry Fat; Other than That of Heading 0209 or 1503 in Denmark
In 2022, overseas shipments of poultry fat; other than that of heading 0209 or 1503 meat decreased by -1.3% to 11K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 28,664%.
In value terms, exports of poultry fat; other than that of heading 0209 or 1503 meat surged to $16M in 2022. Overall, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 5,540%. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Poultry Fat; Other than That of Heading 0209 or 1503 in Denmark (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | N/A | 0.6 | 6.6 | 8.7 | 280.8% |
Netherlands | N/A | 0.8 | 5.3 | 7.0 | 195.8% |
Czech Republic | N/A | N/A | N/A | 0.6 | 0% |
Others | N/A | 0.3 | 1.1 | 0.2 | -18.4% |
Total | N/A | 1.6 | 13.0 | 16.5 | 221.1% |
Top Export Markets for Poultry Fat; Other than That of Heading 0209 or 1503 from Denmark in 2022:
- Germany (5.9K tons)
- Netherlands (4.8K tons)
- Czech Republic (0.3K tons)
Imports of Poultry Fat; Other than That of Heading 0209 or 1503 in Denmark
In 2022, approx. 856 tons of poultry fat; other than that of heading 0209 or 1503 meat were imported into Denmark; remaining relatively unchanged against the previous year. Overall, imports, however, continue to indicate a noticeable downturn. The pace of growth was the most pronounced in 2020 with an increase of 33%. As a result, imports attained the peak of 1.3K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of poultry fat; other than that of heading 0209 or 1503 meat surged to $1.4M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +17.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.0% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 40%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.
Import of Poultry Fat; Other than That of Heading 0209 or 1503 in Denmark (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 744 | 1,014 | 923 | 1,226 | 18.1% |
France | 77.6 | 73.3 | 138 | 78.2 | 0.3% |
Italy | N/A | N/A | 23.3 | 20.7 | -11.2% |
Norway | N/A | N/A | N/A | 12.0 | 0% |
Others | 29.3 | 106 | 70.1 | 41.5 | 12.3% |
Total | 851 | 1,193 | 1,154 | 1,378 | 17.4% |
Top Suppliers of Poultry Fat; Other than That of Heading 0209 or 1503 to Denmark in 2022:
- Germany (777.6 tons)
- Italy (28.5 tons)
- Norway (22.5 tons)
- France (17.1 tons)
This report provides an in-depth analysis of the lard market in Denmark.
This report provides an in-depth analysis of the rendered pig fat market in Denmark.
This report provides an in-depth analysis of the poultry fat market in Denmark.
This report provides an in-depth analysis of the global lard market.
This report provides an in-depth analysis of the global rendered pig fat market.
Global Poultry Fat Market Report 2018. This report provides an in-depth analysis of the global poultry fat market.
This report provides an in-depth analysis of the lard market in Denmark.
This report provides an in-depth analysis of the rendered pig fat market in Denmark.
This report provides an in-depth analysis of the global lard market.
This report provides an in-depth analysis of the global rendered pig fat market.
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