Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Finland - 2023

Contents:

  1. Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Finland (CIF) - 2022
  2. Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Finland (FOB) - 2022
  3. Imports of Poultry Fat; Other than That of Heading 0209 or 1503 in Finland
  4. Exports of Poultry Fat; Other than That of Heading 0209 or 1503 in Finland

Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Finland (CIF) - 2022

The average import price for poultry fat; other than that of heading 0209 or 1503 meat stood at $4,872 per ton in 2022, which is down by -3.8% against the previous year. In general, the import price saw a pronounced contraction. The pace of growth appeared the most rapid in 2015 an increase of 15%. As a result, import price attained the peak level of $8,800 per ton. From 2016 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($5,229 per ton), while the price for Brazil ($250 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+1.5%).

Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Finland (FOB) - 2022

The average export price for poultry fat; other than that of heading 0209 or 1503 meat stood at $1,100 per ton in 2022, leveling off at the previous year. Overall, the export price continues to indicate a sharp decline. The growth pace was the most rapid in 2021 a decrease of 99.9%. The export price peaked at $8,700 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2014 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -22.8% per year.

Imports of Poultry Fat; Other than That of Heading 0209 or 1503 in Finland

Imports of poultry fat; other than that of heading 0209 or 1503 meat into Finland fell dramatically to 156 kg in 2022, waning by -98.8% compared with the previous year's figure. In general, imports showed a sharp reduction. The pace of growth was the most pronounced in 2021 with an increase of 3,376% against the previous year. As a result, imports reached the peak of 13 tons, and then shrank dramatically in the following year.

In value terms, imports of poultry fat; other than that of heading 0209 or 1503 meat shrank markedly to $760 in 2022. Overall, imports faced a dramatic decline. The most prominent rate of growth was recorded in 2021 with an increase of 2,887% against the previous year. As a result, imports attained the peak of $64K, and then dropped rapidly in the following year.

Import of Poultry Fat; Other than That of Heading 0209 or 1503 in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden0.30.1N/A0.838.7%
BulgariaN/AN/A58.1N/A0%
France3.22.05.4N/A29.9%
SingaporeN/AN/AN/AN/A0%
BrazilN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total3.52.163.50.8-38.9%

Top Suppliers of Poultry Fat; Other than That of Heading 0209 or 1503 to Finland in 2022:

  1. Sweden (144.0 kg)
  2. Brazil (8.0 kg)
  3. Singapore (4.0 kg)

Exports of Poultry Fat; Other than That of Heading 0209 or 1503 in Finland

Exports of poultry fat; other than that of heading 0209 or 1503 meat from Finland was estimated at 10 kg in 2022, almost unchanged from 2021 figures. Over the period under review, exports showed a dramatic shrinkage. The smallest decline of 99.9% was in 2021.

In value terms, exports of poultry fat; other than that of heading 0209 or 1503 meat stood at $11 in 2022. Overall, exports faced a sharp decline. The smallest decline of 99.9% was in 2021.

Export of Poultry Fat; Other than That of Heading 0209 or 1503 in Finland (USD)
COUNTRY202020212022CAGR,
2020-2022
Netherlands18.0N/A11.0-21.8%
OthersN/AN/AN/A0%
Total18.0N/A11.0-21.8%

Top Export Markets for Poultry Fat; Other than That of Heading 0209 or 1503 from Finland in 2022:

  1. Netherlands (10.0 kg)

Source: IndexBox Market Intelligence Platform

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