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

Contents:

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

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

The average import price for poultry fat; other than that of heading 0209 or 1503 meat stood at $2,085 per ton in 2022, increasing by 37% against the previous year. Over the period under review, the import price enjoyed a tangible increase. The growth pace was the most rapid in 2021 when the average import price increased by 163%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in the immediate term.

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 Romania ($57,784 per ton), while the price for Germany ($546 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+45.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for poultry fat; other than that of heading 0209 or 1503 meat stood at $9,983 per ton in 2022, picking up by 749% against the previous year. Overall, the export price posted a buoyant expansion. Over the period under review, the average export prices reached the maximum at $19,572 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bulgaria ($9,987 per ton), while the average price for exports to the Netherlands stood at $6,333 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+11.9%).

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

After two years of decline, overseas purchases of poultry fat; other than that of heading 0209 or 1503 meat increased by 2,717% to 91 tons in 2022. Overall, imports, however, recorded a sharp decline.

In value terms, imports of poultry fat; other than that of heading 0209 or 1503 meat skyrocketed to $190K in 2022. In general, imports, however, showed a abrupt setback.

Import of Poultry Fat; Other than That of Heading 0209 or 1503 in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RomaniaN/A16.4N/A130181.5%
Germany19.2N/AN/A41.629.4%
Spain5.12.93.110.728.0%
Belgium11.11.41.54.7-24.9%
Cyprus311158N/AN/A-49.2%
Others4.80.10.32.6-18.5%
Total3511794.9190-18.5%

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

  1. Germany (76.1 tons)
  2. Spain (9.2 tons)
  3. Belgium (2.6 tons)
  4. Romania (2.3 tons)

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

In 2022, exports of poultry fat; other than that of heading 0209 or 1503 meat from Greece declined significantly to 234 kg, reducing by -99.4% against the previous year's figure. Overall, exports faced a dramatic downturn.

In value terms, exports of poultry fat; other than that of heading 0209 or 1503 meat dropped remarkably to $2.3K in 2022. In general, exports continue to indicate a dramatic slump.

Export of Poultry Fat; Other than That of Heading 0209 or 1503 in Greece (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
BulgariaN/A2.20%
Netherlands12.40.1-99.2%
Cyprus31.0N/A0%
OthersN/AN/A0%
Total43.32.3-94.7%

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

  1. Bulgaria (224.0 kg)
  2. Netherlands (9.0 kg)

Source: IndexBox Market Intelligence Platform

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