Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Guatemala - 2023
Contents:
- Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Guatemala (CIF) - 2022
- Imports of Poultry Fat; Other than That of Heading 0209 or 1503 in Guatemala
Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Guatemala (CIF) - 2022
The average import price for poultry fat; other than that of heading 0209 or 1503 meat stood at $1,668 per ton in 2022, with an increase of 38% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The import price peaked at $1,713 per ton in 2017; afterwards, it flattened through to 2022.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($1,676 per ton), while the price for Nicaragua totaled $1,535 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nicaragua (+35.2%).
Imports of Poultry Fat; Other than That of Heading 0209 or 1503 in Guatemala
After three years of growth, overseas purchases of poultry fat; other than that of heading 0209 or 1503 meat decreased by -21.6% to 3.2K tons in 2022. Over the period under review, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 760%. As a result, imports reached the peak of 4.1K tons, and then reduced dramatically in the following year.
In value terms, imports of poultry fat; other than that of heading 0209 or 1503 meat expanded markedly to $5.4M in 2022. In general, imports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 631%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Poultry Fat; Other than That of Heading 0209 or 1503 in Guatemala (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.7 | 0.7 | 4.6 | 5.1 | 93.9% |
| Nicaragua | N/A | N/A | 0.1 | 0.3 | 200.0% |
| Others | N/A | N/A | 0.3 | N/A | 0% |
| Total | 0.7 | 0.7 | 5.0 | 5.4 | 97.6% |
Top Suppliers of Poultry Fat; Other than That of Heading 0209 or 1503 to Guatemala in 2022:
- United States (3.0K tons)
- Nicaragua (0.2K tons)
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