Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Latvia - 2023
Contents:
- Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Latvia (CIF) - 2022
- Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Latvia (FOB) - 2022
- Imports of Poultry Fat; Other than That of Heading 0209 or 1503 in Latvia
- Exports of Poultry Fat; Other than That of Heading 0209 or 1503 in Latvia
Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Latvia (CIF) - 2022
The average import price for poultry fat; other than that of heading 0209 or 1503 meat stood at $6,693 per ton in 2022, which is down by -8.4% against the previous year. Over the period under review, the import price, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2020 an increase of 409%. Over the period under review, average import prices reached the maximum at $7,307 per ton in 2021, and then dropped in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($7,458 per ton), while the price for Greece amounted to $6,542 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+3.3%), while the prices for the other major suppliers experienced a decline.
Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Latvia (FOB) - 2022
In 2022, the average export price for poultry fat; other than that of heading 0209 or 1503 meat amounted to $9,247 per ton, increasing by 2.2% against the previous year. Overall, the export price enjoyed a notable expansion. The most prominent rate of growth was recorded in 2017 an increase of 53%. The export price peaked in 2022 and is expected to retain growth in years to come.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($11,800 per ton), while the average price for exports to Estonia amounted to $9,109 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+5.5%).
Imports of Poultry Fat; Other than That of Heading 0209 or 1503 in Latvia
In 2022, after two years of decline, there was significant growth in purchases abroad of poultry fat; other than that of heading 0209 or 1503 meat, when their volume increased by 142% to 716 kg. In general, imports, however, continue to indicate a precipitous slump.
In value terms, imports of poultry fat; other than that of heading 0209 or 1503 meat soared to $4.8K in 2022. Over the period under review, imports, however, saw a dramatic setback.
| Import of Poultry Fat; Other than That of Heading 0209 or 1503 in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | N/A | N/A | N/A | 3.9 | 0% |
| France | 0.6 | 2.6 | 2.2 | 0.9 | 14.5% |
| Lithuania | 21.1 | N/A | N/A | N/A | 0% |
| Poland | 16.7 | N/A | N/A | N/A | 0% |
| Others | 0.1 | 0.2 | N/A | N/A | 100.0% |
| Total | 38.5 | 2.8 | 2.2 | 4.8 | -50.0% |
Top Suppliers of Poultry Fat; Other than That of Heading 0209 or 1503 to Latvia in 2022:
- Greece (598.0 kg)
- France (118.0 kg)
Exports of Poultry Fat; Other than That of Heading 0209 or 1503 in Latvia
In 2022, exports of poultry fat; other than that of heading 0209 or 1503 meat from Latvia surged to 97 kg, picking up by 341% against the previous year. Over the period under review, exports showed a significant increase. 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 skyrocketed to $897 in 2022. Overall, exports saw a significant increase. As a result, the exports attained 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 Latvia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Estonia | 96.0 | 199 | 838 | 195.5% | |
| Lithuania | 92.0 | N/A | 59.0 | -19.9% | |
| Uzbekistan | 24.0 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 212 | 199 | 897 | 105.7% | |
Top Export Markets for Poultry Fat; Other than That of Heading 0209 or 1503 from Latvia in 2022:
- Estonia (92.0 kg)
- Lithuania (5.0 kg)
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