Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Norway - 2023
Contents:
- Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Norway (FOB) - 2022
- Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Norway (CIF) - 2022
- Exports of Poultry Fat; Other than That of Heading 0209 or 1503 in Norway
- Imports of Poultry Fat; Other than That of Heading 0209 or 1503 in Norway
Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Norway (FOB) - 2022
In 2022, the average export price for poultry fat; other than that of heading 0209 or 1503 meat amounted to $838 per ton, jumping by 22% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $878 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($1,016 per ton), while the average price for exports to Sweden ($569 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+10.3%).
Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Norway (CIF) - 2022
The average import price for poultry fat; other than that of heading 0209 or 1503 meat stood at $2,424 per ton in 2022, with an increase of 56% against the previous year. In general, the import price saw a tangible increase. The pace of growth appeared the most rapid in 2021 when the average import price increased by 60% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($22,668 per ton), while the price for Germany ($812 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+17.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Poultry Fat; Other than That of Heading 0209 or 1503 in Norway
In 2022, approx. 532 tons of poultry fat; other than that of heading 0209 or 1503 meat were exported from Norway; dropping by -47.3% on 2021. Overall, exports recorded a sharp decline.
In value terms, exports of poultry fat; other than that of heading 0209 or 1503 meat fell dramatically to $446K in 2022. Over the period under review, exports recorded a dramatic slump.
| Export of Poultry Fat; Other than That of Heading 0209 or 1503 in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Germany | 133 | 325 | 144.4% | ||
| Sweden | 214 | 108 | -49.5% | ||
| Denmark | N/A | 12.8 | 0% | ||
| Others | 348 | N/A | 0% | ||
| Total | 695 | 446 | -35.8% | ||
Top Export Markets for Poultry Fat; Other than That of Heading 0209 or 1503 from Norway in 2022:
- Germany (319.8 tons)
- Sweden (189.9 tons)
- Denmark (22.5 tons)
Imports of Poultry Fat; Other than That of Heading 0209 or 1503 in Norway
In 2022, supplies from abroad of poultry fat; other than that of heading 0209 or 1503 meat decreased by -62.3% to 69 tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a dramatic setback. The pace of growth was the most pronounced in 2020 when imports increased by 9.7%. As a result, imports attained the peak of 420 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of poultry fat; other than that of heading 0209 or 1503 meat dropped rapidly to $168K in 2022. In general, imports saw a sharp slump. The most prominent rate of growth was recorded in 2020 when imports increased by 7.5% against the previous year. As a result, imports attained the peak of $408K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Poultry Fat; Other than That of Heading 0209 or 1503 in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 44.5 | 260 | 44.9 | 97.6 | 29.9% |
| Sweden | 4.5 | 4.7 | 8.7 | 45.0 | 115.4% |
| France | 24.2 | 19.4 | 17.7 | 25.4 | 1.6% |
| Germany | 303 | 119 | 45.4 | 0.3 | -90.0% |
| Netherlands | N/A | N/A | 170 | N/A | 0% |
| Others | 4.0 | 4.9 | 0.1 | 0.1 | -70.8% |
| Total | 380 | 408 | 287 | 168 | -23.8% |
Top Suppliers of Poultry Fat; Other than That of Heading 0209 or 1503 to Norway in 2022:
- Denmark (60.4 tons)
- France (6.7 tons)
- Sweden (2.0 tons)
- Germany (0.3 tons)
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