Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Pakistan - 2023
Contents:
- Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Pakistan (CIF) - 2022
- Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Pakistan (FOB) - 2022
- Imports of Poultry Fat; Other than That of Heading 0209 or 1503 in Pakistan
- Exports of Poultry Fat; Other than That of Heading 0209 or 1503 in Pakistan
Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Pakistan (CIF) - 2022
In 2022, the average import price for poultry fat; other than that of heading 0209 or 1503 meat amounted to $408 per ton, reducing by -39.4% against the previous year. Overall, the import price faced a precipitous slump. The most prominent rate of growth was recorded in 2015 an increase of 22% against the previous year. The import price peaked at $4,045 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Qatar ($455 per ton), while the price for Saudi Arabia totaled $404 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Qatar (+50.5%), while the prices for the other major suppliers experienced a decline.
Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Pakistan (FOB) - 2022
The average export price for poultry fat; other than that of heading 0209 or 1503 meat stood at $1,427 per ton in 2022, rising by 12% against the previous year. In general, the export price, however, showed a deep reduction. The export price peaked at $2,500 per ton in 2016; however, from 2017 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 China ($1,991 per ton), while the average price for exports to Afghanistan ($860 per ton) was amongst the lowest.
From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+56.8%).
Imports of Poultry Fat; Other than That of Heading 0209 or 1503 in Pakistan
In 2022, supplies from abroad of poultry fat; other than that of heading 0209 or 1503 meat decreased by -8.4% to 1.5K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 308%.
In value terms, imports of poultry fat; other than that of heading 0209 or 1503 meat contracted dramatically to $595K in 2022. Overall, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 91% against the previous year.
| Import of Poultry Fat; Other than That of Heading 0209 or 1503 in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 173 | 396 | 760 | 540 | 46.1% |
| Qatar | N/A | 11.4 | 25.7 | 54.3 | 118.2% |
| France | 153 | 209 | 259 | N/A | 30.1% |
| Tunisia | N/A | N/A | 26.8 | N/A | 0% |
| Others | N/A | 8.5 | N/A | N/A | 0% |
| Total | 327 | 625 | 1,071 | 595 | 22.1% |
Top Suppliers of Poultry Fat; Other than That of Heading 0209 or 1503 to Pakistan in 2022:
- Saudi Arabia (1336.2 tons)
- Qatar (119.3 tons)
Exports of Poultry Fat; Other than That of Heading 0209 or 1503 in Pakistan
In 2022, shipments abroad of poultry fat; other than that of heading 0209 or 1503 meat decreased by -9.3% to 318 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a significant expansion.
In value terms, exports of poultry fat; other than that of heading 0209 or 1503 meat totaled $454K in 2022. Over the period under review, exports, however, 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 Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | 445 | 239 | -46.3% |
| Malaysia | N/A | N/A | N/A | 215 | 0% |
| Afghanistan | 40.7 | N/A | N/A | 0.2 | -83.0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 40.7 | N/A | 446 | 454 | 123.4% |
Top Export Markets for Poultry Fat; Other than That of Heading 0209 or 1503 from Pakistan in 2022:
- Malaysia (197.9 tons)
- China (120.0 tons)
- Afghanistan (0.2 tons)
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