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

Contents:

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

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

In 2022, the average import price for poultry fat; other than that of heading 0209 or 1503 meat amounted to $2,640 per ton, falling by -32% against the previous year. In general, the import price, however, showed a moderate expansion. The most prominent rate of growth was recorded in 2020 an increase of 52% against the previous year. Over the period under review, average import prices hit record highs at $3,882 per ton in 2021, and then shrank markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($3,796 per ton), while the price for Germany ($1,063 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+17.7%), 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 Romania (FOB) - 2022

In 2022, the average export price for poultry fat; other than that of heading 0209 or 1503 meat amounted to $696 per ton, with a decrease of -5.4% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 57% against the previous year. The export price peaked at $882 per ton in 2013; however, from 2014 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 Hungary ($1,298 per ton), while the average price for exports to Poland ($484 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 Poland (+31.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of poultry fat; other than that of heading 0209 or 1503 meat into Romania soared to 155 tons, jumping by 111% against 2021. Over the period under review, imports recorded a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of poultry fat; other than that of heading 0209 or 1503 meat surged to $410K in 2022. In general, imports posted a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 63%. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in years to come.

Import of Poultry Fat; Other than That of Heading 0209 or 1503 in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary15013520325319.0%
SpainN/A0.956.9101959.3%
GermanyN/A3.40.122.4156.7%
Bulgaria8.04.111.117.830.5%
France28.229.83.610.4-28.3%
Others1.12.210.85.874.1%
Total18717528541029.9%

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

  1. Hungary (66.6 tons)
  2. Spain (50.3 tons)
  3. Germany (21.1 tons)
  4. Bulgaria (10.1 tons)
  5. France (5.6 tons)

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

In 2022, shipments abroad of poultry fat; other than that of heading 0209 or 1503 meat decreased by -78% to 101 tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 2,944%. As a result, the exports reached the peak of 1.2K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of poultry fat; other than that of heading 0209 or 1503 meat reduced markedly to $70K in 2022. Overall, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2020 when exports increased by 2,251% against the previous year. As a result, the exports reached the peak of $547K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Poultry Fat; Other than That of Heading 0209 or 1503 in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PolandN/AN/A7.535.5373.3%
Hungary6.4N/A73.731.469.9%
GermanyN/A4492361.0-95.3%
GreeceN/A57.40.4N/A-99.3%
Slovakia15.624.817.1N/A4.7%
Others1.215.51.92.222.4%
Total23.354733770.044.3%

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

  1. Poland (73.4 tons)
  2. Hungary (24.1 tons)
  3. Germany (1.6 tons)

Source: IndexBox Market Intelligence Platform

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