Price for Poultry Fat; Other than That of Heading 0209 or 1503 in South Africa - 2023
Contents:
- Price for Poultry Fat; Other than That of Heading 0209 or 1503 in South Africa (CIF) - 2022
- Price for Poultry Fat; Other than That of Heading 0209 or 1503 in South Africa (FOB) - 2022
- Imports of Poultry Fat; Other than That of Heading 0209 or 1503 in South Africa
- Exports of Poultry Fat; Other than That of Heading 0209 or 1503 in South Africa
Price for Poultry Fat; Other than That of Heading 0209 or 1503 in South Africa (CIF) - 2022
In 2022, the average import price for poultry fat; other than that of heading 0209 or 1503 meat amounted to $1,587 per ton, picking up by 35% against the previous year. In general, the import price, however, continues to indicate a sharp slump. The growth pace was the most rapid in 2014 an increase of 1,063%. The import price peaked at $15,615 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($1,616 per ton), while the price for France amounted to $1,584 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+8.5%), while the prices for the other major suppliers experienced a decline.
Price for Poultry Fat; Other than That of Heading 0209 or 1503 in South Africa (FOB) - 2022
The average export price for poultry fat; other than that of heading 0209 or 1503 meat stood at $1,811 per ton in 2022, rising by 3.8% against the previous year. Over the period under review, the export price, however, recorded a mild descent. The most prominent rate of growth was recorded in 2020 an increase of 33%. The export price peaked at $2,168 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 Botswana ($5,000 per ton), while the average price for exports to Lesotho ($1,000 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 Botswana (+6.7%), 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 South Africa
In 2022, the amount of poultry fat; other than that of heading 0209 or 1503 meat imported into South Africa skyrocketed to 1.9K tons, jumping by 41% against 2021. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +13.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.7% against 2020 indices. 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 soared to $3.1M in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Poultry Fat; Other than That of Heading 0209 or 1503 in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1.0 | 1.0 | 1.6 | 2.9 | 42.6% |
| Spain | N/A | N/A | N/A | 0.2 | 0% |
| Brazil | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.0 | 1.0 | 1.6 | 3.1 | 45.8% |
Top Suppliers of Poultry Fat; Other than That of Heading 0209 or 1503 to South Africa in 2022:
- France (1810.1 tons)
- Spain (125.0 tons)
Exports of Poultry Fat; Other than That of Heading 0209 or 1503 in South Africa
In 2022, shipments abroad of poultry fat; other than that of heading 0209 or 1503 meat decreased by -96.7% to 111 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a dramatic descent. The most prominent rate of growth was recorded in 2020 with an increase of 8.2% against the previous year. As a result, the exports attained the peak of 23 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of poultry fat; other than that of heading 0209 or 1503 meat shrank dramatically to $201 in 2022. Overall, exports faced a precipitous decline. The pace of growth appeared the most rapid in 2020 when exports increased by 44%. As a result, the exports reached the peak of $32K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Poultry Fat; Other than That of Heading 0209 or 1503 in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malawi | N/A | N/A | N/A | 0.1 | 0% |
| Mozambique | 6.2 | 1.3 | 0.9 | 0.1 | -74.7% |
| Botswana | N/A | N/A | N/A | N/A | 0% |
| Belgium | N/A | 25.2 | N/A | N/A | 0% |
| Namibia | 6.6 | N/A | 3.8 | N/A | -24.1% |
| Lesotho | 9.5 | 5.3 | 0.9 | N/A | -69.2% |
| Others | N/A | 0.4 | 0.1 | N/A | -75.0% |
| Total | 22.3 | 32.1 | 5.8 | 0.2 | -79.2% |
Top Export Markets for Poultry Fat; Other than That of Heading 0209 or 1503 from South Africa in 2022:
- Mozambique (80.0 kg)
- Malawi (24.0 kg)
- Botswana (5.0 kg)
- Lesotho (2.0 kg)
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