Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Sri Lanka - 2022

Contents:

  1. Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Sri Lanka (CIF) - 2022
  2. Imports of Poultry Fat; Other than That of Heading 0209 or 1503 in Sri Lanka

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

The average import price for poultry fat; other than that of heading 0209 or 1503 meat stood at $5,000 per ton in 2022, with an increase of 922% against the previous year. In general, the import price saw a strong increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Latvia.

From 2013 to 2022, the rate of growth in terms of prices for the United States amounted to +43.8% per year.

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

In 2022, after two years of growth, there was significant decline in supplies from abroad of poultry fat; other than that of heading 0209 or 1503 meat, when their volume decreased by 99.9% to 2 kg. Overall, imports showed a sharp slump. The most prominent rate of growth was recorded in 2021 when imports increased by 90%. As a result, imports attained the peak of 85 tons, and then shrank sharply in the following year.

In value terms, imports of poultry fat; other than that of heading 0209 or 1503 meat dropped significantly to $10 in 2022. Over the period under review, imports continue to indicate a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 100%. As a result, imports attained the peak of $41K, and then contracted notably in the following year.

Import of Poultry Fat; Other than That of Heading 0209 or 1503 in Sri Lanka (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
LatviaN/AN/AN/A0%
TunisiaN/A12.3N/A0%
IranN/A6.6N/A0%
Saudi Arabia20.822.6N/A8.7%
OthersN/AN/AN/A0%
Total20.841.5N/A99.5%

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

  1. Latvia (2.0 kg)

Source: IndexBox Market Intelligence Platform

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