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

Contents:

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

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

The average import price for poultry fat; other than that of heading 0209 or 1503 meat stood at $1,839 per ton in 2022, falling by -20.2% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average import price increased by 134%. The import price peaked at $7,470 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Denmark ($8,497 per ton), while the price for Norway ($1,280 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+5.9%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for poultry fat; other than that of heading 0209 or 1503 meat amounted to $2,597 per ton, surging by 23% against the previous year. Overall, the export price posted a strong increase. The growth pace was the most rapid in 2021 an increase of 49%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($17,182 per ton), while the average price for exports to Norway ($771 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 France (+197.6%), 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 Sweden

After three years of growth, supplies from abroad of poultry fat; other than that of heading 0209 or 1503 meat decreased by -39.1% to 167 tons in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 2,228% against the previous year. As a result, imports attained the peak of 274 tons, and then dropped remarkably in the following year.

In value terms, imports of poultry fat; other than that of heading 0209 or 1503 meat reduced sharply to $306K in 2022. In general, imports, however, saw significant growth. The growth pace was the most rapid in 2021 with an increase of 1,331%. As a result, imports reached the peak of $631K, and then fell remarkably in the following year.

Import of Poultry Fat; Other than That of Heading 0209 or 1503 in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NorwayN/AN/A372111-70.2%
France20.129.950.376.756.3%
GermanyN/AN/A17535.3-79.8%
NetherlandsN/AN/AN/A35.00%
PolandN/AN/A10.833.0205.6%
Others12.114.123.115.68.8%
Total32.144.1631306112.0%

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

  1. Norway (86.5 tons)
  2. Germany (22.0 tons)
  3. France (21.8 tons)
  4. Netherlands (17.7 tons)
  5. Poland (16.7 tons)

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

In 2022, shipments abroad of poultry fat; other than that of heading 0209 or 1503 meat increased by 7.9% to 92 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a sharp slump.

In value terms, exports of poultry fat; other than that of heading 0209 or 1503 meat skyrocketed to $238K in 2022. The total export value increased at an average annual rate of +4.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom10211114719123.3%
Netherlands61.045.629.438.2-14.4%
SloveniaN/AN/AN/A7.00%
Germany45.018.6N/AN/A-58.7%
Others3.84.62.81.6-25.0%
Total2121791802383.9%

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

  1. United Kingdom (71.9 tons)
  2. Netherlands (16.2 tons)
  3. Slovenia (2.7 tons)

Source: IndexBox Market Intelligence Platform

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