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

Contents:

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

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

The average import price for poultry fat; other than that of heading 0209 or 1503 meat stood at $1,256 per ton in 2022, declining by -16.6% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 52% against the previous year. The import price peaked at $1,612 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 France ($5,149 per ton), while the price for Italy ($995 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+17.0%), 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 Switzerland (FOB) - 2022

The average export price for poultry fat; other than that of heading 0209 or 1503 meat stood at $2,320 per ton in 2022, jumping by 27% against the previous year. In general, the export price, however, continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2017 when the average export price increased by 95%. Over the period under review, the average export prices attained the maximum at $3,126 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Italy.

From 2012 to 2022, the rate of growth in terms of prices for Hungary amounted to +12.2% per year.

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

In 2022, approx. 817 tons of poultry fat; other than that of heading 0209 or 1503 meat were imported into Switzerland; growing by 255% on the year before. In general, imports enjoyed a significant 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 $1M in 2022. Over the period under review, imports posted significant growth. As a result, imports attained 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 Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria2.89.354.1489459.0%
Italy56.119.40.721656.7%
Germany1.344.340.0171408.6%
France82.253.135.393.94.5%
Belgium27.718.89.319.5-11.0%
Australia12.441.652.0N/A104.8%
Others21618115536.6-44.7%
Total3993673461,02637.0%

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

  1. Austria (459.7 tons)
  2. Italy (217.0 tons)
  3. Germany (101.0 tons)
  4. France (18.2 tons)
  5. Belgium (12.0 tons)

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

After three years of growth, overseas shipments of poultry fat; other than that of heading 0209 or 1503 meat decreased by -99.5% to 25 kg in 2022. In general, exports continue to indicate a dramatic setback. The pace of growth was the most pronounced in 2020 with an increase of 188% against the previous year.

In value terms, exports of poultry fat; other than that of heading 0209 or 1503 meat dropped sharply to $58 in 2022. Over the period under review, exports showed a sharp slump. The most prominent rate of growth was recorded in 2020 when exports increased by 126%. As a result, the exports attained the peak of $8.7K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Poultry Fat; Other than That of Heading 0209 or 1503 in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/AN/AN/A0.10%
France3.46.47.4N/A47.5%
Germany0.41.21.1N/A65.8%
OthersN/A1.1N/AN/A0%
Total3.88.78.60.1-70.3%

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

  1. Italy (25.0 kg)

Source: IndexBox Market Intelligence Platform

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