Price for Poultry Fat; Other than That of Heading 0209 or 1503 in the United Arab Emirates - 2022
Contents:
- Price for Poultry Fat; Other than That of Heading 0209 or 1503 in the United Arab Emirates (CIF) - 2022
- Price for Poultry Fat; Other than That of Heading 0209 or 1503 in the United Arab Emirates (FOB) - 2022
- Imports of Poultry Fat; Other than That of Heading 0209 or 1503 in the United Arab Emirates
- Exports of Poultry Fat; Other than That of Heading 0209 or 1503 in the United Arab Emirates
Price for Poultry Fat; Other than That of Heading 0209 or 1503 in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for poultry fat; other than that of heading 0209 or 1503 meat amounted to $1,365 per ton, declining by -28.7% against the previous year. In general, the import price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2019 when the average import price increased by 69%. The import price peaked at $4,201 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($2,273 per ton), while the price for Saudi Arabia ($891 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+44.5%), 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 the United Arab Emirates (FOB) - 2022
In 2022, the average export price for poultry fat; other than that of heading 0209 or 1503 meat amounted to $3,304 per ton, increasing by 179% against the previous year. Overall, the export price continues to indicate strong growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sudan ($9,983 per ton), while the average price for exports to Oman ($1,276 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 Sudan (+130.1%).
Imports of Poultry Fat; Other than That of Heading 0209 or 1503 in the United Arab Emirates
In 2022, overseas purchases of poultry fat; other than that of heading 0209 or 1503 meat decreased by -21% to 501 tons, falling for the second consecutive year after two years of growth. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +7.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -24.7% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 64% against the previous year. As a result, imports attained the peak of 666 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of poultry fat; other than that of heading 0209 or 1503 meat reduced remarkably to $684K in 2022. Overall, imports recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 78% against the previous year. As a result, imports attained the peak of $1.3M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Poultry Fat; Other than That of Heading 0209 or 1503 in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 2.8 | 0.8 | 8.0 | 287 | 368.0% |
| Saudi Arabia | N/A | N/A | N/A | 261 | 0% |
| France | 329 | 828 | 882 | 129 | -26.8% |
| Turkey | 75.0 | N/A | N/A | N/A | 0% |
| Others | 322 | 472 | 326 | 6.7 | -72.5% |
| Total | 729 | 1,301 | 1,215 | 684 | -2.1% |
Top Suppliers of Poultry Fat; Other than That of Heading 0209 or 1503 to the United Arab Emirates in 2022:
- Saudi Arabia (293.3 tons)
- Netherlands (150.4 tons)
- France (56.7 tons)
Exports of Poultry Fat; Other than That of Heading 0209 or 1503 in the United Arab Emirates
In 2022, exports of poultry fat; other than that of heading 0209 or 1503 meat from the United Arab Emirates soared to 45 tons, increasing by 137% on 2021 figures. In general, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 16,941% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, exports of poultry fat; other than that of heading 0209 or 1503 meat skyrocketed to $148K in 2022. Overall, exports saw significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 23,715% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Poultry Fat; Other than That of Heading 0209 or 1503 in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | N/A | N/A | N/A | 138 | 0% |
| Oman | N/A | 11.1 | 19.7 | 6.1 | -25.9% |
| Congo | N/A | N/A | 0.8 | N/A | 0% |
| Others | N/A | 0.1 | 1.8 | 3.6 | 500.0% |
| Total | N/A | 11.2 | 22.3 | 148 | 263.5% |
Top Export Markets for Poultry Fat; Other than That of Heading 0209 or 1503 from the United Arab Emirates in 2022:
- Iraq (39.5 tons)
- Oman (4.7 tons)
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