Price for Tallow; Other than Those of Heading 1503 in Bolivia - 2023
Contents:
- Price for Tallow; Other than Those of Heading 1503 in Bolivia (FOB) - 2023
- Price for Tallow; Other than Those of Heading 1503 in Bolivia (CIF) - 2022
- Exports of Tallow; Other than Those of Heading 1503 in Bolivia
- Imports of Tallow; Other than Those of Heading 1503 in Bolivia
Price for Tallow; Other than Those of Heading 1503 in Bolivia (FOB) - 2023
The average export price for tallow; other than those of heading 1503s stood at $574 per ton in July 2023, dropping by -26.6% against the previous month. In general, the export price recorded a deep reduction. The pace of growth appeared the most rapid in April 2023 an increase of 24% m-o-m. The export price peaked at $1,076 per ton in November 2022; however, from December 2022 to July 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In July 2023, the country with the highest price was Paraguay ($603 per ton), while the average price for exports to Brazil stood at $570 per ton.
From November 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (-6.8%).
Price for Tallow; Other than Those of Heading 1503 in Bolivia (CIF) - 2022
In 2022, the average import price for tallow; other than those of heading 1503s amounted to $1,542 per ton, dropping by -2.6% against the previous year. Over the period under review, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tallow; other than those of heading 1503s increased by +54.3% against 2016 indices. The growth pace was the most rapid in 2021 an increase of 27%. As a result, import price reached the peak level of $1,584 per ton, and then contracted modestly in the following year.
As there is only one major supplying country, the average price level is determined by prices for Brazil.
From 2012 to 2022, the rate of growth in terms of prices for Argentina amounted to +3.1% per year.
Exports of Tallow; Other than Those of Heading 1503 in Bolivia
For the fourth year in a row, Bolivia recorded growth in overseas shipments of tallow; other than those of heading 1503s, which increased by 164% to 4.8K tons in 2022. Over the period under review, exports recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 2,970% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of tallow; other than those of heading 1503s soared to $4.9M in 2022. Overall, exports recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 2,812% 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 Tallow; Other than Those of Heading 1503 in Bolivia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | N/A | 0.7 | 1.7 | 4.8 | 161.9% |
| Peru | N/A | N/A | N/A | 0.1 | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | N/A | 0.7 | 1.7 | 4.9 | 164.6% |
Top Export Markets for Tallow; Other than Those of Heading 1503 from Bolivia in 2022:
- Brazil (4.7K tons)
- Peru (0.1K tons)
Imports of Tallow; Other than Those of Heading 1503 in Bolivia
In 2022, imports of tallow; other than those of heading 1503s into Bolivia declined to 336 tons, shrinking by -7.7% against 2021 figures. Overall, imports recorded a abrupt curtailment. The growth pace was the most rapid in 2021 when imports increased by 19%.
In value terms, imports of tallow; other than those of heading 1503s dropped to $518K in 2022. Over the period under review, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 51%.
| Import of Tallow; Other than Those of Heading 1503 in Bolivia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 634 | 383 | 576 | 518 | -6.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 634 | 383 | 576 | 518 | -6.5% |
Top Suppliers of Tallow; Other than Those of Heading 1503 to Bolivia in 2022:
- Brazil (335.8 tons)
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