Price for Tallow; Other than Those of Heading 1503 in Iran - 2022
Contents:
- Price for Tallow; Other than Those of Heading 1503 in Iran (FOB) - 2022
- Price for Tallow; Other than Those of Heading 1503 in Iran (CIF) - 2022
- Exports of Tallow; Other than Those of Heading 1503 in Iran
- Imports of Tallow; Other than Those of Heading 1503 in Iran
Price for Tallow; Other than Those of Heading 1503 in Iran (FOB) - 2022
The average export price for tallow; other than those of heading 1503s stood at $999 per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the export price saw a deep setback. The most prominent rate of growth was recorded in 2013 when the average export price increased by 15%. As a result, the export price reached the peak level of $2,229 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Afghanistan.
From 2012 to 2022, the rate of growth in terms of prices for Afghanistan amounted to -6.4% per year.
Price for Tallow; Other than Those of Heading 1503 in Iran (CIF) - 2022
In 2022, the average import price for tallow; other than those of heading 1503s amounted to $554 per ton, jumping by 179% against the previous year. Overall, the import price saw a relatively flat trend pattern. The import price peaked at $639 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From 2014 to 2022, the rate of growth in terms of prices for Turkey amounted to +0.5% per year.
Exports of Tallow; Other than Those of Heading 1503 in Iran
In 2022, shipments abroad of tallow; other than those of heading 1503s decreased by -49.7% to 11K tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a dramatic curtailment. The pace of growth was the most pronounced in 2020 with an increase of 58%. As a result, the exports attained the peak of 45K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of tallow; other than those of heading 1503s declined remarkably to $11M in 2022. In general, exports recorded a sharp decline. The pace of growth appeared the most rapid in 2020 when exports increased by 57% against the previous year. As a result, the exports reached the peak of $45M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Tallow; Other than Those of Heading 1503 in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Afghanistan | 14.0 | 22.2 | 11.2 | 5.7 | -25.9% |
| Others | 14.6 | 22.7 | 11.6 | 5.8 | -26.5% |
| Total | 28.6 | 44.9 | 22.8 | 11.4 | -26.4% |
Top Export Markets for Tallow; Other than Those of Heading 1503 from Iran in 2022:
- Afghanistan (5.7K tons)
Imports of Tallow; Other than Those of Heading 1503 in Iran
In 2022, imports of tallow; other than those of heading 1503s into Iran reduced sharply to 46 tons, shrinking by -73.8% against the year before. Over the period under review, imports recorded a sharp slump. The smallest decline of -31.2% was in 2020.
In value terms, imports of tallow; other than those of heading 1503s shrank notably to $26K in 2022. Overall, imports faced a significant decline.
| Import of Tallow; Other than Those of Heading 1503 in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | N/A | N/A | 25.5 | 0% |
| Vietnam | 96.3 | N/A | N/A | N/A | 0% |
| Azerbaijan | 21.7 | N/A | 17.5 | N/A | -10.2% |
| United Arab Emirates | N/A | 136 | N/A | N/A | 0% |
| Others | 118 | N/A | 17.5 | N/A | -61.5% |
| Total | 236 | 136 | 34.9 | 25.5 | -52.4% |
Top Suppliers of Tallow; Other than Those of Heading 1503 to Iran in 2022:
- Turkey (46.1 tons)
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