Price for Tallow; Other than Those of Heading 1503 in Norway - 2024
Contents:
- Price for Tallow; Other than Those of Heading 1503 in Norway (CIF) - 2022
- Price for Tallow; Other than Those of Heading 1503 in Norway (FOB) - 2022
- Imports of Tallow; Other than Those of Heading 1503 in Norway
- Exports of Tallow; Other than Those of Heading 1503 in Norway
Price for Tallow; Other than Those of Heading 1503 in Norway (CIF) - 2022
In 2022, the average import price for tallow; other than those of heading 1503s amounted to $2,865 per ton, jumping by 33% against the previous year. Overall, the import price showed buoyant growth. The growth pace was the most rapid in 2021 an increase of 59% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
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 ($7,915 per ton), while the price for Austria ($2,227 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+18.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tallow; Other than Those of Heading 1503 in Norway (FOB) - 2022
In 2022, the average export price for tallow; other than those of heading 1503s amounted to $40,627 per ton, rising by 4,133% against the previous year. In general, the export price saw strong growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 50,425%. The export price peaked at $11,962,000 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($46,630 per ton), while the average price for exports to Vietnam stood at $35,563 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+588.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tallow; Other than Those of Heading 1503 in Norway
Imports of tallow; other than those of heading 1503s into Norway soared to 131 tons in 2022, growing by 449% compared with 2021 figures. Over the period under review, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of tallow; other than those of heading 1503s skyrocketed to $374K in 2022. In general, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Tallow; Other than Those of Heading 1503 in Norway (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | N/A | N/A | N/A | 180 | 0% |
Sweden | 12.5 | 16.9 | 21.6 | 93.6 | 95.6% |
Poland | N/A | N/A | N/A | 49.9 | 0% |
Austria | 22.9 | 69.3 | 26.3 | 44.6 | 24.9% |
Denmark | 28.9 | N/A | 3.2 | 5.5 | -42.5% |
Others | N/A | 1.2 | N/A | 0.4 | -42.3% |
Total | 64.4 | 87.4 | 51.1 | 374 | 79.7% |
Top Suppliers of Tallow; Other than Those of Heading 1503 to Norway in 2022:
- Germany (75.8 tons)
- Poland (20.0 tons)
- Austria (20.0 tons)
- Sweden (14.0 tons)
- Denmark (0.7 tons)
Exports of Tallow; Other than Those of Heading 1503 in Norway
After three years of growth, overseas shipments of tallow; other than those of heading 1503s decreased by 99.9% to 59 kg in 2022. In general, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 46,100% against the previous year.
In value terms, exports of tallow; other than those of heading 1503s shrank significantly to $2.4K in 2022. Over the period under review, exports recorded a sharp decline. The most prominent rate of growth was recorded in 2021 when exports increased by 27,919%. As a result, the exports attained the peak of $127K, and then declined rapidly in the following year.
Export of Tallow; Other than Those of Heading 1503 in Norway (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | N/A | 0.5 | N/A | 1.3 | 61.2% |
Vietnam | N/A | N/A | N/A | 1.1 | 0% |
Serbia | N/A | N/A | 10.8 | N/A | 0% |
Poland | N/A | N/A | 95.3 | N/A | 0% |
Ukraine | N/A | N/A | 21.1 | N/A | 0% |
Others | 12.0 | N/A | N/A | N/A | 0% |
Total | 12.0 | 0.5 | 127 | 2.4 | -41.5% |
Top Export Markets for Tallow; Other than Those of Heading 1503 from Norway in 2022:
- Vietnam (32.0 kg)
- Thailand (27.0 kg)
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