Price for Tallow; Other than Those of Heading 1503 in Pakistan - 2023
Contents:
- Price for Tallow; Other than Those of Heading 1503 in Pakistan (CIF) - 2023
- Imports of Tallow; Other than Those of Heading 1503 in Pakistan
Price for Tallow; Other than Those of Heading 1503 in Pakistan (CIF) - 2023
In March 2023, the average import price for tallow; other than those of heading 1503s amounted to $978 per ton, shrinking by -11.9% against the previous month. In general, the import price showed a deep setback. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 147% against the previous month. The import price peaked at $1,492 per ton in July 2022; however, from August 2022 to March 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Saudi Arabia ($1,282 per ton), while the price for Iran ($594 per ton) was amongst the lowest.
From July 2022 to March 2023, the most notable rate of growth in terms of prices was attained by Iran (0.0%), while the prices for the other major suppliers experienced a decline.
Imports of Tallow; Other than Those of Heading 1503 in Pakistan
In 2022, the amount of tallow; other than those of heading 1503s imported into Pakistan soared to 3.8K tons, picking up by 17% against 2021 figures. Overall, imports, however, showed a precipitous shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 26%.
In value terms, imports of tallow; other than those of heading 1503s surged to $3.6M in 2022. Over the period under review, imports, however, saw a deep slump.
| Import of Tallow; Other than Those of Heading 1503 in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 1,243 | 1,097 | 1,447 | 2,549 | 27.0% |
| Lebanon | 518 | 371 | 365 | 546 | 1.8% |
| Kuwait | 18.5 | 224 | 426 | 453 | 190.4% |
| United Arab Emirates | N/A | N/A | N/A | 34.0 | 0% |
| New Zealand | N/A | N/A | 208 | N/A | 0% |
| India | 5,057 | N/A | N/A | N/A | 0% |
| Others | 33.2 | 51.4 | 44.8 | N/A | 16.2% |
| Total | 6,870 | 1,744 | 2,491 | 3,582 | -19.5% |
Top Suppliers of Tallow; Other than Those of Heading 1503 to Pakistan in 2022:
- Saudi Arabia (2268.3 tons)
- Lebanon (882.3 tons)
- Kuwait (575.6 tons)
- United Arab Emirates (66.3 tons)
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