Price for Tallow; Other than Those of Heading 1503 in Paraguay - 2024
Contents:
- Price for Tallow; Other than Those of Heading 1503 in Paraguay (FOB) - 2024
- Price for Tallow; Other than Those of Heading 1503 in Paraguay (CIF) - 2022
- Exports of Tallow; Other than Those of Heading 1503 in Paraguay
- Imports of Tallow; Other than Those of Heading 1503 in Paraguay
Price for Tallow; Other than Those of Heading 1503 in Paraguay (FOB) - 2024
The average export price for tallow; other than those of heading 1503s stood at $849 per ton in September 2023, surging by 9.5% against the previous month. Over the period under review, the export price, however, saw a mild reduction. The export price peaked at $949 per ton in January 2023; however, from February 2023 to September 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Egypt ($1,112 per ton), while the average price for exports to Russia ($617 per ton) was amongst the lowest.
From January 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+9.0%), while the prices for the other major destinations experienced a decline.
Price for Tallow; Other than Those of Heading 1503 in Paraguay (CIF) - 2022
In 2022, the average import price for tallow; other than those of heading 1503s amounted to $1,620 per ton, flattening at the previous year. Overall, the import price saw mild growth. The pace of growth was the most pronounced in 2017 an increase of 66% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for Russia.
From 2013 to 2022, the rate of growth in terms of prices for Russia amounted to +17.8% per year.
Exports of Tallow; Other than Those of Heading 1503 in Paraguay
In 2022, approx. 59K tons of tallow; other than those of heading 1503s were exported from Paraguay; rising by 2.8% on 2021 figures. The total export volume increased at an average annual rate of +11.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 28%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of tallow; other than those of heading 1503s surged to $71M in 2022. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 87% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Tallow; Other than Those of Heading 1503 in Paraguay (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 18.0 | 23.6 | 45.2 | 58.9 | 48.5% |
| Russia | 1.8 | 2.2 | 3.4 | 3.5 | 24.8% |
| Uruguay | 0.3 | 0.7 | 2.0 | 2.3 | 97.2% |
| Egypt | 1.0 | 1.3 | 2.3 | 2.3 | 32.0% |
| Chile | N/A | N/A | N/A | 2.0 | 0% |
| Others | 1.7 | 1.6 | 1.9 | 1.5 | -4.1% |
| Total | 22.8 | 29.4 | 54.9 | 70.5 | 45.7% |
Top Export Markets for Tallow; Other than Those of Heading 1503 from Paraguay in 2022:
- Brazil (48.8K tons)
- Russia (3.4K tons)
- Uruguay (2.3K tons)
- Egypt (1.7K tons)
- Chile (1.4K tons)
Imports of Tallow; Other than Those of Heading 1503 in Paraguay
In 2022, after two years of decline, there was decline in overseas purchases of tallow; other than those of heading 1503s, when their volume decreased by 0% to 28 tons. In general, imports continue to indicate a pronounced increase. The smallest decline of 99.9% was in 2020. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of tallow; other than those of heading 1503s totaled $45K in 2022. Over the period under review, imports saw significant growth. The smallest decline of 99.9% was in 2020. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Tallow; Other than Those of Heading 1503 in Paraguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | N/A | N/A | 45.1 | 0% |
| Bolivia | 20.2 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 20.2 | N/A | N/A | 45.1 | 30.7% |
Top Suppliers of Tallow; Other than Those of Heading 1503 to Paraguay in 2022:
- Russia (27.8 tons)
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