Price for Tallow; Other than Those of Heading 1503 in Russia - 2022
Contents:
- Price for Tallow; Other than Those of Heading 1503 in Russia (CIF) - 2022
- Price for Tallow; Other than Those of Heading 1503 in Russia (FOB) - 2022
- Imports of Tallow; Other than Those of Heading 1503 in Russia
- Exports of Tallow; Other than Those of Heading 1503 in Russia
Price for Tallow; Other than Those of Heading 1503 in Russia (CIF) - 2022
In 2022, the average import price for tallow; other than those of heading 1503s amounted to $1,100 per ton, falling by -19.6% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 57% against the previous year. As a result, import price reached the peak level of $1,368 per ton, and then contracted notably in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Uruguay ($1,325 per ton), while the price for Paraguay ($1,058 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tallow; Other than Those of Heading 1503 in Russia (FOB) - 2022
In 2022, the average export price for tallow; other than those of heading 1503s amounted to $1,191 per ton, with an increase of 61% against the previous year. Overall, the export price, however, showed a perceptible reduction. Over the period under review, the average export prices hit record highs at $1,462 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($1,620 per ton), while the average price for exports to Kazakhstan amounted to $1,145 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+17.7%).
Imports of Tallow; Other than Those of Heading 1503 in Russia
In 2022, imports of tallow; other than those of heading 1503s into Russia dropped markedly to 4.1K tons, which is down by -57.4% compared with 2021. Overall, imports recorded a dramatic decline. The pace of growth appeared the most rapid in 2021 when imports increased by 1.5% against the previous year.
In value terms, imports of tallow; other than those of heading 1503s dropped sharply to $4.5M in 2022. Over the period under review, imports faced a precipitous contraction. The growth pace was the most rapid in 2021 with an increase of 59%. As a result, imports attained the peak of $13M, and then fell significantly in the following year.
| Import of Tallow; Other than Those of Heading 1503 in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Paraguay | 1.8 | 2.2 | 3.3 | 3.5 | 24.8% |
| Uruguay | 1.0 | 0.6 | 1.3 | 0.7 | -11.2% |
| Argentina | 0.1 | 0.2 | 0.1 | 0.2 | 26.0% |
| Kazakhstan | N/A | 0.7 | 0.5 | N/A | -28.6% |
| Belarus | 5.9 | 4.6 | 7.8 | N/A | 15.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 8.8 | 8.2 | 13.0 | 4.5 | -20.0% |
Top Suppliers of Tallow; Other than Those of Heading 1503 to Russia in 2022:
- Paraguay (3.4K tons)
- Uruguay (0.5K tons)
- Argentina (0.2K tons)
Exports of Tallow; Other than Those of Heading 1503 in Russia
In 2022, overseas shipments of tallow; other than those of heading 1503s decreased by -19.8% to 385 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 146%.
In value terms, exports of tallow; other than those of heading 1503s skyrocketed to $458K in 2022. Overall, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 223% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in years to come.
| Export of Tallow; Other than Those of Heading 1503 in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 46.6 | 110 | 266 | 403 | 105.3% |
| Paraguay | N/A | N/A | N/A | 45.1 | 0% |
| Kyrgyzstan | 1.5 | N/A | 89.2 | N/A | 671.1% |
| Others | N/A | N/A | 0.1 | 9.9 | 9800.0% |
| Total | 48.1 | 110 | 355 | 458 | 112.0% |
Top Export Markets for Tallow; Other than Those of Heading 1503 from Russia in 2022:
- Kazakhstan (351.9 tons)
- Paraguay (27.8 tons)
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