Price for Tallow; Other than Those of Heading 1503 in the Dominican Republic - 2022
Contents:
- Price for Tallow; Other than Those of Heading 1503 in the Dominican Republic (CIF) - 2022
- Imports of Tallow; Other than Those of Heading 1503 in the Dominican Republic
Price for Tallow; Other than Those of Heading 1503 in the Dominican Republic (CIF) - 2022
In July 2021, the average import price for tallow; other than those of heading 1503s amounted to $1,502 per ton, approximately reflecting the previous month. Over the period under review, the import price posted resilient growth. The import price peaked in July 2021.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From February 2021 to July 2021, the rate of growth in terms of prices for the United States amounted to +7.9% per month.
Imports of Tallow; Other than Those of Heading 1503 in the Dominican Republic
In 2022, approx. 2.1K tons of tallow; other than those of heading 1503s were imported into the Dominican Republic; reducing by -17.3% on the year before. In general, imports continue to indicate a sharp decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 4%.
In value terms, imports of tallow; other than those of heading 1503s declined notably to $2.4M in 2022. Over the period under review, imports saw a dramatic descent. The most prominent rate of growth was recorded in 2021 when imports increased by 60% against the previous year.
| Import of Tallow; Other than Those of Heading 1503 in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,784 | 958 | 1,545 | 1,188 | -24.7% |
| Canada | 56.2 | 53.4 | 52.7 | 35.0 | -14.6% |
| Others | 2,841 | 959 | 1,546 | 1,201 | -24.9% |
| Total | 5,681 | 1,970 | 3,144 | 2,424 | -24.7% |
Top Suppliers of Tallow; Other than Those of Heading 1503 to the Dominican Republic in 2022:
- United States (1061.1 tons)
- Canada (20.6 tons)
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