Price for Tallow; Other than Those of Heading 1503 in the United Arab Emirates - 2022
Contents:
- Price for Tallow; Other than Those of Heading 1503 in the United Arab Emirates (CIF) - 2022
- Price for Tallow; Other than Those of Heading 1503 in the United Arab Emirates (FOB) - 2022
- Imports of Tallow; Other than Those of Heading 1503 in the United Arab Emirates
- Exports of Tallow; Other than Those of Heading 1503 in the United Arab Emirates
Price for Tallow; Other than Those of Heading 1503 in the United Arab Emirates (CIF) - 2022
The average import price for tallow; other than those of heading 1503s stood at $1,387 per ton in 2022, rising by 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The pace of growth was the most pronounced in 2021 an increase of 24%. The import price peaked in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($1,775 per ton), while the price for Kuwait ($856 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tallow; Other than Those of Heading 1503 in the United Arab Emirates (FOB) - 2022
The average export price for tallow; other than those of heading 1503s stood at $1,467 per ton in 2022, rising by 91% against the previous year. In general, the export price continues to indicate a remarkable increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nigeria ($1,704 per ton), while the average price for exports to Oman stood at $249 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (-6.1%).
Imports of Tallow; Other than Those of Heading 1503 in the United Arab Emirates
After two years of decline, overseas purchases of tallow; other than those of heading 1503s increased by 20% to 622 tons in 2022. Over the period under review, imports, however, saw a precipitous contraction.
In value terms, imports of tallow; other than those of heading 1503s soared to $862K in 2022. In general, imports, however, saw a deep setback.
| Import of Tallow; Other than Those of Heading 1503 in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 48.3 | 163 | 152 | 343 | 92.2% |
| India | 53.6 | 59.7 | 124 | 332 | 83.7% |
| Kuwait | 115 | 240 | 47.1 | 113 | -0.6% |
| Pakistan | N/A | N/A | N/A | 27.1 | 0% |
| Thailand | N/A | 19.0 | 30.9 | 23.6 | 11.4% |
| China | 762 | 101 | 46.1 | N/A | -75.4% |
| Uruguay | 31.4 | 31.7 | 19.2 | N/A | -21.8% |
| Iran | 41.4 | 69.8 | 15.6 | N/A | -38.6% |
| Australia | 149 | 222 | 125 | N/A | -8.4% |
| Others | 5.4 | 9.3 | 68.5 | 23.4 | 63.0% |
| Total | 1,206 | 915 | 629 | 862 | -10.6% |
Top Suppliers of Tallow; Other than Those of Heading 1503 to the United Arab Emirates in 2022:
- India (240.9 tons)
- Brazil (193.5 tons)
- Kuwait (131.7 tons)
- Pakistan (28.0 tons)
- Thailand (19.8 tons)
Exports of Tallow; Other than Those of Heading 1503 in the United Arab Emirates
In 2022, overseas shipments of tallow; other than those of heading 1503s were finally on the rise to reach 141 tons after two years of decline. Over the period under review, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of tallow; other than those of heading 1503s surged to $207K in 2022. Overall, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Tallow; Other than Those of Heading 1503 in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nigeria | N/A | N/A | N/A | 193 | 0% |
| Oman | N/A | N/A | N/A | 6.7 | 0% |
| Pakistan | 1.9 | 1.0 | 0.7 | N/A | -39.3% |
| Others | 1.1 | 1.4 | 1.2 | 7.8 | 92.1% |
| Total | 3.0 | 2.4 | 1.9 | 207 | 310.2% |
Top Export Markets for Tallow; Other than Those of Heading 1503 from the United Arab Emirates in 2022:
- Nigeria (113.1 tons)
- Oman (26.8 tons)
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