Price for Tallow; Other than Those of Heading 1503 in Vietnam - 2022
Contents:
- Price for Tallow; Other than Those of Heading 1503 in Vietnam (FOB) - 2022
- Price for Tallow; Other than Those of Heading 1503 in Vietnam (CIF) - 2022
- Exports of Tallow; Other than Those of Heading 1503 in Vietnam
- Imports of Tallow; Other than Those of Heading 1503 in Vietnam
Price for Tallow; Other than Those of Heading 1503 in Vietnam (FOB) - 2022
In 2022, the average export price for tallow; other than those of heading 1503s amounted to $1,627 per ton, approximately mirroring the previous year. In general, the export price recorded buoyant growth. The most prominent rate of growth was recorded in 2013 an increase of 5.5%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($1,627 per ton), while the average price for exports to Malaysia stood at $1,627 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+40.1%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Tallow; Other than Those of Heading 1503 in Vietnam (CIF) - 2022
The average import price for tallow; other than those of heading 1503s stood at $1,646 per ton in 2022, with an increase of 42% against the previous year. In general, the import price continues to indicate a measured increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 47%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for New Zealand.
From 2012 to 2022, the rate of growth in terms of prices for New Zealand amounted to +4.6% per year.
Exports of Tallow; Other than Those of Heading 1503 in Vietnam
Exports of tallow; other than those of heading 1503s from Vietnam amounted to 1.8K tons in 2022, therefore, remained relatively stable against 2021 figures. Over the period under review, exports recorded a significant expansion. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in years to come.
In value terms, exports of tallow; other than those of heading 1503s amounted to $3M in 2022. Overall, exports posted a significant increase. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in the immediate term.
| Export of Tallow; Other than Those of Heading 1503 in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Malaysia | 118 | N/A | 2,875 | 393.6% | |
| China | 141 | N/A | 122 | -7.0% | |
| South Korea | 32.6 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 292 | N/A | 2,996 | 220.3% | |
Top Export Markets for Tallow; Other than Those of Heading 1503 from Vietnam in 2022:
- Malaysia (1767.2 tons)
- China (74.7 tons)
Imports of Tallow; Other than Those of Heading 1503 in Vietnam
In 2022, approx. 383 tons of tallow; other than those of heading 1503s were imported into Vietnam; growing by 17% on the previous year's figure. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 279% against the previous year. As a result, imports reached the peak of 668 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of tallow; other than those of heading 1503s surged to $631K in 2022. Over the period under review, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 243% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Tallow; Other than Those of Heading 1503 in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 64.1 | 507 | 248 | 631 | 114.3% |
| Paraguay | 89.2 | N/A | N/A | N/A | 0% |
| France | N/A | 19.0 | N/A | N/A | 0% |
| Brazil | N/A | N/A | 128 | N/A | 0% |
| Others | 0.1 | N/A | 4.2 | N/A | 548.1% |
| Total | 153 | 526 | 380 | 631 | 60.4% |
Top Suppliers of Tallow; Other than Those of Heading 1503 to Vietnam in 2022:
- New Zealand (383.1 tons)
269
This report provides an in-depth analysis of the market for fats of bovine animals, sheep or goats in Vietnam.
682
This report provides an in-depth analysis of the tallow market in Vietnam.
574
Global Sheep, Goat, Cow Fat Market Report 2018. This report provides an in-depth analysis of the global market for sheep, goat, cow fat.
6116
This report provides an in-depth analysis of the global tallow market.
269
This report provides an in-depth analysis of the market for fats of bovine animals, sheep or goats in Vietnam.
682
This report provides an in-depth analysis of the tallow market in Vietnam.
574
Global Sheep, Goat, Cow Fat Market Report 2018. This report provides an in-depth analysis of the global market for sheep, goat, cow fat.
6116
This report provides an in-depth analysis of the global tallow market.
31
Explore the top import markets for tallow in the world and discover key statistics and data on tallow imports. Find out which countries are leading in tallow imports and the reasons behind their demand.
6821
In 2016, the global tallow market stood at X tons in 2016. Overall, the market was stable from 2007 to 2016, with only soft variations over the period.
1352
Global tallow consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.
2898
Global tallow exports amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
1872
Global tallow imports amounted to X thousand tons in 2015, coming down by -X% against the previous year level.
2711
In 2015, the country with the largest volume of the tallow output was the United States (X thousand tons), accounting for X% of global production.
1266
The tallow market volume followed an overall negative trend. A drop in 2008 was followed by stagnation at about X thousand tons, until the market fell again in 2012.
2175
The pursuit of healthy nutrition is an acute trend in the American lifestyle. However, the concern about health hasn't reached the entire population yet, as fast food is still highly sought, demonstrated by the strong deman
1343
The U.S. dominates in the global tallow trade. In 2014, the U.S. exported X thousand tons of tallow totaling X million USD, X% under the previous year. Its primary trading partner was Mexico, where it supplied X% of its total tallow exports in
31
Explore the top import markets for tallow in the world and discover key statistics and data on tallow imports. Find out which countries are leading in tallow imports and the reasons behind their demand.
