Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Poland - 2023

Contents:

  1. Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Poland (FOB) - 2023
  2. Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Poland (CIF) - 2023
  3. Exports of Poultry Fat; Other than That of Heading 0209 or 1503 in Poland
  4. Imports of Poultry Fat; Other than That of Heading 0209 or 1503 in Poland

Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Poland (FOB) - 2023

In October 2023, the average export price for poultry fat; other than that of heading 0209 or 1503 meat amounted to $6,488 per ton, growing by 393% against the previous month. In general, the export price recorded a buoyant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the UK.

From October 2022 to October 2023, the rate of growth in terms of prices for France amounted to -0.2% per month.

Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Poland (CIF) - 2023

The average import price for poultry fat; other than that of heading 0209 or 1503 meat stood at $862 per ton in October 2023, increasing by 8% against the previous month. Over the period under review, the import price, however, continues to indicate a slight setback. The most prominent rate of growth was recorded in April 2023 an increase of 14% m-o-m. As a result, import price reached the peak level of $1,041 per ton. From May 2023 to October 2023, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Ukraine.

From October 2022 to October 2023, the rate of growth in terms of prices for Hungary amounted to +0.3% per month.

Exports of Poultry Fat; Other than That of Heading 0209 or 1503 in Poland

Exports of poultry fat; other than that of heading 0209 or 1503 meat from Poland skyrocketed to 24K tons in 2022, surging by 89% against the previous year's figure. Over the period under review, exports showed 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 poultry fat; other than that of heading 0209 or 1503 meat surged to $45M in 2022. Overall, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Poultry Fat; Other than That of Heading 0209 or 1503 in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.20.23.58.9254.4%
Netherlands4.04.25.38.227.0%
France0.21.41.58.2244.8%
United Kingdom0.12.85.47.1314.1%
Czech Republic1.52.32.03.532.6%
Hungary0.20.20.62.2122.4%
LithuaniaN/A0.10.72.1358.3%
Italy1.2N/AN/A0.4-30.7%
Ukraine0.50.70.3N/A-22.5%
Others0.10.11.24.1244.8%
Total8.012.020.544.677.3%

Top Export Markets for Poultry Fat; Other than That of Heading 0209 or 1503 from Poland in 2022:

  1. Netherlands (5.9K tons)
  2. Germany (5.8K tons)
  3. France (3.5K tons)
  4. Czech Republic (2.4K tons)
  5. Hungary (1.5K tons)
  6. Lithuania (1.3K tons)
  7. United Kingdom (1.0K tons)
  8. Italy (0.3K tons)

Imports of Poultry Fat; Other than That of Heading 0209 or 1503 in Poland

Imports of poultry fat; other than that of heading 0209 or 1503 meat into Poland surged to 19K tons in 2022, rising by 107% compared with the previous year's figure. Overall, imports recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 179%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of poultry fat; other than that of heading 0209 or 1503 meat soared to $22M in 2022. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 225% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Poultry Fat; Other than That of Heading 0209 or 1503 in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ukraine1.42.86.815.8124.3%
LithuaniaN/A2.21.63.933.1%
NetherlandsN/A1.30.10.6-32.1%
HungaryN/A0.10.30.6144.9%
BulgariaN/AN/AN/A0.60%
Germany0.5N/A0.1N/A-55.3%
Others0.41.10.40.614.5%
Total2.37.69.422.1112.6%

Top Suppliers of Poultry Fat; Other than That of Heading 0209 or 1503 to Poland in 2022:

  1. Ukraine (14.2K tons)
  2. Lithuania (2.8K tons)
  3. Bulgaria (0.8K tons)
  4. Hungary (0.7K tons)
  5. Netherlands (0.4K tons)

Source: IndexBox Market Intelligence Platform

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