Price for Tallow; Other than Those of Heading 1503 in Finland - 2023
Contents:
- Price for Tallow; Other than Those of Heading 1503 in Finland (FOB) - 2022
- Price for Tallow; Other than Those of Heading 1503 in Finland (CIF) - 2022
- Exports of Tallow; Other than Those of Heading 1503 in Finland
- Imports of Tallow; Other than Those of Heading 1503 in Finland
Price for Tallow; Other than Those of Heading 1503 in Finland (FOB) - 2022
In 2022, the average export price for tallow; other than those of heading 1503s amounted to $749 per ton, increasing by 11% against the previous year. In general, the export price, however, saw a perceptible decrease. The growth pace was the most rapid in 2019 when the average export price increased by 36%. The export price peaked at $993 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Estonia.
From 2012 to 2022, the rate of growth in terms of prices for Estonia amounted to +10.7% per year.
Price for Tallow; Other than Those of Heading 1503 in Finland (CIF) - 2022
The average import price for tallow; other than those of heading 1503s stood at $26,381 per ton in 2022, jumping by 2,815% against the previous year. Overall, the import price saw significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Sweden.
From 2012 to 2022, the rate of growth in terms of prices for Sweden amounted to +43.3% per year.
Exports of Tallow; Other than Those of Heading 1503 in Finland
For the fourth consecutive year, Finland recorded growth in shipments abroad of tallow; other than those of heading 1503s, which increased by 82% to 764 tons in 2022. Overall, exports continue to indicate a significant expansion. 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 skyrocketed to $572K in 2022. In general, exports saw significant growth. 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 Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 156 | 157 | 270 | 572 | 54.2% |
| Others | 72.8 | 22.9 | 12.6 | N/A | -58.4% |
| Total | 228 | 180 | 283 | 572 | 35.9% |
Top Export Markets for Tallow; Other than Those of Heading 1503 from Finland in 2022:
- Estonia (764.3 tons)
Imports of Tallow; Other than Those of Heading 1503 in Finland
Imports of tallow; other than those of heading 1503s into Finland shrank notably to 567 kg in 2022, with a decrease of 99.9% against the previous year's figure. In general, imports showed a dramatic contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 5,396%.
In value terms, imports of tallow; other than those of heading 1503s declined rapidly to $15K in 2022. Over the period under review, imports saw a sharp decline. The most prominent rate of growth was recorded in 2021 with an increase of 6,180% against the previous year.
| Import of Tallow; Other than Those of Heading 1503 in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | N/A | N/A | N/A | N/A | 0% |
| Uruguay | 9.4 | N/A | N/A | N/A | 0% |
| United Kingdom | N/A | N/A | 1.2 | N/A | 0% |
| Others | 3.9 | N/A | N/A | N/A | 0% |
| Total | 13.3 | N/A | 1.2 | N/A | -70.0% |
Top Suppliers of Tallow; Other than Those of Heading 1503 to Finland in 2022:
- Sweden (565.0 kg)
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Global tallow consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.
