Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Austria - 2023
Contents:
- Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Austria (CIF) - 2023
- Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Austria (FOB) - 2022
- Imports of Poultry Fat; Other than That of Heading 0209 or 1503 in Austria
- Exports of Poultry Fat; Other than That of Heading 0209 or 1503 in Austria
Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Austria (CIF) - 2023
In August 2023, the average import price for poultry fat; other than that of heading 0209 or 1503 meat amounted to $1,177 per ton, reducing by -9.3% against the previous month. In general, the import price continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 6.7% month-to-month. As a result, import price reached the peak level of $1,874 per ton. From January 2023 to August 2023, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From August 2022 to August 2023, the rate of growth in terms of prices for Germany amounted to -3.8% per month.
Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Austria (FOB) - 2022
In 2022, the average export price for poultry fat; other than that of heading 0209 or 1503 meat amounted to $2,385 per ton, which is down by -15.8% against the previous year. Overall, the export price showed a pronounced curtailment. The pace of growth was the most pronounced in 2016 when the average export price increased by 22% against the previous year. The export price peaked at $3,804 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Germany ($3,163 per ton) and the Czech Republic ($3,000 per ton), while the average price for exports to Hungary ($2,383 per ton) and Slovakia ($2,682 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+4.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Poultry Fat; Other than That of Heading 0209 or 1503 in Austria
In 2022, imports of poultry fat; other than that of heading 0209 or 1503 meat into Austria rose markedly to 1.3K tons, increasing by 9.8% against the previous year. The total import volume increased at an average annual rate of +11.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 17%. Over the period under review, imports of attained the peak figure 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 skyrocketed to $2.2M in 2022. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 72%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Poultry Fat; Other than That of Heading 0209 or 1503 in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.7 | 0.8 | 1.4 | 2.2 | 46.5% |
| Others | 0.1 | N/A | 0.1 | N/A | 0.0% |
| Total | 0.8 | 0.8 | 1.5 | 2.2 | 40.1% |
Top Suppliers of Poultry Fat; Other than That of Heading 0209 or 1503 to Austria in 2022:
- Germany (1305.1 tons)
Exports of Poultry Fat; Other than That of Heading 0209 or 1503 in Austria
After two years of decline, shipments abroad of poultry fat; other than that of heading 0209 or 1503 meat increased by 17,050% to 22 tons in 2022. Overall, exports, however, faced a abrupt shrinkage.
In value terms, exports of poultry fat; other than that of heading 0209 or 1503 meat surged to $54K in 2022. In general, exports, however, showed a abrupt decline.
| Export of Poultry Fat; Other than That of Heading 0209 or 1503 in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 0.1 | 0.1 | 0.1 | 53.3 | 710.8% |
| Germany | 83.0 | 30.1 | 0.1 | 0.1 | -89.4% |
| Others | 0.3 | 0.2 | 0.2 | 0.1 | -30.7% |
| Total | 83.4 | 30.4 | 0.4 | 53.6 | -13.7% |
Top Export Markets for Poultry Fat; Other than That of Heading 0209 or 1503 from Austria in 2022:
- Hungary (22.4 tons)
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