Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Bulgaria - 2023
Contents:
- Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Bulgaria (FOB) - 2022
- Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Bulgaria (CIF) - 2022
- Exports of Poultry Fat; Other than That of Heading 0209 or 1503 in Bulgaria
- Imports of Poultry Fat; Other than That of Heading 0209 or 1503 in Bulgaria
Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Bulgaria (FOB) - 2022
In 2022, the average export price for poultry fat; other than that of heading 0209 or 1503 meat amounted to $4,721 per ton, rising by 64% against the previous year. Over the period under review, the export price showed prominent growth. The pace of growth appeared the most rapid in 2021 an increase of 145% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.
As there is only one major export destination, the average price level is determined by prices for France.
From 2012 to 2022, the rate of growth in terms of prices for France amounted to +16.8% per year.
Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Bulgaria (CIF) - 2022
In 2022, the average import price for poultry fat; other than that of heading 0209 or 1503 meat amounted to $1,342 per ton, growing by 41% against the previous year. In general, the import price posted a significant increase. The pace of growth was the most pronounced in 2021 an increase of 44% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($4,109 per ton), while the price for the Netherlands ($759 per ton) was amongst the lowest.
From 2018 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+44.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Poultry Fat; Other than That of Heading 0209 or 1503 in Bulgaria
In 2022, shipments abroad of poultry fat; other than that of heading 0209 or 1503 meat decreased by -2.2% to 569 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 81% against the previous year.
In value terms, exports of poultry fat; other than that of heading 0209 or 1503 meat surged to $2.7M in 2022. In general, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 306% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Poultry Fat; Other than That of Heading 0209 or 1503 in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 187 | 392 | 1,538 | 2,675 | 142.8% |
| Spain | 12.1 | 9.6 | 116 | 0.9 | -57.9% |
| Others | N/A | 10.9 | 21.8 | 9.2 | -8.1% |
| Total | 199 | 413 | 1,676 | 2,685 | 138.1% |
Top Export Markets for Poultry Fat; Other than That of Heading 0209 or 1503 from Bulgaria in 2022:
- France (560.6 tons)
- Spain (0.5 tons)
Imports of Poultry Fat; Other than That of Heading 0209 or 1503 in Bulgaria
In 2022, purchases abroad of poultry fat; other than that of heading 0209 or 1503 meat decreased by -19.9% to 749 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +8.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 33%.
In value terms, imports of poultry fat; other than that of heading 0209 or 1503 meat expanded sharply to $1M in 2022. In general, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 70%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Poultry Fat; Other than That of Heading 0209 or 1503 in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | N/A | 83.1 | 586 | 864 | 222.4% |
| France | 10.0 | 28.2 | 4.6 | 69.1 | 90.5% |
| Netherlands | 1.2 | 176 | 13.9 | 50.4 | 247.6% |
| Germany | N/A | N/A | 96.0 | N/A | 0% |
| United Kingdom | 312 | N/A | N/A | N/A | 0% |
| Greece | N/A | N/A | 189 | N/A | 0% |
| Romania | N/A | 236 | 0.1 | N/A | -100.0% |
| Others | N/A | N/A | N/A | 22.1 | 0% |
| Total | 323 | 523 | 890 | 1,006 | 46.0% |
Top Suppliers of Poultry Fat; Other than That of Heading 0209 or 1503 to Bulgaria in 2022:
- Denmark (655.9 tons)
- Netherlands (66.4 tons)
- France (16.8 tons)
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