Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Ireland - 2023
Contents:
- Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Ireland (CIF) - 2023
- Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Ireland (FOB) - 2022
- Imports of Poultry Fat; Other than That of Heading 0209 or 1503 in Ireland
- Exports of Poultry Fat; Other than That of Heading 0209 or 1503 in Ireland
Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Ireland (CIF) - 2023
The average import price for poultry fat; other than that of heading 0209 or 1503 meat stood at $2,064 per ton in October 2023, increasing by 32% against the previous month. In general, the import price recorded a tangible expansion. The most prominent rate of growth was recorded in January 2023 an increase of 110% month-to-month. As a result, import price reached the peak level of $3,379 per ton. From February 2023 to October 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Poland ($4,672 per ton), while the price for the UK ($1,506 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by France (+1.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Ireland (FOB) - 2022
The average export price for poultry fat; other than that of heading 0209 or 1503 meat stood at $961 per ton in 2022, waning by -34.4% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 121% against the previous year. Over the period under review, the average export prices reached the maximum at $1,466 per ton in 2021, and then contracted sharply in the following year.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($962 per ton), while the average price for exports to Malta amounted to $951 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+49.3%), 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 Ireland
In 2022, the amount of poultry fat; other than that of heading 0209 or 1503 meat imported into Ireland skyrocketed to 437 tons, growing by 527% on 2021 figures. Over the period under review, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of poultry fat; other than that of heading 0209 or 1503 meat soared to $741K in 2022. In general, imports continue to indicate a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Poultry Fat; Other than That of Heading 0209 or 1503 in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 320 | 60.6 | 87.0 | 648 | 26.5% |
| France | 9.0 | 138 | 64.8 | 91.0 | 116.2% |
| Belgium | 86.7 | 124 | 2.8 | 0.5 | -82.1% |
| Germany | 37.7 | 183 | 58.7 | N/A | 24.8% |
| Others | 0.3 | N/A | 2.0 | 0.8 | 38.7% |
| Total | 453 | 505 | 215 | 741 | 17.8% |
Top Suppliers of Poultry Fat; Other than That of Heading 0209 or 1503 to Ireland in 2022:
- United Kingdom (399.0 tons)
- France (37.4 tons)
- Belgium (0.1 tons)
Exports of Poultry Fat; Other than That of Heading 0209 or 1503 in Ireland
Exports of poultry fat; other than that of heading 0209 or 1503 meat from Ireland surged to 50 tons in 2022, increasing by 28% on the year before. In general, exports saw a tangible expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 171%. As a result, the exports reached the peak of 119 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of poultry fat; other than that of heading 0209 or 1503 meat fell sharply to $48K in 2022. Over the period under review, exports showed a buoyant expansion. The growth pace was the most rapid in 2020 with an increase of 235%. As a result, the exports reached the peak of $104K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Poultry Fat; Other than That of Heading 0209 or 1503 in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 15.9 | 38.5 | 56.1 | 46.1 | 42.6% |
| Malta | N/A | N/A | 0.6 | 1.4 | 133.3% |
| China | 15.1 | 22.6 | N/A | N/A | 49.7% |
| Australia | N/A | 43.1 | N/A | N/A | 0% |
| Others | 0.1 | N/A | N/A | 0.1 | 0.0% |
| Total | 31.1 | 104 | 56.7 | 47.6 | 15.2% |
Top Export Markets for Poultry Fat; Other than That of Heading 0209 or 1503 from Ireland in 2022:
- United Kingdom (48.0 tons)
- Malta (1.5 tons)
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