Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Lithuania - 2023
Contents:
- Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Lithuania (CIF) - 2023
- Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Lithuania (FOB) - 2023
- Imports of Poultry Fat; Other than That of Heading 0209 or 1503 in Lithuania
- Exports of Poultry Fat; Other than That of Heading 0209 or 1503 in Lithuania
Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Lithuania (CIF) - 2023
In October 2023, the average import price for poultry fat; other than that of heading 0209 or 1503 meat amounted to $1,037 per ton, flattening at the previous month. In general, the import price, however, showed a mild slump. The most prominent rate of growth was recorded in February 2023 an increase of 21% month-to-month. As a result, import price attained the peak level of $1,711 per ton. From March 2023 to October 2023, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In October 2023, the country with the highest price was Poland ($1,290 per ton), while the price for Ukraine ($864 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 Ukraine (-0.7%), while the prices for the other major suppliers experienced a decline.
Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Lithuania (FOB) - 2023
The average export price for poultry fat; other than that of heading 0209 or 1503 meat stood at $954 per ton in October 2023, with an increase of 3.4% against the previous month. In general, the export price, however, saw a slight slump. The pace of growth appeared the most rapid in February 2023 when the average export price increased by 15% month-to-month. The export price peaked at $1,249 per ton in December 2022; however, from January 2023 to October 2023, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In October 2023, the country with the highest price was Poland ($961 per ton), while the average price for exports to Sweden totaled $925 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (0.0%), while the prices for the other major destinations experienced a decline.
Imports of Poultry Fat; Other than That of Heading 0209 or 1503 in Lithuania
In 2022, after two years of decline, there was significant growth in purchases abroad of poultry fat; other than that of heading 0209 or 1503 meat, when their volume increased by 19% to 5.2K tons. In general, imports, however, recorded a deep setback.
In value terms, imports of poultry fat; other than that of heading 0209 or 1503 meat soared to $6.8M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +13.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.0% against 2020 indices. 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 Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 3.4 | 2.7 | 2.7 | 3.8 | 3.8% |
| Poland | 1.0 | 0.3 | 1.3 | 2.4 | 33.9% |
| Germany | 0.2 | 0.8 | 0.5 | 0.6 | 44.2% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 4.6 | 3.9 | 4.6 | 6.8 | 13.9% |
Top Suppliers of Poultry Fat; Other than That of Heading 0209 or 1503 to Lithuania in 2022:
- Ukraine (3.4K tons)
- Poland (1.4K tons)
- Germany (0.4K tons)
Exports of Poultry Fat; Other than That of Heading 0209 or 1503 in Lithuania
In 2022, shipments abroad of poultry fat; other than that of heading 0209 or 1503 meat was finally on the rise to reach 3.7K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, faced a deep contraction.
In value terms, exports of poultry fat; other than that of heading 0209 or 1503 meat soared to $5.3M in 2022. Overall, exports continue to indicate a resilient expansion. 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 Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 3.8 | 2.6 | 3.2 | 4.6 | 6.6% |
| Sweden | N/A | N/A | 0.1 | 0.6 | 500.0% |
| Others | 0.1 | N/A | N/A | 0.1 | 0.0% |
| Total | 3.9 | 2.6 | 3.3 | 5.3 | 10.8% |
Top Export Markets for Poultry Fat; Other than That of Heading 0209 or 1503 from Lithuania in 2022:
- Poland (3.2K tons)
- Sweden (0.5K tons)
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