Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Luxembourg - 2023
Contents:
- Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Luxembourg (CIF) - 2022
- Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Luxembourg (FOB) - 2022
- Imports of Poultry Fat; Other than That of Heading 0209 or 1503 in Luxembourg
- Exports of Poultry Fat; Other than That of Heading 0209 or 1503 in Luxembourg
Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Luxembourg (CIF) - 2022
In 2022, the average import price for poultry fat; other than that of heading 0209 or 1503 meat amounted to $3,080 per ton, approximately mirroring the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.8%. The most prominent rate of growth was recorded in 2013 an increase of 34%. The import price peaked at $3,084 per ton in 2021, and then reduced slightly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($17,219 per ton), while the price for France stood at $2,692 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+25.7%).
Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Luxembourg (FOB) - 2022
In 2022, the average export price for poultry fat; other than that of heading 0209 or 1503 meat amounted to $8,369 per ton, growing by 7.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.1%. The most prominent rate of growth was recorded in 2017 an increase of 32% against the previous year. Over the period under review, the average export prices reached the peak figure at $8,699 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Belgium ($8,595 per ton) and Germany ($8,339 per ton), while the average price for exports to Azerbaijan ($7,800 per ton) and France ($8,124 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 Belgium (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Poultry Fat; Other than That of Heading 0209 or 1503 in Luxembourg
Imports of poultry fat; other than that of heading 0209 or 1503 meat into Luxembourg dropped to 12 tons in 2022, declining by -10.9% against the previous year. In general, imports continue to indicate a abrupt decrease. The smallest decline of -1% was in 2020.
In value terms, imports of poultry fat; other than that of heading 0209 or 1503 meat reduced to $38K in 2022. Over the period under review, imports saw a deep slump. The smallest decline of -4.1% was in 2020.
Import of Poultry Fat; Other than That of Heading 0209 or 1503 in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 41.3 | 37.6 | 35.0 | 32.7 | -7.5% |
Belgium | 7.4 | 9.1 | 7.9 | 5.7 | -8.3% |
Others | N/A | N/A | 0.2 | N/A | 0% |
Total | 48.7 | 46.7 | 43.2 | 38.4 | -7.6% |
Top Suppliers of Poultry Fat; Other than That of Heading 0209 or 1503 to Luxembourg in 2022:
- France (12.1 tons)
- Belgium (0.3 tons)
Exports of Poultry Fat; Other than That of Heading 0209 or 1503 in Luxembourg
In 2022, approx. 2 tons of poultry fat; other than that of heading 0209 or 1503 meat were exported from Luxembourg; growing by 69% compared with 2021. Over the period under review, exports posted resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of poultry fat; other than that of heading 0209 or 1503 meat skyrocketed to $16K in 2022. In general, exports saw a strong increase. As a result, the exports attained 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 Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 6.4 | 4.3 | 5.3 | 8.7 | 10.8% |
France | 3.4 | 2.1 | 3.1 | 7.1 | 27.8% |
Germany | 0.7 | 0.5 | 0.2 | 0.5 | -10.6% |
Azerbaijan | 0.4 | 0.1 | 0.4 | 0.2 | -20.6% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 10.9 | 7.1 | 9.0 | 16.4 | 14.6% |
Top Export Markets for Poultry Fat; Other than That of Heading 0209 or 1503 from Luxembourg in 2022:
- Belgium (1007.0 kg)
- France (877.0 kg)
- Germany (59.0 kg)
- Azerbaijan (20.0 kg)
This report provides an in-depth analysis of the lard market in Luxembourg.
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Global Poultry Fat Market Report 2018. This report provides an in-depth analysis of the global poultry fat market.
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Driven by increasing demand for lard in China, the world market is expected to continue an upward consumption trend over the next seven-year period.
Global lard consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
In 2015, the country with the largest volume of the lard output was China (X thousand tons), accounting for X% of global production.
The U.S. dominates in the global lard trade. In 2014, the U.S. exported X thousand tons of lard totaling X million USD, X% under the previous year. Its primary trading partner was Mexico, where it supplied X% of its total lard exports in value t
Driven by increasing demand for lard in China, the world market is expected to continue an upward consumption trend over the next seven-year period.
Global lard consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
In 2015, the country with the largest volume of the lard output was China (X thousand tons), accounting for X% of global production.
The U.S. dominates in the global lard trade. In 2014, the U.S. exported X thousand tons of lard totaling X million USD, X% under the previous year. Its primary trading partner was Mexico, where it supplied X% of its total lard exports in value t