Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Myanmar - 2022

Contents:

  1. Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Myanmar (CIF) - 2022
  2. Imports of Poultry Fat; Other than That of Heading 0209 or 1503 in Myanmar

Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Myanmar (CIF) - 2022

In 2022, the average import price for poultry fat; other than that of heading 0209 or 1503 meat amounted to $1,069 per ton, reducing by -4.1% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 36%. Over the period under review, average import prices attained the peak figure at $1,218 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Thailand.

From 2012 to 2022, the rate of growth in terms of prices for Indonesia amounted to +1.8% per year.

Imports of Poultry Fat; Other than That of Heading 0209 or 1503 in Myanmar

Imports of poultry fat; other than that of heading 0209 or 1503 meat into Myanmar shrank sharply to 11 tons in 2022, waning by -40.8% against the previous year's figure. In general, imports recorded a precipitous slump. The growth pace was the most rapid in 2021 with an increase of 445% against the previous year.

In value terms, imports of poultry fat; other than that of heading 0209 or 1503 meat dropped remarkably to $11K in 2022. Over the period under review, imports faced a deep setback. The pace of growth was the most pronounced in 2021 when imports increased by 642%. As a result, imports reached the peak of $20K, and then fell remarkably in the following year.

Import of Poultry Fat; Other than That of Heading 0209 or 1503 in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand0.4N/A0.211.4205.5%
GermanyN/A1.39.5N/A630.8%
China17.50.2N/AN/A-98.9%
OthersN/A1.310.5N/A707.7%
Total18.02.720.111.4-14.1%

Top Suppliers of Poultry Fat; Other than That of Heading 0209 or 1503 to Myanmar in 2022:

  1. Thailand (10.7 tons)

Source: IndexBox Market Intelligence Platform

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