Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Slovenia - 2023

Contents:

  1. Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Slovenia (FOB) - 2023
  2. Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Slovenia (CIF) - 2022
  3. Exports of Poultry Fat; Other than That of Heading 0209 or 1503 in Slovenia
  4. Imports of Poultry Fat; Other than That of Heading 0209 or 1503 in Slovenia

Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Slovenia (FOB) - 2023

In October 2023, the average export price for poultry fat; other than that of heading 0209 or 1503 meat amounted to $1,110 per ton, growing by 3.2% against the previous month. Overall, the export price, however, showed a slight descent. The pace of growth was the most pronounced in December 2022 when the average export price increased by 9.8% m-o-m. As a result, the export price attained the peak level of $1,442 per ton. From January 2023 to October 2023, the the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Serbia.

From November 2022 to October 2023, the rate of growth in terms of prices for Croatia amounted to 0.0% per month.

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

In 2022, the average import price for poultry fat; other than that of heading 0209 or 1503 meat amounted to $3,091 per ton, surging by 48% against the previous year. Overall, the import price, however, showed a deep contraction. The import price peaked at $8,500 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($8,696 per ton), while the price for France ($2,854 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+27.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Poultry Fat; Other than That of Heading 0209 or 1503 in Slovenia

In 2022, shipments abroad of poultry fat; other than that of heading 0209 or 1503 meat decreased by -44.7% to 1.1K tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports saw a precipitous decline. The pace of growth appeared the most rapid in 2021 when exports increased by 5.4%. As a result, the exports attained the peak of 2.1K tons, and then declined sharply in the following year.

In value terms, exports of poultry fat; other than that of heading 0209 or 1503 meat reduced notably to $1.7M in 2022. Overall, total exports indicated tangible growth from 2020 to 2022: its value increased at an average annual rate of +2.3% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +4.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 44%. As a result, the exports attained the peak of $2.3M, and then dropped notably in the following year.

Export of Poultry Fat; Other than That of Heading 0209 or 1503 in Slovenia (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Croatia1422,1331,510226.1%
Slovakia347160119-41.4%
Netherlands8.31.735.9108.0%
Poland1,092N/AN/A0%
OthersN/AN/AN/A0%
Total1,5892,2951,6642.3%

Top Export Markets for Poultry Fat; Other than That of Heading 0209 or 1503 from Slovenia in 2022:

  1. Croatia (1050.8 tons)
  2. Slovakia (61.1 tons)
  3. Netherlands (29.7 tons)

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

In 2022, after three years of growth, there was significant decline in overseas purchases of poultry fat; other than that of heading 0209 or 1503 meat, when their volume decreased by -47.7% to 9.6 tons. Overall, imports, however, enjoyed slight growth. The most prominent rate of growth was recorded in 2020 with an increase of 77%.

In value terms, imports of poultry fat; other than that of heading 0209 or 1503 meat plummeted to $30K in 2022. In general, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 80% against the previous year.

Import of Poultry Fat; Other than That of Heading 0209 or 1503 in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands7.621.01.617.832.8%
France7.76.912.59.36.5%
Italy0.60.62.32.560.9%
PolandN/AN/A21.7N/A0%
OthersN/A0.10.20.10.0%
Total15.928.738.229.623.0%

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

  1. Netherlands (6.0 tons)
  2. France (3.3 tons)
  3. Italy (0.3 tons)

Source: IndexBox Market Intelligence Platform

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