Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Ukraine - 2023
Contents:
- Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Ukraine (FOB) - 2023
- Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Ukraine (CIF) - 2022
- Exports of Poultry Fat; Other than That of Heading 0209 or 1503 in Ukraine
- Imports of Poultry Fat; Other than That of Heading 0209 or 1503 in Ukraine
Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Ukraine (FOB) - 2023
In October 2023, the average export price for poultry fat; other than that of heading 0209 or 1503 meat amounted to $714 per ton, picking up by 7.8% against the previous month. Over the period under review, the export price, however, saw a perceptible curtailment. The export price peaked at $948 per ton in January 2023; however, from February 2023 to October 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In October 2023, the country with the highest price was the Czech Republic ($762 per ton), while the average price for exports to Poland ($709 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (-0.1%), while the prices for the other major destinations experienced a decline.
Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Ukraine (CIF) - 2022
The average import price for poultry fat; other than that of heading 0209 or 1503 meat stood at $2,070 per ton in 2022, growing by 78% against the previous year. In general, the import price posted modest growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Poland.
From 2012 to 2022, the rate of growth in terms of prices for Denmark amounted to +16.6% per year.
Exports of Poultry Fat; Other than That of Heading 0209 or 1503 in Ukraine
In 2022, exports of poultry fat; other than that of heading 0209 or 1503 meat from Ukraine soared to 23K tons, growing by 73% compared with the previous year. In general, exports showed a significant expansion. 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 surged to $24M in 2022. Overall, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 121% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in years to come.
| Export of Poultry Fat; Other than That of Heading 0209 or 1503 in Ukraine (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 2.0 | 2.6 | 5.8 | 21.0 | 119.0% |
| Netherlands | 0.1 | 0.1 | 0.3 | 1.0 | 115.4% |
| Turkey | N/A | N/A | N/A | 0.6 | 0% |
| Czech Republic | 0.1 | 0.1 | 0.2 | 0.6 | 81.7% |
| Belgium | N/A | N/A | N/A | 0.3 | 0% |
| Others | 2.5 | 3.1 | 6.6 | 0.6 | -37.9% |
| Total | 4.7 | 5.9 | 12.9 | 24.1 | 72.4% |
Top Export Markets for Poultry Fat; Other than That of Heading 0209 or 1503 from Ukraine in 2022:
- Poland (20.0K tons)
- Netherlands (1.1K tons)
- Turkey (0.6K tons)
- Czech Republic (0.6K tons)
- Belgium (0.4K tons)
Imports of Poultry Fat; Other than That of Heading 0209 or 1503 in Ukraine
In 2022, purchases abroad of poultry fat; other than that of heading 0209 or 1503 meat decreased by -95.5% to 41 tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a precipitous decline. The pace of growth was the most pronounced in 2020 when imports increased by 46% against the previous year. As a result, imports attained the peak of 1.1K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of poultry fat; other than that of heading 0209 or 1503 meat dropped dramatically to $86K in 2022. In general, imports showed a dramatic downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 46%.
| Import of Poultry Fat; Other than That of Heading 0209 or 1503 in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 22.5 | 27.0 | 28.3 | 85.7 | 56.2% |
| France | 48.1 | 4.7 | 24.1 | N/A | -29.2% |
| Lithuania | N/A | 13.5 | 21.4 | N/A | 58.5% |
| Denmark | N/A | 196 | 448 | N/A | 128.6% |
| Turkey | 17.7 | N/A | N/A | N/A | 0% |
| Others | 566 | 713 | 555 | N/A | -1.0% |
| Total | 655 | 954 | 1,077 | 85.7 | -49.2% |
Top Suppliers of Poultry Fat; Other than That of Heading 0209 or 1503 to Ukraine in 2022:
- Poland (41.4 tons)
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