Price for Tallow; Other than Those of Heading 1503 in Argentina - 2023
Contents:
- Price for Tallow; Other than Those of Heading 1503 in Argentina (FOB) - 2022
- Price for Tallow; Other than Those of Heading 1503 in Argentina (CIF) - 2022
- Exports of Tallow; Other than Those of Heading 1503 in Argentina
- Imports of Tallow; Other than Those of Heading 1503 in Argentina
Price for Tallow; Other than Those of Heading 1503 in Argentina (FOB) - 2022
In 2022, the average export price for tallow; other than those of heading 1503s amounted to $611 per ton, remaining stable against the previous year. Overall, the export price continues to indicate a perceptible slump. The pace of growth appeared the most rapid in 2020 an increase of 22%. The export price peaked at $965 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($1,025 per ton), while the average price for exports to Uruguay ($455 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tallow; Other than Those of Heading 1503 in Argentina (CIF) - 2022
The average import price for tallow; other than those of heading 1503s stood at $1,894 per ton in August 2022, increasing by 16% against the previous month. In general, the import price enjoyed moderate growth. As a result, import price reached 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 Uruguay.
From August 2021 to August 2022, the rate of growth in terms of prices for Uruguay amounted to +4.2% per month.
Exports of Tallow; Other than Those of Heading 1503 in Argentina
For the fourth year in a row, Argentina recorded growth in shipments abroad of tallow; other than those of heading 1503s, which increased by 30% to 87K tons in 2022. Overall, exports enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 69% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of tallow; other than those of heading 1503s surged to $53M in 2022. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 106% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.
| Export of Tallow; Other than Those of Heading 1503 in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uruguay | 2.9 | 3.0 | 8.5 | 17.8 | 83.1% |
| United States | N/A | N/A | N/A | 14.2 | 0% |
| Netherlands | N/A | 6.7 | 22.8 | 7.8 | 7.9% |
| Brazil | 5.6 | 10.5 | 2.9 | 4.2 | -9.1% |
| Singapore | N/A | N/A | N/A | 3.4 | 0% |
| Chile | 1.5 | 2.6 | 3.3 | 2.2 | 13.6% |
| China | 0.3 | 0.5 | 2.2 | 2.1 | 91.3% |
| South Africa | 1.1 | 0.8 | 0.7 | 0.4 | -28.6% |
| Others | 0.8 | 1.1 | 0.8 | 1.1 | 11.2% |
| Total | 12.2 | 25.2 | 41.3 | 53.2 | 63.4% |
Top Export Markets for Tallow; Other than Those of Heading 1503 from Argentina in 2022:
- Uruguay (39.1K tons)
- United States (22.6K tons)
- Netherlands (10.2K tons)
- Singapore (4.5K tons)
- Brazil (4.1K tons)
- Chile (2.6K tons)
- China (2.3K tons)
- South Africa (0.7K tons)
Imports of Tallow; Other than Those of Heading 1503 in Argentina
In 2022, approx. 3.8K tons of tallow; other than those of heading 1503s were imported into Argentina; picking up by 338% against 2021 figures. In general, imports, however, recorded a perceptible downturn.
In value terms, imports of tallow; other than those of heading 1503s soared to $6.7M in 2022. Overall, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Tallow; Other than Those of Heading 1503 in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uruguay | 3.0 | 0.4 | 1.0 | 6.7 | 30.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.0 | 0.5 | 1.0 | 6.7 | 30.7% |
Top Suppliers of Tallow; Other than Those of Heading 1503 to Argentina in 2022:
- Uruguay (3.8K tons)
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