Price for Tallow; Other than Those of Heading 1503 in Croatia - 2023

Contents:

  1. Price for Tallow; Other than Those of Heading 1503 in Croatia (FOB) - 2022
  2. Price for Tallow; Other than Those of Heading 1503 in Croatia (CIF) - 2022
  3. Exports of Tallow; Other than Those of Heading 1503 in Croatia
  4. Imports of Tallow; Other than Those of Heading 1503 in Croatia

Price for Tallow; Other than Those of Heading 1503 in Croatia (FOB) - 2022

The average export price for tallow; other than those of heading 1503s stood at $1,534 per ton in 2022, with an increase of 64% against the previous year. Over the period under review, the export price saw prominent growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 90%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($2,213 per ton), while the average price for exports to Slovakia ($566 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 Bosnia and Herzegovina (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Tallow; Other than Those of Heading 1503 in Croatia (CIF) - 2022

In 2022, the average import price for tallow; other than those of heading 1503s amounted to $1,891 per ton, surging by 61% against the previous year. In general, the import price recorded a prominent expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Austria ($2,101 per ton), while the price for Slovenia ($695 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Tallow; Other than Those of Heading 1503 in Croatia

After two years of decline, overseas shipments of tallow; other than those of heading 1503s increased by 58% to 1K tons in 2022. In general, exports, however, saw a deep slump.

In value terms, exports of tallow; other than those of heading 1503s skyrocketed to $1.6M in 2022. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Tallow; Other than Those of Heading 1503 in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina76.154.3201804119.4%
Slovenia5413052796164.4%
Serbia10443.555.461.5-16.1%
North Macedonia14.322.616.152.754.5%
DenmarkN/AN/AN/A38.50%
Slovakia7.461.850.627.755.3%
OthersN/A5.215.80.8-60.8%
Total7434926171,60129.2%

Top Export Markets for Tallow; Other than Those of Heading 1503 from Croatia in 2022:

  1. Slovenia (484.3 tons)
  2. Bosnia and Herzegovina (363.3 tons)
  3. North Macedonia (79.8 tons)
  4. Slovakia (48.8 tons)
  5. Serbia (47.1 tons)
  6. Denmark (19.4 tons)

Imports of Tallow; Other than Those of Heading 1503 in Croatia

In 2022, the amount of tallow; other than those of heading 1503s imported into Croatia soared to 371 tons, increasing by 58% compared with the previous year's figure. In general, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 168% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, imports of tallow; other than those of heading 1503s soared to $702K in 2022. Over the period under review, imports continue to indicate a significant increase. The growth pace was the most rapid in 2021 when imports increased by 253%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Tallow; Other than Those of Heading 1503 in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany9.824.572.5261198.6%
Austria31.740.314920586.3%
Poland1.7N/AN/A124317.8%
NetherlandsN/A2.043.880.8535.6%
Slovenia6.88.39.419.742.6%
Italy17.13.31.46.5-27.6%
OthersN/AN/AN/A4.80%
Total67.178.3277702118.7%

Top Suppliers of Tallow; Other than Those of Heading 1503 to Croatia in 2022:

  1. Germany (132.5 tons)
  2. Austria (97.6 tons)
  3. Poland (63.8 tons)
  4. Netherlands (43.2 tons)
  5. Slovenia (28.4 tons)
  6. Italy (3.2 tons)

Source: IndexBox Market Intelligence Platform

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