Price for Tallow; Other than Those of Heading 1503 in Germany - 2023
Contents:
- Price for Tallow; Other than Those of Heading 1503 in Germany (FOB) - 2023
- Price for Tallow; Other than Those of Heading 1503 in Germany (CIF) - 2023
- Exports of Tallow; Other than Those of Heading 1503 in Germany
- Imports of Tallow; Other than Those of Heading 1503 in Germany
Price for Tallow; Other than Those of Heading 1503 in Germany (FOB) - 2023
In September 2023, the average export price for tallow; other than those of heading 1503s amounted to $1,122 per ton, picking up by 1.7% against the previous month. In general, the export price, however, continues to indicate a perceptible decline. Over the period under review, the average export prices attained the maximum at $1,549 per ton in October 2022; however, from November 2022 to September 2023, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Switzerland.
From October 2022 to September 2023, the rate of growth in terms of prices for Switzerland amounted to +7.1% per month.
Price for Tallow; Other than Those of Heading 1503 in Germany (CIF) - 2023
The average import price for tallow; other than those of heading 1503s stood at $1,282 per ton in September 2023, reducing by -7.8% against the previous month. Over the period under review, the import price saw a noticeable reduction. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 9.4% against the previous month. Over the period under review, average import prices reached the peak figure at $1,651 per ton in October 2022; however, from November 2022 to September 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Switzerland.
From October 2022 to September 2023, the rate of growth in terms of prices for Switzerland amounted to +31.5% per month.
Exports of Tallow; Other than Those of Heading 1503 in Germany
In 2022, overseas shipments of tallow; other than those of heading 1503s decreased by -16.6% to 66K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports recorded a mild descent. The pace of growth appeared the most rapid in 2020 when exports increased by 8.1% against the previous year.
In value terms, exports of tallow; other than those of heading 1503s soared to $104M in 2022. Overall, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 45%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.
| Export of Tallow; Other than Those of Heading 1503 in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 32.8 | 41.6 | 48.5 | 57.7 | 20.7% |
| Belgium | 6.1 | 10.1 | 22.0 | 26.3 | 62.8% |
| Poland | 0.4 | 0.7 | 4.6 | 5.1 | 133.6% |
| Denmark | 1.6 | 1.6 | 2.7 | 2.8 | 20.5% |
| Switzerland | 1.9 | 1.9 | 3.1 | 2.1 | 3.4% |
| Italy | 1.1 | 1.6 | 1.9 | 1.9 | 20.0% |
| United Kingdom | 1.6 | 1.4 | 1.2 | 1.8 | 4.0% |
| Austria | 0.6 | 0.8 | 1.4 | 1.7 | 41.5% |
| Others | 2.0 | 1.4 | 3.0 | 4.5 | 31.0% |
| Total | 48.0 | 60.9 | 88.3 | 104 | 29.4% |
Top Export Markets for Tallow; Other than Those of Heading 1503 from Germany in 2022:
- Netherlands (37.9K tons)
- Belgium (16.2K tons)
- Poland (3.0K tons)
- Denmark (2.1K tons)
- Switzerland (1.2K tons)
- Italy (1.1K tons)
- Austria (1.0K tons)
- United Kingdom (0.9K tons)
Imports of Tallow; Other than Those of Heading 1503 in Germany
In 2022, imports of tallow; other than those of heading 1503s into Germany reduced to 15K tons, falling by -7.5% compared with the year before. In general, imports faced a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 4.5%.
In value terms, imports of tallow; other than those of heading 1503s skyrocketed to $23M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +15.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 49%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.
| Import of Tallow; Other than Those of Heading 1503 in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 9.5 | 7.4 | 10.5 | 13.1 | 11.3% |
| Sweden | 2.7 | 2.6 | 4.1 | 3.0 | 3.6% |
| Belgium | 0.3 | 0.3 | 0.9 | 2.6 | 105.4% |
| Poland | 0.8 | 0.4 | 1.0 | 1.7 | 28.6% |
| Austria | 0.1 | 0.1 | 0.2 | 0.9 | 108.0% |
| France | 0.2 | 0.2 | 0.7 | 0.6 | 44.2% |
| Denmark | N/A | N/A | N/A | 0.5 | 0% |
| United Kingdom | 1.0 | 1.5 | N/A | N/A | 50.0% |
| Others | 0.4 | 0.4 | 1.8 | 1.1 | 40.1% |
| Total | 15.0 | 13.0 | 19.3 | 23.4 | 16.0% |
Top Suppliers of Tallow; Other than Those of Heading 1503 to Germany in 2022:
- Netherlands (7.3K tons)
- Belgium (2.1K tons)
- Sweden (1.8K tons)
- Poland (1.1K tons)
- Denmark (0.6K tons)
- Austria (0.5K tons)
- France (0.4K tons)
259
This report provides an in-depth analysis of the market for sheep, goat, cow fat in Germany.
737
This report provides an in-depth analysis of the tallow market in Germany.
556
Global Sheep, Goat, Cow Fat Market Report 2018. This report provides an in-depth analysis of the global market for sheep, goat, cow fat.
5925
This report provides an in-depth analysis of the global tallow market.
259
This report provides an in-depth analysis of the market for sheep, goat, cow fat in Germany.
737
This report provides an in-depth analysis of the tallow market in Germany.
556
Global Sheep, Goat, Cow Fat Market Report 2018. This report provides an in-depth analysis of the global market for sheep, goat, cow fat.
5925
This report provides an in-depth analysis of the global tallow market.
6701
In 2016, the global tallow market stood at X tons in 2016. Overall, the market was stable from 2007 to 2016, with only soft variations over the period.
1233
Global tallow consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.
2846
Global tallow exports amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
1838
Global tallow imports amounted to X thousand tons in 2015, coming down by -X% against the previous year level.
2576
In 2015, the country with the largest volume of the tallow output was the United States (X thousand tons), accounting for X% of global production.
1253
The tallow market volume followed an overall negative trend. A drop in 2008 was followed by stagnation at about X thousand tons, until the market fell again in 2012.
2084
The pursuit of healthy nutrition is an acute trend in the American lifestyle. However, the concern about health hasn't reached the entire population yet, as fast food is still highly sought, demonstrated by the strong deman
1317
The U.S. dominates in the global tallow trade. In 2014, the U.S. exported X thousand tons of tallow totaling X million USD, X% under the previous year. Its primary trading partner was Mexico, where it supplied X% of its total tallow exports in
6701
In 2016, the global tallow market stood at X tons in 2016. Overall, the market was stable from 2007 to 2016, with only soft variations over the period.
1233
Global tallow consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.
