Price for Tallow; Other than Those of Heading 1503 in Guatemala - 2022

Contents:

  1. Price for Tallow; Other than Those of Heading 1503 in Guatemala (CIF) - 2022
  2. Imports of Tallow; Other than Those of Heading 1503 in Guatemala

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

The average import price for tallow; other than those of heading 1503s stood at $1,399 per ton in 2022, jumping by 35% against the previous year. In general, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tallow; other than those of heading 1503s increased by +44.6% against 2017 indices. 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 the United States.

From 2012 to 2022, the rate of growth in terms of prices for El Salvador amounted to +3.1% per year.

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

In 2022, the amount of tallow; other than those of heading 1503s imported into Guatemala dropped notably to 3K tons, reducing by -50% compared with the year before. Overall, imports saw a dramatic decline. The smallest decline of -3.2% was in 2021.

In value terms, imports of tallow; other than those of heading 1503s dropped notably to $4.2M in 2022. Over the period under review, imports recorded a deep setback. The growth pace was the most rapid in 2021 with an increase of 5.5%.

Import of Tallow; Other than Those of Heading 1503 in Guatemala (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4.73.43.44.2-3.7%
Honduras0.30.10.1N/A-42.3%
Canada2.42.32.5N/A2.1%
Others0.50.10.2N/A-36.8%
Total7.95.96.24.2-19.0%

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

  1. United States (3.0K tons)

Source: IndexBox Market Intelligence Platform

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