Price for Tallow; Other than Those of Heading 1503 in Israel - 2023
Contents:
- Price for Tallow; Other than Those of Heading 1503 in Israel (FOB) - 2022
- Price for Tallow; Other than Those of Heading 1503 in Israel (CIF) - 2022
- Exports of Tallow; Other than Those of Heading 1503 in Israel
- Imports of Tallow; Other than Those of Heading 1503 in Israel
Price for Tallow; Other than Those of Heading 1503 in Israel (FOB) - 2022
In 2022, the average export price for tallow; other than those of heading 1503s amounted to $1,303 per ton, rising by 8.1% against the previous year. In general, export price indicated a significant increase from 2019 to 2022: its price increased at an average annual rate of +21.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for tallow; other than those of heading 1503s increased by +81.1% against 2019 indices. The growth pace was the most rapid in 2021 an increase of 49% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.
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 the Netherlands ($1,422 per ton), while the average price for exports to Vietnam ($391 per ton) was amongst the lowest.
From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+12.5%).
Price for Tallow; Other than Those of Heading 1503 in Israel (CIF) - 2022
In 2022, the average import price for tallow; other than those of heading 1503s amounted to $1,646 per ton, rising by 50% against the previous year. Overall, the import price enjoyed a pronounced expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($1,646 per ton), while the price for Paraguay amounted to $1,646 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Paraguay (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Tallow; Other than Those of Heading 1503 in Israel
Exports of tallow; other than those of heading 1503s from Israel skyrocketed to 4.9K tons in 2022, jumping by 1,125% against the previous year's figure. In general, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of tallow; other than those of heading 1503s skyrocketed to $6.4M in 2022. Over the period under review, exports posted a significant expansion. 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 Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | N/A | 5,553 | 0% |
| Spain | N/A | 12.2 | 47.9 | 321 | 412.9% |
| Italy | 92.2 | 24.0 | 410 | 198 | 29.0% |
| Vietnam | N/A | N/A | N/A | 142 | 0% |
| Others | 13.8 | 26.9 | 22.6 | 140 | 116.5% |
| Total | 106 | 63.0 | 480 | 6,354 | 291.4% |
Top Export Markets for Tallow; Other than Those of Heading 1503 from Israel in 2022:
- Netherlands (3903.8 tons)
- Vietnam (363.0 tons)
- Spain (308.0 tons)
- Italy (220.0 tons)
Imports of Tallow; Other than Those of Heading 1503 in Israel
In 2022, the amount of tallow; other than those of heading 1503s imported into Israel skyrocketed to 247 tons, rising by 49% compared with the year before. Overall, imports, however, recorded a noticeable curtailment. The growth pace was the most rapid in 2020 when imports increased by 50%. As a result, imports reached the peak of 410 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of tallow; other than those of heading 1503s skyrocketed to $406K in 2022. In general, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Tallow; Other than Those of Heading 1503 in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 42.0 | 247 | 167 | 346 | 102.0% |
| Paraguay | 130 | 69.0 | 14.0 | 60.0 | -22.7% |
| Others | N/A | 7.0 | N/A | N/A | 0% |
| Total | 172 | 323 | 181 | 406 | 33.1% |
Top Suppliers of Tallow; Other than Those of Heading 1503 to Israel in 2022:
- Brazil (210.2 tons)
- Paraguay (36.5 tons)
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Global tallow consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.
