Price for Tallow; Other than Those of Heading 1503 in Peru - 2022
Contents:
- Price for Tallow; Other than Those of Heading 1503 in Peru (CIF) - 2022
- Imports of Tallow; Other than Those of Heading 1503 in Peru
Price for Tallow; Other than Those of Heading 1503 in Peru (CIF) - 2022
In 2022, the average import price for tallow; other than those of heading 1503s amounted to $2,115 per ton, rising by 38% against the previous year. Over the period under review, the import price posted buoyant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Uruguay ($2,307 per ton), while the price for Bolivia ($963 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bolivia (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Tallow; Other than Those of Heading 1503 in Peru
In 2022, the amount of tallow; other than those of heading 1503s imported into Peru soared to 525 tons, rising by 44% on 2021. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +6.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of tallow; other than those of heading 1503s skyrocketed to $1.1M in 2022. Over the period under review, imports posted a significant expansion. 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 Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uruguay | 261 | 202 | 407 | 1,004 | 56.7% |
| Bolivia | 24.9 | 27.3 | 40.4 | 53.0 | 28.6% |
| Argentina | 8.7 | 9.4 | 30.5 | 52.7 | 82.3% |
| United States | 241 | 153 | 77.2 | N/A | -43.4% |
| Others | 2.0 | 0.3 | 0.4 | N/A | -55.3% |
| Total | 538 | 392 | 556 | 1,110 | 27.3% |
Top Suppliers of Tallow; Other than Those of Heading 1503 to Peru in 2022:
- Uruguay (435.5 tons)
- Bolivia (55.0 tons)
- Argentina (34.3 tons)
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