Price for Tallow; Other than Those of Heading 1503 in Poland - 2023
Contents:
- Price for Tallow; Other than Those of Heading 1503 in Poland (CIF) - 2023
- Price for Tallow; Other than Those of Heading 1503 in Poland (FOB) - 2022
- Imports of Tallow; Other than Those of Heading 1503 in Poland
- Exports of Tallow; Other than Those of Heading 1503 in Poland
Price for Tallow; Other than Those of Heading 1503 in Poland (CIF) - 2023
The average import price for tallow; other than those of heading 1503s stood at $826 per ton in September 2023, dropping by -5% against the previous month. In general, the import price saw a perceptible downturn. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 6.5% against the previous month. The import price peaked at $1,173 per ton in November 2022; however, from December 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 Ukraine.
From September 2022 to September 2023, the rate of growth in terms of prices for Ukraine amounted to +4.1% per month.
Price for Tallow; Other than Those of Heading 1503 in Poland (FOB) - 2022
The average export price for tallow; other than those of heading 1503s stood at $866 per ton in 2022, surging by 11% against the previous year. In general, the export price, however, showed a slight slump. The most prominent rate of growth was recorded in 2017 an increase of 23% against the previous year. The export price peaked at $1,031 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($1,398 per ton), while the average price for exports to the Czech Republic ($106 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 Spain (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tallow; Other than Those of Heading 1503 in Poland
Imports of tallow; other than those of heading 1503s into Poland soared to 12K tons in 2022, jumping by 19% against 2021. The total import volume increased at an average annual rate of +7.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of tallow; other than those of heading 1503s surged to $14M in 2022. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 121% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Tallow; Other than Those of Heading 1503 in Poland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2,560 | 1,318 | 4,221 | 5,368 | 28.0% |
| Lithuania | 486 | 726 | 1,257 | 1,806 | 54.9% |
| Austria | 80.8 | N/A | 223 | 991 | 130.6% |
| Netherlands | 1.2 | 147 | 213 | 769 | 762.1% |
| Ireland | 72.5 | 12.1 | 115 | 699 | 112.8% |
| Estonia | 35.9 | 69.3 | 223 | 582 | 153.1% |
| Italy | N/A | 5.9 | 36.0 | 549 | 864.6% |
| Finland | 32.2 | 174 | 222 | 529 | 154.2% |
| Latvia | 129 | 222 | 413 | 501 | 57.2% |
| Sweden | 138 | 441 | 393 | 430 | 46.1% |
| France | N/A | N/A | 380 | 413 | 8.7% |
| Denmark | N/A | N/A | 146 | 277 | 89.7% |
| Czech Republic | N/A | 47.2 | 66.0 | 264 | 136.5% |
| Others | 202 | 552 | 288 | 367 | 22.0% |
| Total | 3,738 | 3,714 | 8,197 | 13,546 | 53.6% |
Top Suppliers of Tallow; Other than Those of Heading 1503 to Poland in 2022:
- Germany (3801.9 tons)
- Lithuania (2147.5 tons)
- Austria (1208.1 tons)
- Latvia (738.5 tons)
- Netherlands (682.1 tons)
- Finland (662.2 tons)
- Italy (491.1 tons)
- Ireland (482.0 tons)
- Estonia (457.8 tons)
- Czech Republic (272.9 tons)
- Sweden (269.9 tons)
- France (265.7 tons)
- Denmark (183.9 tons)
Exports of Tallow; Other than Those of Heading 1503 in Poland
In 2022, after three years of growth, there was significant decline in shipments abroad of tallow; other than those of heading 1503s, when their volume decreased by -23% to 7.7K tons. The total export volume increased at an average annual rate of +3.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 28% against the previous year. As a result, the exports attained the peak of 10K tons, and then shrank significantly in the following year.
In value terms, exports of tallow; other than those of heading 1503s dropped to $6.7M in 2022. The total export value increased at an average annual rate of +7.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 26% against the previous year. As a result, the exports attained the peak of $7.9M, and then fell in the following year.
| Export of Tallow; Other than Those of Heading 1503 in Poland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 424 | 2,368 | 3,772 | 1,485 | 51.9% |
| Germany | 682 | 542 | 510 | 1,307 | 24.2% |
| Denmark | 399 | 63.3 | 692 | 706 | 21.0% |
| Sweden | 513 | 998 | 878 | 630 | 7.1% |
| Belgium | 2.6 | 55.4 | 79.4 | 459 | 461.0% |
| Israel | 139 | 62.5 | 38.1 | 296 | 28.7% |
| Greece | 83.8 | 121 | 145 | 204 | 34.5% |
| Romania | 16.7 | 0.8 | 69.4 | 182 | 121.7% |
| Spain | N/A | 12.2 | 63.0 | 169 | 272.2% |
| Czech Republic | 13.9 | N/A | 176 | 165 | 128.1% |
| Ukraine | 89.9 | 189 | 412 | 90.6 | 0.3% |
| Hungary | 655 | 217 | 39.3 | 83.9 | -49.6% |
| Lithuania | 630 | 586 | N/A | 8.2 | -76.5% |
| Others | 1,694 | 1,039 | 996 | 914 | -18.6% |
| Total | 5,343 | 6,253 | 7,869 | 6,700 | 7.8% |
Top Export Markets for Tallow; Other than Those of Heading 1503 from Poland in 2022:
- Czech Republic (1556.4 tons)
- Netherlands (1401.5 tons)
- Germany (1180.9 tons)
- Sweden (750.3 tons)
- Denmark (673.2 tons)
- Ukraine (402.2 tons)
- Belgium (341.9 tons)
- Israel (249.7 tons)
- Greece (169.2 tons)
- Romania (139.5 tons)
- Spain (121.0 tons)
- Hungary (70.4 tons)
- Lithuania (6.1 tons)
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