Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Colombia - 2022

Contents:

  1. Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Colombia (CIF) - 2022
  2. Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Colombia (FOB) - 2022
  3. Imports of Poultry Fat; Other than That of Heading 0209 or 1503 in Colombia
  4. Exports of Poultry Fat; Other than That of Heading 0209 or 1503 in Colombia

Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Colombia (CIF) - 2022

The average import price for poultry fat; other than that of heading 0209 or 1503 meat stood at $2,105 per ton in 2022, jumping by 84% against the previous year. In general, the import price showed a relatively flat trend pattern. The import price peaked at $2,129 per ton in 2013; afterwards, it flattened through to 2022.

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 Venezuela amounted to +6.1% per year.

Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Colombia (FOB) - 2022

In 2022, the average export price for poultry fat; other than that of heading 0209 or 1503 meat amounted to $2,579 per ton, reducing by -15.4% against the previous year. In general, the export price showed a pronounced downturn. The export price peaked at $10,370 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Costa Rica.

From 2014 to 2022, the rate of growth in terms of prices for Guatemala amounted to -26.4% per year.

Imports of Poultry Fat; Other than That of Heading 0209 or 1503 in Colombia

In 2022, purchases abroad of poultry fat; other than that of heading 0209 or 1503 meat decreased by -55.9% to 98 tons, falling for the second consecutive year after two years of growth. Overall, imports showed a noticeable curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 145% against the previous year. As a result, imports reached the peak of 263 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of poultry fat; other than that of heading 0209 or 1503 meat contracted sharply to $207K in 2022. Over the period under review, imports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2020 when imports increased by 156% against the previous year. As a result, imports reached the peak of $336K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Poultry Fat; Other than That of Heading 0209 or 1503 in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States82.218912720736.1%
Brazil48.9147128N/A61.8%
OthersN/AN/AN/AN/A0%
Total13133625520716.5%

Top Suppliers of Poultry Fat; Other than That of Heading 0209 or 1503 to Colombia in 2022:

  1. United States (98.4 tons)

Exports of Poultry Fat; Other than That of Heading 0209 or 1503 in Colombia

In 2022, approx. 57 kg of poultry fat; other than that of heading 0209 or 1503 meat were exported from Colombia; waning by -98% compared with 2021 figures. Over the period under review, exports saw a dramatic descent.

In value terms, exports of poultry fat; other than that of heading 0209 or 1503 meat contracted notably to $147 in 2022. In general, exports faced a precipitous descent.

Export of Poultry Fat; Other than That of Heading 0209 or 1503 in Colombia (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
Costa RicaN/A0.10%
Guatemala8.5N/A0%
OthersN/AN/A0%
Total8.50.1-98.8%

Top Export Markets for Poultry Fat; Other than That of Heading 0209 or 1503 from Colombia in 2022:

  1. Costa Rica (57.0 kg)

Source: IndexBox Market Intelligence Platform

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