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

Contents:

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

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

In 2022, the average export price for poultry fat; other than that of heading 0209 or 1503 meat amounted to $2,232 per ton, dropping by -14% against the previous year. Over the last three-year period, it increased at an average annual rate of +8.8%. The most prominent rate of growth was recorded in 2020 when the average export price increased by 24% against the previous year. Over the period under review, the average export prices attained the maximum at $2,596 per ton in 2021, and then dropped in the following year.

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

From 2019 to 2022, the rate of growth in terms of prices for Belarus amounted to +56.8% per year.

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

The average import price for poultry fat; other than that of heading 0209 or 1503 meat stood at $664 per ton in 2022, approximately reflecting the previous year. Overall, the import price saw a deep reduction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 6.2% against the previous year. The import price peaked at $3,124 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Belarus.

From 2012 to 2022, the rate of growth in terms of prices for Denmark amounted to +24.9% per year.

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

Exports of poultry fat; other than that of heading 0209 or 1503 meat from Russia soared to 5.8 tons in 2022, picking up by 528% compared with the previous year's figure. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 3,522%. As a result, the exports reached the peak of 11 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of poultry fat; other than that of heading 0209 or 1503 meat surged to $13K in 2022. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 4,388%. As a result, the exports reached the peak of $24K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Poultry Fat; Other than That of Heading 0209 or 1503 in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan0.50.70.913.1197.0%
LithuaniaN/A5.6N/AN/A0%
PolandN/A2.8N/AN/A0%
BelarusN/A6.21.5N/A-75.8%
OthersN/A8.5N/AN/A0%
Total0.523.72.413.1197.0%

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

  1. Kazakhstan (5.8 tons)

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

For the third consecutive year, Russia recorded decline in overseas purchases of poultry fat; other than that of heading 0209 or 1503 meat, which decreased by 0% to 16 tons in 2022. In general, imports saw a sharp contraction. The smallest decline of -34.6% was in 2020.

In value terms, imports of poultry fat; other than that of heading 0209 or 1503 meat amounted to $11K in 2022. Overall, imports showed a precipitous setback. The smallest decline of -41.9% was in 2020.

Import of Poultry Fat; Other than That of Heading 0209 or 1503 in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belarus15.921.1N/A10.5-12.9%
Kazakhstan20.4N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total36.321.1N/A10.5-33.9%

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

  1. Belarus (15.9 tons)

Source: IndexBox Market Intelligence Platform

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