Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Saudi Arabia - 2022
Contents:
- Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Saudi Arabia (FOB) - 2022
- Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Saudi Arabia (CIF) - 2022
- Exports of Poultry Fat; Other than That of Heading 0209 or 1503 in Saudi Arabia
- Imports of Poultry Fat; Other than That of Heading 0209 or 1503 in Saudi Arabia
Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Saudi Arabia (FOB) - 2022
The average export price for poultry fat; other than that of heading 0209 or 1503 meat stood at $353 per ton in 2022, declining by -12.3% against the previous year. Over the period under review, the export price recorded a mild decline. The most prominent rate of growth was recorded in 2021 an increase of 16%. The export price peaked at $449 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($410 per ton), while the average price for exports to Pakistan ($186 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+1.7%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Saudi Arabia (CIF) - 2022
In 2022, the average import price for poultry fat; other than that of heading 0209 or 1503 meat amounted to $18,000 per ton, therefore, remained relatively stable against the previous year. Over the period under review, the import price saw a prominent expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for France.
From 2012 to 2022, the rate of growth in terms of prices for France amounted to -1.3% per year.
Exports of Poultry Fat; Other than That of Heading 0209 or 1503 in Saudi Arabia
In 2022, approx. 1.1K tons of poultry fat; other than that of heading 0209 or 1503 meat were exported from Saudi Arabia; picking up by 367% on 2021. In general, exports, however, recorded a noticeable downturn.
In value terms, exports of poultry fat; other than that of heading 0209 or 1503 meat soared to $382K in 2022. Over the period under review, exports, however, recorded a noticeable decline.
| Export of Poultry Fat; Other than That of Heading 0209 or 1503 in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | N/A | 128 | 51.3 | 111 | -6.9% |
| United Arab Emirates | N/A | N/A | N/A | 53.6 | 0% |
| Bahrain | N/A | N/A | 19.5 | 19.2 | -1.5% |
| Taiwan (Chinese) | 14.5 | 199 | N/A | 13.9 | -1.4% |
| Sri Lanka | N/A | 94.7 | 22.6 | N/A | -76.1% |
| Chile | 371 | 249 | N/A | N/A | -32.9% |
| United States | 30.2 | N/A | N/A | N/A | 0% |
| Others | 25.1 | N/A | N/A | 185 | 94.6% |
| Total | 441 | 671 | 93.4 | 382 | -4.7% |
Top Export Markets for Poultry Fat; Other than That of Heading 0209 or 1503 from Saudi Arabia in 2022:
- Pakistan (594.6 tons)
- United Arab Emirates (130.5 tons)
- Bahrain (100.3 tons)
- Taiwan (Chinese) (42.3 tons)
Imports of Poultry Fat; Other than That of Heading 0209 or 1503 in Saudi Arabia
In 2022, approx. 40 kg of poultry fat; other than that of heading 0209 or 1503 meat were imported into Saudi Arabia; shrinking by -50% on the previous year. In general, imports recorded a dramatic slump.
In value terms, imports of poultry fat; other than that of heading 0209 or 1503 meat declined significantly to $720 in 2022. Overall, imports recorded a precipitous decrease.
| Import of Poultry Fat; Other than That of Heading 0209 or 1503 in Saudi Arabia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| France | 930 | 360 | -61.3% | ||
| Portugal | 509 | N/A | 0% | ||
| Others | N/A | 360 | 0% | ||
| Total | 1,439 | 720 | -50.0% | ||
Top Suppliers of Poultry Fat; Other than That of Heading 0209 or 1503 to Saudi Arabia in 2022:
- France (20.0 kg)
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