Price for Poultry Fat; Other than That of Heading 0209 or 1503 in the Netherlands - 2023
Contents:
- Price for Poultry Fat; Other than That of Heading 0209 or 1503 in the Netherlands (CIF) - 2023
- Price for Poultry Fat; Other than That of Heading 0209 or 1503 in the Netherlands (FOB) - 2023
- Imports of Poultry Fat; Other than That of Heading 0209 or 1503 in the Netherlands
- Exports of Poultry Fat; Other than That of Heading 0209 or 1503 in the Netherlands
Price for Poultry Fat; Other than That of Heading 0209 or 1503 in the Netherlands (CIF) - 2023
The average import price for poultry fat; other than that of heading 0209 or 1503 meat stood at $1,035 per ton in October 2023, almost unchanged from the previous month. In general, the import price saw a slight downturn. The most prominent rate of growth was recorded in November 2022 an increase of 4.9% month-to-month. The import price peaked at $1,395 per ton in January 2023; however, from February 2023 to October 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In October 2023, the country with the highest price was the UK ($1,118 per ton), while the price for Ukraine totaled $809 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by France (+3.5%), while the prices for the other major suppliers experienced a decline.
Price for Poultry Fat; Other than That of Heading 0209 or 1503 in the Netherlands (FOB) - 2023
The average export price for poultry fat; other than that of heading 0209 or 1503 meat stood at $1,672 per ton in October 2023, growing by 33% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $1,684 per ton in December 2022; afterwards, it flattened through to October 2023.
There were significant differences in the average prices for the major external markets. In October 2023, the country with the highest price was Iceland ($10,761 per ton), while the average price for exports to the UK ($1,427 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Iceland (+15.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Poultry Fat; Other than That of Heading 0209 or 1503 in the Netherlands
In 2022, imports of poultry fat; other than that of heading 0209 or 1503 meat into the Netherlands surged to 53K tons, jumping by 75% on 2021. In general, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 138% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of poultry fat; other than that of heading 0209 or 1503 meat skyrocketed to $68M in 2022. Over the period under review, imports continue to indicate significant growth. The growth pace was the most rapid in 2021 when imports increased by 281%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Poultry Fat; Other than That of Heading 0209 or 1503 in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 9.6 | 7.9 | 28.6 | 44.2 | 66.4% |
| Poland | N/A | 0.5 | 3.3 | 11.5 | 379.6% |
| Belgium | 0.5 | 0.4 | 1.1 | 6.1 | 130.2% |
| United Kingdom | N/A | N/A | 1.9 | 1.8 | -5.3% |
| France | 0.8 | 0.1 | 0.3 | 1.7 | 28.6% |
| Ukraine | N/A | 0.1 | 0.6 | 1.3 | 260.6% |
| Others | 0.4 | 0.6 | 0.7 | 1.0 | 35.7% |
| Total | 11.4 | 9.6 | 36.5 | 67.6 | 81.0% |
Top Suppliers of Poultry Fat; Other than That of Heading 0209 or 1503 to the Netherlands in 2022:
- Germany (31.7K tons)
- Poland (8.5K tons)
- Belgium (7.9K tons)
- Ukraine (1.4K tons)
- United Kingdom (1.4K tons)
- France (1.2K tons)
Exports of Poultry Fat; Other than That of Heading 0209 or 1503 in the Netherlands
Exports of poultry fat; other than that of heading 0209 or 1503 meat from the Netherlands surged to 24K tons in 2022, jumping by 57% on the previous year. Overall, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of poultry fat; other than that of heading 0209 or 1503 meat surged to $38M in 2022. In general, exports posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 81% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Poultry Fat; Other than That of Heading 0209 or 1503 in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.5 | 2.4 | 5.3 | 11.5 | 97.2% |
| France | 4.5 | 5.1 | 4.6 | 9.8 | 29.6% |
| Belgium | 2.4 | 1.5 | 3.3 | 7.0 | 42.9% |
| United Kingdom | 2.8 | 3.1 | 7.5 | 6.0 | 28.9% |
| Spain | N/A | 0.1 | 1.3 | 1.6 | 300.0% |
| Others | 0.5 | 0.4 | 0.8 | 1.9 | 56.0% |
| Total | 11.7 | 12.6 | 22.8 | 37.7 | 47.7% |
Top Export Markets for Poultry Fat; Other than That of Heading 0209 or 1503 from the Netherlands in 2022:
- Germany (8.5K tons)
- France (5.8K tons)
- Belgium (4.3K tons)
- United Kingdom (3.3K tons)
- Spain (1.1K tons)
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