Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Morocco - 2022
Contents:
- Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Morocco (CIF) - 2022
- Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Morocco (FOB) - 2022
- Imports of Poultry Fat; Other than That of Heading 0209 or 1503 in Morocco
- Exports of Poultry Fat; Other than That of Heading 0209 or 1503 in Morocco
Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Morocco (CIF) - 2022
In 2022, the average import price for poultry fat; other than that of heading 0209 or 1503 meat amounted to $11,154 per ton, waning by -1.6% against the previous year. Over the period under review, the import price, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 5.1%. As a result, import price attained the peak level of $11,338 per ton, and then reduced in the following year.
As there is only one major supplying country, the average price level is determined by prices for France.
From 2015 to 2022, the rate of growth in terms of prices for France amounted to +15.6% per year.
Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Morocco (FOB) - 2022
The average export price for poultry fat; other than that of heading 0209 or 1503 meat stood at $30,833 per ton in 2022, standing approx. at the previous year. In general, the export price continues to indicate a notable expansion. The pace of growth appeared the most rapid in 2021 when the average export price decreased by 99.9% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the UK.
From 2020 to 2022, the rate of growth in terms of prices for Cameroon amounted to 0.0% per year.
Imports of Poultry Fat; Other than That of Heading 0209 or 1503 in Morocco
In 2022, after two years of growth, there was significant decline in purchases abroad of poultry fat; other than that of heading 0209 or 1503 meat, when their volume decreased by -25.3% to 201 kg. Overall, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 102%. As a result, imports attained the peak of 269 kg, and then declined sharply in the following year.
In value terms, imports of poultry fat; other than that of heading 0209 or 1503 meat reduced dramatically to $2.2K in 2022. Over the period under review, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 113% against the previous year. As a result, imports reached the peak of $3K, and then declined markedly in the following year.
| Import of Poultry Fat; Other than That of Heading 0209 or 1503 in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| France | 0.7 | 1.7 | 1.1 | 25.4% | |
| Others | 0.8 | 1.3 | 1.1 | 17.3% | |
| Total | 1.4 | 3.0 | 2.2 | 25.4% | |
Top Suppliers of Poultry Fat; Other than That of Heading 0209 or 1503 to Morocco in 2022:
- France (149.0 kg)
Exports of Poultry Fat; Other than That of Heading 0209 or 1503 in Morocco
In 2022, exports of poultry fat; other than that of heading 0209 or 1503 meat from Morocco was estimated at 12 kg, remaining stable against the previous year's figure. Over the period under review, exports faced a sharp downturn. The smallest decline of 99.9% was in 2021.
In value terms, exports of poultry fat; other than that of heading 0209 or 1503 meat stood at $370 in 2022. Overall, exports continue to indicate a significant decline. The smallest decline of 99.9% was in 2021.
| Export of Poultry Fat; Other than That of Heading 0209 or 1503 in Morocco (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| United Kingdom | N/A | N/A | 370 | 0% | |
| Cameroon | 739 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 739 | N/A | 370 | -29.2% | |
Top Export Markets for Poultry Fat; Other than That of Heading 0209 or 1503 from Morocco in 2022:
- United Kingdom (12.0 kg)
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Driven by increasing demand for lard in China, the world market is expected to continue an upward consumption trend over the next seven-year period.
4061
Global lard consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
3915
In 2015, the country with the largest volume of the lard output was China (X thousand tons), accounting for X% of global production.
2285
The U.S. dominates in the global lard trade. In 2014, the U.S. exported X thousand tons of lard totaling X million USD, X% under the previous year. Its primary trading partner was Mexico, where it supplied X% of its total lard exports in value t
