Price for Poultry Fat; Other than That of Heading 0209 or 1503 in China - 2023

Contents:

  1. Price for Poultry Fat; Other than That of Heading 0209 or 1503 in China (FOB) - 2022
  2. Exports of Poultry Fat; Other than That of Heading 0209 or 1503 in China

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

The average export price for poultry fat; other than that of heading 0209 or 1503 meat stood at $4,558 per ton in 2022, increasing by 36% against the previous year. In general, the export price, however, showed a perceptible slump. Over the period under review, the average export prices hit record highs at $5,783 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($4,120 per ton), while the average price for exports to New Zealand stood at $3,236 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+10.1%).

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

In 2022, shipments abroad of poultry fat; other than that of heading 0209 or 1503 meat increased by 1,746% to 304 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports showed significant growth. As a result, the exports attained 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 $1.4M in 2022. Over the period under review, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Poultry Fat; Other than That of Heading 0209 or 1503 in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
JapanN/A7.518.81,2041167.0%
New Zealand27.546.833.028.71.4%
Myanmar13.1N/AN/AN/A0%
Others8.24.53.6155166.4%
Total48.958.855.41,388205.0%

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

  1. Japan (292.2 tons)
  2. New Zealand (8.9 tons)

Source: IndexBox Market Intelligence Platform

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