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

Contents:

  1. Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Japan (CIF) - 2023
  2. Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Japan (FOB) - 2022
  3. Imports of Poultry Fat; Other than That of Heading 0209 or 1503 in Japan
  4. Exports of Poultry Fat; Other than That of Heading 0209 or 1503 in Japan

Price for Poultry Fat; Other than That of Heading 0209 or 1503 in Japan (CIF) - 2023

In November 2023, the average import price for poultry fat; other than that of heading 0209 or 1503 meat amounted to $2,118 per ton, shrinking by -7.1% against the previous month. Overall, the import price continues to indicate a slight decrease. The most prominent rate of growth was recorded in September 2023 an increase of 56% m-o-m. As a result, import price reached the peak level of $3,175 per ton. From October 2023 to November 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Indonesia ($4,716 per ton), while the price for France ($1,605 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Belgium (+0.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for poultry fat; other than that of heading 0209 or 1503 meat stood at $12,412 per ton in 2022, declining by -35.7% against the previous year. Overall, the export price continues to indicate a abrupt shrinkage. Over the period under review, the average export prices reached the maximum at $84,119 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($12,417 per ton), while the average price for exports to Taiwan (Chinese) totaled $12,407 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+14.8%).

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

Imports of poultry fat; other than that of heading 0209 or 1503 meat into Japan skyrocketed to 1.7K tons in 2022, picking up by 93% compared with the previous year. Overall, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of poultry fat; other than that of heading 0209 or 1503 meat skyrocketed to $3.8M in 2022. Over the period under review, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Poultry Fat; Other than That of Heading 0209 or 1503 in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1673471751,805121.1%
France1,2461,2841,4011,4705.7%
BelgiumN/AN/AN/A1630%
Indonesia1338.751.71534.8%
Taiwan (Chinese)27.325.242.612867.4%
Others25.79.19.337.913.8%
Total1,5981,6741,6793,75833.0%

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

  1. France (990.5 tons)
  2. China (568.9 tons)
  3. Belgium (99.8 tons)
  4. Indonesia (38.2 tons)
  5. Taiwan (Chinese) (35.1 tons)

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

In 2022, the amount of poultry fat; other than that of heading 0209 or 1503 meat exported from Japan skyrocketed to 1.6 tons, with an increase of 1,178% compared with the previous year's figure. Overall, exports posted a significant increase. 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 soared to $20K in 2022. Over the period under review, exports enjoyed a significant increase. As a result, the exports attained 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 Japan (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
Hong Kong SARN/A10.70%
Taiwan (Chinese)0.29.54650.0%
United States0.7N/A0%
Others1.6N/A0%
Total2.520.1704.0%

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

  1. Hong Kong SAR (858.0 kg)
  2. Taiwan (Chinese) (765.0 kg)

Source: IndexBox Market Intelligence Platform

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