Price for Tallow; Other than Those of Heading 1503 in Greece - 2023

Contents:

  1. Price for Tallow; Other than Those of Heading 1503 in Greece (CIF) - 2022
  2. Price for Tallow; Other than Those of Heading 1503 in Greece (FOB) - 2022
  3. Imports of Tallow; Other than Those of Heading 1503 in Greece
  4. Exports of Tallow; Other than Those of Heading 1503 in Greece

Price for Tallow; Other than Those of Heading 1503 in Greece (CIF) - 2022

The average import price for tallow; other than those of heading 1503s stood at $1,697 per ton in 2022, increasing by 33% against the previous year. In general, the import price showed a prominent increase. The most prominent rate of growth was recorded in 2015 an increase of 77%. Over the period under review, average import prices attained the peak figure at $6,071 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($5,053 per ton), while the price for Spain ($826 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+26.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tallow; Other than Those of Heading 1503 in Greece (FOB) - 2022

The average export price for tallow; other than those of heading 1503s stood at $3,062 per ton in 2022, increasing by 57% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by 108%. The export price peaked at $4,703 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +586.3% per year.

Imports of Tallow; Other than Those of Heading 1503 in Greece

In 2022, supplies from abroad of tallow; other than those of heading 1503s decreased by -65% to 420 tons, falling for the second year in a row after two years of growth. Over the period under review, imports saw a precipitous contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 88% against the previous year. As a result, imports reached the peak of 1.8K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of tallow; other than those of heading 1503s reduced remarkably to $713K in 2022. Overall, imports saw a deep slump. The pace of growth was the most pronounced in 2020 when imports increased by 92% against the previous year. As a result, imports reached the peak of $1.9M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Tallow; Other than Those of Heading 1503 in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands339637494239-11.0%
Belgium224693873174-8.1%
France76.51.144.510210.1%
Italy48.467.598.410127.8%
Germany86.9N/AN/A51.1-16.2%
PolandN/A2.28.919.9200.8%
Spain1.63.80.919.1128.5%
Bulgaria74.53667.33.7-63.2%
Slovakia56.875.2N/AN/A32.4%
Romania78.141.4N/AN/A-47.0%
Others0.13.9N/A4.2247.6%
Total9861,8921,527713-10.2%

Top Suppliers of Tallow; Other than Those of Heading 1503 to Greece in 2022:

  1. Netherlands (135.3 tons)
  2. Belgium (101.3 tons)
  3. Italy (97.5 tons)
  4. Germany (29.0 tons)
  5. Spain (23.2 tons)
  6. France (20.2 tons)
  7. Poland (9.4 tons)
  8. Bulgaria (2.4 tons)

Exports of Tallow; Other than Those of Heading 1503 in Greece

After two years of decline, overseas shipments of tallow; other than those of heading 1503s increased by 120% to 2.5 tons in 2022. Overall, exports, however, showed a abrupt setback.

In value terms, exports of tallow; other than those of heading 1503s soared to $7.5K in 2022. Over the period under review, exports, however, saw a sharp setback.

Export of Tallow; Other than Those of Heading 1503 in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom15.410.71.97.5-21.3%
GermanyN/A2.10.3N/A-85.7%
OthersN/A0.10.1N/A0.0%
Total15.412.82.27.5-21.3%

Top Export Markets for Tallow; Other than Those of Heading 1503 from Greece in 2022:

  1. United Kingdom (2.5 tons)

Source: IndexBox Market Intelligence Platform

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