Price for Tallow; Other than Those of Heading 1503 in the Czech Republic - 2023
Contents:
- Price for Tallow; Other than Those of Heading 1503 in the Czech Republic (CIF) - 2022
- Price for Tallow; Other than Those of Heading 1503 in the Czech Republic (FOB) - 2023
- Imports of Tallow; Other than Those of Heading 1503 in the Czech Republic
- Exports of Tallow; Other than Those of Heading 1503 in the Czech Republic
Price for Tallow; Other than Those of Heading 1503 in the Czech Republic (CIF) - 2022
The average import price for tallow; other than those of heading 1503s stood at $1,542 per ton in 2022, growing by 32% against the previous year. In general, the import price showed a resilient expansion. The growth pace was the most rapid in 2020 when the average import price increased by 259%. The import price peaked in 2022 and is expected to retain growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($1,622 per ton), while the price for Germany stood at $1,527 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+4.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tallow; Other than Those of Heading 1503 in the Czech Republic (FOB) - 2023
In September 2023, the average export price for tallow; other than those of heading 1503s amounted to $669 per ton, with a decrease of -18.4% against the previous month. Overall, the export price recorded a perceptible decrease. The growth pace was the most rapid in December 2022 when the average export price increased by 5.8% against the previous month. As a result, the export price attained the peak level of $1,052 per ton. From January 2023 to September 2023, the the average export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In September 2023, the country with the highest price was Germany ($689 per ton), while the average price for exports to Slovakia ($624 per ton) was amongst the lowest.
From October 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+1.3%), while the prices for the other major destinations experienced a decline.
Imports of Tallow; Other than Those of Heading 1503 in the Czech Republic
In 2022, the amount of tallow; other than those of heading 1503s imported into the Czech Republic dropped modestly to 2.5K tons, which is down by -3.6% on 2021 figures. In general, imports faced a dramatic setback. The pace of growth was the most pronounced in 2021 with an increase of 15% against the previous year.
In value terms, imports of tallow; other than those of heading 1503s soared to $3.9M in 2022. Overall, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 64%. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in years to come.
| Import of Tallow; Other than Those of Heading 1503 in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.7 | 1.4 | 1.9 | 2.7 | 56.8% |
| Poland | 0.1 | 0.4 | 1.0 | 1.1 | 122.4% |
| Austria | 0.4 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.1 | 0.2 | 0.1 | 0.0% |
| Total | 1.2 | 1.9 | 3.1 | 3.9 | 48.1% |
Top Suppliers of Tallow; Other than Those of Heading 1503 to the Czech Republic in 2022:
- Germany (1766.8 tons)
- Poland (697.6 tons)
Exports of Tallow; Other than Those of Heading 1503 in the Czech Republic
In 2022, overseas shipments of tallow; other than those of heading 1503s increased by 36% to 3.1K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a slight reduction.
In value terms, exports of tallow; other than those of heading 1503s surged to $3.3M in 2022. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Tallow; Other than Those of Heading 1503 in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 162 | 152 | 272 | 1,140 | 91.6% |
| Poland | 110 | 103 | 123 | 773 | 91.5% |
| Netherlands | 131 | 704 | 1,128 | 694 | 74.3% |
| Slovakia | 842 | 535 | 444 | 626 | -9.4% |
| Austria | 111 | N/A | 18.5 | 4.4 | -65.9% |
| Hungary | 120 | 72.8 | 0.6 | 1.6 | -76.3% |
| Spain | N/A | 121 | N/A | N/A | 0% |
| Others | 5.7 | 0.4 | 1.8 | 28.6 | 71.2% |
| Total | 1,482 | 1,688 | 1,988 | 3,268 | 30.2% |
Top Export Markets for Tallow; Other than Those of Heading 1503 from the Czech Republic in 2022:
- Slovakia (957.6 tons)
- Germany (879.9 tons)
- Poland (786.0 tons)
- Netherlands (472.7 tons)
- Austria (3.0 tons)
- Hungary (1.1 tons)
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