Price for Tallow; Other than Those of Heading 1503 in Bulgaria - 2023
Contents:
- Price for Tallow; Other than Those of Heading 1503 in Bulgaria (CIF) - 2023
- Price for Tallow; Other than Those of Heading 1503 in Bulgaria (FOB) - 2022
- Imports of Tallow; Other than Those of Heading 1503 in Bulgaria
- Exports of Tallow; Other than Those of Heading 1503 in Bulgaria
Price for Tallow; Other than Those of Heading 1503 in Bulgaria (CIF) - 2023
In August 2023, the average import price for tallow; other than those of heading 1503s amounted to $1,352 per ton, leveling off at the previous month. Over the period under review, the import price showed a noticeable contraction. The growth pace was the most rapid in November 2022 when the average import price increased by 7% against the previous month. The import price peaked at $1,825 per ton in December 2022; however, from January 2023 to August 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($3,354 per ton), while the price for Germany ($1,169 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tallow; Other than Those of Heading 1503 in Bulgaria (FOB) - 2022
In 2022, the average export price for tallow; other than those of heading 1503s amounted to $1,047 per ton, remaining constant against the previous year. In general, the export price enjoyed a modest increase. The pace of growth was the most pronounced in 2014 an increase of 131% against the previous year. As a result, the export price reached the peak level of $2,147 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($2,430 per ton), while the average price for exports to Poland ($925 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+12.8%), while the prices for the other major destinations experienced a decline.
Imports of Tallow; Other than Those of Heading 1503 in Bulgaria
In 2022, imports of tallow; other than those of heading 1503s into Bulgaria expanded markedly to 3.5K tons, picking up by 5.4% against the previous year's figure. The total import volume increased at an average annual rate of +13.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 44% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of tallow; other than those of heading 1503s soared to $6M in 2022. Overall, imports showed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 63%. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the immediate term.
| Import of Tallow; Other than Those of Heading 1503 in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 1,775 | 3,008 | 3,891 | 4,883 | 40.1% |
| Italy | N/A | N/A | 60.8 | 203 | 233.9% |
| Sweden | 45.4 | N/A | 71.6 | 195 | 62.6% |
| Netherlands | 81.1 | 101 | 151 | 171 | 28.2% |
| Albania | N/A | N/A | 118 | 168 | 42.4% |
| Denmark | 15.4 | N/A | N/A | 146 | 111.6% |
| Germany | 7.9 | 28.6 | 97.3 | 96.0 | 129.9% |
| Others | 61.6 | 101 | 193 | 102 | 18.3% |
| Total | 1,986 | 3,239 | 4,583 | 5,963 | 44.3% |
Top Suppliers of Tallow; Other than Those of Heading 1503 to Bulgaria in 2022:
- Poland (2787.5 tons)
- Albania (223.9 tons)
- Italy (112.6 tons)
- Sweden (99.4 tons)
- Netherlands (73.4 tons)
- Denmark (60.9 tons)
- Germany (58.3 tons)
Exports of Tallow; Other than Those of Heading 1503 in Bulgaria
Exports of tallow; other than those of heading 1503s from Bulgaria surged to 279 tons in 2022, jumping by 61% on the previous year. Over the period under review, total exports indicated a significant expansion from 2021 to 2022: its volume increased at an average annual rate of +61.3% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of tallow; other than those of heading 1503s skyrocketed to $292K in 2022. Overall, total exports indicated a significant increase from 2021 to 2022: its value increased at an average annual rate of +63.6% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Tallow; Other than Those of Heading 1503 in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Poland | 11.7 | 198 | 1592.3% | ||
| Netherlands | 6.9 | 44.8 | 549.3% | ||
| Greece | 158 | 27.5 | -82.6% | ||
| Romania | N/A | 21.3 | 0% | ||
| Others | 2.3 | N/A | 0% | ||
| Total | 179 | 292 | 63.1% | ||
Top Export Markets for Tallow; Other than Those of Heading 1503 from Bulgaria in 2022:
- Poland (214.3 tons)
- Netherlands (41.3 tons)
- Greece (14.5 tons)
- Romania (8.8 tons)
560
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The U.S. dominates in the global tallow trade. In 2014, the U.S. exported X thousand tons of tallow totaling X million USD, X% under the previous year. Its primary trading partner was Mexico, where it supplied X% of its total tallow exports in
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Global tallow consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.
