What is the price of chicken fat per kilogram/pound in Australia today?
The retail price range for Australia chicken fat is between US$ 0.96 and US$ 2.89 per kilogram or between US$ 0.44 and US$ 1.31 per pound(lb). Click here to see today's exact prices of chicken fat in Australia
The retail price range in Australian Dollar for chicken fat is between AUD 1.45 and AUD 4.34 per kilogram or between AUD 0.66 and AUD 1.97 per pound(lb) in Canberra and Melbourne.
Wholesale prices
In 2024, the approximate wholesale price range for Australia chicken fat is between US$ 0.67 and US$ 2.02 per kilogram or between US$ 0.31 and US$ 0.92 per pound(lb).
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Australia Chicken Fat Export Prices - Historical, Trends and Prediction
The export price per kilogram of Chicken Fat from Australia over the last five years has been quite varied. In 2017, the price was 1.53 US dollars per kg, followed by a sharp increase to 2.41 US dollars per kg in 2018. In 2019, the price dropped to 1.22 US dollars per kg, before rising again to 2.29 US dollars per kg in 2020. The highest price was recorded in 2021, at 3.11 US dollars per kg, before dropping to the lowest price of 0.65 US dollars per kg in 2022. Based on this data, it is predicted that the export price per kilogram of Chicken Fat from Australia in 2023 will be 1.48 US dollars per kg, and in 2024 it will be 1.83 US dollars per kg.Australia Chicken Fat Import Prices - Historical, Trends and Prediction
The import price per kilogram of Chicken Fat into Australia over the last five years has been quite volatile. In 2016, the price was at its lowest point of 0.87 US dollars per kg, before rising to 1.53 US dollars per kg in 2017. This was followed by a sharp increase to 2.41 US dollars per kg in 2018, before dropping to 1.22 US dollars per kg in 2019. The price then rose again to 2.29 US dollars per kg in 2020, before reaching its highest point of 3.11 US dollars per kg in 2021. The most recent data shows that the price has dropped to 0.65 US dollars per kg in 2022. Based on the data, it is predicted that the import price per kilogram of Chicken Fat into Australia will increase to 1.45 US dollars per kg in 2023, and then further increase to 2.27 US dollars per kg in 2024.Export values for Australia chicken fat
The total values in export for chicken fat in Australia were US$ 156, US$ 127, US$ 367 and US$ 536 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Meat category in Australia: Pork, Mutton, Goat Meat, Horse Meat, Chicken Meat, Turkey Meat, Duck Meat, Geese Meat, Guinea Fowls Meat & Rabbit Meat.
See prices of chicken fat in other countries across Oceania: Fiji chicken fat, French Polynesia chicken fat, Guam chicken fat, Micronesia chicken fat, New Caledonia chicken fat, Papua New Guinea chicken fat, Samoa chicken fat, Solomon Islands chicken fat, Tonga chicken fat & Vanuatu chicken fat.
Australia chicken fat - Production, Exports, Imports, Seasons and HS Codes
The quantity of chicken fat exported by Australia in 2020 was 255 metric tons. In 2019 Australia sold 441 tonnes of chicken fat. Across 2019 alone, the demand for Australia chicken fat (meat category) has escalated, recording a change of 190.132 pc compared to the year 2018. Between 2017 and 2019, chicken fat's exports went up by 431.33 percent netting the exporter US$0.54m for the year 2019. Australia's chicken fat exports are categorised as:
- Poultry fat, not rendered or otherwise extracted, fresh, chilled, frozen, salted, in brine, dried or smoked (HS code 020990)
- Poultry fat, rendered or otherwise extracted (HS code 150190)
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Australia chicken fat export values
In 2019, Australia sold chicken fat with a value of 0.54m USD, a surge of 47.14% from 2018's total chicken fat export of 0.367m USD. The yearly increase in value of Australia chicken fat between 2017 to 2018 was 188.976%.
The annual change in the quantity of Australia's chicken fat exports between 2017 and 2019 was 431.33 pc in comparison to a variation of 190.132% in the period between 2018 and 2019.
Australia's portion of the world's total chicken fat's exports in 2019 was 19.7 per cent. Australia is ranked position 2 in world exports of chicken fat.
Export markets for Australia chicken fat ( in '000$ )
Import/Export Trends
Australia is a net exporter of chicken fat. The annual growth of Australia chicken fat in value between 2015 to 2019 was 13%, per year, while annual growth in quantity during the same period was 12%, per annum.
Australia purchased 54 tonnes of chicken fat in 2019.