What is the price of tallow fat per kilogram/pound in Cyprus today?
The retail price range for Cyprus tallow fat is between US$ 3.80 and US$ 7.60 per kilogram or between US$ 1.72 and US$ 3.45 per pound(lb). Click here to see today's exact prices of tallow fat in Cyprus
The retail price range in Euro for tallow fat is between EUR 3.51 and EUR 7.02 per kilogram or between EUR 1.59 and EUR 3.19 per pound(lb) in Nicosia and Larnaca.
Wholesale prices
In 2024, the approximate wholesale price range for Cyprus tallow fat is between US$ 2.66 and US$ 5.32 per kilogram or between US$ 1.21 and US$ 2.41 per pound(lb).
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Cyprus Tallow Fat Export Prices - Historical, Trends and Prediction
The export price of Tallow Fat from Cyprus has seen a steady decline over the last five years. In 2012, the price per kilogram was 0.67 US dollars, and by 2017 it had dropped to 0.50 US dollars. This trend continued in 2018 and 2019, with the price per kilogram falling to 0.46 and 0.42 US dollars respectively. In 2020, the price per kilogram increased slightly to 0.43 US dollars, before rising again in 2021 to 0.55 US dollars. The most recent data from 2022 shows the price per kilogram at 0.73 US dollars. Based on this trend, it is likely that the export price of Tallow Fat from Cyprus will continue to increase in the next two years, with an estimated price of 0.76 US dollars in 2023 and 0.80 US dollars in 2024.The Cyprus tallow fat exports are categorised as:
- Fats of bovine animals, sheep or goats (excluding tallow, oleostearin and oleo-oil) (HS code 150290)
- Tallow of bovine animals, sheep or goats (excluding oil and oleostearin) (HS code 150210)
- Fats of bovine animals, sheep or goats (excluding lard stearin, lard oil, oleostearin, oleooil and tallow oil, not emulsified or mixed or otherwise prepared) (HS code 150200)
Cyprus Tallow Fat Import Prices - Historical, Trends and Prediction
The import price of Tallow Fat into Cyprus over the last five years has seen a steady decrease. In 2017, the price was 0.50 US$ per kg, and this decreased to 0.46 US$ per kg in 2018. In 2019, the price dropped further to 0.42 US$ per kg, and then increased slightly to 0.43 US$ per kg in 2020. 2021 saw a slight increase to 0.55 US$ per kg, before rising again to 0.73 US$ per kg in 2022. Based on this trend, it is predicted that the import price of Tallow Fat into Cyprus in 2023 will be 0.81 US$ per kg, and in 2024 it will be 0.90 US$ per kg.Export values for Cyprus tallow fat
The total values in export for tallow fat in Cyprus were US$ 2, US$ 4, US$ 70 and US$ 136 in US dollar thousand for the years 2012, 2017, 2018 and 2019 in that order.
Prices of other produce in the Meat category in Cyprus: Pork, Mutton, Goat Meat, Horse Meat, Chicken Meat, Turkey Meat, Duck Meat, Geese Meat, Guinea Fowls Meat & Rabbit Meat.
See prices of tallow fat in other countries across Middle East: Bahrain tallow fat, Cyprus tallow fat, Iraq tallow fat, Israel tallow fat, Jordan tallow fat, Kuwait tallow fat, Lebanon tallow fat, Palestine tallow fat, Oman tallow fat & Qatar tallow fat.
Cyprus tallow fat - Production, Exports, Imports, Seasons and HS Codes
The quantity of tallow fat sold by Cyprus in 2020 was 219 metric tonnes. In 2019 Cyprus sold 322 tonnes of tallow fat. For the year 2019 alone, the market for Cyprus tallow fat (meat category) has gone up, flactuating by 113.245 % compared to the year 2018. Between 2017 and 2019, tallow fat's exports grew by 3925 pc earning the nation US$0.14m for the year 2019. Cyprus' tallow fat exports are classified as:
- Fats of bovine animals, sheep or goats (excluding tallow, oleostearin and oleo-oil) (HS code 150290)
- Fats of bovine animals, sheep or goats (excluding lard stearin, lard oil, oleostearin, oleooil and tallow oil, not emulsified or mixed or otherwise prepared) (HS code 150200)
- Tallow of bovine animals, sheep or goats (excluding oil and oleostearin) (HS code 150210)
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Cyprus tallow fat export values
In 2019, Cyprus supplied tallow fat with a value of 0.14m USD, an increase of 100.00% from 2018's total tallow fat export of 0.07m USD. The yearly increase in value of Cyprus tallow fat between 2017 to 2018 was 1650 per cent.
The annual variation in the quantity of Cyprus' tallow fat exports between 2017 and 2019 was 3925 pc in comparison to a variation of 113.245% in the period between 2018 and 2019.
Export markets for Cyprus tallow fat ( in '000$ )
Cyprus' leading export markets for tallow fat are Greece.
Cyprus bought 4 tonnes of tallow fat in 2019.