Brazil - Pig Fat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPig Fat Price in Brazil - 2023
Contents:
- Pig Fat Price in Brazil (CIF) - 2023
- Pig Fat Price in Brazil (FOB) - 2023
- Pig Fat Imports in Brazil
- Pig Fat Exports in Brazil
Pig Fat Price in Brazil (CIF) - 2023
In October 2023, the average pig fat import price amounted to $1,724 per ton, growing by 3.2% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 6.7% against the previous month. Over the period under review, average import prices reached the peak figure at $2,021 per ton in June 2023; however, from July 2023 to October 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Chile.
From October 2022 to October 2023, the rate of growth in terms of prices for Denmark amounted to 0.0% per month.
Pig Fat Price in Brazil (FOB) - 2023
The average pig fat export price stood at $1,197 per ton in October 2023, reducing by -46.5% against the previous month. Over the period under review, the export price showed a noticeable contraction. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 8.2% m-o-m. Over the period under review, the average export prices attained the maximum at $2,239 per ton in September 2023, and then dropped notably in the following month.
There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was Uruguay ($2,028 per ton), while the average price for exports to China stood at $950 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (+1.4%).
Pig Fat Imports in Brazil
Pig fat imports into Brazil skyrocketed to 4.7K tons in 2022, increasing by 77% on the previous year. Overall, imports continue to indicate a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, pig fat imports soared to $8M in 2022. Over the period under review, imports continue to indicate a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Pig Fat in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 4.1 | 4.2 | 4.1 | 7.8 | 23.9% |
| Canada | 0.8 | 0.3 | 0.2 | 0.1 | -50.0% |
| Others | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Total | 4.9 | 4.5 | 4.4 | 8.0 | 17.8% |
Top Suppliers of Pig Fat to Brazil in 2022:
- Chile (4.6K tons)
- Canada (0.1K tons)
Pig Fat Exports in Brazil
In 2022, the amount of pig fat exported from Brazil declined dramatically to 392 tons, shrinking by -81.3% on the year before. Over the period under review, exports faced a sharp downturn. The growth pace was the most rapid in 2021 with an increase of 88% against the previous year. As a result, the exports reached the peak of 2.1K tons, and then contracted dramatically in the following year.
In value terms, pig fat exports contracted sharply to $702K in 2022. Overall, exports saw a precipitous curtailment. The growth pace was the most rapid in 2021 when exports increased by 129% against the previous year. As a result, the exports attained the peak of $3.9M, and then dropped markedly in the following year.
| Export of Pig Fat in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uruguay | 577 | 1,066 | 879 | 538 | -2.3% |
| Argentina | N/A | N/A | 253 | 72.4 | -71.4% |
| China | 2,013 | 475 | 2,604 | 1.2 | -91.6% |
| Others | 123 | 181 | 209 | 89.9 | -9.9% |
| Total | 2,712 | 1,722 | 3,945 | 702 | -36.3% |
Top Export Markets for Pig Fat from Brazil in 2022:
- Uruguay (309.3 tons)
- Argentina (57.4 tons)
- China (0.5 tons)
This report provides an in-depth analysis of the pig fat market in Brazil. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10115040 - Pig fat free of lean meat, fresh, chilled, frozen, salted, in brine or smoked (excluding rendered)
Country coverage:
- Brazil
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Brazil
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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