Germany - Pig Fat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPig Fat Price in Germany - 2023
Contents:
- Pig Fat Price in Germany (FOB) - 2023
- Pig Fat Price in Germany (CIF) - 2023
- Pig Fat Exports in Germany
- Pig Fat Imports in Germany
Pig Fat Price in Germany (FOB) - 2023
In August 2023, the average pig fat export price amounted to $1,117 per ton, with a decrease of -13.1% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 7.7% month-to-month. Over the period under review, the average export prices attained the maximum at $1,384 per ton in June 2023; however, from July 2023 to August 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was Austria ($1,935 per ton), while the average price for exports to Belgium ($649 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.
Pig Fat Price in Germany (CIF) - 2023
In August 2023, the average pig fat import price amounted to $1,635 per ton, growing by 7.9% against the previous month. In general, import price indicated a tangible expansion from August 2022 to August 2023: its price increased at an average monthly rate of +3.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, pig fat import price increased by +7.9% against July 2023 indices. The pace of growth appeared the most rapid in October 2022 an increase of 39% against the previous month. Over the period under review, average import prices hit record highs at $1,795 per ton in December 2022; however, from January 2023 to August 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Italy ($2,532 per ton), while the price for the Netherlands ($659 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 (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Pig Fat Exports in Germany
For the third year in a row, Germany recorded decline in shipments abroad of pig fat, which decreased by -12.7% to 139K tons in 2022. Over the period under review, exports continue to indicate a abrupt shrinkage. The smallest decline of -1.9% was in 2020.
In value terms, pig fat exports surged to $143M in 2022. In general, exports recorded a pronounced shrinkage.
| Export of Pig Fat in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 26.4 | 23.5 | 25.3 | 28.8 | 2.9% |
| Belgium | 2.1 | 9.1 | 16.6 | 26.0 | 131.3% |
| Czech Republic | 4.5 | 4.6 | 6.6 | 8.7 | 24.6% |
| Poland | 4.2 | 6.6 | 8.6 | 8.4 | 26.0% |
| Croatia | 6.3 | 5.3 | 5.6 | 8.1 | 8.7% |
| Hungary | 8.4 | 6.1 | 5.6 | 8.0 | -1.6% |
| Austria | 5.9 | 6.6 | 5.4 | 7.5 | 8.3% |
| Romania | 2.7 | 4.9 | 3.4 | 5.4 | 26.0% |
| France | 3.8 | 3.0 | 4.7 | 4.8 | 8.1% |
| Denmark | 4.2 | 2.4 | 2.8 | 4.3 | 0.8% |
| Spain | 1.0 | 1.7 | 8.0 | 4.3 | 62.6% |
| Bulgaria | 2.8 | 3.0 | 2.2 | 4.2 | 14.5% |
| Vietnam | 1.0 | 2.8 | 1.5 | 4.1 | 60.1% |
| Others | 86.2 | 55.3 | 18.5 | 20.2 | -38.3% |
| Total | 159 | 135 | 115 | 143 | -3.5% |
Top Export Markets for Pig Fat from Germany in 2022:
- Belgium (36.3K tons)
- Netherlands (35.8K tons)
- Poland (7.7K tons)
- Czech Republic (6.4K tons)
- Croatia (5.8K tons)
- Hungary (5.6K tons)
- Austria (5.4K tons)
- Romania (4.2K tons)
- Denmark (3.5K tons)
- Bulgaria (3.5K tons)
- Spain (3.4K tons)
- France (3.3K tons)
- Vietnam (3.1K tons)
Pig Fat Imports in Germany
In 2022, supplies from abroad of pig fat decreased by -14.7% to 18K tons, falling for the second year in a row after two years of growth. In general, imports recorded a deep slump. The pace of growth appeared the most rapid in 2020 with an increase of 5.2%. As a result, imports attained the peak of 22K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, pig fat imports shrank to $20M in 2022. The total import value increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 12%. As a result, imports reached the peak of $22M, and then contracted in the following year.
| Import of Pig Fat in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 5.3 | 7.3 | 9.4 | 7.6 | 12.8% |
| Belgium | 2.0 | 2.4 | 2.6 | 3.7 | 22.8% |
| Netherlands | 3.6 | 4.8 | 3.0 | 2.5 | -11.4% |
| Denmark | 0.8 | 0.8 | 1.8 | 1.6 | 26.0% |
| Austria | 1.7 | 1.0 | 1.7 | 1.3 | -8.6% |
| Switzerland | 0.2 | N/A | 0.2 | 0.5 | 35.7% |
| Czech Republic | 1.9 | 1.0 | 1.2 | 0.4 | -40.5% |
| Poland | 0.2 | 0.1 | 0.3 | 0.4 | 26.0% |
| France | 1.4 | 0.7 | 0.3 | 0.4 | -34.1% |
| Others | 2.3 | 2.1 | 2.1 | 2.0 | -4.6% |
| Total | 19.4 | 20.0 | 22.5 | 20.4 | 1.7% |
Top Suppliers of Pig Fat to Germany in 2022:
- Netherlands (5.4K tons)
- Spain (5.2K tons)
- Belgium (2.2K tons)
- Denmark (1.1K tons)
- Poland (0.8K tons)
- Austria (0.8K tons)
- Switzerland (0.4K tons)
- Czech Republic (0.3K tons)
- France (0.3K tons)
This report provides an in-depth analysis of the pig fat market in Germany. 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:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- 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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