Poland - Pig Fat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPig Fat Price in Poland - 2023
Contents:
- Pig Fat Price in Poland (FOB) - 2023
- Pig Fat Price in Poland (CIF) - 2023
- Pig Fat Exports in Poland
- Pig Fat Imports in Poland
Pig Fat Price in Poland (FOB) - 2023
The average pig fat export price stood at $1,274 per ton in August 2023, approximately equating the previous month. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 an increase of 14% m-o-m. As a result, the export price reached the peak level of $1,385 per ton. From December 2022 to August 2023, the the average export prices failed to regain momentum.
Average prices varied somewhat for the major external markets. In August 2023, the countries with the highest prices were Hong Kong SAR ($1,591 per ton) and Moldova ($1,544 per ton), while the average price for exports to Ukraine ($1,148 per ton) and Slovakia ($1,161 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Moldova (+0.8%), while the prices for the other major destinations experienced more modest paces of growth.
Pig Fat Price in Poland (CIF) - 2023
The average pig fat import price stood at $1,659 per ton in July 2023, stabilizing at the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.3%. The pace of growth was the most pronounced in May 2023 an increase of 26% month-to-month. As a result, import price attained the peak level of $1,865 per ton. From June 2023 to July 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Cyprus ($2,299 per ton), while the price for Italy ($1,159 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Spain (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Pig Fat Exports in Poland
In 2022, approx. 49K tons of pig fat were exported from Poland; falling by -23.7% compared with the previous year. In general, exports showed a deep slump. The smallest decline of -4% was in 2021.
In value terms, pig fat exports expanded remarkably to $59M in 2022. The total export value increased at an average annual rate of +1.6% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Pig Fat in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 23.8 | 19.2 | 21.7 | 26.9 | 4.2% |
| Slovakia | 4.0 | 3.5 | 3.3 | 4.3 | 2.4% |
| Hong Kong SAR | 3.5 | 2.1 | 3.0 | 3.4 | -1.0% |
| Czech Republic | 2.9 | 3.6 | 2.3 | 3.3 | 4.4% |
| Romania | 2.1 | 2.5 | 2.4 | 3.2 | 15.1% |
| Denmark | 2.8 | 2.9 | 2.2 | 2.3 | -6.3% |
| Vietnam | 2.5 | 5.1 | 2.5 | 2.3 | -2.7% |
| Mongolia | 1.5 | 1.8 | 3.3 | 2.2 | 13.6% |
| Lithuania | 1.5 | 1.7 | 1.5 | 1.9 | 8.2% |
| Latvia | 1.7 | 1.7 | 1.2 | 1.2 | -11.0% |
| Moldova | 0.6 | 0.3 | 0.5 | 1.2 | 26.0% |
| Turkmenistan | 0.9 | 1.2 | 0.8 | 1.2 | 10.1% |
| Others | 8.2 | 7.8 | 9.2 | 5.5 | -12.5% |
| Total | 56.1 | 53.3 | 53.8 | 58.9 | 1.6% |
Top Export Markets for Pig Fat from Poland in 2022:
- Ukraine (24.7K tons)
- Slovakia (3.3K tons)
- Czech Republic (2.6K tons)
- Romania (2.4K tons)
- Hong Kong SAR (2.4K tons)
- Denmark (1.8K tons)
- Vietnam (1.8K tons)
- Mongolia (1.6K tons)
- Lithuania (1.5K tons)
- Latvia (0.9K tons)
- Turkmenistan (0.8K tons)
- Moldova (0.7K tons)
Pig Fat Imports in Poland
After three years of growth, supplies from abroad of pig fat decreased by -2.4% to 16K tons in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +19.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.9% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 43% against the previous year.
In value terms, pig fat imports skyrocketed to $20M in 2022. In general, imports, however, continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Pig Fat in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.1 | 5.7 | 7.1 | 8.8 | 29.0% |
| Netherlands | 0.5 | 0.9 | 0.7 | 3.3 | 87.6% |
| Spain | 0.9 | 2.2 | 2.1 | 2.3 | 36.7% |
| Denmark | 0.4 | 0.2 | 0.4 | 1.6 | 58.7% |
| Lithuania | 0.3 | 0.5 | 0.8 | 0.9 | 44.2% |
| France | 0.5 | 0.3 | 0.6 | 0.7 | 11.9% |
| Italy | 0.3 | N/A | 0.1 | 0.6 | 26.0% |
| Latvia | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Others | 0.4 | 1.1 | 1.7 | 1.6 | 58.7% |
| Total | 7.6 | 11.0 | 13.5 | 19.9 | 37.8% |
Top Suppliers of Pig Fat to Poland in 2022:
- Germany (7.1K tons)
- Netherlands (2.4K tons)
- Spain (1.8K tons)
- Denmark (1.2K tons)
- Lithuania (0.8K tons)
- Italy (0.5K tons)
- France (0.5K tons)
- Latvia (0.2K tons)
This report provides an in-depth analysis of the pig fat market in Poland. 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:
- Poland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Poland
- 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
-
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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