Rendered Pig Fat Market
Rendered pig fat market: find the latest information powered by an Ai-driven business intelligence platform. Data contain market size, consumption, companies, trade, exports, market prices, production, and imports. There is a breakdown by region, including Africa, China, Russia, the Middle East, EU, the U.K., the U.S., and Latin America. Market insights and forecast to 2030 are also provided in the reports.
Get FREE access to the latest REPORT on the Rendered Pig Fat Market. Make informed decisions with market maps on the DASHBOARD. Download datasets on the TABLE page.
Rendered Pig Fat - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | Spain |
| 2 | Germany |
| 3 | Poland |
| 4 | Netherlands |
| 5 | Italy |
In value terms, Spain led the market, alone. The second position in the ranking was occupied by Germany. It was followed by Poland.
From 2018 to 2020, the average annual growth rate of value in Spain stood at +1.5%. In the other countries, the average annual rates were as follows: Germany (-9.2% per year) and Poland (-5.0% per year).
Rendered Pig Fat Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| United States | 689 | 731 | 662 | -2.0% |
| Belgium | 655 | 631 | 718 | 4.7% |
| Germany | 630 | 611 | 742 | 8.5% |
| Canada | 659 | 748 | 756 | 7.1% |
| France | 737 | 634 | 775 | 2.5% |
| Sweden | 773 | 767 | 777 | 0.3% |
| Denmark | 683 | 696 | 862 | 12.3% |
| Italy | 1075 | 887 | 941 | -6.4% |
| Spain | 899 | 851 | 1400 | 24.8% |
| Average | 745 | 727 | 742 | -0.2% |
Prices varied noticeably by the country of origin; the country with the highest price was Spain ($1,400 per ton), while the United States ($662 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Spain, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| United States | 658 | 722 | 1366 | 44.1% |
| United Kingdom | 741 | 820 | 1173 | 25.8% |
| Mexico | 1014 | 877 | 1022 | 0.4% |
| Czech Republic | 857 | 826 | 964 | 6.1% |
| France | 852 | 767 | 880 | 1.6% |
| Netherlands | 709 | 669 | 803 | 6.4% |
| Belgium | 719 | 655 | 793 | 5.0% |
| Spain | 654 | 616 | 750 | 7.1% |
| Honduras | 603 | 724 | 725 | 9.7% |
| Denmark | 625 | 598 | 703 | 6.1% |
| Germany | 619 | 552 | 685 | 5.2% |
| Slovakia | 483 | 525 | 565 | 8.2% |
| Poland | 625 | 536 | 479 | -12.5% |
| Average | 792 | 735 | 853 | 3.7% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was the United States ($1,366 per ton), while Poland ($479 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the United States, while the other global leaders experienced more modest paces of growth.
Rendered Pig Fat - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| Spain | 30 | 32 | 49 | 26.3% |
| Mexico | 19 | 21 | 19 | 0.8% |
| United States | 24 | 20 | 17 | -16.4% |
| France | 15 | 10 | 16 | 3.1% |
| Netherlands | 24 | 21 | 16 | -18.9% |
In value terms, Spain ($49M) constitutes the largest market for imported lard and other pig fat (rendered) worldwide, comprising 21% of global imports. The second position in the ranking was occupied by Mexico ($19M), with a 8.2% share of global imports. It was followed by the United States, with a 7.2% share.
In Spain, rendered pig fat imports expanded at an average annual rate of +26.3% over the period from 2018-2020. The remaining importing countries recorded the following average annual rates of imports growth: Mexico (+0.8% per year) and the United States (-16.4% per year).
Rendered Pig Fat - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| United States | 128 | 210 | 282 | 48.4% |
| France | 46 | 42 | 54 | 8.2% |
| Germany | 41 | 51 | 49 | 8.9% |
| Belgium | 23 | 24 | 31 | 16.3% |
| Italy | 17 | 17 | 24 | 19.1% |
In value terms, the United States ($282M) remains the largest rendered pig fat supplier worldwide, comprising 49% of global exports. The second position in the ranking was occupied by France ($54M), with a 9.4% share of global exports. It was followed by Germany, with a 8.5% share.
In the United States, rendered pig fat exports increased at an average annual rate of +48.4% over the period from 2018-2020. In the other countries, the average annual rates were as follows: France (+8.2% per year) and Germany (+8.9% per year).
Rendered Pig Fat - Market Forecast
Depressed by shrinking demand for rendered pig fat worldwide, the market is expected to continue its downward consumption trend over the next decade. The performance of the market is forecast to contract with an anticipated CAGR of for the period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.
Rendered Pig Fat - Product Coverage
- HS 150110 - Pig fat; lard, other than that of heading 0209 and 1503
- HS 150120 - Pig fat; not lard, other than that of heading 0209 or 1503
This report provides an in-depth analysis of the global rendered pig fat market.
This report provides an in-depth analysis of the rendered pig fat market in Australia and Oceania.
This report provides an in-depth analysis of the rendered pig fat market in Africa.
This report provides an in-depth analysis of the rendered pig fat market in Latin America and the Caribbean.
This report provides an in-depth analysis of the rendered pig fat market in South-Eastern Asia.
This report provides an in-depth analysis of the rendered pig fat market in Eastern Asia.
This report provides an in-depth analysis of the rendered pig fat market in Central Asia.
This report provides an in-depth analysis of the rendered pig fat market in the Middle East.
This report provides an in-depth analysis of the rendered pig fat market in Southern Asia.
This report provides an in-depth analysis of the rendered pig fat market in Northern America.
Nothing found. Please try again.
