Croatia - Lard And Other Pig Fat (Rendered) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRendered Pig Fat Price in Croatia - 2023
Contents:
- Rendered Pig Fat Price in Croatia (FOB) - 2023
- Rendered Pig Fat Price in Croatia (CIF) - 2022
- Rendered Pig Fat Exports in Croatia
- Rendered Pig Fat Imports in Croatia
Rendered Pig Fat Price in Croatia (FOB) - 2023
The average rendered pig fat export price stood at $2,447 per ton in July 2023, approximately reflecting the previous month. Over the period under review, the export price, however, showed a strong increase. The growth pace was the most rapid in November 2022 when the average export price increased by 39% month-to-month. Over the period under review, the average export prices hit record highs at $2,451 per ton in June 2023, and then reduced in the following month.
Average prices varied noticeably for the major overseas markets. In July 2023, the highest price was recorded for prices to Hungary ($2,468 per ton) and Germany ($2,441 per ton), while the average price for exports to Montenegro ($2,107 per ton) and Bosnia and Herzegovina ($2,268 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.
Rendered Pig Fat Price in Croatia (CIF) - 2022
In 2022, the average rendered pig fat import price amounted to $1,509 per ton, increasing by 2.1% against the previous year. Overall, the import price, however, continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2018 an increase of 19% against the previous year. Over the period under review, average import prices reached the peak figure at $2,525 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($3,795 per ton), while the price for Slovenia ($1,278 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+11.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Rendered Pig Fat Exports in Croatia
In 2022, the amount of lard and other pig fat (rendered) exported from Croatia dropped sharply to 518 tons, falling by -15.2% compared with the previous year's figure. The total export volume increased at an average annual rate of +2.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 52% against the previous year. As a result, the exports attained the peak of 611 tons, and then shrank sharply in the following year.
In value terms, rendered pig fat exports skyrocketed to $727K in 2022. Overall, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 83%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the near future.
| Export of Rendered Pig Fat in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 235 | 193 | 438 | 343 | 13.4% |
| Italy | N/A | N/A | 12.7 | 138 | 986.6% |
| Bulgaria | 8.2 | 45.4 | 53.2 | 71.8 | 106.1% |
| Bosnia and Herzegovina | 31.8 | 15.9 | 18.0 | 70.4 | 30.3% |
| Germany | 1.9 | 22.6 | 25.9 | 44.8 | 186.8% |
| Poland | N/A | N/A | N/A | 10.4 | 0% |
| Others | 18.0 | 35.3 | 22.0 | 48.2 | 38.9% |
| Total | 295 | 312 | 570 | 727 | 35.1% |
Top Export Markets for Rendered Pig Fat from Croatia in 2022:
- Slovakia (254.2 tons)
- Italy (125.8 tons)
- Bosnia and Herzegovina (40.8 tons)
- Bulgaria (38.9 tons)
- Germany (23.9 tons)
- Poland (9.4 tons)
Rendered Pig Fat Imports in Croatia
For the fourth year in a row, Croatia recorded growth in supplies from abroad of lard and other pig fat (rendered), which increased by 340% to 84 tons in 2022. Over the period under review, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, rendered pig fat imports surged to $127K in 2022. In general, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Rendered Pig Fat in Croatia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovenia | 0.2 | 2.6 | 11.3 | 55.6 | 552.7% |
| Italy | 12.6 | 12.6 | 11.3 | 39.1 | 45.9% |
| Poland | N/A | N/A | N/A | 12.0 | 0% |
| Hungary | N/A | N/A | 3.1 | 11.5 | 271.0% |
| Montenegro | N/A | N/A | 1.6 | 3.9 | 143.8% |
| Others | 0.2 | N/A | 0.9 | 4.6 | 184.4% |
| Total | 13.0 | 15.2 | 28.2 | 127 | 113.8% |
Top Suppliers of Rendered Pig Fat to Croatia in 2022:
- Slovenia (43.5 tons)
- Italy (29.8 tons)
- Hungary (4.6 tons)
- Poland (3.2 tons)
- Montenegro (2.3 tons)
This report provides an in-depth analysis of the rendered pig fat market in Croatia. 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 10115060 - Lard and other pig fat, rendered
Country coverage:
- Croatia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Croatia
- 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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