Finland - Lard And Other Pig Fat (Rendered) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRendered Pig Fat Price in Finland - 2023
Contents:
- Rendered Pig Fat Price in Finland (FOB) - 2022
- Rendered Pig Fat Price in Finland (CIF) - 2022
- Rendered Pig Fat Exports in Finland
- Rendered Pig Fat Imports in Finland
Rendered Pig Fat Price in Finland (FOB) - 2022
The average rendered pig fat export price stood at $14,831 per ton in 2022, which is down by -86.8% against the previous year. Overall, the export price, however, recorded significant growth. The growth pace was the most rapid in 2016 an increase of 505% against the previous year. Over the period under review, the average export prices hit record highs at $112,061 per ton in 2021, and then contracted rapidly in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($67,120 per ton), while the average price for exports to the United States ($9.7 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+44.9%), while the prices for the other major destinations experienced more modest paces of growth.
Rendered Pig Fat Price in Finland (CIF) - 2022
In 2022, the average rendered pig fat import price amounted to $2,190 per ton, surging by 28% against the previous year. In general, the import price showed a resilient increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Denmark ($8,155 per ton), while the price for Germany ($1,160 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+28.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Rendered Pig Fat Exports in Finland
In 2022, exports of lard and other pig fat (rendered) from Finland contracted sharply to 11 kg, which is down by -95.8% on the year before. Over the period under review, exports faced a precipitous decrease. The growth pace was the most rapid in 2021 when exports increased by 11%.
In value terms, rendered pig fat exports declined significantly to $160 in 2022. Overall, exports showed a dramatic decrease. The most prominent rate of growth was recorded in 2020 with an increase of 100%.
| Export of Rendered Pig Fat in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 4.0 | N/A | N/A | 0.1 | -70.8% |
| New Zealand | 2.3 | N/A | N/A | N/A | 0% |
| Germany | 1.9 | 0.7 | 1.1 | N/A | -23.9% |
| Sweden | 0.4 | 17.4 | 25.7 | N/A | 701.6% |
| United States | N/A | N/A | N/A | N/A | 0% |
| Denmark | 0.7 | 0.1 | 1.8 | N/A | 60.4% |
| Others | 0.1 | 0.4 | 0.8 | N/A | 182.8% |
| Total | 9.3 | 18.6 | 29.5 | 0.2 | -72.2% |
Top Export Markets for Rendered Pig Fat from Finland in 2022:
- Poland (9.0 kg)
- United States (1.0 kg)
- Germany (1.0 kg)
Rendered Pig Fat Imports in Finland
In 2022, rendered pig fat imports into Finland expanded markedly to 13 tons, picking up by 13% against the previous year's figure. The total import volume increased at an average annual rate of +13.3% from 2021 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. 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 $29K in 2022. Overall, total imports indicated significant growth from 2021 to 2022: its value increased at an average annual rate of +44.5% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Rendered Pig Fat in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Estonia | 16.4 | 21.0 | 28.0% | ||
| France | 2.3 | 5.0 | 117.4% | ||
| Denmark | 1.7 | 2.8 | 64.7% | ||
| Germany | N/A | 0.7 | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 20.4 | 29.5 | 44.6% | ||
Top Suppliers of Rendered Pig Fat to Finland in 2022:
- Estonia (11.8 tons)
- France (0.8 tons)
- Germany (0.6 tons)
- Denmark (0.3 tons)
This report provides an in-depth analysis of the rendered pig fat market in Finland. 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:
- Finland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Finland
- 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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