Romania - Lard And Other Pig Fat (Rendered) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRendered Pig Fat Price in Romania - 2023
Contents:
- Rendered Pig Fat Price in Romania (FOB) - 2022
- Rendered Pig Fat Price in Romania (CIF) - 2022
- Rendered Pig Fat Exports in Romania
- Rendered Pig Fat Imports in Romania
Rendered Pig Fat Price in Romania (FOB) - 2022
In 2022, the average rendered pig fat export price amounted to $863 per ton, increasing by 3.1% against the previous year. In general, the export price recorded a mild expansion. The pace of growth was the most pronounced in 2021 when the average export price increased by 81%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($1,954 per ton), while the average price for exports to Slovakia ($328 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 Bulgaria (+20.8%), while the prices for the other major destinations experienced more modest paces of growth.
Rendered Pig Fat Price in Romania (CIF) - 2022
In 2022, the average rendered pig fat import price amounted to $1,335 per ton, surging by 17% against the previous year. In general, the import price posted moderate growth. The growth pace was the most rapid in 2016 when the average import price increased by 63% against the previous year. Over the period under review, average import prices attained the peak figure at $1,815 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
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 the Netherlands ($2,586 per ton), while the price for Poland ($979 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Rendered Pig Fat Exports in Romania
In 2022, exports of lard and other pig fat (rendered) from Romania declined to 1.5K tons, dropping by -12.9% on the previous year. Over the period under review, exports recorded a noticeable downturn. The pace of growth appeared the most rapid in 2021 with an increase of 79%. As a result, the exports reached the peak of 1.7K tons, and then shrank in the following year.
In value terms, rendered pig fat exports fell to $1.3M in 2022. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 224%. As a result, the exports attained the peak of $1.4M, and then declined in the following year.
| Export of Rendered Pig Fat in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | N/A | N/A | 478 | 588 | 23.0% |
| Hungary | 1.5 | N/A | 308 | 283 | 473.5% |
| Slovakia | 439 | 416 | 368 | 201 | -22.9% |
| Netherlands | N/A | N/A | N/A | 47.2 | 0% |
| Germany | 1.3 | 0.7 | 167 | 45.4 | 226.9% |
| Switzerland | N/A | N/A | N/A | 22.6 | 0% |
| Greece | N/A | N/A | 0.1 | 10.0 | 9900.0% |
| Others | 17.3 | 16.9 | 84.6 | 65.6 | 55.9% |
| Total | 460 | 434 | 1,405 | 1,262 | 40.0% |
Top Export Markets for Rendered Pig Fat from Romania in 2022:
- Slovakia (611.3 tons)
- Bulgaria (477.0 tons)
- Hungary (238.8 tons)
- Netherlands (25.2 tons)
- Greece (24.0 tons)
- Germany (23.3 tons)
- Switzerland (23.3 tons)
Rendered Pig Fat Imports in Romania
In 2022, the amount of lard and other pig fat (rendered) imported into Romania skyrocketed to 1.2K tons, growing by 147% against 2021 figures. In general, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 172% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, rendered pig fat imports skyrocketed to $1.6M in 2022. Over the period under review, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Rendered Pig Fat in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 274 | 872 | 511 | 1,413 | 72.8% |
| Netherlands | N/A | N/A | 22.5 | 56.0 | 148.9% |
| Bulgaria | 7.2 | 4.3 | 10.6 | 44.1 | 83.0% |
| Poland | 7.0 | 5.4 | 9.1 | 37.8 | 75.4% |
| Italy | 232 | N/A | N/A | 0.1 | -92.4% |
| Others | 43.8 | 0.9 | 1.1 | 52.9 | 6.5% |
| Total | 564 | 883 | 554 | 1,604 | 41.7% |
Top Suppliers of Rendered Pig Fat to Romania in 2022:
- Hungary (1101.6 tons)
- Poland (38.6 tons)
- Bulgaria (23.0 tons)
- Netherlands (21.7 tons)
- Italy (0.1 tons)
This report provides an in-depth analysis of the rendered pig fat market in Romania. 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:
- Romania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Romania
- 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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