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Asia - Pig Fat - Market Analysis, Forecast, Size, Trends and Insights
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Asia: Pig Fat Market Overview 2020

Pig Fat Market Size in Asia

The revenue of the pig fat market in Asia amounted to $X in 2018, going up by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The level of pig fat consumption peaked in 2018 and is expected to retain its growth in the immediate term.

Pig Fat Production in Asia

In value terms, pig fat production amounted to $X in 2018 estimated in export prices. In general, pig fat production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when production volume increased by X% year-to-year. In that year, pig fat production reached its peak level of $X. From 2012 to 2018, pig fat production growth remained at a somewhat lower figure.

Production By Country in Asia

The country with the largest volume of pig fat production was China (X tonnes), accounting for X% of total production. Moreover, pig fat production in China exceeded the figures recorded by the region's second-largest producer, India (X tonnes), twofold. Indonesia (X tonnes) ranked third in terms of total production with a X% share.

In China, pig fat production expanded at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: India (+X% per year) and Indonesia (+X% per year).

Pig Fat Exports

Exports in Asia

The exports amounted to X tonnes in 2018, picking up by X% against the previous year. In general, pig fat exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by X% year-to-year. In that year, pig fat exports attained their peak of X tonnes. From 2016 to 2018, the growth of pig fat exports remained at a lower figure.

In value terms, pig fat exports stood at $X in 2018. Overall, pig fat exports continue to indicate measured growth. The growth pace was the most rapid in 2008 when exports increased by X% against the previous year. In that year, pig fat exports reached their peak of $X. From 2009 to 2018, the growth of pig fat exports remained at a somewhat lower figure.

Exports by Country

In 2018, China (X tonnes) represented the major exporter of pig fat, constituting X% of total exports. It was distantly followed by Cyprus (X tonnes), making up a X% share of total exports. Turkey (X tonnes) and Georgia (X tonnes) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Turkey, while the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the largest pig fat supplier in Asia, comprising X% of total pig fat exports. The second position in the ranking was occupied by Cyprus ($X), with a X% share of total exports. It was followed by Turkey, with a X% share.

In China, pig fat exports increased at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Cyprus (+X% per year) and Turkey (+X% per year).

Export Prices by Country

The pig fat export price in Asia stood at $X per tonne in 2018, reducing by -X% against the previous year. Over the last eleven years, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008 an increase of X% year-to-year. In that year, the export prices for pig fat reached their peak level of $X per tonne. From 2009 to 2018, the growth in terms of the export prices for pig fat remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was China ($X per tonne), while Turkey ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced a decline in the export price figures.

Pig Fat Imports

Imports in Asia

In 2018, the amount of pig fat imported in Asia stood at X tonnes, growing by X% against the previous year. Over the period under review, pig fat imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Over the period under review, pig fat imports reached their peak figure in 2018 and are expected to retain its growth in the near future.

In value terms, pig fat imports amounted to $X in 2018. In general, pig fat imports continue to indicate strong growth. The pace of growth was the most pronounced in 2008 when imports increased by X% year-to-year. Over the period under review, pig fat imports reached their maximum in 2018 and are likely to see steady growth in the immediate term.

Imports by Country

In 2018, the Philippines (X tonnes) and Japan (X tonnes) were the main importers of pig fat in Asia, together finishing at near X% of total imports. South Korea (X tonnes) held the next position in the ranking, followed by Kazakhstan (X tonnes). All these countries together took approx. X% share of total imports. Uzbekistan (X tonnes), China (X tonnes), Georgia (X tonnes), Azerbaijan (X tonnes), Armenia (X tonnes), Mongolia (X tonnes) and Viet Nam (X tonnes) held a minor share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by South Korea, while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), the Philippines ($X) and South Korea ($X) constituted the countries with the highest levels of imports in 2018, with a combined X% share of total imports.

Among the main importing countries, South Korea experienced the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the pig fat import price in Asia amounted to $X per tonne, going up by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2011 when the import price increased by X% against the previous year. Over the period under review, the import prices for pig fat reached their maximum at $X per tonne in 2012; however, from 2013 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per tonne), while Uzbekistan ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by South Korea, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for pig fat in Asia?
+
The country with the largest volume of pig fat consumption was China (1.7M tonnes), comprising approx. 38% of total volume. Moreover, pig fat consumption in China exceeded the figures recorded by the second-largest consumer, India (608K tonnes), threefold. Japan (305K tonnes) ranked third in terms of total consumption with a 7% share.
What are the largest producers of pig fat in Asia?
+
China (1.6M tonnes) constituted the country with the largest volume of pig fat production, accounting for 38% of total volume. Moreover, pig fat production in China exceeded the figures recorded by the second-largest producer, India (608K tonnes), threefold. The third position in this ranking was occupied by Indonesia (276K tonnes), with a 6.6% share.
What are the leading suppliers of pig fat in Asia?
+
In value terms, Cyprus ($320K), Hong Kong SAR ($188K) and Singapore ($185K) were the countries with the highest levels of exports in 2020, with a combined 62% share of total exports.
What are the leading importers of pig fat in Asia?
+
In value terms, the largest pig fat importing markets in Asia were China ($139M), Japan ($95M) and the Philippines ($37M), with a combined 80% share of total imports. Viet Nam, South Korea and Azerbaijan lagged somewhat behind, together comprising a further 15%.
What is the average export price for pig fat in Asia?
+
The pig fat export price in Asia stood at $1,143 per tonne in 2020, with a decrease of -3.7% against the previous year.
What is the average import price for pig fat in Asia?
+
The pig fat import price in Asia stood at $1,570 per tonne in 2020, picking up by 22% against the previous year.

Product coverage:
• Prodcom 10115040 - Pig fat free of lean meat, fresh, chilled, frozen, salted, in brine or smoked (excluding rendered)

This report provides an in-depth analysis of the pig fat market in Asia. 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.


Country coverage:
• Afghanistan
• Armenia
• Bahrain
• Bhutan
• Brunei Darussalam
• Cambodia
• Cyprus
• Democratic People's Republic of Korea
• Georgia
• Jordan
• Kyrgyzstan
• Lao People's Democratic Republic
• Lebanon
• Macao SAR
• Maldives
• Mongolia
• Nepal
• Palestine
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Timor-Leste
• Turkmenistan
• Yemen

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia, split by region and country
• Trade (exports and imports) in Asia
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Afghanistan
• Armenia
• Azerbaijan
• Bahrain
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• Hong Kong SAR
• Macao SAR
• Cyprus
• Georgia
• India
• Indonesia
• Iran
• Iraq
• Israel
• Japan
• Jordan
• Kazakhstan
• Kuwait
• Kyrgyzstan
• Lebanon
• Malaysia
• Maldives
• Mongolia
• Myanmar
• Nepal
• Oman
• Pakistan
• Palestine
• Philippines
• Qatar
• Saudi Arabia
• Singapore
• South Korea
• Sri Lanka
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Thailand
• Timor-Leste
• Turkey
• Turkmenistan
• United Arab Emirates
• Uzbekistan
• Viet Nam
• Yemen
• Lao People's Democratic Republic
• Democratic People's Republic of Korea
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020
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