Report Eastern Asia - Lard and Other Pig Fat (Rendered) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jul 15, 2022

Eastern Asia - Lard and Other Pig Fat (Rendered) - Market Analysis, Forecast, Size, Trends and Insights
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Eastern Asia: Rendered Pig Fat Market 2022

Rendered Pig Fat Market Size in Eastern Asia

In 2021, the East Asian rendered pig fat market decreased by -X% to $X, falling for the second year in a row after four years of growth. Overall, consumption showed a pronounced decrease. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Rendered Pig Fat Production in Eastern Asia

In value terms, rendered pig fat production declined rapidly to $X in 2021 estimated in export price. Over the period under review, production, however, recorded strong growth. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The level of production peaked at $X in 2020, and then dropped remarkably in the following year.

Production By Country in Eastern Asia

The country with the largest volume of rendered pig fat production was Japan (X tons), comprising approx. X% of total volume. Moreover, rendered pig fat production in Japan exceeded the figures recorded by the second-largest producer, Hong Kong SAR (X tons), threefold.

In Japan, rendered pig fat production expanded at an average annual rate of +X% over the period from 2012-2021.

Rendered Pig Fat Exports

Exports in Eastern Asia

In 2021, after three years of growth, there was decline in shipments abroad of lard and other pig fat (rendered), when their volume decreased by -X% to X tons. In general, exports continue to indicate a perceptible decline. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, rendered pig fat exports amounted to $X in 2021. Over the period under review, exports, however, showed a moderate expansion. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are likely to see steady growth in the near future.

Exports by Country

Japan was the largest exporter of lard and other pig fat (rendered) in Eastern Asia, with the volume of exports reaching X tons, which was near X% of total exports in 2021. It was distantly followed by Hong Kong SAR (X tons) and China (X tons), together constituting a X% share of total exports. Taiwan (Chinese) (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by China (with a CAGR of +X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, the largest rendered pig fat supplying countries in Eastern Asia were Hong Kong SAR ($X), Japan ($X) and China ($X), with a combined X% share of total exports.

In terms of the main exporting countries, China, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2021, rising by X% against the previous year. Export price indicated resilient growth from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, rendered pig fat export price increased by +X% against 2019 indices. The growth pace was the most rapid in 2020 when the export price increased by X% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by the country of origin: the country with the highest price was Hong Kong SAR ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+X%), while the other leaders experienced a decline in the export price figures.

Rendered Pig Fat Imports

Imports in Eastern Asia

In 2021, the amount of lard and other pig fat (rendered) imported in Eastern Asia expanded significantly to X tons, growing by X% against the previous year's figure. Over the period under review, imports, however, saw a deep reduction. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, rendered pig fat imports soared to $X in 2021. Overall, imports, however, showed a perceptible decline. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

The purchases of the three major importers of lard and other pig fat (rendered), namely Hong Kong SAR, China and Taiwan (Chinese), represented more than two-thirds of total import. It was distantly followed by Japan (X tons), comprising a X% share of total imports. Macao SAR (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in Macao SAR (with a CAGR of +X%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, the largest rendered pig fat importing markets in Eastern Asia were Hong Kong SAR ($X), Taiwan (Chinese) ($X) and Japan ($X), with a combined X% share of total imports. China and Macao SAR lagged somewhat behind, together comprising a further X terms of the main importing countries, Macao SAR, with a CAGR of +X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2021, rising by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Japan ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Macao SAR (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for lard and other pig fat (rendered) in Eastern Asia?
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The countries with the highest volumes of in 2021 were Taiwan Chinese), Hong Kong SAR and China, together comprising 92% of total consumption. These countries were followed by Macao SAR and Japan, which together accounted for a further 8.2%.
What are the largest producers of lard and other pig fat (rendered) in Eastern Asia?
+
Japan constituted the country with the largest volume of rendered pig fat production, accounting for 72% of total volume. Moreover, rendered pig fat production in Japan exceeded the figures recorded by the second-largest producer, Hong Kong SAR, threefold.
What are the leading suppliers of lard and other pig fat (rendered) in Eastern Asia?
+
In value terms, the largest rendered pig fat supplying countries in Eastern Asia were Hong Kong SAR, Japan and China, with a combined 99% share of total exports.
What are the leading importers of lard and other pig fat (rendered) in Eastern Asia?
+
In value terms, Hong Kong SAR, Taiwan Chinese) and Japan appeared to be the countries with the highest levels of imports in 2021, with a combined 82% share of total imports. These countries were followed by China and Macao SAR, which together accounted for a further 18%.
What is the average export price for lard and other pig fat (rendered) in Eastern Asia?
+
The export price in Eastern Asia stood at $1,472 per ton in 2021, increasing by 11% against the previous year.
What is the average import price for lard and other pig fat (rendered) in Eastern Asia?
+
In 2021, the import price in Eastern Asia amounted to $1,399 per ton, surging by 15% against the previous year.

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


Product coverage:
• Prodcom 10115060 - Lard and other pig fat, rendered
Country coverage:
• Democratic People's Republic of Korea
• Macao SAR
• Taiwan (Chinese)

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Eastern Asia, split by region and country
• Trade (exports and imports) in Eastern 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 2012–2021
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 2012–2021
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

• China
• Hong Kong SAR
• Macao SAR
• Japan
• South Korea
• Taiwan (Chinese)
• Democratic People's Republic of Korea
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Physical Terms, By Country, 2012–2021
Table 7:
Imports, In Value Terms, By Country, 2012–2021
Table 8:
Import Prices, By Country Of Destination, 2012–2021
Table 9:
Exports, In Physical Terms, By Country, 2012–2021
Table 10:
Exports, In Value Terms, By Country, 2012–2021
Table 11:
Export Prices, By Country Of Origin, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Consumption, By Country, 2021
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, 2012–2021
Figure 17:
Production, In Value Terms, 2012–2021
Figure 18:
Production, By Country, 2021
Figure 19:
Production, In Physical Terms, By Country, 2012–2021
Figure 20:
Imports, In Physical Terms, 2012–2021
Figure 21:
Imports, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, By Country, 2021
Figure 23:
Imports, In Physical Terms, By Country, 2012–2021
Figure 24:
Imports, In Value Terms, By Country, 2012–2021
Figure 25:
Import Prices, By Country, 2012–2021
Figure 26:
Exports, In Physical Terms, 2012–2021
Figure 27:
Exports, In Value Terms, 2012–2021
Figure 28:
Exports, In Physical Terms, By Country, 2021
Figure 29:
Exports, In Physical Terms, By Country, 2012–2021
Figure 30:
Exports, In Value Terms, By Country, 2012–2021
Figure 31:
Export Prices, 2012–2021
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