EU: Sheep, Goat, Cow Fat Market Overview 2020

Sheep, Goat, Cow Fat Market Size in the EU

The revenue of the sheep, goat, cow fat market in the European Union amounted to $X in 2017, coming up by X% against the previous year. The sheep, goat, cow fat consumption continues to indicate a deep descent. The pace of growth was the most pronounced in 2017, when market value increased by X% against the previous year. The level of sheep, goat, cow fat consumption peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Sheep, Goat, Cow Fat Production in the EU

In 2017, production of fats of bovine animals, sheep or goats in the European Union totaled X tonnes, rising by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with only minor fluctuations over the period under review. The pace of growth was the most pronounced in 2014, with an increase of X% year-to-year. The volume of sheep, goat, cow fat production peaked in 2017, and is likely to continue its growth in the near future.

Sheep, Goat, Cow Fat Exports in the EU

In 2017, the amount of fats of bovine animals, sheep or goats exported in the European Union totaled X tonnes, approximately mirroring the previous year. The total export volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2016, with an increase of X% y-o-y. Over the period under review, the sheep, goat, cow fat exports attained its peak figure volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, sheep, goat, cow fat exports stood at $X in 2017. The sheep, goat, cow fat exports continue to indicate a noticeable downturn. The level of exports peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Sheep, Goat, Cow Fat Exports by Country in the EU

The countries with the highest levels of sheep, goat, cow fat exports in 2017 were France (X tonnes), the UK (X tonnes), Ireland (X tonnes) and Germany (X tonnes), together accounting for X% of total export. The following exporters - Poland (X tonnes), Belgium (X tonnes), Italy (X tonnes), Austria (X tonnes), Sweden (X tonnes) and the Netherlands (X tonnes) together made up X% of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Ireland (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest sheep, goat, cow fat markets worldwide were the UK ($X), France ($X) and Ireland ($X), with a combined X% share of total exports. These countries were followed by Germany, Poland, Belgium, Italy, Sweden, the Netherlands and Austria, which together accounted for a further X%.

In terms of the main exporting countries , Poland (+X% per year) recorded the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced more modest paces of growth.

Sheep, Goat, Cow Fat Export Prices by Country in the EU

The sheep, goat, cow fat export price in the European Union stood at $X per tonne in 2017, picking up by X% against the previous year. The sheep, goat, cow fat export price continues to indicate a deep contraction. The pace of growth was the most pronounced in 2017, when the export prices increased by X% against the previous year. The level of export price peaked of $X per tonne in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Belgium ($X per tonne), while Austria ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Poland (-X% per year), while the other leaders experienced a decline in the export price figures.

Sheep, Goat, Cow Fat Imports in the EU

In 2017, sheep, goat, cow fat imports in the European Union amounted to X tonnes, going down by -X% against the previous year. The sheep, goat, cow fat imports continue to indicate a mild decrease. The pace of growth was the most pronounced in 2014, when it surged by X% year-to-year. Over the period under review, the sheep, goat, cow fat imports attained its maximum volume of X tonnes in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, sheep, goat, cow fat imports stood at $X in 2017. The sheep, goat, cow fat imports continue to indicate a drastic descent. The level of imports peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Sheep, Goat, Cow Fat Imports by Country in the EU

Belgium represented the largest importing country with an import of around X tonnes, which amounted to X% of total imports. It was distantly followed by Spain (X tonnes), the Netherlands (X tonnes), Germany (X tonnes), the UK (X tonnes) and Italy (X tonnes), together mixed up X% share of total imports. Finland (X tonnes) and France (X tonnes) followed a long way behind the leaders.

Imports into Belgium decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Germany (+X%), the UK (+X%) and Finland (+X%) displayed positive paces of growth. Moreover, Germany emerged as the fastest growing importer in the European Union, with a CAGR of +X% from 2007-2017. By contrast, the Netherlands (-X%), Spain (-X%), Italy (-X%) and France (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Spain, Belgium, the Netherlands, Italy and France increased by X%, X%, X%, X% and X% percentage points, while the UK (-X%) and Germany (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belgium ($X) constitutes the largest market for imported fats of bovine animals, sheep or goats in the European Union, making up X% of global imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of global imports. It was followed by Spain, with a X% share.

In Belgium, sheep, goat, cow fat imports contracted by an average annual rate of -X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: the Netherlands (+X% per year) and Spain (-X% per year).

Sheep, Goat, Cow Fat Import Prices by Country in the EU

The sheep, goat, cow fat import price in the European Union stood at $X per tonne in 2017, picking up by X% against the previous year. The sheep, goat, cow fat import price continues to indicate a noticeable slump. The pace of growth appeared the most rapid in 2017, when it surged by X% y-o-y. The level of import price peaked of $X per tonne in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was France ($X per tonne), while Germany ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the Netherlands (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox AI Platform