Europe: Rendered Pig Fat Market 2024

Rendered Pig Fat Market Size in Europe

In 2022, the Europe rendered pig fat market increased by X% to $X, rising for the third consecutive year after two years of decline. The total consumption indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2019 indices. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in years to come.

Rendered Pig Fat Production in Europe

In value terms, rendered pig fat production soared to $X in 2022 estimated in export price. The total production indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, production reached the peak level in 2022 and is likely to see gradual growth in the immediate term.

Rendered Pig Fat Exports

Exports in Europe

Rendered pig fat exports declined slightly to X tons in 2022, approximately equating 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, rendered pig fat exports surged to $X in 2022. Overall, exports, however, showed a pronounced expansion. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

In 2022, France (X tons), Germany (X tons), Belgium (X tons), Italy (X tons), Sweden (X tons), Denmark (X tons), Spain (X tons), Poland (X tons) and the Netherlands (X tons) represented the major exporter of lard and other pig fat (rendered) in Europe, generating X% of total export.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Italy (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest rendered pig fat supplying countries in Europe were France ($X), Germany ($X) and Belgium ($X), together accounting for X% of total exports. Italy, Denmark, Sweden, Spain, Poland and the Netherlands lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Italy, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Europe amounted to $X per ton, picking up by X% against the previous year. In general, the export price recorded a moderate increase. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Poland ($X per ton) and the Netherlands ($X per ton), while Belgium ($X per ton) and Spain ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced more modest paces of growth.

Rendered Pig Fat Imports

Imports in Europe

In 2022, purchases abroad of lard and other pig fat (rendered) increased by X% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, rendered pig fat imports surged to $X in 2022. In general, imports recorded a notable expansion. The pace of growth was the most pronounced in 2021 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

The Netherlands (X tons), Belgium (X tons), Spain (X tons), France (X tons) and Slovakia (X tons) represented roughly X% of total imports in 2022. It was distantly followed by Poland (X tons), creating a X% share of total imports. The UK (X tons) and Germany (X tons) took a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Belgium ($X) and Spain ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. France, the UK, Slovakia, Poland and Germany lagged somewhat behind, together accounting for a further X%.

France, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Europe stood at $X per ton in 2022, growing by X% against the previous year. In general, the import price recorded a temperate increase. The pace of growth appeared the most rapid in 2021 when the import price increased by X%. Over the period under review, import prices reached the peak figure in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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