Latest Report Update: Dec 29, 2019

Latin America and the Caribbean - Pig Fat - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service and Privacy Policy. We'll occasionally send you account related emails.

Latin America and the Caribbean: Pig Fat Market Overview 2020

Webinar: Global Palm Oil Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global palm oil market.

Thursday, May 6th, 2021 @ 10:00 am ET

Register Now

Pig Fat Market Size in Latin America and the Caribbean

The revenue of the pig fat market in Latin America and the Caribbean amounted to $X in 2018, surging by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when the market value increased by X% against the previous year. Over the period under review, the pig fat market reached its peak figure level at $X in 2011; however, from 2012 to 2018, consumption stood at a somewhat lower figure.

Pig Fat Production in Latin America and the Caribbean

In value terms, pig fat production totaled $X in 2018 estimated in export prices. Overall, pig fat production continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. In that year, pig fat production reached its peak level and is likely to continue its growth in the immediate term.

Production By Country in Latin America and the Caribbean

The country with the largest volume of pig fat production was Brazil (X tonnes), comprising approx. X% of total production. Moreover, pig fat production in Brazil exceeded the figures recorded by the region's second-largest producer, Mexico (X tonnes), twofold. Argentina (X tonnes) ranked third in terms of total production with a X% share.

In Brazil, pig fat production shrank by an average annual rate of -X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Mexico (+X% per year) and Argentina (+X% per year).

Pig Fat Exports

Exports in Latin America and the Caribbean

In 2018, approx. X tonnes of pig fat were exported in Latin America and the Caribbean; rising by X% against the previous year. The total export volume increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. In that year, pig fat exports reached their peak and are likely to continue its growth in the immediate term.

In value terms, pig fat exports stood at $X in 2018. The total exports indicated a remarkable increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, pig fat exports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2018 when exports increased by X% y-o-y. In that year, pig fat exports attained their peak and are likely to continue its growth in the immediate term.

Exports by Country

Chile prevails in pig fat exports structure, amounting to X tonnes, which was approx. X% of total exports in 2018. Brazil (X tonnes) ranks second in terms of the total exports with a X% share, followed by Argentina (X%).

Chile was also the fastest-growing in terms of the pig fat exports, with a CAGR of +X% from 2007 to 2018. At the same time, Argentina (+X%) displayed positive paces of growth. By contrast, Brazil (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Chile and Argentina increased by +X% and +X% percentage points, while Brazil (-X p.p.) saw their share reduced.

In value terms, Chile ($X) remains the largest pig fat supplier in Latin America and the Caribbean, comprising X% of total pig fat exports. The second position in the ranking was occupied by Brazil ($X), with a X% share of total exports.

In Chile, pig fat exports expanded at an average annual rate of +X% over the period from 2007-2018. The remaining exporting countries recorded the following average annual rates of exports growth: Brazil (-X% per year) and Argentina (+X% per year).

Export Prices by Country

In 2018, the pig fat export price in Latin America and the Caribbean amounted to $X per tonne, stabilizing at the previous year. The export price indicated a resilient expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, pig fat export price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2008 when the export price increased by X% year-to-year. Over the period under review, the export prices for pig fat reached their peak figure at $X per tonne in 2014; however, from 2015 to 2018, export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2018, the country with the highest price was Brazil ($X per tonne), while Chile ($X per tonne) was amongst the lowest.

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

Pig Fat Imports

Imports in Latin America and the Caribbean

In 2018, the amount of pig fat imported in Latin America and the Caribbean amounted to X tonnes, going up by X% against the previous year. The total imports indicated a strong increase from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by X% year-to-year. The volume of imports peaked at X tonnes in 2014; however, from 2015 to 2018, imports failed to regain their momentum.

In value terms, pig fat imports totaled $X in 2018. The total imports indicated a prominent increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, pig fat imports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2008 when imports increased by X% y-o-y. Over the period under review, pig fat imports reached their peak figure at $X in 2014; however, from 2015 to 2018, imports stood at a somewhat lower figure.

Imports by Country

Mexico dominates pig fat imports structure, reaching X tonnes, which was near X% of total imports in 2018. It was distantly followed by Uruguay (X tonnes), achieving a X% share of total imports. The following importers - Chile (X tonnes), Colombia (X tonnes) and Aruba (X tonnes) - each resulted at a X% share of total imports.

Imports into Mexico increased at an average annual rate of +X% from 2007 to 2018. At the same time, Aruba (+X%), Uruguay (+X%) and Chile (+X%) displayed positive paces of growth. Moreover, Aruba emerged as the fastest-growing importer in Latin America and the Caribbean, with a CAGR of +X% from 2007-2018. Colombia experienced a relatively flat trend pattern. While the share of Mexico (+X p.p.), Uruguay (+X p.p.) and Aruba (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported pig fat in Latin America and the Caribbean, comprising X% of total pig fat imports. The second position in the ranking was occupied by Uruguay ($X), with a X% share of total imports. It was followed by Colombia, with a X% share.

From 2007 to 2018, the average annual growth rate of value in Mexico stood at +X%. In the other countries, the average annual rates were as follows: Uruguay (+X% per year) and Colombia (+X% per year).

Import Prices by Country

In 2018, the pig fat import price in Latin America and the Caribbean amounted to $X per tonne, coming down by -X% against the previous year. Overall, the pig fat import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. Over the period under review, the import prices for pig fat attained their maximum at $X per tonne in 2012; however, from 2013 to 2018, import prices failed to regain their momentum.

Average prices varied somewhat amongst the major importing countries. In 2018, major importing countries recorded the following prices: in Aruba ($X per tonne) and Colombia ($X per tonne), while Chile ($X per tonne) and Mexico ($X per tonne) were amongst the lowest.

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

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for pig fat in LatAmerica and the Caribbean?
+
The countries with the highest volumes of pig fat consumption in 2019 were Brazil (244K tonnes), Mexico (165K tonnes) and Argentina (74K tonnes), with a combined 60% share of total consumption. These countries were followed by Colombia, Peru, Chile, Cuba, Ecuador, the Dominican Republic, Guatemala, Bolivia and Paraguay, which together accounted for a further 31%.
What are the largest producers of pig fat in LatAmerica and the Caribbean?
+
The countries with the highest volumes of pig fat production in 2019 were Brazil (245K tonnes), Mexico (128K tonnes) and Argentina (74K tonnes), together accounting for 57% of total production. These countries were followed by Chile, Colombia, Peru, Cuba, Ecuador, Guatemala, the Dominican Republic, Bolivia and Paraguay, which together accounted for a further 34%.
What are the leading exporters of pig fat in LatAmerica and the Caribbean?
+
In value terms, Chile ($32M) remains the largest pig fat supplier in Latin America and the Caribbean, comprising 78% of total exports. The second position in the ranking was occupied by Mexico ($5.4M), with a 13% share of total exports. It was followed by Brazil, with a 6.6% share.
What are the leading importers of pig fat in LatAmerica and the Caribbean?
+
In value terms, Mexico ($34M) constitutes the largest market for imported pig fat in Latin America and the Caribbean, comprising 63% of total imports. The second position in the ranking was occupied by Uruguay ($7.6M), with a 14% share of total imports. It was followed by Colombia, with a 4.1% share.
What is the average export price for pig fat in LatAmerica and the Caribbean?
+
In 2019, the pig fat export price in Latin America and the Caribbean amounted to $1,188 per tonne, reducing by -2.1% against the previous year.
What is the average import price for pig fat in LatAmerica and the Caribbean?
+
In 2019, the pig fat import price in Latin America and the Caribbean amounted to $928 per tonne, picking up by 12% 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 Latin America and the Caribbean. 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:
• Anguilla
• Antigua and Barbuda
• Aruba
• Bahamas
• Barbados
• Belize
• Bermuda
• Bolivia
• British Virgin Islands
• Cayman Islands
• Costa Rica
• Curacao
• Dominica
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Saint Kitts and Nevis
• Saint Lucia
• Saint Maarten (Dutch part)
• Saint Vincent and the Grenadines
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Latin America and the Caribbean, split by region and country
• Trade (exports and imports) in Latin America and the Caribbean
• 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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 2007–2019
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 2007–2019
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

• Anguilla
• Antigua and Barbuda
• Argentina
• Aruba
• Bahamas
• Barbados
• Belize
• Bermuda
• Bolivia
• Brazil
• British Virgin Islands
• Cayman Islands
• Chile
• Colombia
• Costa Rica
• Cuba
• Curacao
• Dominica
• Dominican Republic
• Ecuador
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Mexico
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Peru
• Saint Kitts and Nevis
• Saint Lucia
• Saint Vincent and the Grenadines
• Saint Maarten (Dutch part)
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands
• Uruguay
• Venezuela
• Puerto Rico
LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption, By Country, 2015–2019
Table 5:
Production, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Physical Terms, By Country, 2007–2019
Table 7:
Imports, In Value Terms, By Country, 2007–2019
Table 8:
Import Prices, By Country Of Destination, 2007–2019
Table 9:
Exports, In Physical Terms, By Country, 2007–2019
Table 10:
Exports, In Value Terms, By Country, 2007–2019
Table 11:
Export Prices, By Country Of Origin, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Consumption, By Country, 2019
Figure 4:
Market Forecast To 2025
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, 2007–2019
Figure 17:
Production, In Value Terms, 2007–2019
Figure 18:
Production, By Country, 2019
Figure 19:
Production, In Physical Terms, By Country, 2007–2019
Figure 20:
Imports, In Physical Terms, 2007–2019
Figure 21:
Imports, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, By Country, 2019
Figure 23:
Imports, In Physical Terms, By Country, 2007–2019
Figure 24:
Imports, In Value Terms, By Country, 2007–2019
Figure 25:
Import Prices, By Country, 2007–2019
Figure 26:
Exports, In Physical Terms, 2007–2019
Figure 27:
Exports, In Value Terms, 2007–2019
Figure 28:
Exports, In Physical Terms, By Country, 2019
Figure 29:
Exports, In Physical Terms, By Country, 2007–2019
Figure 30:
Exports, In Value Terms, By Country, 2007–2019
Figure 31:
Export Prices, 2007–2019

Webinar: Global Palm Oil Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global palm oil market.



Thursday, May 6th, 2021 @ 10:00 am ET


Register

Webinar: Global Fertilizer Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global fertilizer market.



Thursday, May 13th, 2021 @ 10:00 am ET


Register

Webinar: Global Gym and Fitness Equipment Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global gym and fitness equipment market.



Thursday, April 22nd, 2021 @ 10:00 am ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data