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Report Update: Nov 30, 2023

Pakistan - Lard and Other Pig Fat (Rendered) - Market Analysis, Forecast, Size, Trends and Insights

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Pakistan: Rendered Pig Fat Market 2023

Rendered Pig Fat Market Size in Pakistan

The Pakistani rendered pig fat market stood at $X in 2022, growing by X% against the previous year. Overall, consumption recorded a modest expansion. Rendered pig fat consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Rendered Pig Fat Production in Pakistan

In value terms, rendered pig fat production expanded to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Rendered Pig Fat Exports

Exports from Pakistan

In 2017, the amount of lard and other pig fat (rendered) exported from Pakistan stood at X tons, stabilizing at the previous year's figure. Overall, exports posted a significant expansion. The smallest decline of X% was in 2016. Over the period under review, the exports reached the maximum in 2017 and are expected to retain growth in the immediate term.

In value terms, rendered pig fat exports amounted to $X in 2017. In general, exports enjoyed significant growth. The smallest decline of X% was in 2016. The exports peaked in 2017 and are expected to retain growth in years to come.

Exports by Country

Afghanistan (X tons) was the main destination for rendered pig fat exports from Pakistan, with a approx. X% share of total exports.

From 2015 to 2017, the average annual growth rate of volume to Afghanistan totaled X%.

From 2015 to 2017, the average annual growth rate of value to Afghanistan stood at X%.

Export Prices by Country

In 2017, the average rendered pig fat export price amounted to $X per ton, remaining constant against the previous year. In general, the export price recorded a dramatic curtailment. The growth pace was the most rapid in 2016 when the average export price decreased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2017, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Afghanistan.

From 2015 to 2017, the rate of growth in terms of prices for Afghanistan amounted to X% per year.

Rendered Pig Fat Imports

Imports into Pakistan

In 2020, approx. X tons of lard and other pig fat (rendered) were imported into Pakistan; increasing by X% compared with 2019 figures. Over the period under review, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, rendered pig fat imports fell markedly to $X in 2020. In general, imports saw significant growth. Imports peaked at $X in 2019, and then shrank sharply in the following year.

Imports by Country

In 2020, the UK (X tons) was the main supplier of rendered pig fat to Pakistan, accounting for a approx. X% share of total imports.

From 2015 to 2020, the average annual growth rate of volume from the UK stood at X%.

In value terms, the UK ($X) constituted the largest supplier of lard and other pig fat (rendered) to Pakistan.

From 2015 to 2020, the average annual rate of growth in terms of value from the UK totaled X%.

Import Prices by Country

The average rendered pig fat import price stood at $X per ton in 2020, dropping by X% against the previous year. In general, the import price saw a abrupt descent. The import price peaked at $X per ton in 2019, and then shrank notably in the following year.

As there is only one major supplying country, the average price level is determined by prices for the UK.

From 2015 to 2020, the rate of growth in terms of prices for the UK amounted to X% per year.

Source: IndexBox Platform

Base Year	Historical Period	Forecast Period	Units
2022	2012-2022	2023-2030	US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for lard and other pig fat (rendered) in the world?

The countries with the highest volumes of consumption in 2023 were the United States, Spain and Singapore, with a combined 60% share of global consumption. Poland, the Netherlands, Germany, Belgium and Italy lagged somewhat behind, together comprising a further 27%.

What are the largest producers of lard and other pig fat (rendered) in the world?

The countries with the highest volumes of production in 2022 were the United States, Singapore and Spain, with a combined 56% share of global production. Germany, Poland, France, Italy, Belgium, the Netherlands, Denmark, Canada and Sweden lagged somewhat behind, together accounting for a further 39%.

What are the leading suppliers of lard and other pig fat (rendered) to Pakistan?

In value terms, the UK constituted the largest supplier of lard and other pig fat rendered) to Pakistan.

What is the average export price for lard and other pig fat (rendered) in Pakistan?

The average rendered pig fat export price stood at $209 per ton in 2017, remaining stable against the previous year.

What is the average import price for lard and other pig fat (rendered) in Pakistan?

The average rendered pig fat import price stood at $742 per ton in 2020, declining by -42.9% against the previous year.

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

• Pakistan

Data coverage:

• Market volume and value

• Per Capita consumption

• Forecast of the market dynamics in the medium term

• Trade (exports and imports) in Pakistan

• 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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2022
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2022
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2022
2. Market Volume, In Physical Terms, 2012–2022
3. Market Value, 2012–2022
4. Per Capita Consumption In 2012-2022
5. Imports, In Physical Terms, By Country, 2012–2022
6. Imports, In Value Terms, By Country, 2012–2022
7. Import Prices, By Country Of Origin, 2012–2022
8. Exports, In Physical Terms, By Country, 2012–2022
9. Exports, In Value Terms, By Country, 2012–2022
10. Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2022
2. Market Value, 2012–2022
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
5. Trade Balance, In Physical Terms, 2012-2022
6. Trade Balance, In Value Terms, 2012-2022
7. Per Capita Consumption, 2012-2022
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2022
22. Production, In Value Terms, 2012–2022
23. Imports, In Physical Terms, 2012–2022
24. Imports, In Value Terms, 2012–2022
25. Imports, In Physical Terms, By Country, 2022
26. Imports, In Physical Terms, By Country, 2012–2022
27. Imports, In Value Terms, By Country, 2012–2022
28. Import Prices, By Country Of Origin, 2012–2022
29. Exports, In Physical Terms, 2012–2022
30. Exports, In Value Terms, 2012–2022
31. Exports, In Physical Terms, By Country, 2022
32. Exports, In Physical Terms, By Country, 2012–2022
33. Exports, In Value Terms, By Country, 2012–2022
34. Export Prices, By Country Of Destination, 2012–2022