Report Philippines - Pig Fat - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Philippines - Pig Fat - Market Analysis, Forecast, Size, Trends and Insights
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Philippines: Pig Fat Market 2020

Pig Fat Market Size in the Philippines

The revenue of the pig fat market in the Philippines amounted to $X in 2018, picking up by X% against the previous year. In general, the total market indicated a prominent 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 consumption increased by +X% against 2014 indices. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Pig fat consumption peaked in 2018 and is expected to retain its growth in the near future.

Pig Fat Production in the Philippines

In value terms, pig fat production totaled $X in 2018 estimated in export prices. Over the period under review, pig fat production, however, continues to indicate an abrupt curtailment. The pace of growth was the most pronounced in 2015 with an increase of X% year-to-year. In that year, pig fat production reached its peak level of $X. From 2016 to 2018, pig fat production growth failed to regain its momentum.

Pig Fat Exports

Exports from the Philippines

In 2018, the amount of pig fat exported from the Philippines stood at X tons, falling by -X% against the previous year. Over the period under review, pig fat exports continue to indicate a drastic descent. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. Over the period under review, pig fat exports reached their maximum at X tons in 2014; however, from 2015 to 2018, exports remained at a lower figure.

In value terms, pig fat exports stood at $X in 2018. Over the period under review, pig fat exports continue to indicate a drastic reduction. The most prominent rate of growth was recorded in 2013 when exports increased by X% year-to-year. Over the period under review, pig fat exports attained their maximum at $X in 2014; however, from 2015 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Japan (X kg) was the main destination for pig fat exports from the Philippines, accounting for a X% share of total exports. Moreover, pig fat exports to Japan exceeded the volume sent to the second major destination, South Korea (X kg), threefold.

From 2007 to 2018, the average annual rate of growth in terms of volume to Japan totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (-X% per year) and the United Arab Emirates (-X% per year).

In value terms, the largest markets for pig fat exported from the Philippines were South Korea ($X), Japan ($X) and the United Arab Emirates ($X), together comprising X% of total exports.

In terms of the main countries of destination, South Korea recorded the highest growth rate of exports, over the last eleven years, while the other leaders experienced a decline.

Export Prices by Country

In 2018, the average pig fat export price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the pig fat export price, however, continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% y-o-y. Over the period under review, the average export prices for pig fat reached their maximum at $X per ton in 2007; however, from 2008 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was South Korea ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to South Korea, while the prices for the other major destinations experienced a decline.

Pig Fat Imports

Imports into the Philippines

In 2018, the imports of pig fat into the Philippines amounted to X tons, growing by X% against the previous year. In general, pig fat imports continue to indicate strong growth. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Imports peaked in 2018 and are likely to see steady growth in the immediate term.

In value terms, pig fat imports amounted to $X in 2018. Overall, pig fat imports continue to indicate buoyant growth. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, pig fat imports attained their peak figure in 2018 and are likely to continue its growth in the immediate term.

Imports by Country

Spain (X tons), Germany (X tons) and France (X tons) were the main suppliers of pig fat imports to the Philippines, together accounting for X% of total imports. The Netherlands, Belgium, Canada, Denmark and Ireland lagged somewhat behind, together accounting for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Ireland, while the other leaders experienced more modest paces of growth.

In value terms, the largest pig fat suppliers to the Philippines were Spain ($X), Germany ($X) and France ($X), with a combined X% share of total imports. These countries were followed by Belgium, the Netherlands, Canada, Ireland and Denmark, which together accounted for a further X recorded the highest rates of growth with regard to imports, in terms of the main suppliers over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average pig fat import price amounted to $X per ton, picking up by X% against the previous year. Overall, the import price indicated a strong 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 import price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. Over the period under review, the average import prices for pig fat attained their peak figure at $X per ton in 2014; however, from 2015 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was France ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Canada, while the prices for the other major suppliers 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 pig fat in the world?
+
The countries with the highest volumes of in 2021 were Spain, China and France, together accounting for 43% of global consumption.
What are the largest producers of pig fat in the world?
+
The country with the largest volume of pig fat production was Spain, comprising approx. 34% of total volume. Moreover, pig fat production in Spain exceeded the figures recorded by the second-largest producer, Germany, threefold. The third position in this ranking was occupied by France, with a 7.6% share.
What are the leading suppliers of pig fat to the Philippines?
+
In value terms, the largest pig fat suppliers to the Philippines were Spain, France and Canada, with a combined 66% share of total imports. These countries were followed by Belgium, the Netherlands, Sweden and Ireland, which together accounted for a further 29%.
What is the average export price for pig fat in the Philippines?
+
The average pig fat export price stood at $3,595 per ton in 2020, dropping by -40.4% against the previous year.
What is the average import price for pig fat in the Philippines?
+
In 2021, the average pig fat import price amounted to $1,154 per ton, with an increase of 2.2% against the previous year.

This report provides an in-depth analysis of the pig fat market in the Philippines. 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 2025.


Product coverage:
• Prodcom 10115040 - Pig fat free of lean meat, fresh, chilled, frozen, salted, in brine or smoked (excluding rendered)
Country coverage:
• Philippines

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the Philippines
• 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
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
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
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

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

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 In 2012–2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012–2021
Figure 5:
Trade Balance, In Physical Terms, 2012–2021
Figure 6:
Trade Balance, In Value Terms, 2012–2021
Figure 7:
Per Capita Consumption, 2012–2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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