Report Update Apr 1, 2024

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

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Portugal: Rendered Pig Fat Market 2024

Rendered Pig Fat Market Size in Portugal

In 2022, the Portuguese rendered pig fat market increased by X% to $X, rising for the third year in a row after four years of decline. Over the period under review, consumption, however, saw a pronounced curtailment. Rendered pig fat consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Rendered Pig Fat Production in Portugal

In value terms, rendered pig fat production soared to $X in 2022 estimated in export price. Over the period under review, production enjoyed a buoyant expansion. As a result, production reached the peak level and is likely to continue growth in the immediate term.

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Rendered Pig Fat Exports

Exports from Portugal

In 2022, approx. X tons of lard and other pig fat (rendered) were exported from Portugal; dropping by X% compared with 2021 figures. In general, exports, however, enjoyed a buoyant increase. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports reached the peak of X tons, and then contracted rapidly in the following year.

In value terms, rendered pig fat exports shrank to $X in 2022. Overall, exports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then dropped in the following year.

Exports by Country

Spain (X tons) was the main destination for rendered pig fat exports from Portugal, accounting for a X% share of total exports. It was followed by Denmark (X tons), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Spain totaled X%.

In value terms, Spain ($X) remains the key foreign market for lard and other pig fat (rendered) exports from Portugal, comprising X% of total exports. The second position in the ranking was taken by Denmark ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Spain amounted to X%.

Export Prices by Country

The average rendered pig fat export price stood at $X per ton in 2022, rising by X% against the previous year. In general, the export price, however, continues to indicate a noticeable reduction. The pace of growth was the most pronounced in 2020 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to Spain amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (X%).

Rendered Pig Fat Imports

Imports into Portugal

In 2022, approx. X tons of lard and other pig fat (rendered) were imported into Portugal; with a decrease of X% on 2021 figures. Over the period under review, imports continue to indicate a dramatic setback. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, rendered pig fat imports contracted markedly to $X in 2022. Overall, imports showed a abrupt shrinkage. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Spain (X tons) was the main rendered pig fat supplier to Portugal, with a X% share of total imports. Moreover, rendered pig fat imports from Spain exceeded the figures recorded by the second-largest supplier, France (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain totaled X%.

In value terms, Spain ($X) constituted the largest supplier of lard and other pig fat (rendered) to Portugal, comprising X% of total imports. The second position in the ranking was taken by France ($X), with an X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Spain amounted to X%.

Import Prices by Country

In 2022, the average rendered pig fat import price amounted to $X per ton, rising by X% against the previous year. In general, the import price posted pronounced growth. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Spain amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%).

Source: IndexBox Platform

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, together accounting for 60% of global consumption. Poland, the Netherlands, Germany, Belgium and Italy lagged somewhat behind, together accounting for 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 Portugal?

In value terms, Spain constituted the largest supplier of lard and other pig fat rendered) to Portugal, comprising 89% of total imports. The second position in the ranking was held by France, with an 8.4% share of total imports.

What are the leading importers of lard and other pig fat (rendered) from Portugal?

In value terms, Spain remains the key foreign market for lard and other pig fat rendered) exports from Portugal, comprising 90% of total exports. The second position in the ranking was taken by Denmark, with a 3.4% share of total exports.

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

The average rendered pig fat export price stood at $521 per ton in 2022, picking up by 7.4% against the previous year.

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

The average rendered pig fat import price stood at $1,671 per ton in 2022, growing by 47% against the previous year.

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

Portugal

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Portugal
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023