Sweden: Rendered Pig Fat Market 2024

Rendered Pig Fat Market Size in Sweden

In 2022, the Swedish rendered pig fat market increased by X% to $X, rising for the second year in a row after four years of decline. Overall, consumption, however, faced a drastic downturn. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Rendered Pig Fat Production in Sweden

In value terms, rendered pig fat production surged to $X in 2022 estimated in export price. Overall, the total production indicated a tangible expansion 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 2014 indices. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Rendered Pig Fat Exports

Exports from Sweden

In 2022, shipments abroad of lard and other pig fat (rendered) decreased by X% to X tons, falling for the second consecutive year after four years of growth. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, rendered pig fat exports surged to $X in 2022. In general, exports, however, saw a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

Exports by Country

The Netherlands (X tons) was the main destination for rendered pig fat exports from Sweden, with a X% share of total exports. Moreover, rendered pig fat exports to the Netherlands exceeded the volume sent to the second major destination, France (X tons), threefold. Poland (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Poland (X% per year).

In value terms, the Netherlands ($X) remains the key foreign market for lard and other pig fat (rendered) exports from Sweden, comprising X% of total exports. The second position in the ranking was held by France ($X), with a X% share of total exports. It was followed by Poland, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the Netherlands totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Poland (X% per year).

Export Prices by Country

The average rendered pig fat export price stood at $X per ton in 2022, growing by X% against the previous year. Overall, the export price showed notable growth. The pace of growth appeared the most rapid in 2021 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (X%), while the prices for the other major destinations experienced more modest paces of growth.

Rendered Pig Fat Imports

Imports into Sweden

In 2022, rendered pig fat imports into Sweden soared to X tons, with an increase of X% against the year before. In general, imports, however, showed a sharp downturn. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, rendered pig fat imports skyrocketed to $X in 2022. Overall, imports, however, faced a dramatic downturn. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Denmark (X tons) constituted the largest supplier of rendered pig fat to Sweden, accounting for a X% share of total imports. Moreover, rendered pig fat imports from Denmark exceeded the figures recorded by the second-largest supplier, China (X tons), eightfold. Poland (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Denmark amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Poland (X% per year).

In value terms, Denmark ($X) constituted the largest supplier of lard and other pig fat (rendered) to Sweden, comprising X% of total imports. The second position in the ranking was held by China ($X), with an X% share of total imports. It was followed by Poland, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Denmark totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Poland (X% per year).

Import Prices by Country

In 2022, the average rendered pig fat import price amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the import price, however, recorded a resilient increase. The growth pace was the most rapid in 2021 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton, and then dropped remarkably in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($X per ton) and Poland ($X per ton), while the price for China ($X per ton) and Denmark ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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