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United Kingdom - Animal Fats And Oils - Market Analysis, Forecast, Size, Trends And Insights
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United Kingdom: Animal Fats Market Overview 2021

Animal Fats Market Size in the UK

In 2019, after two years of decline, there was growth in the UK animal fats market, when its value increased by X% to $X. Overall, consumption showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the market value increased by X% against the previous year. As a result, consumption attained the peak level of $X. From 2017 to 2019, the growth of the market failed to regain the momentum.

Animal Fats Production in the UK

In value terms, animal fats production surged to $X in 2019 estimated in export prices. Over the period under review, production enjoyed a prominent increase. The pace of growth appeared the most rapid in 2016 with an increase of X% year-to-year. As a result, production attained the peak level of $X. From 2017 to 2019, production growth remained at a somewhat lower figure.

Animal Fats Exports

Exports from the UK

In 2019, shipments abroad of animal fats and oils decreased by -X% to X tonnes, falling for the third consecutive year after two years of growth. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2010 when exports increased by X% y-o-y. Over the period under review, exports attained the maximum at X tonnes in 2016; however, from 2017 to 2019, exports failed to regain the momentum.

In value terms, animal fats exports expanded remarkably to $X in 2019. In general, exports, however, recorded prominent growth. The growth pace was the most rapid in 2011 when exports increased by X% y-o-y. As a result, exports attained the peak of $X. From 2012 to 2019, the growth exports failed to regain the momentum.

Exports by Country

Norway (X tonnes) was the main destination for animal fats exports from the UK, with a X% share of total exports. Moreover, animal fats exports to Norway exceeded the volume sent to the second major destination, Germany (X tonnes), more than tenfold.

From 2007 to 2019, the average annual rate of growth in terms of volume to Norway amounted to +X%.

In value terms, Norway ($X) and Germany ($X) appeared to be the largest markets for animal fats exported from the UK worldwide, together accounting for X% of total exports.

Germany (+X% per year) saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2019, the average animal fats export price amounted to $X per tonne, growing by X% against the previous year. In general, the export price, however, continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2018 an increase of X% y-o-y. Over the period under review, average export prices attained the peak figure at $X per tonne in 2007; however, from 2008 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per tonne), while the average price for exports to Norway totaled $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Germany.

Animal Fats Imports

Imports into the UK

In 2019, overseas purchases of animal fats and oils increased by X% to X tonnes, rising for the third year in a row after four years of decline. In general, imports saw prominent growth. The growth pace was the most rapid in 2012 when imports increased by X% year-to-year. As a result, imports attained the peak of X tonnes. From 2013 to 2019, the growth imports remained at a somewhat lower figure.

In value terms, animal fats imports surged to $X in 2019. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2012 when imports increased by X% year-to-year. Imports peaked in 2019 and are expected to retain growth in the immediate term.

Imports by Country

Belgium (X tonnes), the Netherlands (X tonnes) and France (X tonnes) were the main suppliers of animal fats imports to the UK, together accounting for X% of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, Chile ($X) constituted the largest supplier of animal fats to the UK, comprising X% of total imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total imports. It was followed by Belgium, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value from Chile amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Belgium (+X% per year).

Import Prices by Country

In 2019, the average animal fats import price amounted to $X per tonne, approximately reflecting the previous year. In general, import price indicated a mild expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, animal fats import price increased by +X% against 2012 indices. The pace of growth appeared the most rapid in 2010 when the average import price increased by X% year-to-year. Over the period under review, average import prices attained the maximum in 2019 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Chile ($X per tonne), while the price for Ireland ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by France, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for animal fats and oils in the world?
+
China (400K tonnes) constituted the country with the largest volume of animal fats consumption, comprising approx. 16% of total volume. Moreover, animal fats consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (184K tonnes), twofold. The third position in this ranking was occupied by Italy (160K tonnes), with a 6.3% share.
What are the largest producers of animal fats and oils in the world?
+
The country with the largest volume of animal fats production was China (404K tonnes), accounting for 16% of total volume. Moreover, animal fats production in China exceeded the figures recorded by the second-largest producer, the U.S. (183K tonnes), twofold. The third position in this ranking was occupied by Italy (160K tonnes), with a 6.3% share.
What are the leading suppliers of animal fats and oils to the UK?
+
In value terms, Chile ($9.4M) constituted the largest supplier of animal fats to the UK, comprising 46% of total imports. The second position in the ranking was occupied by the Netherlands ($2.2M), with a 11% share of total imports. It was followed by Belgium, with a 11% share.
What are the leading importers of animal fats and oils from the UK?
+
In value terms, Norway ($8.3M) and Germany ($4.6M) constituted the largest markets for animal fats exported from the UK worldwide, with a combined 69% share of total exports.
What is the average export price for animal fats and oils in the UK?
+
In 2019, the average animal fats export price amounted to $2,430 per tonne, growing by 21% against the previous year.
What is the average import price for animal fats and oils in the UK?
+
In 2019, the average animal fats import price amounted to $3,572 per tonne, therefore, remained relatively stable against the previous year.

Product coverage:
• Prodcom 10416030 - Animal fats and oils and their fractions partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, but not further prepared (including refined)

This report provides an in-depth analysis of the animal fats market in the UK. 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.


Country coverage:
• United Kingdom

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the UK
• 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
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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
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, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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