Report World - Animal Fats and Oils - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jul 24, 2022

World - Animal Fats and Oils - Market Analysis, Forecast, Size, Trends and Insights

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Global Animal Fats Market 2022

Animal Fats Market Size

In 2021, the global animal fats market decreased by -X% to $X for the first time since 2018, thus ending a two-year rising trend. Overall, consumption, however, saw a prominent increase. As a result, consumption attained the peak level of $X, and then dropped dramatically in the following year.

Animal Fats Production

In value terms, animal fats production dropped remarkably to $X in 2021 estimated in export price. Overall, production, however, showed a strong increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X, and then reduced sharply in the following year.

Production By Country

The countries with the highest volumes of in 2021 were China (X tons), the United States (X tons) and India (X tons), together accounting for X% of global production. These countries were followed by Italy, Japan, Russia, Germany, Brazil, Pakistan, Indonesia, Bangladesh, France and Mexico, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of production, amongst the key producing countries, was attained by Italy (with a CAGR of +X%), while production for the other global leaders experienced more modest paces of growth.

Animal Fats Exports

Exports

In 2021, shipments abroad of animal fats and oils increased by X% to X tons, rising for the second year in a row after three years of decline. In general, total exports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2019 indices. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the global exports reached the maximum at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, animal fats exports surged to $X in 2021. Overall, total exports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Belgium was the major exporting country with an export of about X tons, which reached X% of total exports. Egypt (X tons) held an X% share (based on physical terms) of total exports, which put it in second place, followed by Croatia (X%), Germany (X%) and Saudi Arabia (X%). The following exporters - Hungary (X tons), Chile (X tons), Canada (X tons), Mexico (X tons), the United States (X tons), Colombia (X tons), El Salvador (X tons) and Romania (X tons) - together made up X% of total exports.

Exports from Belgium increased at an average annual rate of +X% from 2012 to 2021. At the same time, Hungary (+X%), Canada (+X%), Romania (+X%), Egypt (+X%), Mexico (+X%), Croatia (+X%), Colombia (+X%), Chile (+X%), Saudi Arabia (+X%), El Salvador (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2012-2021. By contrast, the United States (-X%) illustrated a downward trend over the same period. Egypt (+X p.p.), Croatia (+X p.p.), Hungary (+X p.p.), Canada (+X p.p.), Mexico (+X p.p.), Chile (+X p.p.), Saudi Arabia (+X p.p.), Romania (+X p.p.) and Colombia (+X p.p.) significantly strengthened its position in terms of the global exports, while the United States saw its share reduced by -X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Chile ($X), Belgium ($X) and the United States ($X) constituted the countries with the highest levels of exports in 2021, with a combined X% share of global exports. Colombia, Germany, Croatia, Mexico, Hungary, Canada, El Salvador, Saudi Arabia, Romania and Egypt lagged somewhat behind, together comprising a further X terms of the main exporting countries, Hungary, with a CAGR of +X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average animal fats export price stood at $X per ton in 2021, jumping by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Chile ($X per ton), while Egypt ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+X%), while the other global leaders experienced more modest paces of growth.

Animal Fats Imports

Imports

In 2021, approx. X tons of animal fats and oils were imported worldwide; rising by X% on the previous year's figure. Over the period under review, imports saw a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. Global imports peaked in 2021 and are likely to see steady growth in years to come.

In value terms, animal fats imports expanded remarkably to $X in 2021. In general, imports showed strong growth. The pace of growth appeared the most rapid in 2020 when imports increased by X%. Global imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

Sweden was the key importer of animal fats and oils in the world, with the volume of imports finishing at X tons, which was approx. X% of total imports in 2021. Hungary (X tons) took the second position in the ranking, followed by Denmark (X tons) and Spain (X tons). All these countries together held approx. X% share of total imports. The UK (X tons), Latvia (X tons), Germany (X tons), Saudi Arabia (X tons), Chile (X tons), the United States (X tons), the Netherlands (X tons) and Romania (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to animal fats imports into Sweden stood at +X%. At the same time, Denmark (+X%), Chile (+X%), Romania (+X%), Spain (+X%), Latvia (+X%), the United States (+X%), Hungary (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, Denmark emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2012-2021. By contrast, the Netherlands (-X%), the UK (-X%) and Saudi Arabia (-X%) illustrated a downward trend over the same period. While the share of Sweden (+X p.p.), Denmark (+X p.p.), Spain (+X p.p.), Hungary (+X p.p.), Chile (+X p.p.) and Latvia (+X p.p.) increased significantly in terms of the global imports from 2012-2021, the share of the Netherlands (-X p.p.), Saudi Arabia (-X p.p.) and the UK (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest animal fats importing markets worldwide were Sweden ($X), the United States ($X) and Denmark ($X), with a combined X% share of global imports. Spain, the UK, the Netherlands, Saudi Arabia, Germany, Hungary, Romania, Latvia and Chile lagged somewhat behind, together accounting for a further X, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average animal fats import price amounted to $X per ton, shrinking by -X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2014 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was the United States ($X per ton), while Hungary ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence 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 animal fats and oils in the world?
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The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 25% share of global consumption. Italy, Japan, Russia, Germany, Pakistan, Brazil, Indonesia, Bangladesh, France and Mexico lagged somewhat behind, together accounting for a further 29%.
What are the largest producers of animal fats and oils in the world?
+
The countries with the highest volumes of in 2021 were China, the United States and India, together comprising 26% of global production. These countries were followed by Italy, Japan, Russia, Germany, Brazil, Pakistan, Indonesia, Bangladesh, France and Mexico, which together accounted for a further 29%.
What are the leading exporters of animal fats and oils in the world?
+
In value terms, the largest animal fats supplying countries worldwide were Chile, Belgium and the United States, together comprising 40% of global exports. Colombia, Germany, Croatia, Mexico, Hungary, Canada, El Salvador, Saudi Arabia, Romania and Egypt lagged somewhat behind, together accounting for a further 19%.
What are the leading importers of animal fats and oils in the world?
+
In value terms, the largest animal fats importing markets worldwide were Sweden, the United States and Denmark, together accounting for 44% of global imports. These countries were followed by Spain, the UK, the Netherlands, Saudi Arabia, Germany, Hungary, Romania, Latvia and Chile, which together accounted for a further 30%.
What is the average export price for animal fats and oils in the world?
+
In 2021, the average animal fats export price amounted to $2,784 per ton, growing by 21% against the previous year.
What is the average import price for animal fats and oils in the world?
+
In 2021, the average animal fats import price amounted to $2,598 per ton, declining by -4.6% against the previous year.

This report provides an in-depth analysis of the global animal fats market. 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 10416030 - Animal fats and oils and their fractions partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, but not further prepared (including refined)

Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• 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
REPORT DESCRIPTION
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
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

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. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2022
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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption, By Country, 2018–2022
Table 5:
Production, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Physical Terms, By Country, 2012–2022
Table 7:
Imports, In Value Terms, By Country, 2012–2022
Table 8:
Import Prices, By Country Of Destination, 2012–2022
Table 9:
Exports, In Physical Terms, By Country, 2012–2022
Table 10:
Exports, In Value Terms, By Country, 2012–2022
Table 11:
Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Consumption, By Country, 2022
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2022
Figure 17:
Production, In Value Terms, 2012–2022
Figure 18:
Production, By Country, 2022
Figure 19:
Production, In Physical Terms, By Country, 2012–2022
Figure 20:
Imports, In Physical Terms, 2012–2022
Figure 21:
Imports, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, By Country, 2022
Figure 23:
Imports, In Physical Terms, By Country, 2012–2022
Figure 24:
Imports, In Value Terms, By Country, 2012–2022
Figure 25:
Import Prices, By Country, 2012–2022
Figure 26:
Exports, In Physical Terms, 2012–2022
Figure 27:
Exports, In Value Terms, 2012–2022
Figure 28:
Exports, In Physical Terms, By Country, 2022
Figure 29:
Exports, In Physical Terms, By Country, 2012–2022
Figure 30:
Exports, In Value Terms, By Country, 2012–2022
Figure 31:
Export Prices, 2012–2022
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