Report Update Nov 1, 2024

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

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Belarus: Rendered Pig Fat Market 2024

Rendered Pig Fat Market Size in Belarus

The Belarusian rendered pig fat market amounted to $X in 2021, with an increase of 2.6% against the previous year. Overall, consumption posted a prominent increase. Over the period under review, the market attained the peak level in 2021 and is expected to retain growth in the near future.

Rendered Pig Fat Production in Belarus

In value terms, rendered pig fat production dropped to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a noticeable descent. The growth pace was the most rapid in 2020 with an increase of 12%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Rendered Pig Fat Exports

Exports from Belarus

In 2021, the amount of lard and other pig fat (rendered) exported from Belarus fell sharply to X tons, declining by -21.1% on 2020 figures. Over the period under review, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2013 with an increase of 36% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, rendered pig fat exports skyrocketed to $X in 2021. Overall, exports saw a deep reduction. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Russia (X tons) was the main destination for rendered pig fat exports from Belarus, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia amounted to -13.4%.

In value terms, Russia ($X) also remains the key foreign market for lard and other pig fat (rendered) exports from Belarus.

From 2012 to 2021, the average annual growth rate of value to Russia stood at -11.0%.

Export Prices by Country

The average rendered pig fat export price stood at $X per ton in 2021, increasing by 99% against the previous year. Over the period under review, export price indicated a perceptible expansion from 2012 to 2021: its price increased at an average annual rate of +2.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2021, the rate of growth in terms of prices for Russia amounted to +2.8% per year.

Rendered Pig Fat Imports

Imports into Belarus

In 2021, after eight years of decline, there was significant growth in supplies from abroad of lard and other pig fat (rendered), when their volume increased by 119% to X kg. Overall, imports, however, recorded a sharp decrease. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, rendered pig fat imports surged to $X in 2021. In general, imports, however, continue to indicate a significant curtailment. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Russia (X kg) was the main supplier of rendered pig fat to Belarus, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Russia totaled -42.0%.

In value terms, Russia ($X) constituted the largest supplier of lard and other pig fat (rendered) to Belarus.

From 2012 to 2021, the average annual rate of growth in terms of value from Russia amounted to -33.5%.

Import Prices by Country

The average rendered pig fat import price stood at $X per ton in 2021, shrinking by -32.2% against the previous year. Over the period under review, the import price, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2018 an increase of 85% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2020, and then contracted sharply in the following year.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From 2012 to 2021, the rate of growth in terms of prices for Russia amounted to +14.7% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lard and other pig fat (rendered) in the world?

The country with the largest volume of rendered pig fat consumption was Spain, accounting for 34% of total volume. Moreover, rendered pig fat consumption in Spain exceeded the figures recorded by the second-largest consumer, Germany, threefold. The third position in this ranking was occupied by the Netherlands, with a 10% share.

What are the largest producers of lard and other pig fat (rendered) in the world?

The countries with the highest volumes of rendered pig fat production in 2020 were the United States, Spain and Germany, together comprising 60% of global production. These countries were followed by the Netherlands, France, Poland, Italy, Belgium, Denmark, Canada and Sweden, which together accounted for a further 35%.

What are the leading suppliers of lard and other pig fat (rendered) to Belarus?

In value terms, Russia $200) constituted the largest supplier of rendered pig fat to Belarus.

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

In value terms, Russia remains the key foreign market for rendered pig fat exports from Belarus, comprising 97% of total exports. The second position in the ranking was occupied by Kazakhstan, with a 3.1% share of total exports.

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

In 2020, the average rendered pig fat export price amounted to $693 per ton, with a decrease of -11.7% against the previous year.

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

In 2020, the average rendered pig fat import price amounted to $2,461 per ton, increasing by 2.2% against the previous year.

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

Belarus

Data coverage:

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