Report Update Jan 1, 2025

Brazil - Pig Fat - Market Analysis, Forecast, Size, Trends and Insights

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Brazil: Pig Fat Market 2025

Pig Fat Market Size in Brazil

The Brazilian pig fat market skyrocketed to $X in 2022, rising by 714% against the previous year. Overall, consumption showed a significant expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Pig Fat Production in Brazil

In value terms, pig fat production totaled $X in 2022 estimated in export price. Overall, production recorded a sharp decrease. The pace of growth appeared the most rapid in 2015 when the production volume increased by 399,437,300%. Pig fat production peaked at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Pig Fat Exports

Exports from Brazil

In 2022, the amount of pig fat exported from Brazil plummeted to X tons, falling by -81.3% on the previous year. In general, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2015 when exports increased by 998% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, pig fat exports contracted markedly to $X in 2022. Overall, exports showed a deep slump. The most prominent rate of growth was recorded in 2015 when exports increased by 737%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Uruguay (X tons) was the main destination for pig fat exports from Brazil, with a 79% share of total exports. Moreover, pig fat exports to Uruguay exceeded the volume sent to the second major destination, Argentina (X tons), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Uruguay amounted to -7.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (-28.8% per year) and China (-65.2% per year).

In value terms, Uruguay ($X) emerged as the key foreign market for pig fat exports from Brazil, comprising 77% of total exports. The second position in the ranking was held by Argentina ($X), with a 10% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Uruguay amounted to -6.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (-31.9% per year) and China (-60.3% per year).

Export Prices by Country

In 2022, the average pig fat export price amounted to $X per ton, shrinking by -4.8% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 46%. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then fell in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Argentina ($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 China (+14.1%), while the prices for the other major destinations experienced mixed trend patterns.

Pig Fat Imports

Imports into Brazil

In 2022, approx. X tons of pig fat were imported into Brazil; rising by 77% against 2021. Overall, imports posted a significant increase. The pace of growth was the most pronounced in 2014 when imports increased by 5,513%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, pig fat imports soared to $X in 2022. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 8,104%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Chile (X tons) was the main pig fat supplier to Brazil, with a 98% share of total imports. It was followed by Canada (X tons), with a 1.2% share of total imports.

From 2013 to 2022, the average annual rate of growth in terms of volume from Chile totaled +17.3%.

In value terms, Chile ($X) constituted the largest supplier of pig fat to Brazil, comprising 98% of total imports. The second position in the ranking was taken by Canada ($X), with a 1.4% share of total imports.

From 2013 to 2022, the average annual rate of growth in terms of value from Chile amounted to +14.9%.

Import Prices by Country

The average pig fat import price stood at $X per ton in 2022, growing by 2% against the previous year. Over the period from 2013 to 2022, it increased at an average annual rate of +2.4%. The pace of growth appeared the most rapid in 2014 an increase of 46%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per ton), while the price for Chile amounted to $X per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+4.3%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for pig fat in the world?

The countries with the highest volumes of in 2021 were Spain, China and France, together accounting for 43% of global consumption.

What are the largest producers of pig fat in the world?

Spain remains the largest pig fat producing country worldwide, comprising approx. 34% of total volume. Moreover, pig fat production in Spain exceeded the figures recorded by the second-largest producer, Germany, threefold. The third position in this ranking was occupied by France, with a 7.6% share.

What are the leading suppliers of pig fat to Brazil?

In value terms, Chile constituted the largest supplier of pig fat to Brazil, comprising 87% of total imports. The second position in the ranking was occupied by Canada, with a 13% share of total imports.

What are the leading importers of pig fat from Brazil?

In value terms, Uruguay remains the key foreign market for pig fat exports from Brazil, comprising 87% of total exports. The second position in the ranking was occupied by Hong Kong SAR, with a 2.5% share of total exports.

What is the average export price for pig fat in Brazil?

In 2021, the average pig fat export price amounted to $1,883 per ton, rising by 22% against the previous year.

What is the average import price for pig fat in Brazil?

In 2021, the average pig fat import price amounted to $1,671 per ton, waning by -7.1% against the previous year.

This report provides an in-depth analysis of the pig fat market in Brazil. 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 10115040 - Pig fat free of lean meat, fresh, chilled, frozen, salted, in brine or smoked (excluding rendered)

Country coverage:

Brazil

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Brazil
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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024