France: Pig Fat Market 2020

Pig Fat Market Size in France

The revenue of the pig fat market in France amounted to $X in 2018, dropping by -X% against the previous year. In general, pig fat consumption continues to indicate a pronounced downturn. The pace of growth appeared the most rapid in 2014 when the market value increased by X% against the previous year. Pig fat consumption peaked at $X in 2012; however, from 2013 to 2018, consumption remained at a lower figure.

Pig Fat Production in France

In value terms, pig fat production totaled $X in 2018 estimated in export prices. Overall, pig fat production, however, continues to indicate a perceptible curtailment. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, pig fat production attained its maximum level at $X in 2012; however, from 2013 to 2018, production remained at a lower figure.

Pig Fat Exports

Exports from France

In 2018, the amount of pig fat exported from France stood at X tons, growing by X% against the previous year. In general, pig fat exports, however, continue to indicate a drastic deduction. The pace of growth appeared the most rapid in 2016 with an increase of X% y-o-y. Over the period under review, pig fat exports attained their maximum at X tons in 2009; however, from 2010 to 2018, exports failed to regain their momentum.

In value terms, pig fat exports amounted to $X in 2018. Over the period under review, pig fat exports, however, continue to indicate a moderate shrinkage. The most prominent rate of growth was recorded in 2008 when exports increased by X% y-o-y. Exports peaked at $X in 2009; however, from 2010 to 2018, exports remained at a lower figure.

Exports by Country

Russia (X tons) was the main destination for pig fat exports from France, accounting for a X% share of total exports. Moreover, pig fat exports to Russia exceeded the volume sent to the second major destination, China (X tons), more than tenfold. Spain (X tons) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Russia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+X% per year) and Spain (-X% per year).

In value terms, Russia ($X) remains the key foreign market for pig fat exports from France, comprising X% of total pig fat exports. The second position in the ranking was occupied by China ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

From 2007 to 2018, the average annual growth rate of value to Russia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-X% per year) and Spain (-X% per year).

Export Prices by Country

In 2018, the average pig fat export price amounted to $X per ton, growing by X% against the previous year. In general, the export price indicated a modest expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, pig fat export price increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2008 when the average export price increased by X% y-o-y. In that year, the average export prices for pig fat reached their peak level of $X per ton. From 2009 to 2018, the growth in terms of the average export prices for pig fat remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Russia ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Denmark, while the prices for the other major destinations experienced mixed trend patterns.

Pig Fat Imports

Imports into France

In 2018, the pig fat imports into France amounted to X tons, lowering by -X% against the previous year. In general, pig fat imports continue to indicate a deep decline. The pace of growth was the most pronounced in 2014 when imports increased by X% y-o-y. Over the period under review, pig fat imports reached their peak figure at X tons in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, pig fat imports stood at $X in 2018. In general, pig fat imports continue to indicate an abrupt curtailment. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, pig fat imports attained their peak figure at $X in 2009; however, from 2010 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, Italy (X tons) constituted the largest supplier of pig fat to France, accounting for a X% share of total imports. Moreover, pig fat imports from Italy exceeded the figures recorded by the second-largest supplier, Spain (X tons), twofold. The third position in this ranking was occupied by Belgium (X tons), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume from Italy amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-X% per year) and Belgium (+X% per year).

In value terms, the largest pig fat suppliers to France were Italy ($X), Belgium ($X) and Spain ($X), with a combined X% share of total imports.

Belgium experienced the highest rates of growth with regard to imports, in terms of the main suppliers over the last eleven years, while the other leaders experienced mixed trend patterns.

Import Prices by Country

The average pig fat import price stood at $X per ton in 2018, going up by X% against the previous year. Over the period under review, the pig fat import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the average import price increased by X% year-to-year. Over the period under review, the average import prices for pig fat reached their peak figure at $X per ton in 2009; however, from 2010 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Belgium ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Belgium, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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