MENA: Rendered Pig Fat Market 2025

Rendered Pig Fat Market Size in MENA

In 2021, the MENA's rendered pig fat market decreased by -0.5% to $X for the first time since 2017, thus ending a three-year rising trend. Over the period under review, consumption, however, saw a abrupt setback. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Rendered Pig Fat Production in MENA

In value terms, rendered pig fat production contracted modestly to $X in 2021 estimated in export price. The total production indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +3.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +67.9% against 2015 indices. The pace of growth appeared the most rapid in 2018 with an increase of 40% against the previous year. The level of production peaked at $X in 2020, and then shrank modestly in the following year.

Rendered Pig Fat Exports

Exports in MENA

In 2021, approx. X tons of lard and other pig fat (rendered) were exported in MENA; growing by 16,804% compared with 2020. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, rendered pig fat exports soared to $X in 2021. In general, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Israel (X tons) was the main exporter of lard and other pig fat (rendered) in MENA, achieving 99% of total export.

Israel experienced a relatively flat trend pattern with regard to volume of exports of lard and other pig fat (rendered). Israel (+98 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

From 2013 to 2021, the average annual growth rate of value in Israel was relatively modest.

Export Prices by Country

The export price in MENA stood at $X per ton in 2021, dropping by -69.4% against the previous year. Overall, the export price recorded a abrupt downturn. The pace of growth appeared the most rapid in 2016 an increase of 79%. Over the period under review, the export prices hit record highs at $X per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

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

From 2013 to 2021, the rate of growth in terms of prices for Israel amounted to 0.0% per year.

Rendered Pig Fat Imports

Imports in MENA

In 2021, supplies from abroad of lard and other pig fat (rendered) increased by 44% to X tons, rising for the third year in a row after three years of decline. Overall, imports, however, recorded a perceptible curtailment. The pace of growth appeared the most rapid in 2019 with an increase of 111% against the previous year. The volume of import peaked 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, saw a pronounced slump. The pace of growth was the most pronounced in 2019 when imports increased by 49% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Israel was the main importer of lard and other pig fat (rendered) in MENA, with the volume of imports reaching X tons, which was approx. 55% of total imports in 2021. The United Arab Emirates (X tons) ranks second in terms of the total imports with a 24% share, followed by Saudi Arabia (13%). Oman (X tons) and Tunisia (X tons) followed a long way behind the leaders.

Imports into Israel increased at an average annual rate of +2.6% from 2012 to 2021. At the same time, Oman (+132.5%) and Saudi Arabia (+33.6%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing importer imported in MENA, with a CAGR of +132.5% from 2012-2021. By contrast, Tunisia (-3.0%) and the United Arab Emirates (-15.1%) illustrated a downward trend over the same period. Israel (+27 p.p.), Saudi Arabia (+12 p.p.) and Oman (+4.1 p.p.) significantly strengthened its position in terms of the total imports, while the United Arab Emirates saw its share reduced by -42.2% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest rendered pig fat importing markets in MENA were Israel ($X), Saudi Arabia ($X) and the United Arab Emirates ($X), with a combined 82% share of total imports. These countries were followed by Oman and Tunisia, which together accounted for a further 14%.

Oman, with a CAGR of +106.7%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2021, the import price in MENA amounted to $X per ton, remaining stable against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.3%. The pace of growth was the most pronounced in 2014 an increase of 35% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Oman ($X per ton), while Israel ($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 Arab Emirates (+11.6%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform