Report Update Feb 1, 2025

Northern America - Pig Fat - Market Analysis, Forecast, Size, Trends and Insights

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Northern America: Pig Fat Market 2020

Pig Fat Market Size in Northern America

The revenue of the pig fat market in Northern America amounted to $X in 2018, coming down by -X% against the previous year. In general, pig fat consumption continues to indicate a significant contraction. The pace of growth was the most pronounced in 2017 with an increase of X% year-to-year. The level of pig fat consumption peaked at $X in 2008; however, from 2009 to 2018, consumption stood at a somewhat lower figure.

Pig Fat Production in Northern America

In value terms, pig fat production amounted to $X in 2018 estimated in export prices. Overall, pig fat production continues to indicate a measured reduction. The pace of growth appeared the most rapid in 2017 when production volume increased by X% year-to-year. The level of pig fat production peaked at $X in 2007; however, from 2008 to 2018, production failed to regain its momentum.

Production By Country in Northern America

The country with the largest volume of pig fat production was the U.S. (X tons), accounting for X% of total production.

In the U.S., pig fat production contracted by an average annual rate of -X% over the period from 2007-2018.

Pig Fat Exports

Exports in Northern America

In 2018, the pig fat exports in Northern America stood at X tons, picking up by X% against the previous year. Overall, pig fat exports continue to indicate a pronounced expansion. The pace of growth was the most pronounced in 2017 with an increase of X% y-o-y. Over the period under review, pig fat exports attained their maximum in 2018 and are likely to see steady growth in the immediate term.

In value terms, pig fat exports amounted to $X in 2018. Overall, pig fat exports continue to indicate a tangible expansion. The pace of growth appeared the most rapid in 2016 when exports increased by X% year-to-year. Over the period under review, pig fat exports reached their peak figure in 2018 and are expected to retain its growth in the near future.

Exports by Country

In 2018, the U.S. (X tons) represented the key exporters of pig fat in Northern America, constituting X% of total export.

The U.S. was also the fastest-growing in terms of the pig fat exports, with a CAGR of +X% from 2007 to 2018. From 2007 to 2018, the share of the U.S. increased by +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) also remains the largest pig fat supplier in Northern America.

In the U.S., pig fat exports expanded at an average annual rate of +X% over the period from 2007-2018.

Export Prices by Country

The pig fat export price in Northern America stood at $X per ton in 2018, remaining constant against the previous year. In general, the pig fat export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 when the export price increased by X% y-o-y. Over the period under review, the export prices for pig fat attained their peak figure at $X per ton in 2011; however, from 2012 to 2018, export prices stood at a somewhat lower figure.

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

From 2007 to 2018, the rate of growth in terms of prices for the U.S. amounted to -X% per year.

Pig Fat Imports

Imports in Northern America

In 2018, approx. X tons of pig fat were imported in Northern America; growing by X% against the previous year. In general, pig fat imports continue to indicate a resilient increase. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. Over the period under review, pig fat imports reached their peak figure in 2018 and are likely to continue its growth in the immediate term.

In value terms, pig fat imports stood at $X in 2018. In general, pig fat imports continue to indicate strong growth. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, pig fat imports reached their maximum in 2018 and are expected to retain its growth in the immediate term.

Imports by Country

The U.S. prevails in pig fat imports structure, finishing at X tons, which was near X% of total imports in 2018. It was distantly followed by Canada (X tons), constituting a X% share of total imports.

The U.S. was also the fastest-growing in terms of the pig fat imports, with a CAGR of +X% from 2007 to 2018. At the same time, Canada (+X%) displayed positive paces of growth. While the share of the U.S. (+X p.p.) and Canada (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported pig fat in Northern America, comprising X% of total pig fat imports. The second position in the ranking was occupied by Canada ($X), with a X% share of total imports.

In the U.S., pig fat imports increased at an average annual rate of +X% over the period from 2007-2018.

Import Prices by Country

The pig fat import price in Northern America stood at $X per ton in 2018, falling by -X% against the previous year. Over the last eleven years, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008 an increase of X% year-to-year. The level of import price peaked at $X per ton in 2009; however, from 2010 to 2018, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2018, the country with the highest price was the U.S. ($X per ton), while Canada amounted to $X per ton.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S..

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for pig fat in Northern America?

The country with the largest volume of pig fat consumption was the United States, accounting for 69% of total volume. Moreover, pig fat consumption in the United States exceeded the figures recorded by the second-largest consumer, Canada, twofold.

What are the largest producers of pig fat in Northern America?

The countries with the highest volumes of in 2021 were Canada and the United States.

What are the leading suppliers of pig fat in Northern America?

In value terms, Canada remains the largest pig fat supplier in Northern America, comprising 67% of total exports. The second position in the ranking was occupied by the United States, with a 33% share of total exports.

What are the leading importers of pig fat in Northern America?

In value terms, the United States constitutes the largest market for imported pig fat in Northern America, comprising 97% of total imports. The second position in the ranking was occupied by Canada, with a 2.9% share of total imports.

What is the average export price for pig fat in Northern America?

The export price in Northern America stood at $1,152 per ton in 2021, declining by -4.4% against the previous year.

What is the average import price for pig fat in Northern America?

In 2021, the import price in Northern America amounted to $1,586 per ton, waning by -11.1% against the previous year.

This report provides an in-depth analysis of the pig fat market in Northern America. 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:

Bermuda
Canada
Greenland
Saint Pierre and Miquelon
United States

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Northern America, split by region and country
Trade (exports and imports) in Northern America
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. CONSUMPTION BY COUNTRY
3. 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
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
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
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Bermuda
- Canada
- Greenland
- Saint Pierre and Miquelon
- United States
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, By Country, 2018–2024
5. Production, In Physical Terms, By Country, 2012–2024
6. Imports, In Physical Terms, By Country, 2012–2024
7. Imports, In Value Terms, By Country, 2012–2024
8. Import Prices, By Country Of Destination, 2012–2024
9. Exports, In Physical Terms, By Country, 2012–2024
10. Exports, In Value Terms, By Country, 2012–2024
11. Export Prices, By Country Of Origin, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Consumption, By Country, 2024
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2024
18. Production, In Value Terms, 2012–2024
19. Production, By Country, 2024
20. Production, In Physical Terms, By Country, 2012–2024
21. Imports, In Physical Terms, 2012–2024
22. Imports, In Value Terms, 2012–2024
23. Imports, In Physical Terms, By Country, 2024
24. Imports, In Physical Terms, By Country, 2012–2024
25. Imports, In Value Terms, By Country, 2012–2024
26. Import Prices, By Country, 2012–2024
27. Exports, In Physical Terms, 2012–2024
28. Exports, In Value Terms, 2012–2024
29. Exports, In Physical Terms, By Country, 2024
30. Exports, In Physical Terms, By Country, 2012–2024
31. Exports, In Value Terms, By Country, 2012–2024
32. Export Prices, 2012–2024