Poland: Rendered Pig Fat Market 2024

Rendered Pig Fat Market Size in Poland

The Polish rendered pig fat market surged to $X in 2021, growing by 38% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Rendered Pig Fat Production in Poland

In value terms, rendered pig fat production soared to $X in 2021 estimated in export price. In general, production showed a relatively flat trend pattern. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Rendered Pig Fat Exports

Exports from Poland

In 2021, the amount of lard and other pig fat (rendered) exported from Poland soared to X tons, growing by 30% against 2020. Over the period under review, exports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2017 when exports increased by 103%. The exports peaked in 2021 and are likely to see steady growth in years to come.

In value terms, rendered pig fat exports surged to $X in 2021. In general, exports continue to indicate a buoyant expansion. The growth pace was the most rapid in 2017 with an increase of 131%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

Exports by Country

The Netherlands (X tons) was the main destination for rendered pig fat exports from Poland, with a 53% share of total exports. Moreover, rendered pig fat exports to the Netherlands exceeded the volume sent to the second major destination, Hungary (X tons), fourfold. The third position in this ranking was taken by Belgium (X tons), with an 8.8% share.

From 2012 to 2021, the average annual growth rate of volume to the Netherlands amounted to +30.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+10.7% per year) and Belgium (+11.9% per year).

In value terms, the Netherlands ($X) remains the key foreign market for lard and other pig fat (rendered) exports from Poland, comprising 47% of total exports. The second position in the ranking was taken by Hungary ($X), with a 12% share of total exports. It was followed by the UK, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the Netherlands amounted to +35.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+10.2% per year) and the UK (+10.7% per year).

Export Prices by Country

In 2021, the average rendered pig fat export price amounted to $X per ton, rising by 41% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was France ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+10.7%), while the prices for the other major destinations experienced more modest paces of growth.

Rendered Pig Fat Imports

Imports into Poland

After four years of growth, overseas purchases of lard and other pig fat (rendered) decreased by -5.1% to X tons in 2021. Over the period under review, imports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 101%. As a result, imports attained the peak of X tons, and then shrank in the following year.

In value terms, rendered pig fat imports surged to $X in 2021. Overall, imports, however, enjoyed temperate growth. The most prominent rate of growth was recorded in 2020 with an increase of 79% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of rendered pig fat to Poland, with a 63% share of total imports. Moreover, rendered pig fat imports from Germany exceeded the figures recorded by the second-largest supplier, Slovakia (X tons), sixfold. Ukraine (X tons) ranked third in terms of total imports with a 10% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to +23.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (+6.5% per year) and Ukraine (+53.6% per year).

In value terms, Germany ($X) constituted the largest supplier of lard and other pig fat (rendered) to Poland, comprising 41% of total imports. The second position in the ranking was taken by Slovakia ($X), with a 21% share of total imports. It was followed by Ukraine, with a 15% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +12.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (+8.2% per year) and Ukraine (+60.4% per year).

Import Prices by Country

In 2021, the average rendered pig fat import price amounted to $X per ton, increasing by 44% against the previous year. Over the period under review, the import price, however, recorded a noticeable curtailment. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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