Poland: Pig Fat Market 2020

Pig Fat Market Size in Poland

The revenue of the pig fat market in Poland amounted to $X in 2018, jumping by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. Pig fat consumption peaked in 2018 and is likely to continue its growth in the near future.

Pig Fat Production in Poland

In value terms, pig fat production stood at $X in 2018 estimated in export prices. Over the period under review, the total output indicated remarkable growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, pig fat production increased by +X% against 2014 indices. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. Pig fat production peaked at $X in 2012; however, from 2013 to 2018, production remained at a lower figure.

Pig Fat Exports

Exports from Poland

Pig fat exports from Poland totaled X tons in 2018, increasing by X% against the previous year. Over the period under review, the total exports indicated a resilient expansion from 2007 to 2018: its volume 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. The growth pace was the most rapid in 2008 when exports increased by X% year-to-year. Over the period under review, pig fat exports reached their maximum at X tons in 2013; however, from 2014 to 2018, exports stood at a somewhat lower figure.

In value terms, pig fat exports stood at $X in 2018. In general, pig fat exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Exports peaked at $X in 2012; however, from 2013 to 2018, exports failed to regain their momentum.

Exports by Country

Ukraine (X tons) was the main destination for pig fat exports from Poland, accounting for a X% share of total exports. Moreover, pig fat exports to Ukraine exceeded the volume sent to the second major destination, Belarus (X tons), fivefold. Uzbekistan (X tons) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to Ukraine amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (+X% per year) and Uzbekistan (+X% per year).

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

From 2007 to 2018, the average annual growth rate of value to Ukraine amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (+X% per year) and Germany (+X% per year).

Export Prices by Country

The average pig fat export price stood at $X per ton in 2018, coming down by -X% against the previous year. Over the period under review, the pig fat export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the average export price increased by X% against the previous year. Over the period under review, the average export prices for pig fat attained their maximum at $X per ton in 2012; however, from 2013 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Belarus ($X per ton), while the average price for exports to Uzbekistan ($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 Belarus, while the prices for the other major destinations experienced more modest paces of growth.

Pig Fat Imports

Imports into Poland

In 2018, the pig fat imports into Poland stood at X tons, picking up by X% against the previous year. Overall, pig fat imports continue to indicate a strong increase. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Over the period under review, pig fat imports attained their peak figure in 2018 and are expected to retain its growth in the immediate term.

In value terms, pig fat imports stood at $X in 2018. Overall, pig fat imports continue to indicate remarkable growth. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. In that year, pig fat imports attained their peak of $X. From 2009 to 2018, the growth of pig fat imports remained at a lower figure.

Imports by Country

In 2018, Germany (X tons) constituted the largest pig fat supplier to Poland, with a X% share of total imports. Moreover, pig fat imports from Germany exceeded the figures recorded by the second-largest supplier, Denmark (X tons), threefold. The third position in this ranking was occupied by Lithuania (X tons), with a X% share.

From 2007 to 2018, the average annual growth rate of volume from Germany totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+X% per year) and Lithuania (+X% per year).

In value terms, Germany ($X) constituted the largest supplier of pig fat to Poland, comprising X% of total pig fat imports. The second position in the ranking was occupied by Denmark ($X), with a X% share of total imports. It was followed by Lithuania, with a X% share.

From 2007 to 2018, the average annual growth rate of value from Germany stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+X% per year) and Lithuania (+X% per year).

Import Prices by Country

The average pig fat import price stood at $X per ton in 2018, reducing by -X% against the previous year. In general, the pig fat import price continues to indicate a slight descent. The pace of growth was the most pronounced in 2011 an increase of X% year-to-year. The import price peaked at $X per ton in 2008; however, from 2009 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 Portugal ($X per ton), while the price for Romania ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Lithuania, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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