Romania: Rendered Pig Fat Market 2025

Rendered Pig Fat Market Size in Romania

In 2021, the Romanian rendered pig fat market increased by 8.2% to $X, rising for the second consecutive year after two years of decline. In general, consumption faced a deep downturn. Rendered pig fat consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Rendered Pig Fat Production in Romania

In value terms, rendered pig fat production surged to $X in 2021 estimated in export price. Over the period under review, production recorded a slight increase. The pace of growth was the most pronounced in 2013 with an increase of 57%. Rendered pig fat production peaked at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Rendered Pig Fat Exports

Exports from Romania

Rendered pig fat exports from Romania surged to X tons in 2021, growing by 79% against the year before. Overall, exports, however, recorded a slight slump. The pace of growth appeared the most rapid in 2018 when exports increased by 152%. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, rendered pig fat exports skyrocketed to $X in 2021. Over the period under review, exports recorded a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Slovakia (X tons), Bulgaria (X tons) and Hungary (X tons) were the main destinations of rendered pig fat exports from Romania, with a combined 91% share of total exports. These countries were followed by Germany, Lithuania and Greece, which together accounted for a further 7.9%.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +215.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Bulgaria ($X), Slovakia ($X) and Hungary ($X) constituted the largest markets for rendered pig fat exported from Romania worldwide, together comprising 82% of total exports.

Bulgaria, with a CAGR of +226.5%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average rendered pig fat export price stood at $X per ton in 2021, rising by 81% against the previous year. In general, the export price saw a slight increase. 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 foreign markets. In 2021, the country with the highest price was Germany ($X per ton), while the average price for exports to Greece ($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 Bulgaria (+20.5%), while the prices for the other major destinations experienced more modest paces of growth.

Rendered Pig Fat Imports

Imports into Romania

After three years of growth, purchases abroad of lard and other pig fat (rendered) decreased by -50.5% to X tons in 2021. Overall, imports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 172%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, rendered pig fat imports declined markedly to $X in 2021. In general, imports saw a precipitous setback. The pace of growth appeared the most rapid in 2018 with an increase of 99% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Hungary (X tons) was the main supplier of rendered pig fat to Romania, with a approx. 96% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Hungary amounted to -23.0%.

In value terms, Hungary ($X) constituted the largest supplier of lard and other pig fat (rendered) to Romania.

From 2012 to 2021, the average annual rate of growth in terms of value from Hungary totaled -21.9%.

Import Prices by Country

The average rendered pig fat import price stood at $X per ton in 2021, with an increase of 27% against the previous year. In general, the import price showed a moderate increase. The pace of growth appeared the most rapid in 2016 an increase of 63%. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Hungary.

From 2012 to 2021, the rate of growth in terms of prices for Hungary amounted to +1.4% per year.

Source: IndexBox Platform

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