Report Update Jan 1, 2025

Slovakia - Pig Fat - Market Analysis, Forecast, Size, Trends and Insights

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Slovakia: Pig Fat Market 2025

Pig Fat Market Size in Slovakia

In 2022, after two years of decline, there was significant growth in the Slovak pig fat market, when its value increased by 35% to $X. In general, consumption, however, showed a temperate expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Pig Fat Production in Slovakia

In value terms, pig fat production surged to $X in 2022 estimated in export price. Overall, production showed a abrupt decline. The most prominent rate of growth was recorded in 2015 when the production volume increased by 136%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Pig Fat Exports

Exports from Slovakia

In 2022, the amount of pig fat exported from Slovakia contracted notably to X tons, waning by -15.2% against 2021 figures. Over the period under review, exports, however, posted perceptible growth. The most prominent rate of growth was recorded in 2021 with an increase of 326% against the previous year. As a result, the exports reached the peak of X tons, and then contracted sharply in the following year.

In value terms, pig fat exports shrank slightly to $X in 2022. Overall, exports, however, posted a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of 355%. As a result, the exports attained the peak of $X, and then reduced in the following year.

Exports by Country

Hungary (X tons) was the main destination for pig fat exports from Slovakia, accounting for a 64% share of total exports. Moreover, pig fat exports to Hungary exceeded the volume sent to the second major destination, the Czech Republic (X tons), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Hungary totaled +5.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+15.8% per year) and Italy (-9.5% per year).

In value terms, the Czech Republic ($X), Hungary ($X) and Italy ($X) were the largest markets for pig fat exported from Slovakia worldwide, together comprising 99% of total exports.

The Czech Republic, with a CAGR of +17.9%, saw 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 mixed trend patterns.

Export Prices by Country

In 2022, the average pig fat export price amounted to $X per ton, surging by 12% against the previous year. In general, the export price saw a mild increase. The pace of growth was the most pronounced in 2020 an increase of 62%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.

Pig Fat Imports

Imports into Slovakia

Pig fat imports into Slovakia contracted slightly to X tons in 2022, with a decrease of -3.8% on the previous year's figure. In general, imports, however, showed resilient growth. The pace of growth appeared the most rapid in 2017 with an increase of 13% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, pig fat imports soared to $X in 2022. Overall, imports, however, saw resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Hungary (X tons), Germany (X tons) and Austria (X tons) were the main suppliers of pig fat imports to Slovakia, together comprising 64% of total imports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +29.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest pig fat suppliers to Slovakia were Hungary ($X), Germany ($X) and Poland ($X), with a combined 59% share of total imports.

In terms of the main suppliers, Germany, with a CAGR of +29.7%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average pig fat import price amounted to $X per ton, surging by 39% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while the price for Slovenia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for pig fat in the world?

The countries with the highest volumes of in 2021 were Spain, China and France, together accounting for 43% of global consumption.

What are the largest producers of pig fat in the world?

Spain remains the largest pig fat producing country worldwide, comprising approx. 34% of total volume. Moreover, pig fat production in Spain exceeded the figures recorded by the second-largest producer, Germany, threefold. France ranked third in terms of total production with a 7.6% share.

What are the leading suppliers of pig fat to Slovakia?

In value terms, Hungary, Poland and Germany appeared to be the largest pig fat suppliers to Slovakia, together comprising 55% of total imports. Austria, Spain, the Czech Republic and Italy lagged somewhat behind, together accounting for a further 40%.

What are the leading importers of pig fat from Slovakia?

In value terms, the Czech Republic remains the key foreign market for pig fat exports from Slovakia, comprising 69% of total exports. The second position in the ranking was occupied by Hungary, with a 19% share of total exports.

What is the average export price for pig fat in Slovakia?

The average pig fat export price stood at $1,795 per ton in 2021, growing by 7% against the previous year.

What is the average import price for pig fat in Slovakia?

In 2021, the average pig fat import price amounted to $851 per ton, with an increase of 3.7% against the previous year.

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

Slovakia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Slovakia
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. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
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
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 In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024