United Kingdom: Pig Fat Market 2025

Pig Fat Market Size in the UK

After two years of decline, the UK pig fat market increased by 55% to $X in 2022. In general, consumption continues to indicate a tangible expansion. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Pig Fat Production in the UK

In value terms, pig fat production totaled $X in 2022 estimated in export price. Over the period under review, production posted strong growth. The most prominent rate of growth was recorded in 2017 with an increase of 119%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Pig Fat Exports

Exports from the UK

In 2022, pig fat exports from the UK reduced markedly to X tons, waning by -91.3% compared with the year before. Over the period under review, exports continue to indicate a precipitous contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 134%. Over the period under review, the exports attained the peak figure at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, pig fat exports contracted sharply to $X in 2022. Overall, exports faced a abrupt decline. The pace of growth was the most pronounced in 2021 when exports increased by 165% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The Philippines (X tons), South Africa (X tons) and Ireland (X tons) were the main destinations of pig fat exports from the UK, together accounting for 68% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Africa (with a CAGR of +78.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for pig fat exported from the UK were South Africa ($X), Angola ($X) and the Philippines ($X), together comprising 75% of total exports.

In terms of the main countries of destination, the Philippines, with a CAGR of +49.8%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average pig fat export price amounted to $X per ton, surging by 136% against the previous year. Overall, the export price recorded a prominent expansion. 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 2022, amid the top suppliers, the country with the highest price was Angola ($X per ton), while the average price for exports to the Netherlands ($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 the Philippines (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.

Pig Fat Imports

Imports into the UK

Pig fat imports into the UK stood at X tons in 2022, increasing by 7.8% on the previous year. Overall, imports, however, saw a abrupt setback. The growth pace was the most rapid in 2016 with an increase of 69%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, pig fat imports soared to $X in 2022. Over the period under review, imports, however, showed a abrupt decline. The pace of growth appeared the most rapid in 2016 when imports increased by 62%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest pig fat supplier to the UK, accounting for a 48% share of total imports. Moreover, pig fat imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Belgium (X tons), twofold. The third position in this ranking was held by Denmark (X tons), with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Netherlands totaled +4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+1.2% per year) and Denmark (-17.1% per year).

In value terms, the largest pig fat suppliers to the UK were the Netherlands ($X), Belgium ($X) and Denmark ($X), with a combined 78% share of total imports. Romania, Germany, Spain, Ireland, France and Poland lagged somewhat behind, together comprising a further 18%.

Among the main suppliers, Romania, with a CAGR of +37.0%, saw the highest growth rate of 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 11% against the previous year. Overall, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pig fat import price increased by +85.0% against 2016 indices. The growth pace was the most rapid in 2020 an increase of 43% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Romania ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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