Report Update Feb 1, 2025

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

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Vietnam: Pig Fat Market 2020

Pig Fat Market Size in Vietnam

The revenue of the pig fat market in Vietnam amounted to $X in 2018, picking up by X% against the previous year. Overall, pig fat consumption, however, continues to indicate a slight descent. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. In that year, the pig fat market attained its peak level of $X. From 2009 to 2018, the growth of the pig fat market remained at a lower figure.

Pig Fat Production in Vietnam

In value terms, pig fat production totaled $X in 2018 estimated in export prices. Over the period under review, pig fat production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 with an increase of X% year-to-year. Pig fat production peaked at $X in 2007; however, from 2008 to 2018, production remained at a lower figure.

Pig Fat Exports

Exports from Vietnam

Pig fat exports from Vietnam amounted to X tons in 2018, going down by -X% against the previous year. In general, pig fat exports continue to indicate a dramatic descent. The pace of growth was the most pronounced in 2016 when exports decreased by -X% year-to-year. Over the period under review, pig fat exports reached their maximum at X tons in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, pig fat exports amounted to $X in 2018. Over the period under review, pig fat exports continue to indicate a dramatic contraction. The growth pace was the most rapid in 2017 with a decrease of -X% year-to-year. Exports peaked at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Pig Fat Imports

Imports into Vietnam

In 2018, the amount of pig fat imported into Vietnam stood at X tons, growing by X% against the previous year. Overall, pig fat imports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2009 when imports increased by X% year-to-year. Over the period under review, pig fat imports reached 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 buoyant growth. The growth pace was the most rapid in 2009 when imports increased by X% year-to-year. Over the period under review, pig fat imports reached their peak figure in 2018 and are expected to retain its growth in the immediate term.

Imports by Country

Denmark (X tons), Spain (X tons) and China, Hong Kong SAR (X tons) were the main suppliers of pig fat imports to Vietnam, with a combined X% share of total imports. France, Germany and the U.S. lagged somewhat behind, together accounting for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by France, while imports for the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X), Spain ($X) and France ($X) appeared to be the largest pig fat suppliers to Vietnam, together comprising X% of total imports.

In terms of the main suppliers, France experienced the highest growth rate of market size, over the period under review, while imports for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average pig fat import price stood at $X per ton in 2018, approximately reflecting the previous year. Overall, the pig fat import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when the average import price increased by X% against the previous year. In that year, the average import prices for pig fat reached their peak level of $X per ton. From 2011 to 2018, the growth in terms of the average import prices for pig fat remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was France ($X per ton), while the price for China, Hong Kong SAR ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., 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 constituted the country with the largest volume of pig fat production, comprising approx. 34% of total volume. Moreover, pig fat production in Spain exceeded the figures recorded by the second-largest producer, Germany, threefold. The third position in this ranking was occupied by France, with a 7.6% share.

What are the leading suppliers of pig fat to Vietnam?

In value terms, Spain constituted the largest supplier of pig fat to Vietnam, comprising 45% of total imports. The second position in the ranking was occupied by Poland, with a 17% share of total imports. It was followed by Canada, with a 13% share.

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

The average pig fat export price stood at $1,615 per ton in 2019, remaining constant against the previous year.

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

The average pig fat import price stood at $856 per ton in 2021, shrinking by -2.9% against the previous year.

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

Vietnam

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Vietnam
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