Earlier Report Observations
The market for lard and poultry fats in Honduras expanded from 3 011 t in 2018 to a peak of 4 754 t in 2020, driven largely by a surge in imports. This growth coincided with substantial investments in pig farming, which increased meat output and likely boosted by-product fat production. Mandatory sanitary regulations for the poultry sector introduced by SENASA in 2018 also began shaping production standards during this period.
After 2020, market volume contracted to 3 312 t by 2022. A decline in demand for poultry meat in 2020 reduced pressure on domestic fat production, while subsequent industry efforts focused on raising national output. New SENASA biosecurity rules for poultry farms in 2022, alongside a broader industry shift toward leaner pork production that deliberately reduced fat content, further constrained supply.
By 2023, the market stabilized at 3 338 t as domestic fat production rose to 931 t. This recovery was supported by the promotion of pork processing and the implementation of the National Traceability System (SINART), which aimed to cut imports and lift the share of home-produced meat to 35%. Concurrent campaigns for responsible front-of-pack nutritional labeling began informing consumers about fat content in foods.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Honduras
- 5.1.1. Annual dynamics of production in Honduras in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Honduras in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Honduras
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6. Imports
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6.1. Imports (Direct Data*)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Honduras in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Honduras by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Honduras in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Honduras by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Honduras, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Honduras by countries, 2018-2024, $ US/kg
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Honduras in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Honduras by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Honduras in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Honduras by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Honduras, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Honduras by countries, 2018-2024, $ US/kg
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6.1. Imports (Direct Data*)
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7. Exports
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7.1. Exports (Direct Data*)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Honduras in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Honduras by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Honduras in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Honduras by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's exports from Honduras, 2018-2024, $ US/kg
- 7.1.4.2. Dynamics of average price of product's exports from Honduras by countries, 2018-2024, $ US/kg
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Honduras in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Honduras by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Honduras in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Honduras by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's exports from Honduras, 2018-2024, $ US/kg
- 7.2.4.2. Dynamics of average price of product's exports from Honduras by countries, 2018-2024, $ US/kg
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7.1. Exports (Direct Data*)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production lard and poultry fats in Honduras
In kind, 2017-2020, t
Top producers of lard and poultry fats, 2017-2020
World map of production of lard and poultry fats, 2017-2020
Honduras saw a decline in lard and poultry fats production after two years of growth. In 2019, production reached its peak at 901.8 t, but by 2020 it had fallen to 857.5 t, marking a 4.9% decrease from the previous year. Over the period from 2017 to 2020, production increased by 4.8% overall, which translates to an average annual growth rate of 1.6%. The most significant year-on-year increase occurred in 2018, with a rise of 5.2%.
Annual dynamics of production in Honduras in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 5.2% | 4.8% | (4.9%) | 1.6% |
Exports lard and poultry fats from Honduras
Exports in kind, t
Annual dynamics of product's exports from Honduras in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
From 2017 to 2020, the export flows of lard and poultry fats from Honduras were entirely concentrated in two countries: Chile and the United States. Together, they accounted for 100.0% of all exports in kind during this period.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Honduras in kind, 2017-2020
Exports in value, K $ US
Annual dynamics of product's exports from Honduras in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
Between 2017 and 2020, Honduras's exports of lard and poultry fats in value terms were highly focused on just two markets: Chile and the United States. These two countries combined made up 100.0% of the total export value.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Honduras in value, 2017-2020
Imports lard and poultry fats to Honduras
Imports in kind, t
Honduras experienced a third consecutive year of growth in lard and poultry fats imports. In 2020, imports reached {value_last_year} t, representing a 22.6% increase compared to 2019. Over the four-year span from 2017 to 2020, imports surged by 435.5%, averaging an annual growth rate of 75.0%.
Annual dynamics of product's imports to Honduras in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 180.2% | 56.0% | 22.6% | 75.0% |
From 2017 to 2020, imports of lard and poultry fats into Honduras were overwhelmingly dominated by the United States, which accounted for 95.6% of the total volume.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Honduras in kind, 2017-2020
Imports in value, K $ US
Honduras recorded its third straight year of rising imports of lard and poultry fats in value terms. In 2020, imports totaled 3 512 K $ US, up by 13.6% from 2019. Between 2017 and 2020, the value of imports grew by 407.1%, with a compound annual growth rate of 71.8%.
Annual dynamics of product's imports to Honduras in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 189.7% | 54.1% | 13.6% | 71.8% |
During 2017–2020, the United States was the primary source for Honduras's imports of lard and poultry fats in value terms, capturing 95.8% of the total import flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Honduras in value, 2017-2020
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