Lard and poultry fats market in Ireland

Earlier Report Observations

From 2018 to 2020, Ireland's lard and poultry fats market saw production hold steady at 13 500 tonnes before increasing to 14 200 tonnes in 2020. Over the same period, total market volume grew to 14 259 tonnes in 2019 then moderated to 13 558 tonnes in 2020.

The market dynamics changed from 2021. A 3% rise in pigmeat production that year supported an increase in fat output to 14 900 tonnes, lifting market volume to 15 093 tonnes. However, severe cost pressures and historically low profitability led to destocking in the pig herd by 2022, reducing production back to 13 500 tonnes. Avian influenza outbreaks simultaneously constrained poultry fat supply. These constraints persisted into 2023, with continued pig herd contraction and competitive pressure from EU zero-duty imports of Ukrainian poultrymeat, contributing to a market volume of 14 397 tonnes.

Production lard and poultry fats in Ireland

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

In 2020, Ireland produced 14,200 tonnes of lard and poultry fats, representing a 5.2% increase from the previous year. Over the period from 2017 to 2020, production grew by 8.4%, with an average annual growth rate of 2.7%. The largest decline occurred in 2019, when production remained unchanged.

Annual dynamics of production in Ireland in kind, 2017-2020, t

Exports lard and poultry fats from Ireland

Exports in kind, t

The market displayed an unstable trend throughout the timeframe. Export volumes reached their lowest point in 2019 and peaked in 2020, with a 10.1-fold difference between these years. In 2020, Ireland exported 1,008 tonnes of lard and poultry fats, marking a sharp increase of 911.9% compared to 2019. The minimum value was recorded in 2019 at 100 tonnes, while the largest decline of 79.7% also occurred in that year.

Annual dynamics of product's exports from Ireland in kind, 2017-2020, t

From 2017 to 2020, the Netherlands, China, and the United Kingdom were the primary buyers of lard and poultry fats from Ireland. The Netherlands accounted for 64.7% of exports in kind, China for 15.0%, and the United Kingdom for 8.3%, together making up 88.1% of total exports in kind.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Ireland in kind, 2017-2020

Exports in value, K $ US

The market showed signs of volatility over the observed period. There was a 7.4-fold variation between the minimum in 2017 and the maximum in 2020. In 2020, Ireland exported 775,000 US dollars of lard and poultry fats, reflecting a steep rise of 494.9% from 2019. The largest decline of 61.7% was recorded in 2019.

Annual dynamics of product's exports from Ireland in value, 2017-2020, K $ US

Throughout 2017 to 2020, the three largest markets for exports in value terms were the Netherlands, China, and the United Kingdom, collectively accounting for 85.6% of total flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Ireland in value, 2017-2020

Imports lard and poultry fats to Ireland

Imports in kind, t

The data reveals irregular changes, indicating a volatile market environment. Imports reached their lowest point in 2017 and peaked in 2019, with a 4.5-fold difference between these years. In 2020, Ireland's volume of lard and poultry fats imports was 366 tonnes, marking a steep fall of 57.3% from the previous year. The maximum value was recorded in 2019 at 859 tonnes, while the largest increase of 132.3% occurred in 2018.

Annual dynamics of product's imports to Ireland in kind, 2017-2020, t

From 2017 to 2020, the United Kingdom, the Netherlands, and Poland played the leading roles in imports in kind of lard and poultry fats to Ireland. The United Kingdom accounted for 55.2% of imports in kind, the Netherlands for 16.1%, and Poland for 11.1%, together representing 82.4% of total flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Ireland in kind, 2017-2020

Imports in value, K $ US

The data reveals irregular changes, indicating a volatile market environment. Imports were at their lowest in 2017 and peaked in 2019, with a 3.2-fold gap between these years. In 2020, Ireland's volume of lard and poultry fats imports amounted to 1,077,000 US dollars, reflecting a sharp reduction of 44.6% compared to 2019. The maximum value was recorded in 2019 at 1,944,000 US dollars, while the largest increase of 113.7% occurred in 2018.

Annual dynamics of product's imports to Ireland in value, 2017-2020, K $ US

Throughout 2017 to 2020, the key group of partners for imports in value terms of lard and poultry fats to Ireland consisted of the United Kingdom, Poland, and the Netherlands. The United Kingdom accounted for 50.9% of imports in value terms, Poland for 11.8%, and the Netherlands for 11.1%, jointly representing 73.8% of total flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Ireland in value, 2017-2020