Market research

Lard and poultry fats market in Macao

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The market for lard and poultry fats in Macao experienced significant volatility between 2018 and 2023. Total market volume surged to 1 335 t in 2019, then fell sharply to 554 t in 2020 before partially recovering to 802 t by 2023.

Domestic production remained relatively stable, ranging from 352 t to 421 t annually. The dramatic swings in overall market size were primarily driven by large fluctuations in import volumes, which varied from 983 t in 2019 to just 159 t in 2020.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Macao
  1. 5.1.1. Annual dynamics of production in Macao in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Macao in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Macao in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Macao by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Macao in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Macao by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Macao, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Macao by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Macao in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Macao by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Macao in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Macao by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Macao, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Macao by countries, 2018-2024, $ US/t
7. Trade balance
1. 7.1. Trade balance (Direct Data)
  1. 7.1.1. In kind, t
  2. 7.1.2. In value, K $ US
2. 7.2. Trade balance (Mirror Data)
  1. 7.2.1. In kind, t
  2. 7.2.2. In value, K $ US
8. Top buying and selling countries, 2018-2024
1. 8.1. Direct Data
  1. 8.1.1. Import in Value by Countries-buyers
  2. 8.1.2. Export in Value by Countries-suppliers
2. 8.2. Mirror Data
  1. 8.2.1. Import in Value by Countries-buyers
  2. 8.2.2. Export in Value by Countries-suppliers

Production lard and poultry fats in Macao

In kind, 2017-2020, t

Top producers of lard and poultry fats, 2017-2020

Source: SHEV.io

World map of production of lard and poultry fats, 2017-2020

Source: SHEV.io

After a two-year decline, Macao's production of lard and poultry fats rebounded. In 2020, Macao produced 394.7 t of these products, marking a 12.2% increase compared to the previous year. The lowest production level was recorded in 2019 at 351.8 t, while the largest annual decrease occurred in 2018 with a 6.3% drop.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(6.3%)	(4.3%)	12.2%	0.2%

Source: SHEV.io

Exports lard and poultry fats from Macao

According to market research, Macao did not export any lard and poultry fats between 2017 and 2020.

Imports lard and poultry fats to Macao

Imports in kind, t

The market showed an unstable pattern during this period. Import volumes reached their peak in 2019 at 983.2 t, then fell sharply to 159.3 t in 2020, representing an 83.8% decrease. This resulted in a 6.2-fold difference between the highest and lowest points. The largest annual increase was recorded in 2019 at 132.9%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	8.6%	132.9%	(83.8%)	(25.7%)

Source: SHEV.io

From 2017 to 2020, the Netherlands and Canada dominated Macao's imports in volume, together accounting for 99.6% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

Following a two-year upward trend, Macao's imports of lard and poultry fats in value terms declined. In 2020, imports totaled 236.4 K $ US, a 64.1% drop from the previous year. The highest value was recorded in 2019 at 658.7 K $ US. Over the entire 2017–2020 period, imports decreased by 59%, equivalent to an annualized rate of 25.7%. The largest annual increase occurred in 2018 at 13.2%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	13.2%	0.9%	(64.1%)	(25.7%)

Source: SHEV.io

Between 2017 and 2020, the Netherlands and Canada were the primary suppliers of lard and poultry fats to Macao in monetary terms, jointly holding a 99.5% share of total import value.

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

Source: SHEV.io

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

Source: SHEV.io