Earlier Report Observations
The market for lard and poultry fats in Mexico displayed considerable volatility between 2018 and 2023. Volume began at 139.2 thousand tons in 2018 before contracting sharply to 121.5 thousand tons the following year.
Market volume partially recovered to 124.9 thousand tons in 2020, aided by new import flows. After a dip to 121.1 thousand tons in 2021, it grew to 126.5 thousand tons in 2022. This expansion aligned with increased regional consumption of pork and poultry meat and the growth of the Latin American food industry, which raised demand for related animal fats. The market then stabilized at 124.2 thousand tons in 2023.
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, 2018-2025
- 4.1.1.3. Exports, 2018-2025
- 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 Mexico
- 5.1.1. Annual dynamics of production in Mexico in kind, 2018-2023, K t
- 5.1.2. Annual dynamics of production in Mexico 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, K 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, K 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 Mexico
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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 Mexico in kind, 2018-2025, t
- 6.1.2.2. Dynamics of product's imports in kind to Mexico by countries, 2018-2025, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2025
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Mexico in value, 2018-2025, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Mexico by countries, 2018-2025, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2025
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Mexico, 2018-2025, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Mexico by countries, 2018-2025, $ US/t
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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 Mexico in kind, 2018-2025, t
- 6.2.2.2. Dynamics of product's imports in kind to Mexico by countries, 2018-2025, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2025
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Mexico in value, 2018-2025, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Mexico by countries, 2018-2025, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2025
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Mexico, 2018-2025, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Mexico by countries, 2018-2025, $ US/t
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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 Mexico in kind, 2018-2025, t
- 7.1.2.2. Dynamics of product's exports in kind from Mexico by countries, 2018-2025, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2025
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Mexico in value, 2018-2025, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Mexico by countries, 2018-2025, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2025
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7.1.4. Average price of product's exports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's exports from Mexico, 2018-2025, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Mexico by countries, 2018-2025, $ US/t
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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 Mexico in kind, 2018-2025, t
- 7.2.2.2. Dynamics of product's exports in kind from Mexico by countries, 2018-2025, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2025
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Mexico in value, 2018-2025, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Mexico by countries, 2018-2025, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2025
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7.2.4. Average price of product's exports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's exports from Mexico, 2018-2025, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Mexico by countries, 2018-2025, $ US/t
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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, 2018-2025
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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 Mexico
In kind, 2018-2021, K t
From 2018 to 2021, Mexico ranked 11th globally in the production of lard and poultry fats.
Top producers of lard and poultry fats, 2018-2021
World map of production of lard and poultry fats, 2018-2021
Following a two-year decline, Mexico's production of lard and poultry fats rebounded in 2021, reaching 115.8 thousand tonnes. This marked a year-on-year increase of 10.1%. However, over the entire 2018-2021 period, production fell by 16.8%, with a compound annual growth rate of -6.0%. The lowest output was recorded in 2020 at 105.2 thousand tonnes, which also saw the steepest decline of 13.4%.
Annual dynamics of production in Mexico in kind, 2018-2021, K t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (12.7%) | (13.4%) | 10.1% | (6.0%) |
Exports lard and poultry fats from Mexico
Market analysis indicates that Mexico did not export any lard and poultry fats between 2018 and 2021.
Imports lard and poultry fats to Mexico
Imports in kind, t
In 2021, Mexico imported 5 285 tonnes of lard and poultry fats, representing a sharp decline of 73.1% compared to 2020.
Annual dynamics of product's imports to Mexico in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | (73.1%) | - |
From 2018 to 2021, Mexico's imports of lard and poultry fats were predominantly sourced from the United States, which accounted for 95.2% of the total import volume.
Structure of product's imports in kind by countries, 2018-2021
World map of product's imports to Mexico in kind, 2018-2021
Imports in value, K $ US
Mexico's imports of lard and poultry fats totaled 9 543 thousand US dollars in 2021, a 50.0% decrease from the previous year.
Annual dynamics of product's imports to Mexico in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | (50.0%) | - |
Between 2018 and 2021, the value of Mexico's lard and poultry fats imports was almost entirely linked to the United States, with a share of 94.7% of total import flows.
Structure of product's imports in value by countries, 2018-2021
World map of product's imports to Mexico in value, 2018-2021
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