Non-rendered pig fat free of lean meat market in Georgia

Earlier Report Observations

The market for non-rendered pig fat in Georgia experienced a pronounced contraction in volume between 2018 and 2020, with total consumption falling from 5 148 tonnes to 3 247 tonnes. This decline of over one-third was followed by a steady recovery phase, with the market size reaching 4 113 tonnes by 2023, though it remained below the initial level.

The market's dynamics were shaped by contrasting trends in domestic production and imports. Local output grew consistently from 1 006 tonnes to 1 474 tonnes between 2018 and 2023, while import volumes, which initially dominated supply, fell sharply from 4 217 tonnes to 2 242 tonnes in 2020 before showing some volatility in subsequent years.

Production non-rendered pig fat free of lean meat in Georgia

In kind, 2017-2020, t

Top producers of non-rendered pig fat free of lean meat, 2017-2020

World map of production of non-rendered pig fat free of lean meat, 2017-2020

Georgia's production of non-rendered pig fat free of lean meat has grown for the third year in a row. In 2020, the country produced 1 131 tonnes, marking an 8.2% increase from 2019. Looking at the period from 2017 to 2020, production rose by 27.7%, which translates to an average annual growth rate of 8.5%.

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

Exports non-rendered pig fat free of lean meat from Georgia

Exports in kind, t

The export market showed significant volatility during these years. Exports hit their lowest point in 2017 and peaked in 2019, with a 2.8-fold difference between these two years. In 2020, Georgia exported 126 tonnes of non-rendered pig fat free of lean meat, a sharp decline of 37.7% compared to the previous year. The highest export volume was recorded in 2019 at 202 tonnes, which also saw the largest increase of 170.0%.

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

From 2017 to 2020, Azerbaijan consistently dominated Georgia's exports in kind, accounting for 77.0% of the total. This highlights a strong reliance on this single market, while the remaining exports were distributed among other countries.

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

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

Exports in value, K $ US

Export values experienced notable fluctuations over this period. The lowest point was in 2017, rising to a peak in 2019, with a 4.9-fold variation between these years. In 2020, the export value of non-rendered pig fat free of lean meat from Georgia dropped dramatically to 122 thousand US dollars, down 48.2% from 2019. The maximum value was recorded in 2019 at 235 thousand US dollars, which also saw the largest increase of 334.4%.

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

Between 2017 and 2020, two countries—Azerbaijan and Armenia—accounted for the majority of Georgia's export value for non-rendered pig fat free of lean meat. Other markets played a smaller role individually during this time.

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

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

Imports non-rendered pig fat free of lean meat to Georgia

Imports in kind, t

Georgia's imports of non-rendered pig fat free of lean meat have fallen for the third consecutive year. In 2020, imports totaled 2 242 tonnes, a decrease of 36.9% compared to 2019. Over the period from 2017 to 2020, imports declined by 47.1%, averaging an annual reduction of 19.1%.

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

From 2017 to 2020, Italy, Germany, and Spain were the key sources for Georgia's imports in kind. Italy accounted for 20.9% of imports, Germany for 18.7%, and Spain for 15.7%, together making up 55.3% of total import flows.

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

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

Imports in value, K $ US

In 2020, Georgia's import value for non-rendered pig fat free of lean meat reached 2 119 thousand US dollars, showing a significant contraction of 41.4% year-over-year. Between 2017 and 2020, imports decreased by 41.7%, with an average annual decline of 16.5%. The largest increase occurred in 2019, at 12.1%.

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

Throughout 2017–2020, Italy, Germany, and Spain remained the top markets for Georgia's imports in value terms. Combined, these three countries represented 57.6% of total import flows.

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

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