Non-rendered pig fat free of lean meat market in Northern America

Earlier Report Observations

The North American market for non-rendered pig fat expanded in physical volume from 3.3 million tons in 2018 to nearly 3.6 million tons in 2020. This growth was supported by the expansion of the U.S. pig farming industry, which improved production efficiency and increased output. Strong international demand, reflected in an over 80% surge in U.S. pork fat exports between 2017 and 2019, further encouraged higher production levels.

Market volume subsequently contracted, falling to 3.4 million tons by 2022. This period saw a shift in U.S. consumer preferences toward greater concern for animal welfare, sustainability, and healthier dietary fat profiles, which reduced demand for pork fat products.

A slight recovery to 3.45 million tons occurred in 2023, coinciding with a decline in forecasted export prices for U.S. pork fat. The lower prices helped stimulate demand, while the market's value continued to rise, reaching $5.67 billion as volume and price dynamics balanced out.

Production non-rendered pig fat free of lean meat in Northern America

In kind, 2017-2020, K 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

Northern America's production of non-rendered pig fat free of lean meat has grown for the third year in a row. In 2020, the region produced 3 622 thousand tonnes, marking a modest year-over-year increase of 2.6%. Looking at the period from 2017 to 2020, production rose by 10.5%, which translates to an average annual growth rate of 3.4%.

Annual dynamics of production in Northern America in kind, 2017-2020, K t

In value, 2017-2020, M $ US

Northern America's production of non-rendered pig fat free of lean meat has increased for the third consecutive year. In 2020, the output was valued at 5 766 million US dollars, showing a strong uptick of 18.7% compared to 2019. Over the 2017-2020 period, production grew by 64%, with a compound annual growth rate of 17.9%.

Annual dynamics of production in Northern America in value, 2017-2020, M $ US

Exports non-rendered pig fat free of lean meat from Northern America

Exports in kind, t

Northern America's exports of non-rendered pig fat free of lean meat have declined for the second year in a row. In 2020, the region exported 53 992 tonnes, a slight decrease of 1.7% from the previous year. From 2017 to 2020, exports fell by 11.9%, with an average annual decline of 4.1%. The peak was in 2018 at 62 649 tonnes, followed by the largest drop of 12.3% in 2019, while the biggest increase of 2.2% occurred in 2018.

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

From 2017 to 2020, Japan, Mexico, and South Korea were the key destinations for exports in kind, accounting for 75.9% of total flows. Japan led with 41.9% of exports, followed by Mexico at 28.6%, and South Korea at 5.4%.

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

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

Exports in value, K $ US

Non-rendered pig fat free of lean meat shipments from Northern America to abroad have increased for the third consecutive year. In 2020, exports reached 85 934 thousand US dollars, up by 13.7% compared to the previous year. Over the 2017-2020 period, exports grew by 30.7%, with a compound annual growth rate of 9.3%.

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

From 2017 to 2020, Japan, Mexico, and South Korea remained the primary destinations for exports in value terms, together making up 75.7% of total flows. Japan accounted for 55.5% of exports, Mexico for 15.0%, and South Korea for 5.2%.

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

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

Imports non-rendered pig fat free of lean meat to Northern America

Imports in kind, t

Northern America's imports of non-rendered pig fat free of lean meat have increased for the third year in a row. In 2020, import volume stood at 317 tonnes, showing a sharp year-over-year gain of 31.5%. Over the 2017-2020 period, imports rose by 89.7%, with an average annual growth rate of 23.8%.

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

Between 2017 and 2020, Spain, Poland, and Denmark were the main suppliers of non-rendered pig fat free of lean meat to Northern America, together comprising 65.4% of total imports in kind. Spain contributed 31.4%, Poland 28.5%, and Denmark 5.4%.

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

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

Imports in value, K $ US

Non-rendered pig fat free of lean meat deliveries to Northern America have increased for the third consecutive year. In 2020, imports amounted to 434 thousand US dollars, corresponding to an abrupt rise of 32.6% over the past year. From 2017 to 2020, imports grew by 99.1%, with a compound annual growth rate of 25.8%.

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

Over the 2017-2020 period, Spain, Poland, and Denmark together absorbed 64.9% of total imports in value terms, making them the main sources. Spain accounted for 30.2%, Poland for 27.5%, and Denmark for 7.3% of imports.

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

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