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

Earlier Report Observations

From 2018 to 2021, the market volume for non-rendered pig fat free of lean meat in Thailand showed moderate growth followed by stabilization. After reaching 39 181 t in 2019, the market eased to 38 530 t in 2020 and 38 131 t in 2021, reflecting minor adjustments within a narrow range.

The market expanded to 39 548 t in 2022, coinciding with stricter food-safety regulations that banned red-meat growth promoters and beta-agonists in pork, measures aimed at bolstering consumer confidence. In 2023, volume contracted to 38 264 t as the sector faced oversupply, which pushed retail prices down by 11–14% and prompted authorities to urge higher domestic consumption to balance the market.

Into 2024, regulatory emphasis on safe sourcing and the persistence of smuggled pork remained key market themes, while recovery in the food-service sector supported underlying demand for pork products.

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

In kind, 2017-2020, t

From 2017 to 2020, Thailand ranked as the 20th largest global producer of non-rendered pig fat free of lean meat.

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

Thailand's production of non-rendered pig fat free of lean meat grew for the second year in a row. In 2020, the country produced 37 873 tonnes, a 0.9% increase from the previous year. The lowest production level was in 2018 at 36 708 tonnes, which saw the largest decline of 2.5%. In contrast, 2019 recorded the highest growth at 2.3%.

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

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

Exports in kind, t

The market displayed volatility during the observed period. Export volumes varied significantly, with a 2.7-fold difference between the low in 2018 and the high in 2020. In 2020, Thailand exported 26 tonnes of non-rendered pig fat free of lean meat, a 153.5% surge from 2019. The lowest export volume was 10 tonnes in 2018, which also experienced the steepest decline of 60.0%.

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

Between 2017 and 2020, India, Cambodia, and Hong Kong were the primary destinations for Thailand's exports of non-rendered pig fat free of lean meat, collectively accounting for 97.0% of total export volumes. India led with 43.2%, followed by Cambodia at 35.2%, and Hong Kong at 18.5%.

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

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

Exports in value, K $ US

Market performance showed notable fluctuations over the period. Export values reached their peak in 2020 and hit their lowest point in 2018, with a 2.6-fold gap between these years. In 2020, exports totaled 41.5 thousand US dollars, marking a 111.5% increase from 2019. The minimum value was 15.9 thousand US dollars in 2018, which saw the largest decline of 40.9%.

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

From 2017 to 2020, India and Cambodia dominated Thailand's export value for non-rendered pig fat free of lean meat, together representing 90.5% of total flows, while other countries accounted for the remainder.

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

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

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

Imports in kind, t

Import trends were unstable throughout the timeframe. Volumes peaked in 2019 and dropped to their lowest in 2018, with a 6.2-fold difference between these extremes. In 2020, Thailand imported 683 tonnes, a sharp 58.6% decrease from 2019. The minimum import volume was 268 tonnes in 2018, which recorded the largest decline of 72.9%. Conversely, 2019 saw the highest volume at 1 650 tonnes and the largest increase of 515.6%.

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

During 2017–2020, Germany, the Netherlands, and Denmark were the top suppliers of non-rendered pig fat free of lean meat to Thailand, though they did not dominate the market. Together, they accounted for 48.5% of total import volumes, with Germany at 28.1%, the Netherlands at 11.9%, and Denmark at 8.4%, amid a diverse range of smaller partners.

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

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

Imports in value, K $ US

The market experienced noticeable fluctuations in this period. Import values reached their highest level in 2019 and fell to their lowest in 2018, with a 4.3-fold ratio between these points. In 2020, imports amounted to 356.1 thousand US dollars, reflecting a sharp 56.0% drop from 2019. The minimum value was 188.0 thousand US dollars in 2018, which had the largest decline of 64.6%, while 2019 recorded the maximum value of 808.5 thousand US dollars and the largest increase of 330.1%.

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

From 2017 to 2020, Germany, Denmark, and the Netherlands were the leading sources in Thailand's import value structure for non-rendered pig fat free of lean meat, collectively making up 55.6% of total flows. Germany contributed 25.8%, Denmark 18.8%, and the Netherlands 11.0%.

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

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