Pig fat free of lean meat and poultry fat market in ASEAN

Earlier Report Observations

The ASEAN market for pig fat free of lean meat and poultry fat contracted from 617.5 thousand tons in 2018 to 546.8 thousand tons in 2021, as domestic production fell steadily over the period. This downward trend reversed in 2022 when market volume increased to 584.1 thousand tons, before stabilizing at 583.9 thousand tons in 2023.

By 2024, the market was being shaped by stricter food safety regulations and import conditions for meat products across the region. African Swine Fever outbreaks in the Philippines and Singapore's shift to imported pork after closing local farms drove import diversification and higher shipment volumes. Concurrently, consumer preference for leaner meat cuts and the growing frozen meat segment, valued for its convenience and shelf life, began altering demand patterns for pig fat.

Investments in cold-chain logistics supported the trade of chilled and frozen products, while the COVID-19 pandemic accelerated demand for reliable frozen protein sources. Enhanced labeling and packaging rules for traceability were also implemented, further structuring the market environment as imports reached 130.8 thousand tons in 2024.

Production pig fat free of lean meat and poultry fat in ASEAN

In kind, 2017-2020, K t

Top producers of pig fat free of lean meat and poultry fat, 2017-2020

World map of production of pig fat free of lean meat and poultry fat, 2017-2020

Production of pig fat free of lean meat and poultry fat in ASEAN has declined for the third consecutive year. In 2020, ASEAN produced 507.2 K t, marking a slight decrease of 2.3% from 2019. Between 2017 and 2020, production fell by 15.8%, which translates to an annualized decline rate of 5.6%.

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

Exports pig fat free of lean meat and poultry fat from ASEAN

Exports in kind, t

The data shows irregular changes, reflecting a volatile market environment. Import levels varied significantly, with a 12.2-fold difference between the low in 2018 and the high in 2020. In 2020, ASEAN exported 254 t of pig fat free of lean meat and poultry fat, representing a sharp increase of 698.5% compared to the previous year. The lowest export volume was recorded in 2018 at 21 t, with the largest decline that year at 68.9%.

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

From 2017 to 2020, the export structure in kind was diversified. Spain accounted for 18.1% of exports in kind, Canada for 12.4%, and India for 8.1%, together making up just 38.6% of total flows. No single country held a clearly dominant position.

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

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

Exports in value, K $ US

Market behavior during these years was characterized by volatility. Exports peaked in 2020 and hit their lowest point in 2018, with a 9.4-fold gap between these years. In 2020, ASEAN exported 552 K $ US of pig fat free of lean meat and poultry fat, showing a 345.3% increase from the year before. The minimum value was recorded in 2018 at 59 K $ US, with the largest decline that year at 62.5%.

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

The structure of exports in value terms from 2017 to 2020 indicates a diversified set of partners. Hong Kong contributed 17.0% of exports in value terms, Sweden 15.2%, and India 9.4%, jointly accounting for only 41.7% of total flows. The remaining 58.3% was spread across numerous smaller markets.

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

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

Imports pig fat free of lean meat and poultry fat to ASEAN

Imports in kind, t

After a two-year increase, the volume of pig fat free of lean meat and poultry fat imports into ASEAN declined. In 2020, ASEAN imported {value_last_year} t, which is 19.1% lower than the previous year. The maximum import volume was recorded in 2019 at 77 962 t, with the largest increase occurring in 2018 at 19.6%.

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

From 2017 to 2020, Spain, Germany, and France were the main markets for imports in kind. Spain accounted for 30.2% of imports in kind, Germany for 18.8%, and France for 12.8%, together representing 61.8% of total flows.

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

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

Imports in value, K $ US

After a two-year rise, ASEAN's imports of pig fat free of lean meat and poultry fat in value terms declined. In 2020, ASEAN imported approximately 74 588 K $ US, showing a robust decrease of 10.1% compared to 2019. Over the period from 2017 to 2020, imports increased by 29.4%, with a compound annual growth rate of 9.0%. The maximum value was recorded in 2019 at 82 967 K $ US, and the largest increase was in 2018 at 22.7%.

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

From 2017 to 2020, the leading destinations for imports in value terms of pig fat free of lean meat and poultry fat to ASEAN were Spain, Germany, and France. Spain accounted for 29.7% of imports in value terms, Germany for 18.1%, and France for 14.5%, jointly making up 62.3% of total flows.

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

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