Market research

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

Release date: Mar 27, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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"Asia" region includes following countries:

China

Hong Kong

Japan

North Korea

South Korea

Macao

Mongolia

Afghanistan

Bangladesh

Bhutan

Sri Lanka

India

Iran

Maldives

Nepal

Pakistan

Brunei Darussalam

Myanmar

Cambodia

Indonesia

Laos

Malaysia

the Philippines

Timor-Leste

Singapore

Vietnam

Thailand

Kazakhstan

Kyrgyzstan

Tajikistan

Turkmenistan

Uzbekistan

Azerbaijan

Armenia

Bahrain

Cyprus

Georgia

Palestine

Iraq

Israel

Jordan

Kuwait

Lebanon

Oman

Qatar

Saudi Arabia

Syria

Turkey

the United Arab Emirates

Yemen

Earlier Report Observations

The Asian market for pig fat free of lean meat and poultry fat contracted sharply in 2019, with volume falling by 14.3% to 3 586 thousand tons. The downturn persisted into 2020, though the rate of decline slowed to 4.0%, resulting in a market size of 3 444 thousand tons.

A turnaround occurred in 2021, as the market expanded by 20.4% to reach 4 145 thousand tons. This growth continued at a steadier pace, with volumes rising to 4 221 thousand tons in 2022 and further to 4 372 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
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Asia
  1. 5.1.1. Annual dynamics of production in Asia in kind, 2018-2023, K t
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data*)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, K t
    1. 6.1.2.1. Annual dynamics of product's imports to China in kind, 2018-2024, K t
    2. 6.1.2.2. Dynamics of product's imports in kind to China by countries, 2018-2024, K t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's imports to China in value, 2018-2024, M $ US
    2. 6.1.3.2. Dynamics of product's imports in value to China by countries, 2018-2024, M $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to China, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to China by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, K t
    1. 6.2.2.1. Annual dynamics of product's imports to China in kind, 2018-2024, K t
    2. 6.2.2.2. Dynamics of product's imports in kind to China by countries, 2018-2024, K t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's imports to China in value, 2018-2024, M $ US
    2. 6.2.3.2. Dynamics of product's imports in value to China by countries, 2018-2024, M $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to China, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to China by countries, 2018-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data*)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, K t
    1. 7.1.2.1. Annual dynamics of product's exports from China in kind, 2018-2024, K t
    2. 7.1.2.2. Dynamics of product's exports in kind from China by countries, 2018-2024, K t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's exports from China in value, 2018-2024, M $ US
    2. 7.1.3.2. Dynamics of product's exports in value from China by countries, 2018-2024, M $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from China, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from China by countries, 2018-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, K t
    1. 7.2.2.1. Annual dynamics of product's exports from China in kind, 2018-2024, K t
    2. 7.2.2.2. Dynamics of product's exports in kind from China by countries, 2018-2024, K t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's exports from China in value, 2018-2024, M $ US
    2. 7.2.3.2. Dynamics of product's exports in value from China by countries, 2018-2024, M $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from China, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from China by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K t
  2. 8.1.2. In value, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K t
  2. 8.2.2. In value, M $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

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

In kind, 2017-2020, K t

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

Source: SHEV.io

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

Source: SHEV.io

Production of pig fat free of lean meat and poultry fat in Asia has declined for the third consecutive year. In 2020, Asia produced 3 224 K t, which represents a 2.8% decrease compared to 2019. Looking at the period from 2017 to 2020, production fell by 21.4%, averaging an annual decline of 7.7%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(2.1%)	(17.4%)	(2.8%)	(7.7%)

Source: SHEV.io

In value, 2017-2020, M $ US

Following a two-year decline, the value of pig fat free of lean meat and poultry fat production in Asia rebounded. In 2020, output was valued at 3 971 M $ US, marking a significant increase of 14.9% over 2019. However, from 2017 to 2020, production value decreased by 5.2%, with an average annual decline of 1.8%. The lowest value was recorded in 2019 at 3 456 M $ US, while the largest drop occurred in 2018 with a 14.2% decrease.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(14.2%)	(3.8%)	14.9%	(1.8%)

Source: SHEV.io

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

Exports in kind, K t

After two years of decline, Asia's exports of pig fat free of lean meat and poultry fat in volume terms increased. In 2020, export volume reached 1.3 K t, up 20.4% from the previous year. Over the 2017-2020 period, exports decreased by 25.7%, with a compound annual growth rate of -9.4%. The lowest volume was in 2019 at 1.0 K t, and the largest decline was in 2018 with a 22.6% drop.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(22.6%)	(20.3%)	20.4%	(9.4%)

Source: SHEV.io

From 2017 to 2020, Russia, Greece, and Serbia were the leading buyers of pig fat free of lean meat and poultry fat from Asia in volume terms. Russia accounted for 34.9% of exports, Greece for 10.8%, and Serbia for 6.5%. Together, these three countries represented 52.2% of total export volumes.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, M $ US

Following a two-year decline, the value of Asia's exports of pig fat free of lean meat and poultry fat increased. In 2020, export value stood at 1.5 M $ US, showing a dramatic rise of 42.3% compared to the previous year. However, from 2017 to 2020, export value decreased by 10.5%, with an average annual decline of 3.6%. The lowest value was recorded in 2019 at 1.1 M $ US, and the largest drop was in 2018 with a 32.1% decrease.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(32.1%)	(7.2%)	42.3%	(3.6%)

Source: SHEV.io

Between 2017 and 2020, exports of pig fat free of lean meat and poultry fat from Asia in value terms were widely distributed across markets. Russia was the top destination with 31.7% of export value, followed by Serbia at 5.4% and Greece at 3.8%. Together, these three countries accounted for 41.0% of total export value.

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

Source: SHEV.io

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

Source: SHEV.io

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

Imports in kind, K t

In 2020, Asia's imports of pig fat free of lean meat and poultry fat in volume terms amounted to 220.8 K t, down 18.5% from the previous year. Over the 2017-2020 period, imports increased by 19.9%, with a compound annual growth rate of 6.2%. The lowest volume was in 2018 at 171.2 K t, while the highest was in 2019 at 270.8 K t. The largest increase occurred in 2019 with a 58.2% rise.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(7.0%)	58.2%	(18.5%)	6.2%

Source: SHEV.io

From 2017 to 2020, Canada, Spain, and Germany were the main sources for Asia's imports of pig fat free of lean meat and poultry fat in volume terms. Canada accounted for 21.8% of imports, Spain for 21.0%, and Germany for 12.9%. Collectively, these three countries supplied 55.7% of total import volumes.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, M $ US

Market performance showed noticeable fluctuations during this period. Imports of pig fat free of lean meat and poultry fat to Asia in value terms reached 347.0 M $ US in 2020, a slight decrease of 2.0% from the previous year. The highest value was recorded in 2019 at 354.0 M $ US, with the largest increase that year at 91.6%. From 2019 to 2017, the difference between the peak and trough was 1.9-fold.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	1.3%	91.6%	(2.0%)	23.9%

Source: SHEV.io

Between 2017 and 2020, Canada, Spain, and Germany were the primary sources for Asia's imports of pig fat free of lean meat and poultry fat in value terms. Canada accounted for 27.0% of import value, Spain for 19.6%, and Germany for 11.5%. Together, these three countries made up 58.0% of total import value.

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

Source: SHEV.io

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

Source: SHEV.io