Earlier Report Observations
The market volume for pig fat in Georgia showed considerable volatility from 2018 to 2023. Starting at a high of 5 275 t in 2018, it contracted sharply over the next two years, falling to 3 368 t by 2020.
The market stabilized in 2021 at 3 354 t, before entering a recovery phase. Growth resumed in 2022, with the market expanding to 3 592 t, and further accelerated in 2023 to reach 4 212 t.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Georgia
- 5.1.1. Annual dynamics of production in Georgia in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Georgia in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Georgia
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6. Exports
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6.1. Exports (Direct Data)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, t
- 6.1.2.1. Annual dynamics of product's exports from Georgia in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's exports in kind from Georgia by countries, 2018-2024, t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.1.3. Exports in value, K $ US
- 6.1.3.1. Annual dynamics of product's exports from Georgia in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's exports in value from Georgia by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
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6.1.4. Average price of product's exports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's exports from Georgia, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's exports from Georgia by countries, 2018-2024, $ US/t
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, t
- 6.2.2.1. Annual dynamics of product's exports from Georgia in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's exports in kind from Georgia by countries, 2018-2024, t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.2.3. Exports in value, K $ US
- 6.2.3.1. Annual dynamics of product's exports from Georgia in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's exports in value from Georgia by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
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6.2.4. Average price of product's exports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's exports from Georgia, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's exports from Georgia by countries, 2018-2024, $ US/t
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6.1. Exports (Direct Data)
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7. Imports
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7.1. Imports (Direct Data)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, t
- 7.1.2.1. Annual dynamics of product's imports to Georgia in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's imports in kind to Georgia by countries, 2018-2024, t
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.1.3. Imports in value, K $ US
- 7.1.3.1. Annual dynamics of product's imports to Georgia in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's imports in value to Georgia by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
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7.1.4. Average price of product's imports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's imports to Georgia, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's imports to Georgia by countries, 2018-2024, $ US/t
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, t
- 7.2.2.1. Annual dynamics of product's imports to Georgia in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's imports in kind to Georgia by countries, 2018-2024, t
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.2.3. Imports in value, K $ US
- 7.2.3.1. Annual dynamics of product's imports to Georgia in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's imports in value to Georgia by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
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7.2.4. Average price of product's imports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's imports to Georgia, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's imports to Georgia by countries, 2018-2024, $ US/t
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7.1. Imports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production pig fat free of lean meat and poultry fat in Georgia
In kind, 2017-2020, 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
Pig fat free of lean meat and poultry fat production in Georgia has increased for the third consecutive year. In 2020, Georgia produced 1 131 tonnes, marking a modest 8.2% improvement compared to 2019. From 2017 to 2020, production grew by 27.7%, which translates to an annualized growth rate of 8.5%.
Annual dynamics of production in Georgia in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 13.5% | 4.0% | 8.2% | 8.5% |
Exports pig fat free of lean meat and poultry fat from Georgia
Exports in kind, t
The market showed signs of volatility during the observed period. From 2017 to 2019, exports fluctuated significantly, with a peak-to-trough amplitude of 2.8 times. In 2020, Georgia exported 126 tonnes of pig fat free of lean meat and poultry fat, which is 37.7% lower than in 2019. The highest volume was recorded in 2019 at 202 tonnes, with the largest increase of 170.0% also occurring that year.
Annual dynamics of product's exports from Georgia in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 4.7% | 170.0% | (37.7%) | 20.8% |
From 2017 to 2020, Azerbaijan was the primary buyer of pig fat free of lean meat and poultry fat from Georgia, accounting for 77.0% of total exports in kind, while other partners held relatively modest shares.
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
The data reveals irregular changes, indicating a volatile market environment. Export volumes in value terms peaked in 2019 and reached their lowest point in 2017, with a top-to-bottom ratio of 4.9 times. In 2020, Georgia exported 122 thousand US dollars worth of pig fat free of lean meat and poultry fat, down by 48.2% compared to 2019. The maximum value was recorded in 2019 at 235 thousand US dollars, with the largest increase of 334.4% also occurring that year.
Annual dynamics of product's exports from Georgia in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 12.8% | 334.4% | (48.2%) | 36.4% |
From 2017 to 2020, Azerbaijan and Armenia were the key partner countries for exports in value terms, together accounting for 86.8% of total flows, while other partners made up the remainder.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Georgia in value, 2017-2020
Imports pig fat free of lean meat and poultry fat to Georgia
Imports in kind, t
Georgia's imports of pig fat free of lean meat and poultry fat declined for the second consecutive year. In 2020, import volume amounted to 2 362 tonnes, showing a sharp decline of 34.5% from the previous year. Over the period from 2017 to 2020, imports decreased by 44.4%, with a compound annual growth rate of -17.7%. The highest volume was recorded in 2018 at 4 344 tonnes, with the largest increase of 2.3% also occurring that year.
Annual dynamics of product's imports to Georgia in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 2.3% | (17.0%) | (34.5%) | (17.7%) |
From 2017 to 2020, Italy (21.5% of imports in kind), Germany (18.3%), and Spain (15.9%) stood out as the main sources for imports in kind, together representing 55.7% of total 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 imports of pig fat free of lean meat and poultry fat in value terms stood at 2 309 thousand US dollars, marking a sharp fall of 37.4% year-on-year. Over the period from 2017 to 2020, imports decreased by 36.6%, with a compound annual growth rate of -14.1%. The maximum value was recorded in 2019 at 3 688 thousand US dollars, with the largest increase of 11.0% also occurring that year.
Annual dynamics of product's imports to Georgia in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (8.8%) | 11.0% | (37.4%) | (14.1%) |
From 2017 to 2020, the leading sources for imports in value terms of pig fat free of lean meat and poultry fat to Georgia were Italy (24.7% of imports in value terms), Germany (18.3%), and Spain (15.0%), which jointly accounted for 58.1% of total flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Georgia in value, 2017-2020
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