Earlier Report Observations
The market for pig fat in Laos expanded consistently from 2018 to 2023, with production rising from 8 260 t to 9 987 t and total market volume growing from 8 268 t to 9 921 t. This represents an increase of approximately 20% over the six-year period, driven primarily by domestic output as imports remained negligible and exports played only a minor role.
After negligible trade activity in earlier years, exports saw a temporary surge to 140 t in 2022 before falling back to 66 t in 2023. Imports, which had briefly reached 28 t in 2020, ceased entirely from 2021 onward, making the market almost entirely supplied by local production. The steady climb in output was uninterrupted, with annual growth rates remaining positive throughout.
By 2023, broader shifts in Lao consumer preferences—including a growing interest in locally sourced food products—provided a supportive backdrop for domestic pig fat production. While no major regulatory changes or new market entrants were recorded, this trend toward local sourcing likely helped sustain demand for domestically produced animal fats.
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 Laos
- 5.1.1. Annual dynamics of production in Laos in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Laos 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 Laos
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6. Imports
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6.1. Imports (Direct Data*)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Laos in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Laos by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Laos in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Laos by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Laos, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Laos by countries, 2018-2024, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Laos in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Laos by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Laos in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Laos by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Laos, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Laos by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data*)
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7. Exports
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7.1. Exports (Direct Data*)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Laos in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Laos by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Laos in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Laos by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's exports from Laos, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Laos by countries, 2018-2024, $ US/t
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Laos in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Laos by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Laos in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Laos by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's exports from Laos, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Laos by countries, 2018-2024, $ US/t
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7.1. Exports (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 Laos
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
Laos saw a second consecutive year of growth in the production of pig fat free of lean meat and poultry fat. In 2020, the country produced 9 335 tonnes, marking a modest year-over-year increase of 4.7%. Over the period from 2017 to 2020, production rose by 11.6%, with a compound annual growth rate of 3.7%. The lowest production level was recorded in 2018 at 8 260 tonnes, which also saw the largest decline of 1.2%. In contrast, 2019 experienced the most significant increase at 7.9%.
Annual dynamics of production in Laos in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (1.2%) | 7.9% | 4.7% | 3.7% |
Exports pig fat free of lean meat and poultry fat from Laos
Exports in kind, kg
In 2020, Laos exported 13 700 kg of pig fat free of lean meat and poultry fat, representing a substantial 585.0% increase compared to 2019.
Annual dynamics of product's exports from Laos in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | 585.0% | - |
From 2017 to 2020, Hong Kong was the sole destination for Laos's exports in kind, accounting for 100.0% of the total flows.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Laos in kind, 2017-2020
Exports in value, K $ US
Laos's exports of pig fat free of lean meat and poultry fat in value terms reached 127.4 thousand US dollars in 2020, up by 585.0% year-over-year.
Annual dynamics of product's exports from Laos in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | 585.0% | - |
During 2017–2020, exports in value terms were entirely concentrated on Hong Kong, which made up 100.0% of the total flows.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Laos in value, 2017-2020
Imports pig fat free of lean meat and poultry fat to Laos
Imports in kind, kg
The import market showed notable fluctuations over the period. Imports reached their lowest point in 2019 at 7 200 kg, with the largest decline of 14.4% that year. By 2020, imports surged to 27 500 kg, a sharp increase of 281.9% compared to 2019, resulting in a 3.8-fold difference between the peak in 2020 and the trough in 2019.
Annual dynamics of product's imports to Laos in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | (14.4%) | 281.9% | - |
From 2017 to 2020, all imports in kind of pig fat free of lean meat and poultry fat to Laos came from China, making it the overwhelmingly dominant market with a 100.0% share.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Laos in kind, 2017-2020
Imports in value, K $ US
Import values exhibited volatility during the observed years. The lowest value was recorded in 2019 at 5.8 thousand US dollars, accompanied by the largest decline of 9.4%. In 2020, imports rose to 12.7 thousand US dollars, a 120.5% increase from the previous year, leading to a 2.2-fold difference between the 2020 peak and the 2019 trough.
Annual dynamics of product's imports to Laos in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | (9.4%) | 120.5% | - |
Between 2017 and 2020, Laos's imports in value terms were entirely dependent on China, which accounted for 100.0% of the total flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Laos in value, 2017-2020
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