Earlier Report Observations
From 2018 to 2021, Mexico's pig fat market showed consistent growth, with production rising from 105.4 thousand tons to 118.7 thousand tons and market volume expanding from 104.8 thousand tons to 124.2 thousand tons. This period reflected stable domestic demand and incremental increases in output.
In 2022, market volume experienced a slight contraction to 121.1 thousand tons. During this year, consumer preferences were shaped by health considerations: fresh pig fat was perceived as a healthier alternative to hydrogenated vegetable fats due to its lack of trans fats, yet negative associations with heart disease persisted among some consumers. These competing influences contributed to a stabilization of overall consumption.
The market rebounded sharply in 2023, with volume reaching 155.3 thousand tons. This surge was primarily driven by a significant increase in imports, which jumped to 31.7 thousand tons, meeting heightened demand and offsetting the previous year's minor decline.
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, 2018-2025
- 4.1.1.3. Exports, 2018-2025
- 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 Mexico
- 5.1.1. Annual dynamics of production in Mexico in kind, 2018-2023, K t
- 5.1.2. Annual dynamics of production in Mexico 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, K 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, K 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 Mexico
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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 Mexico in kind, 2018-2025, t
- 6.1.2.2. Dynamics of product's imports in kind to Mexico by countries, 2018-2025, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2025
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Mexico in value, 2018-2025, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Mexico by countries, 2018-2025, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2025
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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 Mexico, 2018-2025, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Mexico by countries, 2018-2025, $ 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 Mexico in kind, 2018-2025, t
- 6.2.2.2. Dynamics of product's imports in kind to Mexico by countries, 2018-2025, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2025
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Mexico in value, 2018-2025, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Mexico by countries, 2018-2025, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2025
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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 Mexico, 2018-2025, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Mexico by countries, 2018-2025, $ 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 Mexico in kind, 2018-2025, t
- 7.1.2.2. Dynamics of product's exports in kind from Mexico by countries, 2018-2025, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2025
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Mexico in value, 2018-2025, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Mexico by countries, 2018-2025, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2025
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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 Mexico, 2018-2025, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Mexico by countries, 2018-2025, $ 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 Mexico in kind, 2018-2025, t
- 7.2.2.2. Dynamics of product's exports in kind from Mexico by countries, 2018-2025, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2025
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Mexico in value, 2018-2025, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Mexico by countries, 2018-2025, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2025
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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 Mexico, 2018-2025, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Mexico by countries, 2018-2025, $ 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, 2018-2025
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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 Mexico
In kind, 2018-2021, K t
From 2018 to 2021, Mexico maintained the 9th position globally in terms of production volume for pig fat free of lean meat and poultry fat.
Top producers of pig fat free of lean meat and poultry fat, 2018-2021
World map of production of pig fat free of lean meat and poultry fat, 2018-2021
Mexico's production of pig fat free of lean meat and poultry fat grew for the third consecutive year. In 2021, the country produced 118.7 K t, marking a 2.5% increase from the previous year. Over the 2018-2021 period, production rose by 12.7%, with a compound annual growth rate of 4.1%.
Annual dynamics of production in Mexico in kind, 2018-2021, K t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 6.5% | 3.2% | 2.5% | 4.1% |
Exports pig fat free of lean meat and poultry fat from Mexico
Exports in kind, t
In 2021, Mexico exported 517 t of pig fat free of lean meat and poultry fat, representing a 27.8% increase compared to 2020. However, between 2018 and 2021, overall exports declined by 10%, which translates to an annualized decrease of 3.5%.
Annual dynamics of product's exports from Mexico in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 27.8% | n/a | n/a | (3.5%) |
During the 2018–2021 period, Japan and China were the two leading destinations, together accounting for 100.0% of Mexico's total exports in kind of pig fat free of lean meat and poultry fat.
Structure of product's exports in kind by countries, 2018-2021
World map of product's exports from Mexico in kind, 2018-2021
Exports in value, K $ US
The market displayed volatility throughout the observed period. From 2018 to 2019, there was a peak-to-trough amplitude of 2.1 times. In 2021, Mexico's exports of pig fat free of lean meat and poultry fat reached 831 K $ US, a significant 115.0% increase from the previous year.
Annual dynamics of product's exports from Mexico in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 115.0% | n/a | n/a | 25.2% |
Between 2018 and 2021, Japan and China dominated Mexico's exports in value terms, collectively representing 100.0% of total flows.
Structure of product's exports in value by countries, 2018-2021
World map of product's exports from Mexico in value, 2018-2021
Imports pig fat free of lean meat and poultry fat to Mexico
Imports in kind, t
Annual dynamics of product's imports to Mexico in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
From 2018 to 2021, Canada and the United States were the primary sources for imports in kind, jointly accounting for 81.2% of total flows, with the remaining share distributed among other markets.
Structure of product's imports in kind by countries, 2018-2021
World map of product's imports to Mexico in kind, 2018-2021
Imports in value, K $ US
Annual dynamics of product's imports to Mexico in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
Over the 2018–2021 period, Canada and the United States consistently made up 83.7% of Mexico's total imports in value terms, reflecting a high degree of concentration alongside a diverse range of smaller markets.
Structure of product's imports in value by countries, 2018-2021
World map of product's imports to Mexico in value, 2018-2021
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