"Northern America" region includes following countries:
Earlier Report Observations
Between 2018 and 2020, the production of pig fat in Northern America increased from 3 367 thousand tons to 3 622 thousand tons, while the market volume grew from 3 304 thousand tons to 3 569 thousand tons. In value terms, the expansion was more pronounced, with production rising from $3.8 billion to $5.8 billion and the market size from $3.7 billion to $5.7 billion.
After 2020, production and market volume saw a moderate decline, settling at 3 500 thousand tons and 3 452 thousand tons respectively in 2023. Market value, however, continued its upward trend to $5.7 billion, indicating a significant increase in unit value over the period.
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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4.1.2. In value
- 4.1.2.1. Production, 2018-2023
- 4.1.2.2. Imports, 2018-2024
- 4.1.2.3. Exports, 2018-2024
- 4.1.2.4. 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 Northern America
- 5.1.1. Annual dynamics of production in Northern America in kind, 2018-2023, K t
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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 Northern America
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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 Bermuda in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's exports in kind from Bermuda 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 Bermuda in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's exports in value from Bermuda 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 Bermuda, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's exports from Bermuda 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 Bermuda in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's exports in kind from Bermuda 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 Bermuda in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's exports in value from Bermuda 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 Bermuda, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's exports from Bermuda 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 Bermuda in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's imports in kind to Bermuda 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 Bermuda in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's imports in value to Bermuda 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 Bermuda, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's imports to Bermuda 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 Bermuda in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's imports in kind to Bermuda 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 Bermuda in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's imports in value to Bermuda 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 Bermuda, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's imports to Bermuda 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 Northern America
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 Northern America has increased for the third consecutive year. In 2020, output reached 3 622 K t, marking a 2.6% rise from the previous year. From 2017 to 2020, production grew by 10.5%, with a compound annual growth rate (CAGR) of 3.4%.
Annual dynamics of production in Northern America in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 2.7% | 4.9% | 2.6% | 3.4% |
In value, 2017-2020, M $ US
The value of pig fat free of lean meat and poultry fat production in Northern America has risen for the third year in a row. In 2020, production was valued at 5 766 M $ US, showing a strong increase of 18.7% compared to 2019. Between 2017 and 2020, production value surged by 63.7%, equating to an annualized growth rate of 17.9%.
Annual dynamics of production in Northern America in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 7.0% | 28.8% | 18.7% | 17.9% |
Exports pig fat free of lean meat and poultry fat from Northern America
Exports in kind, t
Exports of pig fat free of lean meat and poultry fat from Northern America have declined for the second consecutive year. In 2020, exports totaled 54 214 t, a slight decrease of 2.0% year-over-year. From 2017 to 2020, exports fell by 12%, with an annualized decline of 4.2%. The largest increase occurred in 2018, at 2.4%, while the largest drop was in 2019, at 12.4%. The peak export volume was recorded in 2018, at 63 086 t.
Annual dynamics of product's exports from Northern America in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 2.4% | (12.4%) | (2.0%) | (4.2%) |
From 2017 to 2020, Japan, Mexico, and South Korea were consistently the main destinations for exports in kind. Japan accounted for 41.6% of exports, Mexico for 28.3%, and South Korea for 5.4%, together making up 75.3% of total flows.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Northern America in kind, 2017-2020
Exports in value, K $ US
Export value of pig fat free of lean meat and poultry fat from Northern America has increased for the third consecutive year. In 2020, exports stood at 86 288 K $ US, up by 13.5% from the previous year. Over the period 2017-2020, export value grew by 30.4%, with a CAGR of 9.2%.
Annual dynamics of product's exports from Northern America in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 6.7% | 7.6% | 13.5% | 9.2% |
From 2017 to 2020, the leading destinations for exports in value terms were Japan, Mexico, and South Korea. Japan represented 55.2% of export value, Mexico 14.9%, and South Korea 5.2%, collectively accounting for 75.2% of total flows.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Northern America in value, 2017-2020
Imports pig fat free of lean meat and poultry fat to Northern America
Imports in kind, t
After two years of growth, imports of pig fat free of lean meat and poultry fat into Northern America declined. In 2020, import volume amounted to 382 t, down by 3.8% from the previous year. From 2017 to 2020, imports increased by 24.1%, with a CAGR of 7.5%. The largest rise was in 2019, at 20.7%, and the peak volume was recorded in 2019, at 397 t.
Annual dynamics of product's imports to Northern America in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 6.9% | 20.7% | (3.8%) | 7.5% |
From 2017 to 2020, France, Spain, and Poland were consistently the main sources for imports in kind. France accounted for 22.4% of imports, Spain for 19.4%, and Poland for 17.6%, together representing 59.3% of total flows.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Northern America in kind, 2017-2020
Imports in value, K $ US
Import value of pig fat free of lean meat and poultry fat into Northern America has risen for the third consecutive year. In 2020, imports stood at 489 K $ US, reflecting a modest increase of 7.4% compared to 2019. Over the period 2017-2020, import value surged by 69.5%, with a CAGR of 19.2%.
Annual dynamics of product's imports to Northern America in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 19.0% | 32.6% | 7.4% | 19.2% |
Throughout 2017 to 2020, Spain, Poland, and France remained the key markets for imports in value terms, collectively accounting for 53.9% of total flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Northern America in value, 2017-2020
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