Earlier Report Observations
The market volume for pig fat in Peru expanded from 13 651 t in 2018 to 17 129 t in 2023, despite a temporary contraction in 2020. The most pronounced growth occurred in 2023, when the market size increased by 14% year-on-year.
This acceleration was driven by a rise in per capita pork consumption, which reached 10 kg per person in 2023, more than triple the level recorded in 2011. The broader development of the frozen food market, stimulated by consumer trends toward additive-free and gluten-free products, also contributed to demand for pig fat as an ingredient in processed foods during 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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4.1.1. 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 Peru
- 5.1.1. Annual dynamics of production in Peru in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Peru 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 Peru
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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 Peru in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Peru 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 Peru in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Peru 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 Peru, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Peru 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 Peru in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Peru 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 Peru in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Peru 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 Peru, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Peru 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 Peru in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Peru 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 Peru in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Peru 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 Peru, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Peru 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 Peru in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Peru 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 Peru in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Peru 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 Peru, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Peru 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 Peru
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
Peru's production of pig fat free of lean meat and poultry fat declined after two years of growth. In 2019, production reached its peak at 13 559 tonnes. However, in 2020, it fell to 13 289 tonnes, representing a 2.0% decrease from the previous year. Over the period from 2017 to 2020, production increased by 7.6%, which translates to an average annual growth rate of 2.5%. The most significant year-on-year increase occurred in 2019, with a rise of 6.7%.
Annual dynamics of production in Peru in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 2.9% | 6.7% | (2.0%) | 2.5% |
Exports pig fat free of lean meat and poultry fat from Peru
Exports in kind, t
Annual dynamics of product's exports from Peru in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
Structure of product's exports in kind by countries, 2017-2020
Exports in value, K $ US
Annual dynamics of product's exports from Peru in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
Structure of product's exports in value by countries, 2017-2020
Imports pig fat free of lean meat and poultry fat to Peru
Imports in kind, t
Peru's imports of pig fat free of lean meat and poultry fat declined for the second consecutive year. In 2019, imports dropped sharply by 51.5%. This was followed by a further decrease in 2020, when import volume amounted to 380.9 tonnes, down by 16.8% compared to 2019. Over the four-year span from 2017 to 2020, imports fell by 43.7%, averaging an annual decline of 17.4%. The highest import volume was recorded in 2018 at 943.0 tonnes, which also saw the largest increase of 39.4% that year.
Annual dynamics of product's imports to Peru in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 39.4% | (51.5%) | (16.8%) | (17.4%) |
From 2017 to 2020, Chile dominated Peru's imports of pig fat free of lean meat and poultry fat in volume terms, accounting for 75.0% of the total. The remaining imports were distributed among various smaller trading partners.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Peru in kind, 2017-2020
Imports in value, K $ US
Peru's imports of pig fat free of lean meat and poultry fat in value terms declined for the second year in a row. In 2019, imports saw a substantial drop of 50.9%. In 2020, imports totaled 451 thousand US dollars, reflecting a significant year-over-year reduction of 10.8%. Between 2017 and 2020, import value decreased by 42.8%, with an average annual decline of 17.0%. The peak value was recorded in 2018 at 1 031 thousand US dollars, which also experienced the largest increase of 30.7% that year.
Annual dynamics of product's imports to Peru in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 30.7% | (50.9%) | (10.8%) | (17.0%) |
During the period from 2017 to 2020, Chile was the central player in Peru's import structure for pig fat free of lean meat and poultry fat in value terms, holding a 75.6% share of total imports. Other markets contributed to a smaller portion of the import flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Peru in value, 2017-2020
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