Pig fat free of lean meat and poultry fat market in Southern Asia

Earlier Report Observations

From 2018 to 2019, the market volume for pig fat free of lean meat and poultry fat in Southern Asia increased from 29 577 t to 30 270 t. This growth was driven by rising health trends and sustainability concerns, which boosted demand for processed meat products such as salted and smoked pig fat. Government initiatives supporting technological modernization in the meat and poultry sector further enabled production expansion.

The market contracted to 28 203 t in 2020 and 26 856 t in 2021. Supply chain disruptions caused by the COVID-19 pandemic significantly reduced meat production and distribution. Concurrently, the emergence of plant-based protein alternatives began shifting consumer demand away from traditional animal fat products, influencing market patterns.

A recovery phase began in 2022, with market volume rising to 27 714 t and reaching 28 041 t in 2023. Increased government support for exporting processed meat products stimulated production, while growing consumer preference for processed meat with enhanced taste and quality contributed to the market's gradual rebound.

Production pig fat free of lean meat and poultry fat in Southern Asia

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

After two consecutive years of growth, production of pig fat free of lean meat and poultry fat in Southern Asia declined. In 2019, production reached its peak at 30 270 tonnes. However, by 2020, output had fallen to 27 824 tonnes, representing an 8.1% decrease compared to the previous year. The most significant production increase occurred in 2018, when output rose by 6.2%.

Annual dynamics of production in Southern Asia in kind, 2017-2020, t

Exports pig fat free of lean meat and poultry fat from Southern Asia

Exports in kind, t

The market experienced notable fluctuations during this period. In 2018, exports peaked at 7.0 tonnes, representing a 44.1% increase. However, in 2019, cross-border shipments of pig fat free of lean meat and poultry fat from Southern Asia plummeted to 0.0 tonnes, marking a dramatic 99.5% decline from 2018. This created a 193-fold difference between the maximum and minimum export volumes.

Annual dynamics of product's exports from Southern Asia in kind, 2017-2020, t

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Southern Asia in kind, 2017-2020

Exports in value, K $ US

Export values showed an unstable trend throughout the timeframe. In 2018, exports reached their highest point at 10.6 thousand US dollars, reflecting a 26.0% increase. The following year, in 2019, export values dropped sharply to just 0.1 thousand US dollars, representing a 99.1% decline from 2018 and creating a 116-fold gap between the peak and trough.

Annual dynamics of product's exports from Southern Asia in value, 2017-2020, K $ US

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Southern Asia in value, 2017-2020

Imports pig fat free of lean meat and poultry fat to Southern Asia

Imports in kind, t

Import volumes displayed significant volatility during these years. In 2019, imports hit their lowest point at just 0.3 tonnes, marking a 98.1% decline. The following year, in 2020, import volumes surged dramatically to 378.8 tonnes, representing an extraordinary 128,995.2% increase compared to 2019. This created a 1,291-fold difference between the minimum and maximum import volumes.

Annual dynamics of product's imports to Southern Asia in kind, 2017-2020, t

Between 2017 and 2020, Saudi Arabia dominated as the primary source for pig fat free of lean meat and poultry fat imports to Southern Asia, accounting for 82.6% of total imports by volume. Other countries contributed to the remaining share, forming a less significant portion of the import market.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Southern Asia in kind, 2017-2020

Imports in value, K $ US

Import values exhibited considerable volatility during this period. In 2019, imports reached their lowest point at 2.6 thousand US dollars, representing a 95.0% decline. The following year, in 2020, import values surged to 119.5 thousand US dollars, marking a substantial 4,561.0% increase compared to 2019 and creating a 47-fold gap between the trough and peak.

Annual dynamics of product's imports to Southern Asia in value, 2017-2020, K $ US

From 2017 to 2020, Saudi Arabia, Thailand, and Denmark were the main sources of imports by value. Saudi Arabia accounted for 40.0% of total import value, Thailand contributed 11.6%, and Denmark represented 8.7%. Together, these three countries accounted for 60.3% of total import flows in value terms.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Southern Asia in value, 2017-2020