Earlier Report Observations
Between 2018 and 2023, the market volume for pig fat in Uruguay experienced notable volatility. It peaked at 7,371 t in 2019, then contracted sharply to 5,415 t in 2020, before partially recovering and stabilizing around 6,000 t in the following years.
The market surge in 2019 was driven primarily by a jump in imports to 6,455 t, even as domestic production dipped. The subsequent drop in 2020 coincided with a reduction in imports to 4,451 t. From 2021 to 2023, imports held relatively steady near 5,000 t, while domestic production fluctuated around 1,100 t, sustaining a market volume below the 2019 high.
In 2024, imports of pig fat rose to 5,467 t. This increase occurred alongside a broader rise in meat consumption within Uruguay, with per capita consumption reaching 99.3 kg, which likely supported demand for pork derivatives. Furthermore, Marfrig's inauguration of a new hamburger production plant in Tacuarembó signaled continued investment in the meat sector, potentially influencing the supply chain for pork products.
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 Uruguay
- 5.1.1. Annual dynamics of production in Uruguay in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Uruguay 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 Uruguay
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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 Uruguay in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Uruguay 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 Uruguay in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Uruguay 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 Uruguay, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Uruguay 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 Uruguay in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Uruguay 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 Uruguay in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Uruguay 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 Uruguay, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Uruguay by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data)
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7. Trade balance
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7.1. Trade balance (Direct Data)
- 7.1.1. In kind, t
- 7.1.2. In value, K $ US
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7.2. Trade balance (Mirror Data)
- 7.2.1. In kind, t
- 7.2.2. In value, K $ US
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7.1. Trade balance (Direct Data)
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8. Top buying and selling countries, 2018-2024
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8.1. Direct Data
- 8.1.1. Import in Value by Countries-buyers
- 8.1.2. Export in Value by Countries-suppliers
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8.2. Mirror Data
- 8.2.1. Import in Value by Countries-buyers
- 8.2.2. Export in Value by Countries-suppliers
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8.1. Direct Data
Production pig fat free of lean meat and poultry fat in Uruguay
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
Uruguay's production of pig fat free of lean meat and poultry fat increased after a two-year decline. In 2020, the country produced 964 tonnes, marking a modest year-over-year increase of 5.3%. However, over the 2017-2020 period, production fell by 26.2%, with a compound annual growth rate of -9.6%. The lowest production level was recorded in 2019 at 915 tonnes, which also saw the largest annual decline of 24.1%.
Annual dynamics of production in Uruguay in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (7.7%) | (24.1%) | 5.3% | (9.6%) |
Exports pig fat free of lean meat and poultry fat from Uruguay
Exports in kind, t
Annual dynamics of product's exports from Uruguay in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
From 2017 to 2020, Uruguay's exports of pig fat free of lean meat and poultry fat were almost exclusively directed to Brazil, which accounted for 100.0% of total export volumes.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Uruguay in kind, 2017-2020
Exports in value, K $ US
Annual dynamics of product's exports from Uruguay in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
During the 2017-2020 period, Brazil was the sole destination for Uruguay's exports in value terms, representing 100.0% of total export revenue.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Uruguay in value, 2017-2020
Imports pig fat free of lean meat and poultry fat to Uruguay
Imports in kind, t
Uruguay imported 4 451 tonnes of pig fat free of lean meat and poultry fat in 2020, representing a sharp decline of 31.0% compared to 2019. Over the 2017-2020 period, imports decreased by 19.7%, with a compound annual growth rate of -7.1%. The highest import volume was recorded in 2019 at 6 455 tonnes, which also saw the largest annual increase of 39.4%.
Annual dynamics of product's imports to Uruguay in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (16.5%) | 39.4% | (31.0%) | (7.1%) |
From 2017 to 2020, Spain (43.3% of import volumes), Chile (15.3%), and Germany (12.7%) were the main sources of Uruguay's imports in kind, together accounting for 71.3% of total import flows.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Uruguay in kind, 2017-2020
Imports in value, K $ US
The import market showed volatility during the observed period. Import values reached their lowest point in 2018 at 4 306 thousand US dollars and peaked in 2019 at 7 640 thousand US dollars, representing a 1.8-fold difference between these years. In 2020, Uruguay's import value stood at 5 962 thousand US dollars, which was 22.0% lower than the previous year. The largest annual increase occurred in 2019 at 77.4%.
Annual dynamics of product's imports to Uruguay in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (20.6%) | 77.4% | (22.0%) | 3.2% |
Between 2017 and 2020, Spain (40.0% of import value), Chile (16.4%), and Brazil (13.2%) were the largest suppliers of pig fat free of lean meat and poultry fat to Uruguay in value terms, together comprising 69.7% of total import value.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Uruguay in value, 2017-2020
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