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

Earlier Report Observations

The pig fat market in Western Asia contracted by over 11% between 2018 and 2020, dropping from 13,431 t to 11,901 t. From 2021 to 2023, market volume stabilized, fluctuating near the 12,000 t mark.

This trajectory was primarily driven by import trends, as imports fell from 10,541 t in 2018 to 8,952 t in 2020 and remained volatile thereafter. Domestic production showed moderate swings, ranging from 3,216 t to 3,503 t, while exports played a minor role in overall market size calculations.

Production pig fat free of lean meat and poultry fat in Western 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

Pig fat free of lean meat and poultry fat production in Western Asia increased for the second consecutive year. In 2020, production reached 3 503 tonnes, marking a 5.6% increase compared to 2019. Over the period from 2017 to 2020, production declined by 25%, with a compound annual growth rate of -9.1%. The lowest production level was recorded in 2018 at 3 273 tonnes, which also saw the largest decline of 29.9%.

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

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

Exports in kind, t

Foreign supplies of pig fat free of lean meat and poultry fat from Western Asia increased for the second consecutive year. In 2020, Western Asia exported 555 tonnes, representing an 8.4% year-over-year increase. Over the 2017-2020 period, exports decreased by 16%, with a compound annual growth rate of -5.6%. The lowest export volume was recorded in 2018 at 383 tonnes, which also experienced the largest decline of 41.9%. The largest increase occurred in 2019, with a growth of 33.5%.

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

From 2017 to 2020, the primary buyers of pig fat free of lean meat and poultry fat from Western Asia were Greece, accounting for 26.2% of exports in kind; Serbia, with 15.7%; and Russia, at 10.8%. Together, these three countries represented 52.6% of total exports in kind.

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

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

Exports in value, K $ US

There were noticeable fluctuations in market performance during this period. Exports reached their peak in 2019 and fell to their lowest point in 2018, with a threefold difference between these years. In 2020, exported volumes from Western Asia totalled 574 thousand US dollars, showing no significant change compared to the previous year. The minimum value was recorded in 2018 at 191 thousand US dollars, while the maximum was in 2019 at 575 thousand US dollars. The largest decline occurred in 2018 at 57.9%, and the largest increase was in 2019 at 200.7%.

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

Data from 2017 to 2020 indicate that exports in value terms of pig fat free of lean meat and poultry fat from Western Asia were not concentrated on a few key destinations. Serbia accounted for 16.7% of exports in value terms, Greece for 11.8%, and Albania for 10.8%. Together, these three countries represented only 39.3% of total flows.

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

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

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

Imports in kind, t

Pig fat free of lean meat and poultry fat volumes imported by Western Asia declined for the second consecutive year. In 2020, import volume totalled 8 952 tonnes, constituting a decrease of 7.1% compared to 2019. Over the period from 2017 to 2020, imports decreased by 15%, with a compound annual growth rate of -5.3%. The highest import volume was recorded in 2018 at 10 541 tonnes. The largest decline occurred in 2019 at 8.5%, while the largest increase was in 2018 at 0.0%.

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

From 2017 to 2020, Italy was the main market for imports in kind, accounting for 29.9%, followed by Spain at 14.0% and Germany at 13.2%. Together, these three countries represented 57.1% of total import flows.

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

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

Imports in value, K $ US

In 2020, pig fat free of lean meat and poultry fat imports into Western Asia totalled 11 315 thousand US dollars, reflecting a slight decline of 0.9% year-over-year. Over the period from 2017 to 2020, imports increased by 15.4%, with a compound annual growth rate of 4.9%. The minimum value was recorded in 2018 at 9 209 thousand US dollars, while the maximum was in 2019 at 11 413 thousand US dollars. The largest decline occurred in 2018 at 6.1%, and the largest increase was in 2019 at 23.9%.

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

From 2017 to 2020, Italy was the main market for imports in value terms, accounting for 30.8%, followed by Germany at 12.7% and Spain at 12.0%. Together, these three countries represented 55.5% of total import flows.

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

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