The Netherlands is the top importer of raw animal fats, showing a modest year-on-year growth of 1.99% in 2023. Germany, the Philippines, and Malaysia exhibited notable increases, whereas significant declines were observed in Belgium, Ukraine, and Russia. Other countries such as France, Italy, and Japan experienced marginal growths or declines. Stabilization was seen in countries like Morocco, Israel, and Egypt, maintaining their import volumes from previous years. Countries such as Saudi Arabia and Panama recorded the highest growth rates, signaling potential shifts in import patterns.
Future trends to watch include increasing demand in Asian markets, notably in Malaysia, South Korea, and the Philippines, as they continue to expand their import volumes. Additionally, the United States and major European nations might reallocate their sources, focusing more on sustainable and alternative animal fat imports. Observing market adaptations to changing dietary trends towards alternative fats and sustainability concerns will be essential, particularly in developed economies.
Top countries in Raw Animal Fats Import Volume Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 11.96 | 2023 | +2.4% | +1.99% | View data |
| 2 | 2 Mexico | 8.56 | 2023 | -0.72% | -0.57% | View data |
| 3 | 3 China | 6.13 | 2023 | -1.99% | -0.4% | View data |
| 4 | 4 Spain | 5.85 | 2023 | -1.05% | -0.42% | View data |
| 5 | 5 Belgium | 5.2 | 2023 | -2.34% | -2.85% | View data |
| 6 | 6 Germany | 4.08 | 2023 | +1.55% | +2.11% | View data |
| 7 | 7 Philippines | 3.83 | 2023 | +2.5% | +2.07% | View data |
| 8 | 8 United States | 3.08 | 2023 | +3.13% | +1.48% | View data |
| 9 | 9 Italy | 3.08 | 2023 | +2.06% | +0.62% | View data |
| 10 | 10 Malaysia | 2.62 | 2023 | +6.33% | +2.02% | View data |
