The market for rendered lard and other pig fat in Finland experienced significant variations from 2012 to 2022. Starting at €686.6K in 2012, the value peaked at €800.5K in 2016 but saw a substantial decline thereafter, reaching €466.26K in 2022. The largest year-on-year decrease occurred in 2020 at -20.76%. From 2018 to 2022, the Compound Annual Growth Rate (CAGR) was consistently negative, with the lowest at -10.78% from 2020 to 2021, indicating a declining trend over the past five years.
Future trends to watch in this market include shifts in consumer preferences towards plant-based fats, advancements in alternative fat production technologies, and potential regulatory changes affecting the pork industry. Additionally, sustainability and health trends may impact market demand.
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 290,390,000 | 2023 | +0.42% | +2.37% | View data |
| 2 | 2 Poland | 93,141,000 | 2023 | +2.27% | -1.14% | View data |
| 3 | 3 Netherlands | 85,637,000 | 2023 | -2.88% | -2.14% | View data |
| 4 | 4 Czech Republic | 11,099,000 | 2023 | -0.79% | +1.82% | View data |
| 5 | 5 Austria | 8,716,100 | 2023 | +4.63% | +0.98% | View data |
| 6 | 6 Finland | 550,990 | 2023 | +2.58% | -0.86% | |
| 7 | 7 Estonia | 168,240 | 2023 | -2.58% | -2.12% | View data |
