The import volume share of global animal fats in 2023 was led by the Netherlands (9.47 thousand metric tons), followed by China (8.34), Belgium (7.63), France (6.9), and Germany (6.4). The largest year-on-year increases were noted in Panama (4.84%), Indonesia (2.87%), Poland (2.92%), and Finland (2.48%). Conversely, significant declines included Ukraine (-6.47%), Russia (-4.42%), and Algeria (-8.46%). Over a five-year period, trends indicate steady growth in emerging markets like India and Madagascar, with CAGR indicating consistent increases.
Future trends to watch for include increased demand in developing nations, potential market shifts due to geopolitical tensions, and the impact of evolving dietary preferences towards plant-based alternatives which may affect the animal fats market globally.
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 9.47 | 2023 | +2.09% | +1.53% | View data |
| 2 | 2 China | 8.34 | 2023 | 0% | 0% | View data |
| 3 | 3 Belgium | 7.63 | 2023 | +1.66% | +0.036% | View data |
| 4 | 4 France | 6.9 | 2023 | +0.4% | +0.32% | View data |
| 5 | 5 Germany | 6.4 | 2023 | +0.43% | +0.89% | View data |
| 6 | 6 Mexico | 4.35 | 2023 | -0.63% | -0.064% | View data |
| 7 | 7 Spain | 3.5 | 2023 | 0% | +0.16% | View data |
| 8 | 8 Italy | 3.18 | 2023 | +0.88% | +0.17% | View data |
| 9 | 9 Norway | 2.76 | 2023 | +0.51% | +0.41% | View data |
| 10 | 10 Denmark | 2.63 | 2023 | -0.52% | -1.12% | View data |