From 2011 to 2019, the price of rendered lard and other pig fat in Spain generally decreased with minor fluctuations. The price peaked in 2011 at €1.11 per kilogram and saw a notable decline until 2015, hitting €0.78. A brief recovery occurred until 2017, reaching €0.97, followed by another drop, stabilizing around €0.83 in 2019.
Key variations to note:
- From 2013 to 2015, prices fell sharply with about a 22% decline.
- The 5-year CAGR (2015-2019) shows minimal average annual growth, indicating a relatively stable market.
Looking forward, keep an eye on factors like feed cost inflation, economic conditions, and evolving consumer preferences that might influence pig fat prices. Technological advancements in agriculture and sustainability trends may also impact prices in future years.
