The latest data on global exports of bovine, sheep, and goat fats showcases Australia, the United States, and Canada as the leading exporters, with Australia seeing a slight rise and the U.S. experiencing a decline. Notable growth occurred in India and the small player Chile, while Paraguay and Ireland have shown moderate increases. Meanwhile, countries like Switzerland and Serbia saw significant declines. Over the past five years, the compound annual growth rate (CAGR) highlights generally stable to moderate growth across most regions, with select countries experiencing notable fluctuations.
Future trends to watch include:
- Increased demand for fats in emerging markets could spur growth in exports.
- Policy changes regarding livestock and environmental concerns may influence production levels and consequentially exports.
- Advancements in trade agreements could positively impact export volumes across various nations.
Top countries in Export of Bovine, Sheep and Goat Fats by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Australia | 275,090,000 | 2023 | +0.24% | +0.96% | View data |
| 2 | 2 United States | 236,960,000 | 2023 | -5.25% | -5.32% | View data |
| 3 | 3 Canada | 155,590,000 | 2023 | +2.15% | +5.26% | View data |
| 4 | 4 France | 94,832,000 | 2023 | +1.52% | +1.07% | View data |
| 5 | 5 New Zealand | 89,248,000 | 2023 | -0.16% | +0.0078% | View data |
| 6 | 6 United Kingdom | 69,244,000 | 2023 | +1.85% | +3.4% | View data |
| 7 | 7 Germany | 62,481,000 | 2023 | +1.22% | +1.39% | View data |
| 8 | 8 Ireland | 61,044,000 | 2023 | +2.54% | +5.54% | View data |
| 9 | 9 Uruguay | 34,355,000 | 2023 | +0.033% | +0.62% | View data |
| 10 | 10 India | 31,480,000 | 2023 | +5.69% | +6.97% | View data |