In 2023, Spain emerged as the top importer of pig and poultry fat, with a total import value of $57.23 million. The Netherlands followed with $39.28 million, and Mexico ranked third with $20.61 million. The United States, Belgium, and France also featured prominently in the top half of the list. Year-on-year analysis indicates moderate growth in these markets, with Spain showing the largest increase relative to its 2023 figures. However, over the last five years, the compound annual growth rate reveals slower, steadier growth for most countries in the import of these commodities.
Looking ahead, several trends are expected to shape the pig and poultry fat import market. Key among these are changes in global dietary preferences, sustainability concerns, and potential shifts in trade policies. An increase in demand for biofuels could also influence future import dynamics, particularly in countries with stringent environmental regulations. Watching how technological advancements and environmental policies evolve will be crucial for anticipating future import patterns in this sector.
Top countries in Top Importers of Pig and Poultry Fat
| # | 10 Countries | Million US Dollars | Last Year | |
|---|---|---|---|---|
| 1 | 1 Spain | 57.23 | 2016 | |
| 2 | 2 Netherlands | 39.28 | 2016 | |
| 3 | 3 Mexico | 20.61 | 2016 | |
| 4 | 4 United States | 20.55 | 2016 | |
| 5 | 5 Belgium | 20.38 | 2016 | |
| 6 | 6 France | 19.25 | 2016 | |
| 7 | 7 Germany | 18.01 | 2016 | |
| 8 | 8 United Kingdom | 17.59 | 2016 | |
| 9 | 9 Denmark | 12.65 | 2016 | |
| 10 | 10 Canada | 8.7 | 2016 |