What is the price of pig fat per kilogram/pound in Japan today?
The retail price range for Japan pig fat is between US$ 3.39 and US$ 141.42 per kilogram or between US$ 1.54 and US$ 64.13 per pound(lb). Click here to see today's exact prices of pig fat in Japan
The retail price range in Yen for pig fat is between JPY 468.25 and JPY 19,532.54 per kilogram or between JPY 212.36 and JPY 8,858.30 per pound(lb) in Tokyo and Yokohama.
Wholesale prices
In 2024, the approximate wholesale price range for Japan pig fat is between US$ 2.37 and US$ 98.99 per kilogram or between US$ 1.08 and US$ 44.89 per pound(lb).
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Japan Pig Fat Export Prices - Historical, Trends and Prediction
The export price per kilogram of Pig Fat from Japan over the last five years has seen a steady increase. In 2017, the price was 1.56 US $ per kg, and in 2021 it was 0.92 US $ per kg. The highest price was recorded in 2018 at 1.83 US $ per kg. The most recent price in 2022 was 2.41 US $ per kg. Based on this data, it is predicted that the export price per kilogram of Pig Fat from Japan in 2023 will be around 2.50 US $ per kg, and in 2024 it will be around 2.60 US $ per kg.The pig fat exports from Japan are categorised as:
- Lard, rendered or otherwise extracted (excluding lard stearin and lard oil) (HS code 150110)
- Pig fat, incl. lard, and poultry fat, rendered or otherwise extracted (excluding lard stearin and lard oil) (HS code 150100)
- Pig fat, rendered or otherwise extracted (excluding lard) (HS code 150120)
- Pig fat, free of lean meat, and poultry fat, not rendered or otherwise extracted, fresh, chilled, frozen, salted, in brine, dried or smoked (HS code 020900)
- Pig fat, free of lean meat, not rendered or otherwise extracted, fresh, chilled, frozen, salted, in brine, dried or smoked (HS code 020910)
Japan Pig Fat Import Prices - Historical, Trends and Prediction
The import price per kilogram of Pig Fat into Japan has seen a steady increase over the last five years. In 2016, the price was 1.48 US dollars per kg, and by 2021, it had risen to 0.92 US dollars per kg. The highest price was recorded in 2018, when it was 1.83 US dollars per kg. The most recent price, in 2022, was 2.41 US dollars per kg. Based on this trend, it is likely that the import price per kilogram of Pig Fat into Japan will continue to increase in the next two years. We can predict that the price in 2023 will be around 2.60 US dollars per kg, and in 2024, it will be around 2.80 US dollars per kg.Export values for Japan pig fat
The total values in export for pig fat in Japan were US$ 59, US$ 56, US$ 137 and US$ 135 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Meat category in Japan: Pork, Mutton, Goat Meat, Horse Meat, Chicken Meat, Turkey Meat, Duck Meat, Geese Meat, Guinea Fowls Meat & Rabbit Meat.
See prices of pig fat in other countries across Asia: Kazakhstan pig fat, Kyrgyzstan pig fat, Tajikistan pig fat, Turkmenistan pig fat, Uzbekistan pig fat, China pig fat, Hong Kong pig fat, Macao pig fat, North Korea pig fat & Mongolia pig fat.
Japan pig fat - Production, Exports, Imports, Seasons and HS Codes
The amount of pig fat sold by Japan in 2020 was 1,745 tons. In 2019 Japan sold 79 tonnes of pig fat. For 2019 alone, the market for Japan pig fat (meat category) has improved, recording a change of 5.333 pc compared to the year 2018. Between 2017 and 2019, pig fat's exports grew by 119.44% netting Japan US$0.14m for the year 2019. Japan's pig fat exports are categorised as:
- Pig fat, free of lean meat, not rendered or otherwise extracted, fresh, chilled, frozen, salted, in brine, dried or smoked (HS code 020910)
- Pig fat, incl. lard, and poultry fat, rendered or otherwise extracted (excluding lard stearin and lard oil) (HS code 150100)
- Lard, rendered or otherwise extracted (excluding lard stearin and lard oil) (HS code 150110)
- Pig fat, free of lean meat, and poultry fat, not rendered or otherwise extracted, fresh, chilled, frozen, salted, in brine, dried or smoked (HS code 020900)
- Pig fat, rendered or otherwise extracted (excluding lard) (HS code 150120)
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Japan pig fat export values
In 2019, Japan shipped pig fat with a value of 0.14m USD, an increase of 2.19% from 2018's total pig fat export of 0.137m USD. The annual increase in value of Japan pig fat between 2017 to 2018 was 144.643 percent.
The annual/yearly change in the quantity of Japan's pig fat exports between 2017 and 2019 was 119.44% in comparison to a variation of 5.333% in the period between 2018 and 2019.
Export markets for Japan pig fat ( in '000$ )
Japan's best performing export markets for pig fat are Hong Kong.
Japan procured 47,405 tonnes of pig fat in 2019.