What is the price of pig fat per kilogram/pound in Portugal today?
The retail price range for Portugal pig fat is between US$ 3.40 and US$ 8.66 per kilogram or between US$ 1.54 and US$ 3.93 per pound(lb). Click here to see today's exact prices of pig fat in Portugal
The retail price range in Euro for pig fat is between EUR 3.15 and EUR 8.00 per kilogram or between EUR 1.43 and EUR 3.63 per pound(lb) in Lisbon and Porto.
Wholesale prices
In 2024, the approximate wholesale price range for Portugal pig fat is between US$ 2.38 and US$ 6.06 per kilogram or between US$ 1.08 and US$ 2.75 per pound(lb).
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Portugal pig fat - Production, Exports, Imports, Seasons and HS Codes
The amount of pig fat exported by Portugal in 2020 was 4,490 metric tons. In 2019 Portugal exported 3,808 tonnes of pig fat. Across 2019 alone, the interest in Portugal pig fat (meat category) has decreased, changing by -4.514 per cent compared to the year 2018. Between 2017 and 2019, pig fat's exports reduced by -28.69 pc earning the country US$1.98m for the year 2019. Portugal's pig fat exports are categorised as:
- Pig fat, free of lean meat, and poultry fat, not rendered or otherwise extracted, fresh, chilled, frozen, salted, in brine, dried or smoked (HS code 020900)
- Pig fat, rendered or otherwise extracted (excluding lard) (HS code 150120)
- Lard, rendered or otherwise extracted (excluding lard stearin and lard oil) (HS code 150110)
- Pig fat, incl. lard, and poultry fat, rendered or otherwise extracted (excluding lard stearin and lard oil) (HS code 150100)
- Pig fat, free of lean meat, not rendered or otherwise extracted, fresh, chilled, frozen, salted, in brine, dried or smoked (HS code 020910)
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Portugal pig fat export values
In 2019, Portugal exported pig fat valued at 1.98m USD, a contraction of -0.25% from 2018's total pig fat export of 1.985m USD. The yearly change in value of Portugal pig fat between 2017 to 2018 was -32.552 per cent.
The annual/yearly variation in the amount of Portugal's pig fat exports between 2017 and 2019 was -28.69% compared to a variation of -4.514% in the period between 2018 and 2019.
Portugal's portion of the world's total pig fat's exports in 2019 was less than 1%. The country is ranked position 22 in world exports of pig fat.
Export markets for Portugal pig fat ( in '000$ )
Portugal's leading destinations for pig fat are Spain, Angola, United Kingdom (UK), the Netherlands and Germany.
Import/Export Trends
Portugal is a net importer of pig fat. The annual growth of Portugal pig fat in value between 2015 to 2019 was 72%, per year, while annual growth in quantity for the same period was 38%, per annum.
Portugal imported 4,529 tonnes of pig fat in 2019.