What is the price of pig fat per kilogram/pound in United Kingdom (UK) today?
The retail price range for United Kingdom (UK) pig fat is between US$ 3.86 and US$ 7.73 per kilogram or between US$ 1.75 and US$ 3.51 per pound(lb). Click here to see today's exact prices of pig fat in United Kingdom (UK)
The retail price range in British pound sterling for pig fat is between GBP 3.11 and GBP 6.21 per kilogram or between GBP 1.41 and GBP 2.82 per pound(lb) in London and Birmingham.
Wholesale prices
In 2024, the approximate wholesale price range for United Kingdom (UK) pig fat is between US$ 2.71 and US$ 5.41 per kilogram or between US$ 1.23 and US$ 2.45 per pound(lb).
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United Kingdom (UK) Pig Fat Export Prices - Historical, Trends and Prediction
The export price per kilogram of Pig Fat from the United Kingdom has seen a steady decline over the last five years. In 2011, the price was 0.92 US dollars per kg, and by 2016, it had dropped to 0.51 US dollars per kg. In 2017, the price rose to 0.68 US dollars per kg, and then increased further to 0.74 US dollars per kg in 2018. In 2019, the price was 0.79 US dollars per kg, and then jumped to 1.83 US dollars per kg in 2020. The price then dropped to 1.74 US dollars per kg in 2021, and then rose again to 2.96 US dollars per kg in 2022. Based on this trend, it is predicted that the export price per kilogram of Pig Fat from the United Kingdom will be 3.20 US dollars per kg in 2023 and 3.44 US dollars per kg in 2024.The exports of pig fat from United Kingdom (UK) are classified as:
- 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, 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)
- 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)
United Kingdom (UK) Pig Fat Import Prices - Historical, Trends and Prediction
Export values for United Kingdom (UK) pig fat
The total values in export for pig fat in United Kingdom (UK) were US$ 7,158, US$ 4,689, US$ 4,288 and US$ 5,737 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Meat category in United Kingdom (UK): 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 Europe: Georgia pig fat, Albania pig fat, Belarus pig fat, Bosnia and Herzegovina pig fat, Bulgaria pig fat, Croatia pig fat, Czech Republic pig fat, Estonia pig fat, Greece pig fat & Hungary pig fat.
United Kingdom (UK) pig fat - Production, Exports, Imports, Seasons and HS Codes
The amount of pig fat sold by United Kingdom (UK) in 2020 was 5,678 metric tons. In 2019 United Kingdom (UK) exported 7,222 tonnes of pig fat. Across 2019 alone, the demand for United Kingdom (UK) pig fat (meat category) has surged, changing by 24.431 percent compared to the year 2018. Between 2017 and 2019, pig fat's exports increased by 4.5% netting the country US$5.74m for the year 2019. United Kingdom (UK)'s pig fat exports are categorised as:
- Pig fat, free of lean meat, and poultry fat, not rendered or otherwise extracted, fresh, chilled, frozen, salted, in brine, dried or smoked (HS code 020900)
- Lard, rendered or otherwise extracted (excluding lard stearin and lard oil) (HS code 150110)
- Pig fat, rendered or otherwise extracted (excluding lard) (HS code 150120)
- Pig fat, incl. lard, and poultry fat, rendered or otherwise extracted (excluding lard stearin and lard oil) (HS code 150100)
- Pig fat, free of lean meat, not rendered or otherwise extracted, fresh, chilled, frozen, salted, in brine, dried or smoked (HS code 020910)
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United Kingdom (UK) pig fat export values
In 2019, United Kingdom (UK) supplied pig fat valued at 5.74m USD, an increase of 33.86% from 2018's total pig fat export of 4.288m USD. The annual growth in value of United Kingdom (UK) pig fat between 2017 to 2018 was -8.552%.
The yearly change in the volume of United Kingdom (UK)'s pig fat exports between 2017 and 2019 was 4.5 percent when compared to a variation of 24.431% in the growth rate between 2018 and 2019.
United Kingdom (UK)'s portion of the world's total pig fat's exports in 2019 was 6.4 percent. United Kingdom (UK) is ranked position 5 in world exports of pig fat.
Export markets for United Kingdom (UK) pig fat ( in '000$ )
United Kingdom (UK)'s best performing export markets for pig fat are China, the Netherlands, Ireland, Italy and Poland.
Import/Export Trends
United Kingdom (UK) is a net exporter of pig fat. The annual growth of United Kingdom (UK) pig fat in value between 2015 to 2019 was -3%, per year, while annual growth in quantity was %, per annum.
United Kingdom (UK) imported 17,988 tonnes of pig fat in 2019.