Eastern Europe - Animal Fats and Oils - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEastern Europe: Animal Fats Market 2024
Animal Fats Market Size in Eastern Europe
The East European animal fats market expanded modestly to $X in 2023, growing by X% against the previous year. Overall, consumption enjoyed a prominent increase. The level of consumption peaked at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.
Animal Fats Production in Eastern Europe
In value terms, animal fats production totaled $X in 2023 estimated in export price. The total production indicated prominent growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The level of production peaked at $X in 2021; afterwards, it flattened through to 2023.
Animal Fats Exports
Exports in Eastern Europe
In 2023, shipments abroad of animal fats and oils decreased by X% to X tons, falling for the second year in a row after three years of growth. Over the period under review, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The volume of export peaked at X tons in 2016; however, from 2017 to 2023, the exports failed to regain momentum.
In value terms, animal fats exports shrank significantly to $X in 2023. Overall, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. The level of export peaked at $X in 2022, and then contracted markedly in the following year.
Exports by Country
Romania (X tons) and Hungary (X tons) dominates exports structure, together committing X% of total exports. Lithuania (X tons) and Poland (X tons) held a minor share of total exports.
From 2012 to 2023, the biggest increases were recorded for Hungary (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Romania ($X), Lithuania ($X) and Hungary ($X) appeared to be the countries with the highest levels of exports in 2023, with a combined X% share of total exports.
Among the main exporting countries, Romania, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The export price in Eastern Europe stood at $X per ton in 2023, picking up by X% against the previous year. Overall, the export price, however, recorded a perceptible decrease. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Lithuania ($X per ton), while Hungary ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Romania (X%), while the other leaders experienced a decline in the export price figures.
Animal Fats Imports
Imports in Eastern Europe
In 2023, animal fats imports in Eastern Europe contracted to X tons, shrinking by X% against the year before. Overall, imports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2021; however, from 2022 to 2023, imports failed to regain momentum.
In value terms, animal fats imports skyrocketed to $X in 2023. Over the period under review, imports, however, enjoyed a strong increase. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. The level of import peaked in 2023 and is likely to see gradual growth in years to come.
Imports by Country
Hungary was the main importing country with an import of around X tons, which resulted at X% of total imports. Romania (X tons) took the second position in the ranking, distantly followed by Poland (X tons). All these countries together held approx. X% share of total imports. The Czech Republic (X tons) followed a long way behind the leaders.
Imports into Hungary increased at an average annual rate of X% from 2012 to 2023. At the same time, the Czech Republic (X%), Poland (X%) and Romania (X%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2023. Romania (X p.p.), Poland (X p.p.) and the Czech Republic (X p.p.) significantly strengthened its position in terms of the total imports, while Hungary saw its share reduced by X% from 2012 to 2023, respectively.
In value terms, Romania ($X) constitutes the largest market for imported animal fats and oils in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by Hungary ($X), with a X% share of total imports. It was followed by Poland, with a X% share.
From 2012 to 2023, the average annual growth rate of value in Romania totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Hungary (X% per year) and Poland (X% per year).
Import Prices by Country
The import price in Eastern Europe stood at $X per ton in 2023, growing by X% against the previous year. Over the period under review, the import price continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2017 an increase of X%. The level of import peaked in 2023 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Romania ($X per ton), while Hungary ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the other leaders experienced a decline in the import price figures.
Source: IndexBox Platform
This report provides an in-depth analysis of the animal fats market in Eastern Europe. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10416030 - Animal fats and oils and their fractions partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, but not further prepared (including refined)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Eastern Europe, split by region and country
- Trade (exports and imports) in Eastern Europe
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Belarus
- Bulgaria
- Czech Republic
- Estonia
- Hungary
- Latvia
- Lithuania
- Moldova
- Poland
- Romania
- Russia
- Slovakia
- Ukraine
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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