Animal Fats Market Overview in Paraguay
In value terms, animal fats production totaled $0 in 2010 estimated in export prices. In general, animal fats production continues to indicate a relatively flat trend pattern.
The revenue of the animal fats market in Paraguay amounted to $7.3M in 2010, picking up by 3.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +8.7% over the period from 2007 to 2010; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2008 when the market value increased by 16% y-o-y. Paraguay animal fats consumption peaked in 2010 and is likely to see steady growth in the near future.