What is the price of pig fat per kilogram/pound in Thailand today?
The retail price range for Thailand pig fat is between US$ 1.08 and US$ 2.46 per kilogram or between US$ 0.49 and US$ 1.11 per pound(lb). Click here to see today's exact prices of pig fat in Thailand
The retail price range in Baht for pig fat is between THB 37.08 and THB 84.27 per kilogram or between THB 16.82 and THB 38.22 per pound(lb) in Bangkok and Chiand Mai.
Wholesale prices
In 2025, the approximate wholesale price range for Thailand pig fat is between US$ 0.76 and US$ 1.72 per kilogram or between US$ 0.34 and US$ 0.78 per pound(lb).
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Thailand Pig Fat Export Prices - Historical, Trends and Prediction
The export price per kilogram of Pig Fat from Thailand over the last five years has been quite volatile. In 2013, the price was 0.67 US dollars per kg, which decreased to 0.64 US dollars per kg in 2014. However, the price increased to 0.68 US dollars per kg in 2015 and then to 1.12 US dollars per kg in 2016. In 2017, the price dropped to 0.88 US dollars per kg and then skyrocketed to 4.00 US dollars per kg in 2018. The price then reached its peak of 8.20 US dollars per kg in 2019 before dropping to 0.00 US dollars per kg in 2020. Based on this data, it is likely that the export price per kilogram of Pig Fat from Thailand will remain low in the next few years, with an estimated price of 0.50 US dollars per kg in 2023 and 0.60 US dollars per kg in 2024.The Thailand pig fat exports are classified 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)
Thailand Pig Fat Import Prices - Historical, Trends and Prediction
The import price per kilogram of Pig Fat into Thailand over the last five years has been quite volatile. In 2013, the price was 0.67 US dollars per kg, which dropped to 0.64 US dollars per kg in 2014. However, the price rose to 0.68 US dollars per kg in 2015. In 2016, the price increased significantly to 1.12 US dollars per kg, before dropping to 0.88 US dollars per kg in 2017. The price then skyrocketed to 4.00 US dollars per kg in 2018, before reaching an all-time high of 8.20 US dollars per kg in 2019. This year, the price has dropped to 0.00 US dollars per kg. Based on the data, it is likely that the import price per kilogram of Pig Fat into Thailand will continue to fluctuate in the coming years. We predict that the price will be around 2.00 US dollars per kg in 2023 and 3.00 US dollars per kg in 2024.Export values for Thailand pig fat
The total values in export for pig fat in Thailand were in US dollar thousand for the years in that order.
Prices of other produce in the Meat category in Thailand: 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.
Thailand pig fat - Production, Exports, Imports, Seasons and HS Codes
The amount of pig fat shipped by Thailand in 2020 was 26 metric tonnes. In 2019 Thailand exported 10 tonnes of pig fat. For 2019 alone, the interest in Thailand pig fat (meat category) has remained relatively stable, compared to the year 2018. Between the years 2017 and 2019 pig fat exports were very few, earning the country very little foreign income. Thailand's pig fat exports are categorised as:
- Pig fat, rendered or otherwise extracted (excluding lard) (HS code 150120)
- 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, 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, 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)
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Thailand pig fat export values
Between the years 2011 and 2020, Thailand sold pig fat valued at US$ 0.
The yearly change in the amount of Thailand's pig fat exports between 2017 and 2019 stayed stagnant.
Thailand's share of the world's total pig fat's exports in 2019 was less than 1%. Thailand is ranked number 38 in world exports of pig fat.
Export markets for Thailand pig fat ( in '000$ )
Thailand's top export markets for pig fat are India, Hong Kong and Malaysia.
Import/Export Trends
Thailand is a net importer of pig fat. The annual growth of Thailand pig fat in value between 2015 to 2019 was -78%, per year, while annual growth in quantity during the same period was -83%, per annum.
Thailand bought 1,650 tonnes of pig fat in 2019.