Report Update: Jul 1, 2024

Argentina - Lard - Market Analysis, Forecast, Size, Trends and Insights

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Lard Price in Argentina - 2022

Lard Price in Argentina (FOB) - 2022

The average lard export price stood at $1,734 per ton in 2022, shrinking by -4.3% against the previous year. Overall, the export price, however, continues to indicate a slight expansion. The most prominent rate of growth was recorded in 2021 an increase of 28% against the previous year. As a result, the export price reached the peak level of $1,811 per ton, and then shrank slightly in the following year.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($1,792 per ton), while the average price for exports to Chile amounted to $1,402 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+3.3%).

Lard Price in Argentina (CIF) - 2022

In 2022, the average lard import price amounted to $2,467 per ton, growing by 10% against the previous year. Overall, the import price posted strong growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by 47% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($8,533 per ton), while the price for the United States stood at $2,132 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.4%).

Lard Exports in Argentina

For the third consecutive year, Argentina recorded decline in overseas shipments of lard, which decreased by -35% to 51 tons in 2022. Overall, exports continue to indicate a precipitous descent. The smallest decline of -5.1% was in 2021.

In value terms, lard exports reduced dramatically to $88K in 2022. Over the period under review, exports recorded a precipitous curtailment. The pace of growth was the most pronounced in 2021 with an increase of 22%.

Export of Lard in Argentina (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Bolivia	143	108	132	77.4	-18.5%
Chile	74.8	7.8	9.1	10.5	-48.0%
Others	N/A	N/A	N/A	N/A	0%
Total	217	116	141	87.9	-26.0%

Top Export Markets for Lard from Argentina in 2022:

Bolivia (43.2 tons)
Chile (7.5 tons)

Lard Imports in Argentina

In 2022, the amount of lard imported into Argentina reduced markedly to 287 kg, with a decrease of -24.5% on the previous year's figure. Over the period under review, imports, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of 214%. As a result, imports attained the peak of 380 kg, and then declined markedly in the following year.

In value terms, lard imports fell rapidly to $708 in 2022. In general, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 355%. As a result, imports reached the peak of $850, and then declined dramatically in the following year.

Import of Lard in Argentina (USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	218	176	669	580	38.6%
Brazil	17.0	11.0	181	128	96.0%
Others	N/A	N/A	N/A	N/A	0%
Total	235	187	850	708	44.4%

Top Suppliers of Lard to Argentina in 2022:

United States (272.0 kg)
Brazil (15.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the lard market in Argentina. 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:

FCL 1043 - Lard

Country coverage:

Argentina

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Argentina
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023