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Italy - Lard - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLard Price in Italy - 2023
Contents:
- Lard Price in Italy (FOB) - 2023
- Lard Price in Italy (CIF) - 2023
- Lard Exports in Italy
- Lard Imports in Italy
Lard Price in Italy (FOB) - 2023
In September 2023, the average lard export price amounted to $1,372 per ton, growing by 8.8% against the previous month. Over the period under review, the export price, however, saw a slight decline. The export price peaked at $1,691 per ton in December 2022; however, from January 2023 to September 2023, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the UK.
From October 2022 to September 2023, the rate of growth in terms of prices for Austria amounted to +2.6% per month.
Lard Price in Italy (CIF) - 2023
In September 2023, the average lard import price amounted to $1,166 per ton, remaining constant against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in June 2023 when the average import price increased by 13% m-o-m. The import price peaked at $1,416 per ton in December 2022; however, from January 2023 to September 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Switzerland.
From October 2022 to September 2023, the rate of growth in terms of prices for Austria amounted to +9.4% per month.
Lard Exports in Italy
After three years of growth, shipments abroad of lard decreased by -8.5% to 27K tons in 2022. Over the period under review, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 68%. As a result, the exports reached the peak of 30K tons, and then fell in the following year.
In value terms, lard exports rose rapidly to $44M in 2022. In general, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 118% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Lard in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | N/A | 6.7 | 12.2 | 15.3 | 51.1% |
Spain | 1.2 | 2.4 | 13.2 | 11.0 | 109.3% |
United Kingdom | 6.0 | 5.0 | 6.0 | 6.0 | 0.0% |
France | 2.1 | 2.4 | 4.1 | 5.6 | 38.7% |
Germany | N/A | N/A | 1.8 | 4.5 | 150.0% |
Others | 1.8 | 0.9 | 0.9 | 1.2 | -12.6% |
Total | 11.2 | 17.5 | 38.2 | 43.7 | 57.4% |
Top Export Markets for Lard from Italy in 2022:
- Netherlands (10.0K tons)
- Spain (7.1K tons)
- France (3.1K tons)
- United Kingdom (3.1K tons)
- Germany (3.1K tons)
Lard Imports in Italy
After three years of growth, overseas purchases of lard decreased by -2.2% to 7.7K tons in 2022. Overall, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 79%. As a result, imports reached the peak of 7.9K tons, and then declined in the following year.
In value terms, lard imports soared to $10M in 2022. Over the period under review, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 76%. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Lard in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Switzerland | 1.1 | 2.6 | 4.9 | 7.9 | 92.9% |
Germany | 0.1 | 0.2 | 0.8 | 0.6 | 81.7% |
Austria | N/A | N/A | N/A | 0.5 | 0% |
Slovenia | 0.6 | 0.3 | 0.5 | 0.4 | -12.6% |
Spain | 0.1 | 0.1 | 0.2 | 0.3 | 44.2% |
France | 0.9 | 0.4 | 0.2 | 0.1 | -51.9% |
Others | 0.2 | 0.3 | 0.1 | 0.2 | 0.0% |
Total | 3.0 | 3.8 | 6.7 | 10.1 | 49.9% |
Top Suppliers of Lard to Italy in 2022:
- Switzerland (6.1K tons)
- Austria (0.4K tons)
- Germany (0.4K tons)
- Slovenia (0.3K tons)
- Spain (0.2K tons)
- France (0.1K tons)
This report provides an in-depth analysis of the lard market in Italy. 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:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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
-
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
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- 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 -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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
- 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 Of Origin, 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, By Country Of Destination, 2012–2023
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From 2022 to 2023, the growth of the Lard exports remained at a somewhat lower figure. In value terms, Lard exports declined markedly to $22M in 2023.
In March 2023, the lard price amounted to $1,568 per ton (FOB, Italy), reducing by -2.8% against the previous month.
Driven by increasing demand for lard in China, the world market is expected to continue an upward consumption trend over the next seven-year period.
Global lard consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
In 2015, the country with the largest volume of the lard output was China (X thousand tons), accounting for X% of global production.
The U.S. dominates in the global lard trade. In 2014, the U.S. exported X thousand tons of lard totaling X million USD, X% under the previous year. Its primary trading partner was Mexico, where it supplied X% of its total lard exports in value t
From 2022 to 2023, the growth of the Lard exports remained at a somewhat lower figure. In value terms, Lard exports declined markedly to $22M in 2023.
In March 2023, the lard price amounted to $1,568 per ton (FOB, Italy), reducing by -2.8% against the previous month.
Driven by increasing demand for lard in China, the world market is expected to continue an upward consumption trend over the next seven-year period.
Global lard consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.