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Imports of Lard experienced a decline from April 2023 to October 2023, with a notable decrease in value to $491K in October 2023.
In February 2023, the growth rate for lard exports reached its highest point, with a staggering increase of 205% compared to the previous month. Additionally, the value of lard exports skyrocketed to $1.8M in June 2023.
In July 2023, the price of Lard reached $1,750 per ton (FOB, Brazil), showing a 2.3% increase compared to the previous month.
In April 2023, the price of Lard reached $3,128 per ton (FOB, Poland), showing a 31% increase compared to the previous month.
In March 2023, the lard price amounted to $1,568 per ton (FOB, Italy), reducing by -2.8% against the previous month.
In value terms, lard exports skyrocketed to $3.1M in March 2023.
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
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