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From 2022 to 2024, Lard exports did not see a growth resurgence, with export value dropping to $27M in 2024.
Discover the latest market trends and projections for the global lard market, with an expected increase in consumption over the next seven years. By 2030, market volume is predicted to reach 6.8M tons, with a market value of $9.7B.
Imports of Lard reached a peak in 2023 and are projected to continue growing in the future. The value of lard imports in 2023 totaled $18M.
From 2022 to 2023, growth of Lard exports remained somewhat lower, with a notable reduction in value to $22M in 2023.
During the review period, lard imports reached a peak of 28K tons in 2013. However, from 2014 to 2023, imports did not recover momentum. In terms of value, lard imports significantly declined to $29M in 2023.
During the review period, Lard exports peaked at 3.6K tons in 2015, but struggled to regain momentum from 2016 to 2023. In terms of value, Lard exports decreased to $2.8M in 2023.
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.
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.
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