Report Update Nov 1, 2024

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

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Croatia: Lard Market 2024

Lard Market Size in Croatia

The Croatian lard market stood at $X in 2022, increasing by 4% against the previous year. In general, consumption, however, showed a abrupt decrease. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Lard Production in Croatia

In value terms, lard production rose markedly to $X in 2022 estimated in export price. In general, production, however, faced a abrupt setback. The most prominent rate of growth was recorded in 2020 when the production volume increased by 26% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Lard Exports

Exports from Croatia

In 2022, approx. X tons of lard were exported from Croatia; declining by -17.5% against 2021 figures. Over the period under review, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 618% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, lard exports soared to $X in 2022. In general, exports, however, posted significant growth. The growth pace was the most rapid in 2017 with an increase of 558%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Slovakia (X tons) was the main destination for lard exports from Croatia, accounting for a 53% share of total exports. Moreover, lard exports to Slovakia exceeded the volume sent to the second major destination, Italy (X tons), twofold. The third position in this ranking was held by Bosnia and Herzegovina (X tons), with an 8.2% share.

From 2012 to 2022, the average annual growth rate of volume to Slovakia stood at +29.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+826.5% per year) and Bosnia and Herzegovina (+7.9% per year).

In value terms, Slovakia ($X) remains the key foreign market for lard exports from Croatia, comprising 54% of total exports. The second position in the ranking was held by Italy ($X), with a 21% share of total exports. It was followed by Bulgaria, with an 11% share.

From 2012 to 2022, the average annual growth rate of value to Slovakia totaled +57.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+918.0% per year) and Bulgaria (+102.5% per year).

Export Prices by Country

In 2022, the average lard export price amounted to $X per ton, rising by 42% against the previous year. In general, the export price, however, showed a abrupt slump. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+21.9%), while the prices for the other major destinations experienced more modest paces of growth.

Lard Imports

Imports into Croatia

In 2022, overseas purchases of lard increased by 581% to X tons, rising for the second consecutive year after two years of decline. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,806%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, lard imports surged to $X in 2022. Over the period under review, imports posted a strong expansion. The growth pace was the most rapid in 2021 with an increase of 2,088% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Italy (X tons) was the main supplier of lard to Croatia, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy amounted to +82.1%.

In value terms, Italy ($X) constituted the largest supplier of lard to Croatia.

From 2012 to 2022, the average annual growth rate of value from Italy totaled +83.3%.

Import Prices by Country

The average lard import price stood at $X per ton in 2022, declining by -41.4% against the previous year. Overall, the import price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2020 an increase of 35% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Italy.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +12.8% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lard in the world?

China constituted the country with the largest volume of lard consumption, accounting for 32% of total volume. Moreover, lard consumption in China exceeded the figures recorded by the second-largest consumer, Germany, fourfold. Brazil ranked third in terms of total consumption with an 8.5% share.

What are the largest producers of lard in the world?

China constituted the country with the largest volume of lard production, comprising approx. 32% of total volume. Moreover, lard production in China exceeded the figures recorded by the second-largest producer, Germany, fourfold. Brazil ranked third in terms of total production with an 8.4% share.

What are the leading suppliers of lard to Croatia?

In value terms, Montenegro, Serbia $835) and Italy $631) appeared to be the largest lard suppliers to Croatia, together comprising 98% of total imports.

What are the leading importers of lard from Croatia?

In value terms, Slovakia remains the key foreign market for lard exports from Croatia, comprising 83% of total exports. The second position in the ranking was occupied by Bulgaria, with a 10% share of total exports. It was followed by Bosnia and Herzegovina, with a 2.8% share.

What is the average export price for lard in Croatia?

In 2021, the average lard export price amounted to $902 per ton, jumping by 30% against the previous year.

What is the average import price for lard in Croatia?

In 2021, the average lard import price amounted to $1,738 per ton, waning by -3.4% against the previous year.

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

Croatia

Data coverage:

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