We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.

Accept essential cookies
Accept all cookies
Report GCC - Lard - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

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

Single report
Sent by email within 24h (Mon-Fri)
What's the difference?
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

GCC: Lard Market 2024

Lard Market Size in GCC

The GCC lard market reduced markedly to $X in 2022, with a decrease of -21.6% against the previous year. In general, consumption, however, showed significant growth. As a result, consumption reached the peak level of $X, and then shrank markedly in the following year.

Lard Production in GCC

In value terms, lard production amounted to $X in 2022 estimated in export price. Overall, production faced a precipitous shrinkage. The most prominent rate of growth was recorded in 2013 when the production volume increased by 6,283%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Lard Exports

Exports in GCC

In 2022, overseas shipments of lard decreased by -53.5% to X kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports continue to indicate a dramatic slump. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, lard exports shrank rapidly to $X in 2022. In general, exports faced a sharp contraction. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Bahrain (X kg) represented roughly 100% of total exports in 2022.

Bahrain experienced a relatively flat trend pattern with regard to volume of exports of lard. Bahrain (+99 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

From 2014 to 2022, the average annual rate of growth in terms of value in Bahrain was relatively modest.

Export Prices by Country

The export price in GCC stood at $X per ton in 2022, increasing by 81% against the previous year. In general, the export price showed significant growth. The pace of growth appeared the most rapid in 2018 when the export price increased by 81%. As a result, the export price reached the peak level of $X per ton; afterwards, it flattened through to 2022.

As there is only one major export destination, the average price level is determined by prices for Bahrain.

From 2014 to 2022, the rate of growth in terms of prices for Bahrain amounted to 0.0% per year.

Lard Imports

Imports in GCC

Lard imports shrank sharply to X tons in 2022, dropping by -47.7% compared with the year before. In general, imports, however, saw significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 1,161%. As a result, imports reached the peak of X tons, and then fell dramatically in the following year.

In value terms, lard imports dropped remarkably to $X in 2022. Overall, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 666%. As a result, imports reached the peak of $X, and then shrank rapidly in the following year.

Imports by Country

In 2022, Saudi Arabia (X tons) was the major importer of lard, achieving 85% of total imports. It was distantly followed by the United Arab Emirates (X tons), mixing up a 14% share of total imports.

Saudi Arabia was also the fastest-growing in terms of the lard imports, with a CAGR of +138.6% from 2012 to 2022. The United Arab Emirates experienced a relatively flat trend pattern. While the share of Saudi Arabia (+85 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the United Arab Emirates (-85.6 p.p.) displayed negative dynamics.

In value terms, Saudi Arabia ($X) constitutes the largest market for imported lard in GCC, comprising 78% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 20% share of total imports.

In Saudi Arabia, lard imports expanded at an average annual rate of +139.5% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in GCC amounted to $X per ton, with an increase of 16% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the import price increased by 44% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while Saudi Arabia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+3.8%).

Source: IndexBox Platform

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

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in GCC, split by region and country
  • Trade (exports and imports) in GCC
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Bahrain
    • Kuwait
    • Oman
    • Qatar
    • Saudi Arabia
    • United Arab Emirates

  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

Recommended reports

Asia - Lard - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 523

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

U.S. - Lard - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 738

This report provides an in-depth analysis of the lard market in the U.S..

China - Lard - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 617

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

EU - Lard - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 480

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

World - Lard - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 2352

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

Free Data: Lard - GCC
Table
Lard - GCC - Table
Dashboard
Lard - GCC - Dashboard
Report
Lard - GCC - Report