
India - Lard - Market Analysis, Forecast, Size, Trends and Insights
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View PricingIndia: Lard Market 2025
Lard Market Size in India
The Indian lard market reduced modestly to $X in 2022, which is down by -3.1% against the previous year. Overall, the total consumption indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +3.3% against 2020 indices. Lard consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.
Lard Production in India
In value terms, lard production fell to $X in 2022 estimated in export price. Overall, production, however, posted prominent growth. The pace of growth appeared the most rapid in 2016 with an increase of 123%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.
Lard Exports
Exports from India
In 2022, lard exports from India stood at X kg, almost unchanged from the previous year. In general, exports recorded a abrupt slump. The smallest decline of -8.5% was in 2014. Over the period under review, the exports hit record highs at X kg in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.
In value terms, lard exports totaled $X in 2022. Overall, exports saw a pronounced curtailment. The most prominent rate of growth was recorded in 2015 when exports increased by 17%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.
Exports by Country
Norway (X kg) was the main destination for lard exports from India, with a approx. 100% share of total exports.
From 2013 to 2022, the average annual growth rate of volume to Norway was relatively modest.
From 2013 to 2022, the average annual growth rate of value to Norway was relatively modest.
Export Prices by Country
In 2022, the average lard export price amounted to $X per ton, remaining constant against the previous year. Overall, the export price posted temperate growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 29%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Norway.
From 2013 to 2022, the rate of growth in terms of prices for Nepal amounted to +29.2% per year.
Lard Imports
Imports into India
In 2022, the amount of lard imported into India stood at X kg, stabilizing at the previous year. In general, imports saw a strong expansion. The smallest decline of 99.9% was in 2019. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, lard imports amounted to $X in 2022. Over the period under review, imports recorded a significant expansion. The smallest decline of 99.9% was in 2019. Imports peaked in 2022 and are likely to continue growth in years to come.
Imports by Country
In 2022, the United States (X kg) was the main supplier of lard to India, accounting for a approx. 100% share of total imports.
From 2015 to 2022, the average annual growth rate of volume from the United States was relatively modest.
In value terms, the United States ($X) constituted the largest supplier of lard to India.
From 2015 to 2022, the average annual rate of growth in terms of value from the United States was relatively modest.
Import Prices by Country
In 2022, the average lard import price amounted to $X per ton, leveling off at the previous year. Over the period under review, the import price saw prominent growth. The most prominent rate of growth was recorded in 2019 when the average import price decreased by 99.9% against the previous year. The import price peaked at $X per ton in 2018; afterwards, it flattened through to 2022.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2015 to 2022, the rate of growth in terms of prices for the United States amounted to 0.0% per year.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the lard market in India. 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:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORTS
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
- 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: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
LIST OF FIGURES
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, By Product
- Average Per Capita Consumption, By Product
- Exports and Growth, By Product
- Export Prices and Growth, By Product
- 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: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
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