The U.S. Is the World’s Leading Lard Exporter despite 6% Drop in 2014
The U.S. dominates in the global lard trade. In 2014, the U.S. exported X thousand tonnes 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 terms, accounting for the lion's share of Mexico's total imports.
Overall, the global lard trade reached X million USD, with a CAGR of X% from 2007 to 2014. In physical terms, it decreased from X thousand tonnes in 2007 to X thousand tonnes in 2014.
In 2014, Spain (X%), the Netherlands (X%), Germany (X%), Mexico (X%) and Belgium (X%) were the leading destinations of lard imports, together making up X% of global imports. The share of the Netherlands increased (+X percentage points), while the share of Spain illustrated negative dynamics (-X percentage points).
Germany and France were among the other main global suppliers of lard in 2014 with a combined share of X% of global exports. However, the fastest growing exporters from 2007 to 2014 were Spain (+X% per year) and Canada (+X% per year). Germany strengthened its position in the global export structure, from X% in 2007 to X% in 2014.
Source: IndexBox AI Platform
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