Poland - Lard - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

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

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Lard Price in Poland - 2023

Contents:

  1. Lard Price in Poland (FOB) - 2023
  2. Lard Price in Poland (CIF) - 2022
  3. Lard Exports in Poland
  4. Lard Imports in Poland

Lard Price in Poland (FOB) - 2023

The average lard export price stood at $2,137 per ton in September 2023, with a decrease of -9.9% against the previous month. In general, the export price saw a mild setback. The pace of growth appeared the most rapid in July 2023 an increase of 32% month-to-month. Over the period under review, the average export prices hit record highs at $3,127 per ton in April 2023; however, from May 2023 to September 2023, the export prices stood at a somewhat lower figure.

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

From October 2022 to September 2023, the rate of growth in terms of prices for Germany amounted to +8.2% per month.

Lard Price in Poland (CIF) - 2022

The average lard import price stood at $2,328 per ton in 2022, picking up by 101% against the previous year. In general, the import price saw a resilient expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($8,101 per ton), while the price for Germany ($439 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+31.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Lard Exports in Poland

In 2022, approx. 7.2K tons of lard were exported from Poland; dropping by -27% compared with the previous year's figure. Over the period under review, exports saw a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 16% against the previous year. As a result, the exports reached the peak of 9.9K tons, and then contracted notably in the following year.

In value terms, lard exports expanded sharply to $14M in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +8.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 53%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Export of Lard in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands1.32.77.34.854.6%
France2.10.91.52.67.4%
United Kingdom4.02.12.02.5-14.5%
Hungary1.81.50.51.1-15.1%
Germany0.40.50.71.140.1%
Czech Republic0.10.10.20.681.7%
Slovakia0.30.30.30.626.0%
Lithuania0.30.20.20.30.0%
Switzerland0.70.1N/AN/A-85.7%
Others0.30.40.90.944.2%
Total11.58.913.614.58.0%

Top Export Markets for Lard from Poland in 2022:

  1. Netherlands (3078.0 tons)
  2. United Kingdom (1111.4 tons)
  3. France (631.7 tons)
  4. Germany (605.6 tons)
  5. Hungary (555.1 tons)
  6. Czech Republic (403.0 tons)
  7. Slovakia (235.3 tons)
  8. Lithuania (162.0 tons)
  9. Switzerland (1.8 tons)

Lard Imports in Poland

In 2022, overseas purchases of lard decreased by -65.6% to 366 tons, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a sharp shrinkage. The growth pace was the most rapid in 2020 with an increase of 13%. As a result, imports reached the peak of 1.3K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, lard imports declined rapidly to $852K in 2022. Overall, total imports indicated a temperate expansion from 2019 to 2022: its value increased at an average annual rate of +3.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. As a result, imports reached the peak of $1.2M, and then fell significantly in the following year.

Import of Lard in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy20721785447531.9%
FranceN/A7.5111138329.0%
Finland7.433.6N/A131160.6%
Germany22422214470.6-31.9%
Belgium85.795.0N/A34.8-25.9%
Hungary127106120N/A-2.8%
Sweden97.1N/AN/AN/A0%
NetherlandsN/A138N/AN/A0%
Others26.71031.92.8-52.8%
Total7759211,2308523.2%

Top Suppliers of Lard to Poland in 2022:

  1. Germany (161.0 tons)
  2. Italy (128.5 tons)
  3. Finland (43.0 tons)
  4. France (17.0 tons)
  5. Belgium (14.4 tons)

Source: IndexBox Market Intelligence Platform

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

  • Poland

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Poland
  • 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. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. 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
  8. 8. IMPORTS

    The Largest Import Supplying Countries

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

    The Largest Destinations for Exports

    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. 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
  12. 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
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Driven by increasing demand for lard in China, the world market is expected to continue an upward consumption trend over the next seven-year period. 

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Global lard consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.

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Eye 3886

In 2015, the country with the largest volume of the lard output was China (X thousand tons), accounting for X% of global production.

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Eye 2266

The U.S. dominates in the global lard trade. In 2014, the U.S. exported X thousand tons 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 t

Poland's Lard Price Skyrockets to An Unprecedented $3,128 per Ton
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Global Lard Market to Grow 1.6% a Year through 2025, Fuelled by Rising Demand in China
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Which Country Consumes the Most Lard in the World?
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The U.S. dominates in the global lard trade. In 2014, the U.S. exported X thousand tons 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 t

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