Report Asia - Lard - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Asia - Lard - Market Analysis, Forecast, Size, Trends and Insights
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Asia: Lard Market 2022

Lard Market Size in Asia

In 2021, the Asian lard market was finally on the rise to reach $X for the first time since 2014, thus ending a six-year declining trend. Overall, consumption saw a perceptible descent. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Lard Production in Asia

In value terms, lard production skyrocketed to $X in 2021 estimated in export prices. Over the period under review, production showed a deep reduction. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Production By Country in Asia

China (X tonnes) remains the largest lard producing country in Asia, accounting for X% of total volume. It was followed by Japan (X tonnes), with a X% share of total production. Taiwan (Chinese) (X tonnes) ranked third in terms of total production with a X% share.

In China, lard production decreased by an average annual rate of -X% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Japan (-X% per year) and Taiwan (Chinese) (-X% per year).

Lard Exports

Exports in Asia

Lard exports totaled X tonnes in 2021, surging by X% against 2020. In general, exports, however, showed a deep slump. The pace of growth appeared the most rapid in 2018 with an increase of X% y-o-y. Over the period under review, the exports attained the peak figure at X tonnes in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, lard exports rose rapidly to $X in 2021. Over the period under review, exports, however, continue to indicate a mild downturn. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, Hong Kong SAR (X tonnes) represented the major exporter of lard, generating X% of total exports. South Korea (X tonnes) held a X% share (based on tonnes) of total exports, which put it in second place, followed by Japan (X%) and China (X%).

From 2012 to 2021, average annual rates of growth with regard to lard exports from Hong Kong SAR stood at -X%. At the same time, China (+X%) and South Korea (+X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing exporter exported in Asia, with a CAGR of +X% from 2012-2021. Japan experienced a relatively flat trend pattern. From 2012 to 2021, the share of South Korea, China and Japan increased by +X, +X and +X percentage points, respectively.

In value terms, Hong Kong SAR ($X) remains the largest lard supplier in Asia, comprising X% of total exports. The second position in the ranking was occupied by Japan ($X), with a X% share of total exports. It was followed by South Korea, with a X% share.

In Hong Kong SAR, lard exports remained relatively stable over the period from 2012-2021. In the other countries, the average annual rates were as follows: Japan (-X% per year) and South Korea (+X% per year).

Export Prices by Country

The lard export price in Asia stood at $X per tonne in 2021, declining by -X% against the previous year. Over the period under review, the export price, however, saw resilient growth. The pace of growth appeared the most rapid in 2020 when the export price increased by X% year-to-year. As a result, the export price attained the peak level of $X per tonne, and then declined in the following year.

Prices varied noticeably by the country of origin: the country with the highest price was Hong Kong SAR ($X per tonne), while South Korea ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+X%), while the other leaders experienced a decline in the export price figures.

Lard Imports

Imports in Asia

In 2021, after two years of decline, there was significant growth in purchases abroad of lard, when their volume increased by X% to X tonnes. In general, imports, however, faced a deep contraction. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The volume of import peaked at X tonnes in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, lard imports soared to $X in 2021. Over the period under review, imports, however, showed a abrupt setback. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

The Philippines (X tonnes), Hong Kong SAR (X tonnes) and Japan (X tonnes) represented roughly X% of total imports of lard in 2021. China (X tonnes) ranks next in terms of the total imports with a X% share, followed by Macao SAR (X%). Israel (X tonnes) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by the Philippines (+X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Philippines ($X) constitutes the largest market for imported lard in Asia, comprising X% of total imports. The second position in the ranking was occupied by Japan ($X), with a X% share of total imports. It was followed by Hong Kong SAR, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value in the Philippines totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: Japan (-X% per year) and Hong Kong SAR (-X% per year).

Import Prices by Country

The lard import price in Asia stood at $X per tonne in 2021, jumping by X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was the Philippines ($X per tonne), while Israel ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tonnes

Frequently Asked Questions (FAQ) :

What are the largest markets for lard in Asia?
+
China remains the largest lard consuming country in Asia, comprising approx. 91% of total volume. It was followed by Japan, with a 2.6% share of total consumption. Taiwan Chinese) ranked third in terms of total consumption with a 1.7% share.
What are the largest producers of lard in Asia?
+
China constituted the country with the largest volume of lard production, comprising approx. 91% of total volume. It was followed by Japan, with a 2.6% share of total production. The third position in this ranking was occupied by Taiwan Chinese), with a 1.7% share.
What are the leading suppliers of lard in Asia?
+
In value terms, Hong Kong SAR remains the largest lard supplier in Asia, comprising 70% of total exports. The second position in the ranking was occupied by Japan, with a 10% share of total exports. It was followed by South Korea, with a 10% share.
What are the leading importers of lard in Asia?
+
In value terms, the Philippines constitutes the largest market for imported lard in Asia, comprising 47% of total imports. The second position in the ranking was occupied by Japan, with a 20% share of total imports. It was followed by Hong Kong SAR, with a 19% share.
What is the average export price for lard in Asia?
+
The lard export price in Asia stood at $1,847 per tonne in 2021, shrinking by -4.5% against the previous year.
What is the average import price for lard in Asia?
+
In 2021, the lard import price in Asia amounted to $1,836 per tonne, surging by 27% against the previous year.

This report provides an in-depth analysis of the lard market in Asia. 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:
• Afghanistan
• Armenia
• Bahrain
• Bhutan
• Brunei Darussalam
• Cambodia
• Cyprus
• Democratic People's Republic of Korea
• Georgia
• Jordan
• Kyrgyzstan
• Lao People's Democratic Republic
• Lebanon
• Macao SAR
• Maldives
• Mongolia
• Nepal
• Palestine
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Timor-Leste
• Turkmenistan
• Yemen

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

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Afghanistan
• Armenia
• Azerbaijan
• Bahrain
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• Hong Kong SAR
• Macao SAR
• Cyprus
• Georgia
• India
• Indonesia
• Iran
• Iraq
• Israel
• Japan
• Jordan
• Kazakhstan
• Kuwait
• Kyrgyzstan
• Lebanon
• Malaysia
• Maldives
• Mongolia
• Myanmar
• Nepal
• Oman
• Pakistan
• Palestine
• Philippines
• Qatar
• Saudi Arabia
• Singapore
• South Korea
• Sri Lanka
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Thailand
• Timor-Leste
• Turkey
• Turkmenistan
• United Arab Emirates
• Uzbekistan
• Vietnam
• Yemen
• Lao People's Democratic Republic
• Democratic People's Republic of Korea
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2007–2021
Table 3:
Market Value, 2007–2021
Table 4:
Per Capita Consumption, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2007–2021
Table 6:
Imports, In Physical Terms, By Country, 2007–2021
Table 7:
Imports, In Value Terms, By Country, 2007–2021
Table 8:
Import Prices, By Country Of Destination, 2007–2021
Table 9:
Exports, In Physical Terms, By Country, 2007–2021
Table 10:
Exports, In Value Terms, By Country, 2007–2021
Table 11:
Export Prices, By Country Of Origin, 2007–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2021
Figure 2:
Market Value, 2007–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2021
Figure 17:
Production, In Value Terms, 2007–2021
Figure 18:
Production, By Country, 2021
Figure 19:
Production, In Physical Terms, By Country, 2007–2021
Figure 20:
Imports, In Physical Terms, 2007–2021
Figure 21:
Imports, In Value Terms, 2007–2021
Figure 22:
Imports, In Physical Terms, By Country, 2021
Figure 23:
Imports, In Physical Terms, By Country, 2007–2021
Figure 24:
Imports, In Value Terms, By Country, 2007–2021
Figure 25:
Import Prices, By Country, 2007–2021
Figure 26:
Exports, In Physical Terms, 2007–2021
Figure 27:
Exports, In Value Terms, 2007–2021
Figure 28:
Exports, In Physical Terms, By Country, 2021
Figure 29:
Exports, In Physical Terms, By Country, 2007–2021
Figure 30:
Exports, In Value Terms, By Country, 2007–2021
Figure 31:
Export Prices, 2007–2021
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