Egypt: Lard Market Overview 2021

Lard Market Size in Egypt

The Egyptian lard market totaled $X in 2018, approximately reflecting the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, saw a relatively flat trend pattern.

Lard Imports

Imports into Egypt

In 2019, purchases abroad of lard decreased by X% to X kg, falling for the second year in a row after two years of decline. Overall, imports posted significant growth. Over the period under review, imports attained the maximum at X kg in 2017; however, from 2018 to 2019, imports stood at a somewhat lower figure.

In value terms, lard imports amounted to $X in 2019. Over the period under review, imports showed a significant expansion. Imports peaked at $X in 2017; however, from 2018 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2017, the Netherlands (X kg) was the main supplier of lard to Egypt, with a approx. X% share of total imports.

From 2012 to 2017, the average annual rate of growth in terms of volume from the Netherlands totaled +X%.

In value terms, the Netherlands ($X) constituted the largest supplier of lard to Egypt.

From 2012 to 2017, the average annual rate of growth in terms of value from the Netherlands amounted to +X%.

Import Prices by Country

In 2017, the average lard import price amounted to $X per tonne, standing approx. at the previous year. In general, the import price showed a noticeable reduction. The import price peaked at $X per tonne in 2015; however, from 2016 to 2017, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the Netherlands.

From 2012 to 2017, the rate of growth in terms of prices for the Netherlands amounted to -X% per year.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lard in the world?

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China (5.3M tonnes) constituted the country with the largest volume of lard consumption, comprising approx. 56% of total volume. Moreover, lard consumption in China exceeded the figures recorded by the second-largest consumer, Brazil (518K tonnes), tenfold. Germany (505K tonnes) ranked third in terms of total consumption with a 5.4% share.

What are the largest producers of lard in the world?

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China (5.3M tonnes) constituted the country with the largest volume of lard production, comprising approx. 56% of total volume. Moreover, lard production in China exceeded the figures recorded by the second-largest producer, Germany (538K tonnes), tenfold. The third position in this ranking was occupied by Brazil (520K tonnes), with a 5.5% share.

What are the leading suppliers of lard to Egypt?

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In value terms, the Netherlands ($11) constituted the largest supplier of lard to Egypt.

What is the average import price for lard in Egypt?

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In 2017, the average lard import price amounted to $1,833 per tonne, remaining relatively unchanged against the previous year.