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Italy - Lard - Market Analysis, Forecast, Size, Trends and Insights
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Italy: Lard Market Overview 2021

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Lard Market Size in Italy

In 2019, the Italian lard market increased by X% to $X, rising for the second consecutive year after three years of decline. In general, consumption saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the market value increased by X% against the previous year. Lard consumption peaked at $X in 2014; however, from 2015 to 2019, consumption failed to regain the momentum.

Lard Production in Italy

In value terms, lard production declined to $X in 2019 estimated in export prices. In general, production recorded a mild setback. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Lard production peaked at $X in 2014; however, from 2015 to 2019, production failed to regain the momentum.

Lard Exports

Exports from Italy

In 2019, shipments abroad of lard decreased by -X% to X tonnes, falling for the second consecutive year after three years of growth. Overall, exports, however, saw a prominent increase. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. Exports peaked at X tonnes in 2017; however, from 2018 to 2019, exports remained at a lower figure.

In value terms, lard exports fell dramatically to $X in 2019. Over the period under review, total exports indicated a buoyant expansion from 2012 to 2019: its value increased at an average annual rate of +X% over the last seven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. Exports peaked at $X in 2018, and then fell remarkably in the following year.

Exports by Country

The UK (X tonnes), France (X tonnes) and Spain (X tonnes) were the main destinations of lard exports from Italy, together accounting for X% of total exports. These countries were followed by Serbia, Austria and Poland, which together accounted for a further X 2012 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Serbia, while exports for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) remains the key foreign market for lard exports from Italy, comprising X% of total exports. The second position in the ranking was occupied by France ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

From 2012 to 2019, the average annual growth rate of value to the UK stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and Spain (+X% per year).

Export Prices by Country

In 2019, the average lard export price amounted to $X per tonne, declining by -X% against the previous year. In general, the export price recorded a slight slump. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The export price peaked at $X per tonne in 2014; however, from 2015 to 2019, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($X per tonne), while the average price for exports to Spain ($X per tonne) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the UK, while the prices for the other major destinations experienced a decline.

Lard Imports

Imports into Italy

After three years of decline, overseas purchases of lard increased by X% to X tonnes in 2019. Over the period under review, imports enjoyed a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, lard imports soared to $X in 2019. In general, imports posted a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Switzerland (X tonnes), France (X tonnes) and Slovenia (X tonnes) were the main suppliers of lard imports to Italy, with a combined X% share of total imports.

From 2012 to 2019, the biggest increases were in Switzerland (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X), France ($X) and Slovenia ($X) were the largest lard suppliers to Italy, with a combined X% share of total imports.

In terms of the main suppliers, Switzerland (+X% per year) recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average lard import price amounted to $X per tonne, surging by X% against the previous year. Overall, the import price, however, recorded a perceptible decrease. The pace of growth appeared the most rapid in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per tonne in 2012; however, from 2013 to 2019, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was France ($X per tonne), while the price for Lithuania ($X per tonne) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by Spain, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lard in the world?
+
China (2.6M tonnes) constituted the country with the largest volume of lard consumption, comprising approx. 40% of total volume. Moreover, lard consumption in China exceeded the figures recorded by the second-largest consumer, Germany (627K tonnes), fourfold. Brazil (489K tonnes) ranked third in terms of total consumption with a 7.3% share.
What are the largest producers of lard in the world?
+
China (2.6M tonnes) remains the largest lard producing country worldwide, accounting for 39% of total volume. Moreover, lard production in China exceeded the figures recorded by the second-largest producer, Germany (660K tonnes), fourfold. The third position in this ranking was occupied by Brazil (491K tonnes), with a 7.3% share.
What are the leading suppliers of lard to Italy?
+
In value terms, Switzerland ($4.9M), France ($4M) and Slovenia ($2.6M) were the largest lard suppliers to Italy, with a combined 88% share of total imports.
What are the leading importers of lard from Italy?
+
In value terms, the UK ($6M) remains the key foreign market for lard exports from Italy, comprising 54% of total exports. The second position in the ranking was occupied by France ($2.1M), with a 19% share of total exports. It was followed by Spain, with a 11% share.
What is the average export price for lard in Italy?
+
The average lard export price stood at $1,047 per tonne in 2019, falling by -6.2% against the previous year.
What is the average import price for lard in Italy?
+
The average lard import price stood at $926 per tonne in 2019, growing by 16% against the previous year.

Product coverage:
• FCL 1043 - Lard

This report provides an in-depth analysis of the lard market in Italy. 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 2025.


Country coverage:
• Italy

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Italy
• 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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
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
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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