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

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Lard Market Size in Turkey

After three years of decline, the Turkish lard market increased by X% to $X in 2019. Over the period under review, consumption continues to indicate a slight expansion. The most prominent rate of growth was recorded in 2015 when the market value increased by X% year-to-year. As a result, consumption reached the peak level of $X. From 2016 to 2019, the growth of the market failed to regain the momentum.

Lard Production in Turkey

In value terms, lard production surged to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% from 2012 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Lard production peaked at $X in 2014; however, from 2015 to 2019, production failed to regain the momentum.

Lard Exports

Exports from Turkey

In 2019, exports of lard from Turkey dropped notably to X kg, falling by -X% compared with 2018. Overall, exports showed a sharp slump. As a result, exports attained the peak of X tonnes. From 2014 to 2019, the growth exports remained at a lower figure.

In value terms, lard exports reduced markedly to $X in 2019. In general, exports faced a dramatic descent. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. As a result, exports attained the peak of $X. From 2015 to 2019, the growth exports remained at a lower figure.

Exports by Country

France (X tonnes) was the main destination for lard exports from Turkey, with a approx. X% share of total exports.

From 2012 to 2018, the average annual rate of growth in terms of volume to France was relatively modest.

From 2012 to 2018, the average annual growth rate of value to France was relatively modest.

Export Prices by Country

In 2018, the average lard export price amounted to $X per tonne, leveling off at the previous year. Over the period under review, the export price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, export price attained the peak level of $X per tonne. From 2015 to 2018, the growth in terms of the average export prices failed to regain the momentum.

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

From 2012 to 2018, the rate of growth in terms of prices for France amounted to X% per year.

Lard Imports

Imports into Turkey

In 2019, imports of lard into Turkey stood at X kg, approximately reflecting the previous year's figure. Overall, imports saw a relatively flat trend pattern. Imports peaked in 2019 and are expected to retain growth in years to come.

In value terms, lard imports stood at $X in 2019. Over the period under review, imports saw a relatively flat trend pattern. Over the period under review, imports attained the maximum in 2019 and are expected to retain growth in the immediate term.

Imports by Country

Germany (X kg), Brazil (X kg) and the Netherlands (X kg) were the main suppliers of lard imports to Turkey, with a combined X% share of total imports.

From 2012 to 2019, the biggest increases were in the Netherlands, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest lard suppliers to Turkey were Germany ($X), Brazil ($X) and the Netherlands ($X terms of the main suppliers, the Netherlands saw the highest rates of growth with regard to 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

The average lard import price stood at $X per tonne in 2019, approximately mirroring the previous year. Over the period under review, the import price saw a relatively flat trend pattern. Over the period under review, average import prices hit record highs in 2019 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2019, the country with the highest price was Germany ($X per tonne), while the price for the Netherlands ($X per tonne) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lard in the world?
+
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. The third position in this ranking was occupied by Germany (505K tonnes), with a 5.4% share.
What are the largest producers of lard in the world?
+
China (5.3M tonnes) constituted the country with the largest volume of lard production, accounting for 56% of total volume. Moreover, lard production in China exceeded the figures recorded by the second-largest producer, Germany (538K tonnes), tenfold. Brazil (520K tonnes) ranked third in terms of total production with a 5.5% share.
What are the leading suppliers of lard to Turkey?
+
In value terms, Germany ($198), Brazil ($115) and the Netherlands ($92) were the largest lard suppliers to Turkey.
What is the average export price for lard in Turkey?
+
The average lard export price stood at $803 per tonne in 2018, approximately equating the previous year.
What is the average import price for lard in Turkey?
+
The average lard import price stood at $2,074 per tonne in 2019, approximately equating the previous year.

Product coverage:
• FCL 1043 - Lard

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

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