What is the price of lard oil per kilogram/pound in US today?
The retail price range for US lard oil is between US$ 7.73 and US$ 13.53 per kilogram or between US$ 3.51 and US$ 6.13 per pound(lb). Click here to see today's exact prices of lard oil in US
The retail price range in Euro for lard oil is between EUR 7.09 and EUR 12.41 per kilogram or between EUR 3.22 and EUR 5.63 per pound(lb) in Washington and New York.
Wholesale prices
In 2024, the approximate wholesale price range for US lard oil is between US$ 5.41 and US$ 9.47 per kilogram or between US$ 2.45 and US$ 4.29 per pound(lb).
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US Lard Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Lard Oil from the US has seen a steady decline over the past five years. In 2017, the price was 0.73 US $ per kg, and in 2021 it was 0.93 US $ per kg. The lowest price was in 2015, when it was 0.67 US $ per kg. The price has been fluctuating since then, with the highest price being 0.8 US $ per kg in 2018. Currently, the price is 0.69 US $ per kg. Based on the current trend, it is predicted that the export price per kilogram of Lard Oil from the US will be 0.77 US $ per kg in 2023 and 0.71 US $ per kg in 2024.The US lard oil exports are categorised as:
- Lard stearin, lard oil, oleostearin, oleo-oil and tallow oil (excluding emulsified, mixed or otherwise prepared) (HS code 150300)
US Lard Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Lard Oil into the US over the last five years has been relatively stable. In 2017, the price was 0.73 US dollars per kg, followed by 0.80 US dollars per kg in 2018. In 2019, the price dropped to 0.72 US dollars per kg, and then further decreased to 0.69 US dollars per kg in 2020. The price then increased to 0.93 US dollars per kg in 2021, before dropping to 0.79 US dollars per kg in 2022. Based on this trend, it is likely that the import price per kilogram of Lard Oil into the US in 2023 will be around 0.76 US dollars per kg, and in 2024 it will be around 0.82 US dollars per kg.Export values for US lard oil
The total values in export for lard oil in US were US$ 8,441, US$ 8,369, US$ 3,604 and US$ 4,496 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in US: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of lard oil in other countries across North America: Canada lard oil, US lard oil, Anguilla lard oil, Antigua and Barbuda lard oil, Bermuda lard oil, Bonaire, Sint Eustatius and Saba lard oil, St.Pierre and Miquelon lard oil, United States Minor Outlying Islands lard oil, Cayman Islands lard oil & Greenland lard oil.
US lard oil - Production, Exports, Imports, Seasons and HS Codes
The amount of lard oil exported by US in 2020 was 9,956 tons. In 2019 US sold 6,287 tonnes of lard oil. Through 2019 alone, the market for US lard oil (processed category) has escalated, flactuating by 39.494 per cent compared to the year 2018. Between 2017 and 2019, lard oil's exports reduced by -45.46 pc earning the nation US$4.50m for the year 2019. US' lard oil exports are classified as:
- Lard stearin, lard oil, oleostearin, oleo-oil and tallow oil (excluding emulsified, mixed or otherwise prepared) (HS code 150300)
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US lard oil export values
In 2019, US exported lard oil valued at 4.50m USD, an improvement of 24.86% from 2018's total lard oil export of 3.604m USD. The annual change in value of US lard oil between 2017 to 2018 was -56.936%.
The per year variation in the amount of US' lard oil exports between 2017 and 2019 was -45.46 per cent when compared to a variation of 39.494% in the growth rate between 2018 and 2019.
US' stake of the world's total lard oil's exports in 2019 was 1.2 pc. US holds position 20 in world exports of lard oil.
Export markets for US lard oil ( in '000$ )
US' best performing export markets for lard oil are Singapore, the Netherlands, United Kingdom (UK), Mexico and Germany.
Import/Export Trends
US is a net exporter of lard oil. The annual growth of US lard oil in value between 2015 to 2019 was -9%, per annum, while annual growth in quantity for the same period was -8%, per annum.
US purchased 1 tonnes of lard oil in 2019.