 and poultry fat.webp)
Greece Sees Surge in Lard Imports Amid Price Volatility
Greek Importers Boost Lard Purchases Ahead of Summer Season
• Greek imports of pig fat (HS Code 1501) rose by 12% year-over-year in June, reaching 2,500 metric tons.
• The increase is attributed to a 10% decrease in global lard prices, making it more competitive for Greek processors and food manufacturers.
• Traders expect the trend to continue through the summer months due to growing demand from the bakery and confectionery sectors.
Greek importers are taking advantage of lower global lard prices to boost their inventory levels ahead of the peak summer season. The country’s pig fat imports have been steadily increasing over the past few months, driven by rising domestic consumption and a favorable market trend. As global prices remain volatile, Greek traders are likely to maintain their purchasing activity to meet seasonal demand from key industries such as bakeries and confectioneries.
Yearly Import Summary
| year | total_quantity_kg | total_value_eur |
|---|---|---|
| 2020 | 3,772,878 | 2,238,980 |
| 2021 | 616,110 | 348,194 |
| 2022 | 420,557 | 552,039 |
| 2023 | 2,321,816 | 1,857,741 |
| 2024 | 4,156,872 | 3,615,456 |
Top Partner Countries 2024
| partner | total_quantity_kg | total_value_eur |
|---|---|---|
| Bulgaria | 1,186,528 | 790,011 |
| Ukraine | 861,280 | 701,680 |
| Spain | 594,993 | 633,956 |
| Cyprus | 580,740 | 500,536 |
| Albania | 580,600 | 395,231 |
| Romania | 215,600 | 152,288 |
| Netherlands | 53,175 | 91,638 |
| Italy | 53,030 | 312,877 |
| Poland | 21,537 | 15,508 |
| Germany | 6,379 | 7,062 |
Top Partner Countries 2023
| partner | total_quantity_kg | total_value_eur |
|---|---|---|
| Bulgaria | 1,075,130 | 740,906 |
| Romania | 423,060 | 404,388 |
| Albania | 389,820 | 281,297 |
| Cyprus | 222,340 | 193,017 |
| Ukraine | 194,400 | 174,527 |
| Spain | 8,499 | 14,295 |
| Netherlands | 5,953 | 39,213 |
| Germany | 924 | 3,469 |
| Denmark | 903 | 1,958 |
| France | 699 | 3,837 |
