Report Update: Nov 1, 2024

World - Tallow - Market Analysis, Forecast, Size, Trends and Insights

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Tallow market

Tallow market: enjoy recently published information secured by an Ai-driven BI tool. Statistics cover imports, market prices, exports, companies, market size, trade, production, and consumption. There is a breakdown by country, including Latin America, China, the Middle East, the U.S., EU, Russia, the U.K., and Africa. Market dynamics and outlook to 2030 are also featured in the dashboards.

Tallow - World's Largest Markets

Rating	Country
1	United States
2	Brazil
3	Singapore
4	China
5	Mexico

In value terms, the United States led the market, alone. The second position in the ranking was occupied by Brazil. It was followed by Singapore.

In the United States, the tallow market increased at an average annual rate of +7.7% over the period from 2018-2020. The remaining consuming countries recorded the following average annual rates of market growth: Brazil (+15.8% per year) and Singapore (+46.7% per year).

Tallow Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Argentina	645	519	607	-3.0%
Paraguay	557	537	656	8.5%
Uruguay	528	555	677	13.2%
New Zealand	605	584	713	8.6%
Germany	671	604	720	3.6%
Australia	719	781	722	0.2%
France	753	625	755	0.1%
Ireland	635	617	764	9.7%
Malaysia	675	603	765	6.5%
United States	699	732	789	6.2%
Canada	708	778	834	8.5%
United Kingdom	711	653	834	8.3%
Netherlands	918	864	866	-2.9%
Average	688	679	750	4.4%

Average prices varied somewhat amongst the major exporting countries. In 2020, major exporting countries recorded the following prices: in the Netherlands ($866 per ton) and Canada ($834 per ton), while Argentina ($607 per ton) and Paraguay ($656 per ton) were amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Uruguay, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Singapore	687	585	821	9.3%
Netherlands	703	690	818	7.9%
United States	729	800	817	5.9%
Mexico	688	732	778	6.3%
Belgium	674	646	778	7.4%
Canada	731	754	756	1.7%
China	714	711	711	-0.2%
Spain	615	568	623	0.6%
Germany	629	557	584	-3.6%
Brazil	536	491	485	-4.9%
Average	696	675	773	5.4%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Singapore ($821 per ton), while Brazil ($485 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Singapore, while the other global leaders experienced more modest paces of growth.

Tallow - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
Singapore	0.2	0.3	0.5	51.3%
Mexico	0.2	0.2	0.2	3.0%
United States	0.1	0.2	0.2	34.7%
Belgium	0.1	0.09	0.1	4.6%
China	0.08	0.09	0.09	6.1%

In value terms, Singapore ($477M) constitutes the largest market for imported tallow worldwide, comprising 32% of global imports. The second position in the ranking was occupied by Mexico ($183M), with a 12% share of global imports. It was followed by the United States, with a 12% share.

In Singapore, tallow imports expanded at an average annual rate of +51.3% over the period from 2018-2020. In the other countries, the average annual rates were as follows: Mexico (+3.0% per year) and the United States (+34.7% per year).

Tallow - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
United States	0.3	0.3	0.3	1.0%
Australia	0.2	0.1	0.3	17.8%
Canada	0.1	0.2	0.2	22.6%
France	0.09	0.08	0.1	9.0%
New Zealand	0.09	0.07	0.08	-3.5%

In value terms, the United States ($318M), Australia ($297M) and Canada ($181M) appeared to be the countries with the highest levels of exports in 2020, with a combined 54% share of global exports. These countries were followed by France, New Zealand, Germany, Ireland, the UK, Uruguay, Malaysia, Argentina, Paraguay and the Netherlands, which together accounted for a further 37%.

In terms of the main exporting countries, Malaysia recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Tallow - Market Forecast

Driven by increasing demand for tallow worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Tallow - Top Companies

JBS S/A, Tyson Foods, Inc., Micarna SA, Rudolf Schär AG, Mérat & Cie. AG, Tyson Fresh Meats, Inc., Jbs USA Holdings, LLC, NH FOODS LTD., Smithfield Foods, Inc., Hormel Foods Corporation, Henan Shuanghui Investment and Development Co., Ltd., Jbs USA Food Company, Ernst Sutter AG, SULAI AG, Seaboard Corporation, Marfrig Global Foods S/A., AUSTRALIAN CONSOLIDATED FOOD INVESTMENTS PTY LIMITED, PRIMO MEATS PTY LTD, IMPOSETE PTY LTD, PRIMO RETAIL PTY LTD

Tallow - Product Coverage

HS 1502 - Fats of bovine animals, sheep or goats; raw or rendered, whether or not pressed or solvent-extracted

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global tallow market. 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 2030.

Product coverage:

FCL 1225 - Tallow

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

Global market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Global production, split by region and country
Global trade (exports and imports)
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023