Report Update Nov 1, 2024

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

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Argentina: Tallow Market 2024

Tallow Market Size in Argentina

For the third consecutive year, the Argentinian tallow market recorded decline in sales value, which decreased by -10.1% to $X in 2022. Over the period under review, consumption recorded a abrupt contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Tallow Production in Argentina

In value terms, tallow production amounted to $X in 2022 estimated in export price. Overall, production, however, recorded a perceptible decrease. The growth pace was the most rapid in 2020 with an increase of 19% against the previous year. Tallow production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Tallow Exports

Exports from Argentina

In 2022, the amount of tallow exported from Argentina skyrocketed to X tons, jumping by 31% compared with 2021. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 175%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, tallow exports soared to $X in 2022. In general, exports recorded significant growth. The pace of growth appeared the most rapid in 2017 with an increase of 178% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Uruguay (X tons), the United States (X tons) and the Netherlands (X tons) were the main destinations of tallow exports from Argentina, with a combined 73% share of total exports. South Africa, China, Singapore, Brazil and Chile lagged somewhat behind, together accounting for a further 24%.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +155.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for tallow exported from Argentina were Uruguay ($X), the United States ($X) and the Netherlands ($X), with a combined 63% share of total exports. China, South Africa, Brazil, Singapore and Chile lagged somewhat behind, together comprising a further 32%.

Among the main countries of destination, China, with a CAGR of +167.8%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average tallow export price amounted to $X per ton, with a decrease of -5.1% against the previous year. In general, the export price recorded a deep setback. The pace of growth was the most pronounced in 2020 an increase of 17%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Uruguay ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+7.4%), while the prices for the other major destinations experienced mixed trend patterns.

Tallow Imports

Imports into Argentina

In 2022, imports of tallow into Argentina soared to X tons, with an increase of 338% against 2021 figures. In general, imports showed a notable increase. The pace of growth was the most pronounced in 2017 when imports increased by 1,045%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, tallow imports soared to $X in 2022. Over the period under review, imports enjoyed a strong increase. The pace of growth was the most pronounced in 2017 with an increase of 1,095%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Uruguay (X tons) was the main tallow supplier to Argentina, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Uruguay stood at +4.5%.

In value terms, Uruguay ($X) constituted the largest supplier of tallow to Argentina.

From 2012 to 2022, the average annual growth rate of value from Uruguay totaled +10.4%.

Import Prices by Country

In 2022, the average tallow import price amounted to $X per ton, rising by 48% against the previous year. In general, the import price enjoyed prominent growth. The pace of growth was the most pronounced in 2021 an increase of 100% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Uruguay.

From 2012 to 2022, the rate of growth in terms of prices for Uruguay amounted to +5.6% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tallow in the world?

The United States remains the largest tallow consuming country worldwide, comprising approx. 50% of total volume. Moreover, tallow consumption in the United States exceeded the figures recorded by the second-largest consumer, Brazil, fivefold. Singapore ranked third in terms of total consumption with a 7.1% share.

What are the largest producers of tallow in the world?

The country with the largest volume of tallow production was the United States, accounting for 51% of total volume. Moreover, tallow production in the United States exceeded the figures recorded by the second-largest producer, Brazil, fivefold. The third position in this ranking was occupied by Australia, with a 7.4% share.

What are the leading suppliers of tallow to Argentina?

In value terms, Uruguay constituted the largest supplier of tallow to Argentina, comprising 98% of total imports. The second position in the ranking was occupied by Paraguay, with a 2% share of total imports.

What are the leading importers of tallow from Argentina?

In value terms, the Netherlands, Brazil and Chile were the largest markets for tallow exported from Argentina worldwide, with a combined 63% share of total exports.

What is the average export price for tallow in Argentina?

In 2021, the average tallow export price amounted to $572 per ton, falling by -5.6% against the previous year.

What is the average import price for tallow in Argentina?

In 2021, the average tallow import price amounted to $616 per ton, increasing by 3.9% against the previous year.

This report provides an in-depth analysis of the tallow market in Argentina. 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:

Argentina

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Argentina
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. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
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
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 In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023