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Report Australia and Oceania - Lard Stearin, Lard Oil, Oleostearin, Oleo-Oil and Tallow Oil - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Feb 1, 2025

Australia and Oceania - Lard Stearin, Lard Oil, Oleostearin, Oleo-Oil and Tallow Oil - Market Analysis, Forecast, Size, Trends and Insights

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Australia and Oceania: Oleo Oils Market 2025

Oleo Oils Market Size in Australia and Oceania

In 2021, after seven years of growth, there was significant decline in the oleo oils market in Australia and Oceania, when its value decreased by -6.9% to $X. In general, consumption recorded a buoyant expansion. As a result, consumption reached the peak level of $X, and then reduced in the following year.

Oleo Oils Production in Australia and Oceania

In value terms, oleo oils production reduced to $X in 2021 estimated in export price. Over the period under review, production saw a slight contraction. The pace of growth appeared the most rapid in 2020 with an increase of 25%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Oleo Oils Exports

Exports in Australia and Oceania

After three years of decline, overseas shipments of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil increased by 15% to X tons in 2021. In general, exports, however, faced a significant curtailment. The pace of growth was the most pronounced in 2017 when exports increased by 30% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, oleo oils exports surged to $X in 2021. Over the period under review, exports, however, continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2017 when exports increased by 31% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

New Zealand represented the main exporter of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in Australia and Oceania, with the volume of exports amounting to X tons, which was approx. 73% of total exports in 2021. It was distantly followed by Australia (X tons), committing a 27% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to oleo oils exports from New Zealand stood at -51.4%. Australia (-33.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Australia increased by +25 percentage points.

In value terms, Australia ($X) remains the largest oleo oils supplier in Australia and Oceania, comprising 70% of total exports. The second position in the ranking was held by New Zealand ($X), with a 30% share of total exports.

In Australia, oleo oils exports shrank by an average annual rate of -6.5% over the period from 2012-2021.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2021, increasing by 2.2% against the previous year. In general, the export price posted buoyant growth. The pace of growth appeared the most rapid in 2016 when the export price increased by 150%. The level of export peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Australia ($X per ton), while New Zealand stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+40.3%).

Oleo Oils Imports

Imports in Australia and Oceania

In 2021, after two years of decline, there was significant growth in purchases abroad of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil, when their volume increased by 45% to X tons. In general, imports showed a resilient increase. The most prominent rate of growth was recorded in 2014 when imports increased by 132% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, oleo oils imports surged to $X in 2021. Overall, imports recorded a remarkable increase. The most prominent rate of growth was recorded in 2014 with an increase of 173%. Over the period under review, imports reached the maximum in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

The purchases of the two major importers of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil, namely New Zealand and Fiji, represented more than two-thirds of total import.

From 2012 to 2021, the biggest increases were recorded for New Zealand (with a CAGR of +157.7%).

In value terms, New Zealand ($X) constitutes the largest market for imported lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in Australia and Oceania, comprising 65% of total imports. The second position in the ranking was taken by Fiji ($X), with a 30% share of total imports.

In New Zealand, oleo oils imports increased at an average annual rate of +159.5% over the period from 2012-2021.

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2021, rising by 7.6% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 36% against the previous year. The level of import peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was New Zealand ($X per ton), while Fiji amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+0.7%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of oleo oils consumption was Australia, accounting for 70% of total volume. Moreover, oleo oils consumption in Australia exceeded the figures recorded by the second-largest consumer, New Zealand, threefold.
Australia remains the largest oleo oils producing country in Australia and Oceania, accounting for 100% of total volume.
In value terms, Australia remains the largest oleo oils supplier in Australia and Oceania, comprising 82% of total exports. The second position in the ranking was occupied by New Zealand, with an 18% share of total exports.
In value terms, New Zealand constitutes the largest market for imported lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in Australia and Oceania, comprising 84% of total imports. The second position in the ranking was occupied by Fiji, with an 11% share of total imports.
The oleo oils export price in Australia and Oceania stood at $1,140 per ton in 2020, with a decrease of -4.5% against the previous year.
The oleo oils import price in Australia and Oceania stood at $1,077 per ton in 2020, growing by 22% against the previous year.

This report provides an in-depth analysis of the oleo oils market in Australia and Oceania. 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:

  • Prodcom 10411100 - Lard stearin, lard oil, oleostearin, oleo-oil and tallow oil (excluding emulsified, mixed or otherwise prepared)

Country coverage:

  • Australia
  • Cook Islands
  • Fiji
  • French Polynesia
  • Kiribati
  • Marshall Islands
  • Micronesia
  • New Caledonia
  • New Zealand
  • Northern Mariana Islands
  • Palau
  • Papua New Guinea
  • Samoa
  • Solomon Islands
  • Tokelau
  • Tonga
  • Tuvalu
  • Vanuatu
  • Wallis and Futuna Islands
  • American Samoa
  • Nauru
  • Niue
  • Guam

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Australia and Oceania, split by region and country
  • Trade (exports and imports) in Australia and Oceania
  • 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 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. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Australia
    • Cook Islands
    • Fiji
    • French Polynesia
    • Kiribati
    • Marshall Islands
    • Micronesia
    • New Caledonia
    • New Zealand
    • Northern Mariana Islands
    • Palau
    • Papua New Guinea
    • Samoa
    • Solomon Islands
    • Tokelau
    • Tonga
    • Tuvalu
    • Vanuatu
    • Wallis and Futuna Islands
    • American Samoa
    • Nauru
    • Niue
    • Guam

  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    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, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

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