Report Update Nov 1, 2024

Russian Federation - Lard Stearin, Lard Oil, Oleostearin, Oleo-Oil and Tallow Oil - Market Analysis, Forecast, Size, Trends and Insights

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Russian Federation: Oleo Oils Market 2024

Oleo Oils Market Size in the Russian Federation

In 2021, after two years of growth, there was significant decline in the Russian oleo oils market, when its value decreased by -9.9% to $X. Over the period under review, consumption, however, saw a noticeable shrinkage. Oleo oils consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Oleo Oils Production in the Russian Federation

In value terms, oleo oils production fell to $X in 2021 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by 35%. Oleo oils production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Oleo Oils Exports

Exports from the Russian Federation

In 2021, shipments abroad of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil decreased by -98.6% to X kg, falling for the fourth year in a row after three years of growth. Over the period under review, exports continue to indicate a sharp decline. The most prominent rate of growth was recorded in 2015 when exports increased by 255%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, oleo oils exports fell markedly to $X in 2021. Overall, exports continue to indicate a precipitous decline. The growth pace was the most rapid in 2015 when exports increased by 146%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Belarus (X kg) and Kazakhstan (X kg) were the main destinations of oleo oils exports from Russia.

From 2012 to 2021, the biggest increases were recorded for Belarus (with a CAGR of 0.0%).

In value terms, the largest markets for oleo oils exported from Russia were Belarus ($X) and Kazakhstan ($X).

Belarus, with a CAGR of 0.0%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

The average oleo oils export price stood at $X per ton in 2021, falling by -17% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 94%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2021, the country with the highest price was Kazakhstan ($X per ton), while the average price for exports to Belarus stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+1.6%).

Oleo Oils Imports

Imports into the Russian Federation

In 2020, purchases abroad of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil increased by 78% to X kg for the first time since 2017, thus ending a two-year declining trend. In general, imports, however, showed a precipitous curtailment. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2020, imports failed to regain momentum.

In value terms, oleo oils imports surged to $X in 2020. Overall, imports, however, faced a precipitous decrease. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Belarus (X kg) was the main supplier of oleo oils to Russia, with a 91% share of total imports. Moreover, oleo oils imports from Belarus exceeded the figures recorded by the second-largest supplier, Germany (X kg), tenfold.

From 2012 to 2020, the average annual rate of growth in terms of volume from Belarus stood at -33.6%.

In value terms, Belarus ($X) and Germany ($X) appeared to be the largest oleo oils suppliers to Russia.

In terms of the main suppliers, Belarus, with a CAGR of -31.5%, saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2020, the average oleo oils import price amounted to $X per ton, picking up by 6.9% against the previous year. Over the period from 2012 to 2020, it increased at an average annual rate of +2.0%. The pace of growth was the most pronounced in 2017 when the average import price increased by 31%. As a result, import price attained the peak level of $X per ton. From 2018 to 2020, the average import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for Belarus stood at $X per ton.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Belarus (+3.2%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in the world?

The countries with the highest volumes of oleo oils consumption in 2020 were Ireland, the United States and Malaysia, together comprising 57% of global consumption. The UK, Sudan, Egypt and the Netherlands lagged somewhat behind, together comprising a further 31%.

What are the largest producers of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in the world?

The countries with the highest volumes of oleo oils production in 2020 were the UK, Ireland and the United States, with a combined 75% share of global production.

What are the leading suppliers of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil to the Russian Federation?

In value terms, Germany constituted the largest supplier of oleo oils to Russia.

What are the leading importers of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil from the Russian Federation?

In value terms, Kazakhstan remains the key foreign market for oleo oils exports from Russia.

What is the average export price for lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in the Russian Federation?

In 2019, the average oleo oils export price amounted to $3,568 per ton, with an increase of 45% against the previous year.

What is the average import price for lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in the Russian Federation?

The average oleo oils import price stood at $2,984 per ton in 2019, reducing by -10.2% against the previous year.

This report provides an in-depth analysis of the oleo oils market in the Russian Federation. 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:

Russia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Russian Federation
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