Russian Federation: Tallow Market 2025

Tallow Market Size in the Russian Federation

After four years of decline, the Russian tallow market increased by 2.3% to $X in 2022. Over the period under review, consumption, however, recorded a perceptible reduction. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Tallow Production in the Russian Federation

In value terms, tallow production reduced modestly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a noticeable downturn. The most prominent rate of growth was recorded in 2014 when the production volume increased by 44% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Tallow Exports

Exports from the Russian Federation

In 2022, shipments abroad of tallow decreased by -0.6% to X tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, showed a strong increase. The most prominent rate of growth was recorded in 2019 when exports increased by 2,979%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, tallow exports contracted slightly to $X in 2022. In general, exports, however, recorded moderate growth. The pace of growth appeared the most rapid in 2019 when exports increased by 3,232% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Kazakhstan (X tons), China (X tons) and Uzbekistan (X tons) were the main destinations of tallow exports from Russia.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +89.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Kazakhstan ($X) and Uzbekistan ($X) constituted the largest markets for tallow exported from Russia worldwide.

In terms of the main countries of destination, China, with a CAGR of +120.4%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average tallow export price amounted to $X per ton, therefore, remained relatively stable against the previous year. Overall, the export price continues to indicate a noticeable downturn. The growth pace was the most rapid in 2014 when the average export price increased by 26%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Uzbekistan ($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 China (+16.5%), while the prices for the other major destinations experienced a decline.

Tallow Imports

Imports into the Russian Federation

In 2022, after two years of decline, there was significant growth in purchases abroad of tallow, when their volume increased by 9.7% to X tons. Over the period under review, imports, however, recorded a perceptible decrease. The pace of growth appeared the most rapid in 2014 when imports increased by 88% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, tallow imports declined to $X in 2022. In general, imports, however, showed a noticeable shrinkage. The pace of growth was the most pronounced in 2014 when imports increased by 159% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Argentina (X tons), Uruguay (X tons) and Belarus (X tons) were the main suppliers of tallow imports to Russia, together comprising 83% of total imports.

From 2012 to 2022, the biggest increases were recorded for Argentina (with a CAGR of +39.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest tallow suppliers to Russia were Argentina ($X), Uruguay ($X) and Belarus ($X), together comprising 85% of total imports.

Argentina, with a CAGR of +38.1%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average tallow import price amounted to $X per ton, which is down by -21.2% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 64% against the previous year. As a result, import price attained the peak level of $X per ton, and then fell notably in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Uruguay ($X per ton) and Belarus ($X per ton), while the price for Paraguay ($X per ton) and Argentina ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uruguay (+1.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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