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Report Southern Asia - Tallow - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Southern Asia - Tallow - Market Analysis, Forecast, Size, Trends and Insights

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Southern Asia: Tallow Market 2024

Tallow Market Size in Southern Asia

The South Asian tallow market dropped markedly to $X in 2022, waning by -43.8% against the previous year. In general, consumption continues to indicate a drastic downturn. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Tallow Production in Southern Asia

In value terms, tallow production rose slightly to $X in 2022 estimated in export price. Overall, production saw a perceptible reduction. The pace of growth appeared the most rapid in 2013 with an increase of 33%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Tallow Exports

Exports in Southern Asia

In 2022, shipments abroad of tallow increased by 73% to X tons, rising for the third year in a row after two years of decline. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2015 when exports increased by 7,416% against the previous year. The volume of export peaked in 2022 and is likely to see steady growth in years to come.

In value terms, tallow exports soared to $X in 2022. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2015 when exports increased by 4,414% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Exports by Country

In 2022, India (X tons) was the largest exporter of tallow in Southern Asia, comprising 99.9% of total export.

India was also the fastest-growing in terms of the tallow exports, with a CAGR of +186.9% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest tallow supplier in Southern Asia.

In India, tallow exports increased at an average annual rate of +182.2% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, increasing by 29% against the previous year. Overall, the export price, however, continues to indicate a slight curtailment. The growth pace was the most rapid in 2021 when the export price increased by 54% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to -1.6% per year.

Tallow Imports

Imports in Southern Asia

Tallow imports declined to X tons in 2022, shrinking by -8.5% on the year before. Overall, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2014 with an increase of 37%. The volume of import peaked at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, tallow imports reduced notably to $X in 2022. In general, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 86% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Nepal was the key importing country with an import of around X tons, which accounted for 80% of total imports. It was distantly followed by Pakistan (X tons), constituting a 16% share of total imports. India (X tons) followed a long way behind the leaders.

Nepal was also the fastest-growing in terms of the tallow imports, with a CAGR of +19.7% from 2012 to 2022. India (-14.3%) and Pakistan (-19.5%) illustrated a downward trend over the same period. Nepal (+73 p.p.) significantly strengthened its position in terms of the total imports, while India and Pakistan saw its share reduced by -5.6% and -64.9% from 2012 to 2022, respectively.

In value terms, Nepal ($X) constitutes the largest market for imported tallow in Southern Asia, comprising 80% of total imports. The second position in the ranking was taken by Pakistan ($X), with an 18% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Nepal totaled +26.4%. The remaining importing countries recorded the following average annual rates of imports growth: Pakistan (-20.0% per year) and India (-18.1% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, dropping by -9.1% against the previous year. Over the period under review, the import price continues to indicate a slight decrease. The growth pace was the most rapid in 2021 an increase of 41% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Pakistan ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nepal (+5.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

India constituted the country with the largest volume of tallow consumption, accounting for 74% of total volume. Moreover, tallow consumption in India exceeded the figures recorded by the second-largest consumer, Nepal, fivefold. Afghanistan ranked third in terms of total consumption with a 7.2% share.
The country with the largest volume of tallow production was India, comprising approx. 100% of total volume.
In value terms, India remains the largest tallow supplier in Southern Asia.
In value terms, Nepal constitutes the largest market for imported tallow in Southern Asia, comprising 57% of total imports. The second position in the ranking was occupied by Afghanistan, with a 24% share of total imports. It was followed by Pakistan, with a 16% share.
In 2021, the tallow export price in Southern Asia amounted to $978 per ton, picking up by 54% against the previous year.
The tallow import price in Southern Asia stood at $731 per ton in 2021, falling by -3.6% against the previous year.

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

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Southern Asia, split by region and country
  • Trade (exports and imports) in Southern Asia
  • 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 2012–2023
    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 2012–2023
    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
    • Afghanistan
    • Bangladesh
    • Bhutan
    • India
    • Maldives
    • Nepal
    • Pakistan
    • Sri Lanka

  12. 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

  13. 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

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