U.S.: Animal Fats Market 2025

Animal Fats Market Size in the U.S.

After three years of growth, the U.S. animal fats market decreased by -4.3% to $X in 2021. Overall, consumption, however, continues to indicate a buoyant expansion. Animal fats consumption peaked at $X in 2020, and then shrank slightly in the following year.

Animal Fats Production in the U.S.

In value terms, animal fats production stood at $X in 2021. In general, production, however, recorded strong growth. The most prominent rate of growth was recorded in 2019 with an increase of 95%. As a result, production reached the peak level of $X; afterwards, it flattened through to 2021.

Animal Fats Exports

Exports from the U.S.

Animal fats exports from the United States shrank significantly to X tons in 2021, which is down by -40% on the previous year. In general, exports saw a abrupt slump. The pace of growth was the most pronounced in 2020 when exports increased by 387% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, animal fats exports soared to $X in 2021. Overall, exports, however, saw strong growth. The growth pace was the most rapid in 2020 when exports increased by 164%. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in the immediate term.

Exports by Country

Denmark (X tons), Canada (X tons) and South Korea (X tons) were the main destinations of animal fats exports from the United States, with a combined 66% share of total exports. Mexico, Chile, China and the Netherlands lagged somewhat behind, together accounting for a further 24%.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +30.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X) remains the key foreign market for animal fats and oils exports from the United States, comprising 58% of total exports. The second position in the ranking was held by China ($X), with a 12% share of total exports. It was followed by Mexico, with a 6.1% share.

From 2012 to 2021, the average annual growth rate of value to South Korea stood at +84.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+93.7% per year) and Mexico (+31.1% per year).

Export Prices by Country

In 2021, the average animal fats export price amounted to $X per ton, growing by 94% against the previous year. Overall, the export price enjoyed significant growth. The growth pace was the most rapid in 2019 when the average export price increased by 153% against the previous year. Over the period under review, the average export prices reached the maximum in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+48.4%), while the prices for the other major destinations experienced more modest paces of growth.

Animal Fats Imports

Imports into the U.S.

In 2021, purchases abroad of animal fats and oils increased by 15% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, imports recorded a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of 102%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, animal fats imports soared to $X in 2021. Overall, imports posted a remarkable increase. The growth pace was the most rapid in 2019 when imports increased by 101%. Imports peaked in 2021 and are likely to continue growth in the immediate term.

Imports by Country

Norway (X tons), China (X tons) and Germany (X tons) were the main suppliers of animal fats imports to the United States, with a combined 95% share of total imports. Japan, Peru and Colombia lagged somewhat behind, together comprising a further 4.7%.

From 2012 to 2021, the biggest increases were recorded for Peru (with a CAGR of +2,983.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X) constituted the largest supplier of animal fats and oils to the United States, comprising 61% of total imports. The second position in the ranking was held by China ($X), with a 23% share of total imports. It was followed by Germany, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Norway totaled +9.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+64.8% per year) and Germany (+106.8% per year).

Import Prices by Country

The average animal fats import price stood at $X per ton in 2021, standing approx. at the previous year. Over the period under review, the import price, however, recorded a perceptible reduction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 31%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Peru ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Colombia (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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