Brazil - Tallow - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTallow Price in Brazil - 2023
Contents:
- Tallow Price in Brazil (CIF) - 2023
- Tallow Price in Brazil (FOB) - 2023
- Tallow Imports in Brazil
- Tallow Exports in Brazil
Tallow Price in Brazil (CIF) - 2023
The average tallow import price stood at $806 per ton in October 2023, leveling off at the previous month. In general, the import price saw a pronounced downturn. The pace of growth was the most pronounced in September 2023 when the average import price increased by 9.3% m-o-m. The import price peaked at $1,046 per ton in October 2022; however, from November 2022 to October 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Uruguay ($1,774 per ton), while the price for Bolivia ($734 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Uruguay (+3.5%), while the prices for the other major suppliers experienced a decline.
Tallow Price in Brazil (FOB) - 2023
The average tallow export price stood at $1,362 per ton in October 2023, picking up by 10% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 13% m-o-m. Over the period under review, the average export prices reached the maximum at $1,600 per ton in November 2022; however, from December 2022 to October 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In October 2023, the country with the highest price was China ($1,460 per ton), while the average price for exports to the United States ($1,362 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-0.4%), while the prices for the other major destinations experienced a decline.
Tallow Imports in Brazil
In 2022, overseas purchases of tallow decreased by -4.8% to 75K tons, falling for the second consecutive year after two years of growth. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +8.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -21.1% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 62%. As a result, imports attained the peak of 95K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, tallow imports soared to $93M in 2022. Overall, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 115%. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Tallow in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Paraguay | 19.0 | 24.5 | 45.0 | 60.9 | 47.4% |
| Uruguay | 5.2 | 12.0 | 16.4 | 22.1 | 62.0% |
| Bolivia | N/A | 0.7 | 1.6 | 5.2 | 172.6% |
| Argentina | 6.4 | 11.5 | 3.8 | 4.4 | -11.7% |
| United States | 0.1 | 17.4 | 6.8 | N/A | 724.6% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 30.7 | 66.1 | 73.6 | 92.6 | 44.5% |
Top Suppliers of Tallow to Brazil in 2022:
- Paraguay (49.0K tons)
- Uruguay (17.2K tons)
- Bolivia (4.7K tons)
- Argentina (4.0K tons)
Tallow Exports in Brazil
In 2022, approx. 84K tons of tallow were exported from Brazil; with an increase of 238% compared with the year before. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 273% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, tallow exports skyrocketed to $136M in 2022. In general, exports showed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 329% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Tallow in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | 13.3 | 92.4 | 594.7% |
| China | 1.3 | 2.8 | 13.5 | 29.1 | 181.8% |
| Egypt | 0.7 | 0.9 | 1.1 | 2.0 | 41.9% |
| Saudi Arabia | 0.5 | 0.3 | 0.9 | 1.9 | 56.0% |
| South Africa | 0.6 | 0.8 | 2.7 | 1.9 | 46.8% |
| Netherlands | 3.5 | N/A | 0.1 | 0.1 | -69.4% |
| Others | 3.7 | 4.8 | 9.5 | 8.8 | 33.5% |
| Total | 10.2 | 9.6 | 41.1 | 136 | 137.1% |
Top Export Markets for Tallow from Brazil in 2022:
- United States (62.8K tons)
- China (12.4K tons)
- South Africa (1.8K tons)
- Saudi Arabia (1.3K tons)
- Egypt (1.3K tons)
- Netherlands (0.1K tons)
This report provides an in-depth analysis of the tallow market in Brazil. 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:
- Brazil
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Brazil
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
980
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300
The growth rate of Tallow was highest in May 2023, with a significant increase of 47% compared to the previous month. In terms of value, tallow imports rose to $3M in August 2023.
6675
In 2016, the global tallow market stood at X tons in 2016. Overall, the market was stable from 2007 to 2016, with only soft variations over the period.
1200
Global tallow consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.
2821
Global tallow exports amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
1815
Global tallow imports amounted to X thousand tons in 2015, coming down by -X% against the previous year level.
2542
In 2015, the country with the largest volume of the tallow output was the United States (X thousand tons), accounting for X% of global production.
1238
The tallow market volume followed an overall negative trend. A drop in 2008 was followed by stagnation at about X thousand tons, until the market fell again in 2012.
2064
The pursuit of healthy nutrition is an acute trend in the American lifestyle. However, the concern about health hasn't reached the entire population yet, as fast food is still highly sought, demonstrated by the strong deman
1296
The U.S. dominates in the global tallow trade. In 2014, the U.S. exported X thousand tons of tallow totaling X million USD, X% under the previous year. Its primary trading partner was Mexico, where it supplied X% of its total tallow exports in
300
The growth rate of Tallow was highest in May 2023, with a significant increase of 47% compared to the previous month. In terms of value, tallow imports rose to $3M in August 2023.
