Indonesia - Tallow - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTallow Price in Indonesia - 2022
Contents:
- Tallow Price in Indonesia (CIF) - 2022
- Tallow Price in Indonesia (FOB) - 2022
- Tallow Imports in Indonesia
- Tallow Exports in Indonesia
Tallow Price in Indonesia (CIF) - 2022
The average tallow import price stood at $1,391 per ton in 2022, falling by -16.3% against the previous year. Overall, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tallow import price increased by +46.1% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 75% against the previous year. As a result, import price reached the peak level of $1,661 per ton, and then shrank rapidly in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($1,504 per ton), while the price for New Zealand ($1,172 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+2.2%), while the prices for the other major suppliers experienced a decline.
Tallow Price in Indonesia (FOB) - 2022
In 2022, the average tallow export price amounted to $965 per ton, waning by -15.4% against the previous year. Overall, the export price, however, saw prominent growth. The growth pace was the most rapid in 2013 when the average export price increased by 190% against the previous year. The export price peaked at $1,141 per ton in 2021, and then reduced notably in the following year.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Zambia ($1,087 per ton), while the average price for exports to Cabo Verde stood at $883 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zambia (+1.3%), while the prices for the other major destinations experienced a decline.
Tallow Imports in Indonesia
In 2022, overseas purchases of tallow decreased by -19.1% to 1K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +11.2% 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 increased by +37.3% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 62%. As a result, imports attained the peak of 1.3K tons, and then reduced sharply in the following year.
In value terms, tallow imports fell remarkably to $1.5M in 2022. In general, imports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 183%. As a result, imports attained the peak of $2.1M, and then declined rapidly in the following year.
| Import of Tallow in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 306 | 572 | 1,838 | 989 | 47.9% |
| New Zealand | 639 | 98.0 | 260 | 368 | -16.8% |
| Germany | 36.1 | 44.7 | 17.4 | 40.3 | 3.7% |
| Others | 37.4 | 44.9 | 29.8 | 55.0 | 13.7% |
| Total | 1,019 | 759 | 2,145 | 1,452 | 12.5% |
Top Suppliers of Tallow to Indonesia in 2022:
- Australia (657.9 tons)
- New Zealand (313.7 tons)
- Germany (32.5 tons)
Tallow Exports in Indonesia
In 2022, overseas shipments of tallow were finally on the rise to reach 81 tons after two years of decline. Overall, exports, however, saw a dramatic decline.
In value terms, tallow exports fell to $78K in 2022. In general, exports, however, saw a sharp slump. The pace of growth appeared the most rapid in 2021 when exports increased by 39%.
| Export of Tallow in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cabo Verde | 110 | 33.8 | 27.8 | 42.9 | -26.9% |
| Zambia | 52.9 | 30.3 | 24.6 | 35.6 | -12.4% |
| Angola | N/A | N/A | 39.0 | N/A | 0% |
| Afghanistan | 181 | N/A | N/A | N/A | 0% |
| Others | N/A | 1.6 | N/A | N/A | 0% |
| Total | 344 | 65.6 | 91.4 | 78.5 | -38.9% |
Top Export Markets for Tallow from Indonesia in 2022:
- Cabo Verde (48.6 tons)
- Zambia (32.7 tons)
This report provides an in-depth analysis of the tallow market in Indonesia. 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:
- Indonesia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Indonesia
- 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
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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.
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Global tallow exports amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
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Global tallow imports amounted to X thousand tons in 2015, coming down by -X% against the previous year level.
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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.
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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.
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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
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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
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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.
