Report Asia - Tallow - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Asia - Tallow - Market Analysis, Forecast, Size, Trends and Insights
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Asia: Tallow Market 2022

Tallow Market Size in Asia

In 2021, after two years of growth, there was significant decline in the Asian tallow market, when its value decreased by -X% to $X. In general, consumption, however, saw a pronounced downturn. The level of consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Tallow Production in Asia

In value terms, tallow production fell to $X in 2021 estimated in export prices. In general, production, however, showed a perceptible downturn. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% y-o-y. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Production By Country in Asia

The countries with the highest volumes of tallow production in 2021 were China (X tonnes), India (X tonnes) and Iran (X tonnes), together accounting for X% of total production.

From 2012 to 2021, the biggest increases were in China (+X%), while tallow production for the other leaders experienced mixed trends in the production figures.

Tallow Exports

Exports in Asia

After five years of growth, overseas shipments of tallow decreased by -X% to X tonnes in 2021. Over the period under review, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by X% year-to-year. Over the period under review, the exports reached the maximum at X tonnes in 2020, and then shrank notably in the following year.

In value terms, tallow exports shrank significantly to $X in 2021. Overall, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. The level of export peaked at $X in 2020, and then dropped dramatically in the following year.

Exports by Country

India prevails in tallow exports structure, resulting at X tonnes, which was approx. X% of total exports in 2021. It was distantly followed by South Korea (X tonnes), constituting a X% share of total exports. Malaysia (X tonnes) and Saudi Arabia (X tonnes) occupied a little share of total exports.

India was also the fastest-growing in terms of the tallow exports, with a CAGR of +X% from 2012 to 2021. At the same time, South Korea (+X%), Saudi Arabia (+X%) and Malaysia (+X%) displayed positive paces of growth. India (+X p.p.) significantly strengthened its position in terms of the total exports, while Saudi Arabia, South Korea and Malaysia saw its share reduced by -X%, -X% and -X% from 2012 to 2021, respectively.

In value terms, India ($X) emerged as the largest tallow supplier in Asia, comprising X% of total exports. The second position in the ranking was occupied by South Korea ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.

In India, tallow exports expanded at an average annual rate of +X% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: South Korea (+X% per year) and Malaysia (+X% per year).

Export Prices by Country

The tallow export price in Asia stood at $X per tonne in 2021, increasing by X% against the previous year. Export price indicated a mild expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, tallow export price increased by +X% against 2019 indices. The level of export peaked at $X per tonne in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in India ($X per tonne) and Malaysia ($X per tonne), while Saudi Arabia ($X per tonne) and South Korea ($X per tonne) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+X%), while the other leaders experienced mixed trends in the export price figures.

Tallow Imports

Imports in Asia

In 2021, after two years of growth, there was decline in supplies from abroad of tallow, when their volume decreased by -X% to X tonnes. The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tonnes in 2020, and then reduced modestly in the following year.

In value terms, tallow imports contracted to $X in 2021. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then shrank in the following year.

Imports by Country

Singapore represented the largest importer of tallow in Asia, with the volume of imports recording X tonnes, which was near X% of total imports in 2021. China (X tonnes) occupied a X% share (based on tonnes) of total imports, which put it in second place, followed by Malaysia (X%). The following importers - the Philippines (X tonnes), Taiwan (Chinese) (X tonnes) and Japan (X tonnes) - together made up X% of total imports.

Imports into Singapore increased at an average annual rate of +X% from 2012 to 2021. At the same time, Malaysia (+X%) and the Philippines (+X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing importer imported in Asia, with a CAGR of +X% from 2012-2021. By contrast, China (-X%), Taiwan (Chinese) (-X%) and Japan (-X%) illustrated a downward trend over the same period. Singapore (+X p.p.), Malaysia (+X p.p.) and the Philippines (+X p.p.) significantly strengthened its position in terms of the total imports, while Taiwan (Chinese), Japan and China saw its share reduced by -X%, -X% and -X% from 2012 to 2021, respectively.

In value terms, Singapore ($X) constitutes the largest market for imported tallow in Asia, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by Malaysia, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Singapore stood at +X%. The remaining importing countries recorded the following average annual rates of imports growth: China (-X% per year) and Malaysia (+X% per year).

Import Prices by Country

In 2021, the tallow import price in Asia amounted to $X per tonne, dropping by -X% against the previous year. In general, the import price recorded a noticeable decline. The growth pace was the most rapid in 2020 an increase of X% y-o-y. Over the period under review, import prices attained the maximum at $X per tonne in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was China ($X per tonne), while Japan ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tonnes

Frequently Asked Questions (FAQ) :

What are the largest markets for tallow in Asia?
+
Singapore remains the largest tallow consuming country in Asia, accounting for 51% of total volume. Moreover, tallow consumption in Singapore exceeded the figures recorded by the second-largest consumer, China, twofold. Malaysia ranked third in terms of total consumption with a 7.5% share.
What are the largest producers of tallow in Asia?
+
The countries with the highest volumes of tallow production in 2021 were China, India and Iran, with a combined 86% share of total production.
What are the leading exporters of tallow in Asia?
+
In value terms, India emerged as the largest tallow supplier in Asia, comprising 81% of total exports. The second position in the ranking was occupied by South Korea, with a 4.2% share of total exports. It was followed by Malaysia, with a 2.3% share.
What are the leading importers of tallow in Asia?
+
In value terms, Singapore constitutes the largest market for imported tallow in Asia, comprising 59% of total imports. The second position in the ranking was occupied by China, with a 19% share of total imports. It was followed by Malaysia, with a 6.4% share.
What is the average export price for tallow in Asia?
+
The tallow export price in Asia stood at $947 per tonne in 2021, rising by 31% against the previous year.
What is the average import price for tallow in Asia?
+
The tallow import price in Asia stood at $794 per tonne in 2021, reducing by -3.6% against the previous year.

This report provides an in-depth analysis of the tallow market in 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:
• Afghanistan
• Armenia
• Bahrain
• Bhutan
• Brunei Darussalam
• Democratic People's Republic of Korea
• Georgia
• Jordan
• Kyrgyzstan
• Lao People's Democratic Republic
• Lebanon
• Macao SAR
• Maldives
• Nepal
• Palestine
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Timor-Leste
• Turkmenistan
• Yemen

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia, split by region and country
• Trade (exports and imports) in 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Afghanistan
• Armenia
• Azerbaijan
• Bahrain
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• Hong Kong SAR
• Macao SAR
• Cyprus
• Georgia
• India
• Indonesia
• Iran
• Iraq
• Israel
• Japan
• Jordan
• Kazakhstan
• Kuwait
• Kyrgyzstan
• Lebanon
• Malaysia
• Maldives
• Mongolia
• Myanmar
• Nepal
• Oman
• Pakistan
• Palestine
• Philippines
• Qatar
• Saudi Arabia
• Singapore
• South Korea
• Sri Lanka
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Thailand
• Timor-Leste
• Turkey
• Turkmenistan
• United Arab Emirates
• Uzbekistan
• Vietnam
• Yemen
• Lao People's Democratic Republic
• Democratic People's Republic of Korea
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2007–2021
Table 3:
Market Value, 2007–2021
Table 4:
Per Capita Consumption, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2007–2021
Table 6:
Imports, In Physical Terms, By Country, 2007–2021
Table 7:
Imports, In Value Terms, By Country, 2007–2021
Table 8:
Import Prices, By Country Of Destination, 2007–2021
Table 9:
Exports, In Physical Terms, By Country, 2007–2021
Table 10:
Exports, In Value Terms, By Country, 2007–2021
Table 11:
Export Prices, By Country Of Origin, 2007–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2021
Figure 2:
Market Value, 2007–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2021
Figure 17:
Production, In Value Terms, 2007–2021
Figure 18:
Production, By Country, 2021
Figure 19:
Production, In Physical Terms, By Country, 2007–2021
Figure 20:
Imports, In Physical Terms, 2007–2021
Figure 21:
Imports, In Value Terms, 2007–2021
Figure 22:
Imports, In Physical Terms, By Country, 2021
Figure 23:
Imports, In Physical Terms, By Country, 2007–2021
Figure 24:
Imports, In Value Terms, By Country, 2007–2021
Figure 25:
Import Prices, By Country, 2007–2021
Figure 26:
Exports, In Physical Terms, 2007–2021
Figure 27:
Exports, In Value Terms, 2007–2021
Figure 28:
Exports, In Physical Terms, By Country, 2021
Figure 29:
Exports, In Physical Terms, By Country, 2007–2021
Figure 30:
Exports, In Value Terms, By Country, 2007–2021
Figure 31:
Export Prices, 2007–2021
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