Report Update Apr 1, 2024

China - Lard Stearin, Lard Oil, Oleostearin, Oleo-Oil and Tallow Oil - Market Analysis, Forecast, Size, Trends and Insights

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China: Oleo Oils Market 2024

Oleo Oils Market Size in China

In 2022, the Chinese oleo oils market decreased by X% to less than $X for the first time since 2019, thus ending a two-year declining trend. Overall, consumption, however, saw a significant increase. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Oleo Oils Production in China

In value terms, oleo oils production declined markedly to $X in 2022 estimated in export price. Overall, production faced a deep contraction. The most prominent rate of growth was recorded in 2019 with a decrease of X% against the previous year. Oleo oils production peaked at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Oleo Oils Exports

Exports from China

In 2019, approx. X kg of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil were exported from China; reducing by X% against 2018. In general, exports continue to indicate a abrupt descent. The exports peaked at X kg in 2018, and then declined in the following year.

In value terms, oleo oils exports amounted to $X in 2019. The total export value increased at an average annual rate of X% from 2018 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Nigeria (X kg), Niger (X kg) and New Zealand (X kg) were the main destinations of oleo oils exports from China, together comprising X% of total exports. Sri Lanka and Thailand lagged somewhat behind, together comprising a further X%.

From 2018 to 2019, the biggest increases were recorded for Sri Lanka (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X) emerged as the key foreign market for lard stearin, lard oil, oleostearin, oleo-oil and tallow oil exports from China, comprising X% of total exports. The second position in the ranking was held by Niger ($X), with a X% share of total exports. It was followed by New Zealand, with a X% share.

From 2018 to 2019, the average annual rate of growth in terms of value to Nigeria was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Niger (X% per year) and New Zealand (X% per year).

Export Prices by Country

The average oleo oils export price stood at $X per ton in 2019, with an increase of X% against the previous year. Over the period from 2018 to 2019, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2019, amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while the average price for exports to Thailand ($X per ton) was amongst the lowest.

From 2018 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (X%).

Oleo Oils Imports

Imports into China

After two years of decline, overseas purchases of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil decreased by X% to X tons in 2015. Overall, imports continue to indicate a significant increase. The smallest decline of X% was in 2013. Over the period under review, imports hit record highs in 2015 and are likely to see gradual growth in years to come.

In value terms, oleo oils imports stood at $X in 2015. In general, imports continue to indicate a significant expansion. The smallest decline of X% was in 2013. Over the period under review, imports reached the peak figure in 2015 and are expected to retain growth in the immediate term.

Imports by Country

In 2015, the United States (X tons) was the main oleo oils supplier to China, accounting for a approx. X% share of total imports.

From 2012 to 2015, the average annual growth rate of volume from the United States amounted to X%.

In value terms, the United States ($X) constituted the largest supplier of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil to China.

From 2012 to 2015, the average annual growth rate of value from the United States amounted to X%.

Import Prices by Country

The average oleo oils import price stood at $X per ton in 2015, therefore, remained relatively stable against the previous year. Over the period under review, the import price posted a resilient expansion. The pace of growth was the most pronounced in 2013 when the average import price decreased by X%. Over the period under review, average import prices hit record highs in 2015 and is likely to continue growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2015, the rate of growth in terms of prices for the United States amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in the world?

The countries with the highest volumes of consumption in 2023 were the United States, the UK and Ireland, together comprising 56% of global consumption. Egypt, the Netherlands, Belgium, Taiwan Chinese), Spain, India, France, Namibia, Germany and Botswana lagged somewhat behind, together accounting for a further 34%.

What are the largest producers of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in the world?

The countries with the highest volumes of production in 2022 were the UK, the United States and Ireland, with a combined 68% share of global production. Egypt, Spain, Taiwan Chinese), Cameroon, India, France, Namibia and Botswana lagged somewhat behind, together comprising a further 25%.

What are the leading suppliers of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil to China?

In value terms, the United States constituted the largest supplier of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil to China.

What are the leading importers of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil from China?

In value terms, Nigeria $162) emerged as the key foreign market for lard stearin, lard oil, oleostearin, oleo-oil and tallow oil exports from China, comprising 77% of total exports. The second position in the ranking was held by Niger $36), with a 17% share of total exports. It was followed by New Zealand, with a 2.9% share.

What is the average export price for lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in China?

In 2019, the average oleo oils export price amounted to $4,773 per ton, rising by 25% against the previous year.

What is the average import price for lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in China?

The average oleo oils import price stood at $1,828 per ton in 2015, almost unchanged from the previous year.

This report provides an in-depth analysis of the oleo oils market in China. 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:

Prodcom 10411100 - Lard stearin, lard oil, oleostearin, oleo-oil and tallow oil (excluding emulsified, mixed or otherwise prepared)

Country coverage:

China

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in China
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.

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. 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. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023