Netherlands: Tallow Market 2024

Tallow Market Size in the Netherlands

In 2022, after three years of growth, there was significant decline in the Dutch tallow market, when its value decreased by X% to $X. Over the period under review, consumption, however, continues to indicate tangible growth. As a result, consumption reached the peak level of $X, and then dropped dramatically in the following year.

Tallow Exports

Exports from the Netherlands

In 2022, approx. X tons of tallow were exported from the Netherlands; with an increase of X% on the previous year's figure. Overall, total exports indicated a notable increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, tallow exports skyrocketed to $X in 2022. In general, exports enjoyed strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Belgium (X tons), Germany (X tons) and Poland (X tons) were the main destinations of tallow exports from the Netherlands, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for tallow exported from the Netherlands were Belgium ($X), Germany ($X) and Denmark ($X), together comprising X% of total exports. Poland, Italy, France and Ireland lagged somewhat behind, together comprising a further X%.

Poland, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average tallow export price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the export price posted a strong increase. The growth pace was the most rapid in 2021 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Tallow Imports

Imports into the Netherlands

In 2022, supplies from abroad of tallow decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a moderate expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of X tons, and then dropped in the following year.

In value terms, tallow imports expanded markedly to $X in 2022. Overall, imports, however, enjoyed a moderate increase. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of tallow to the Netherlands, with a X% share of total imports. Moreover, tallow imports from Germany exceeded the figures recorded by the second-largest supplier, Argentina (X tons), twofold. Uruguay (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (X% per year) and Uruguay (X% per year).

In value terms, Germany ($X) constituted the largest supplier of tallow to the Netherlands, comprising X% of total imports. The second position in the ranking was taken by Argentina ($X), with an X% share of total imports. It was followed by Ireland, with an X% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (X% per year) and Ireland (X% per year).

Import Prices by Country

In 2022, the average tallow import price amounted to $X per ton, picking up by X% against the previous year. Overall, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of X% 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 X% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of X%. The import price peaked in 2022 and is likely to see steady growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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