Latest Report Update: Apr 19, 2021

Northern America - Animal Fats And Oils - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service and Privacy Policy. We'll occasionally send you account related emails.

Northern America: Animal Fats Market Overview 2021

Animal Fats Market Size in Northern America

The North American animal fats market contracted modestly to $X in 2019, dropping by -X% against the previous year. The total consumption indicated a pronounced expansion from 2007 to 2019: its value decreased at an average annual rate of -X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2014 indices. The growth pace was the most rapid in 2015 with an increase of X% year-to-year. The level of consumption peaked at $X in 2018, and then shrank modestly in the following year.

Animal Fats Production in Northern America

In value terms, animal fats production dropped to $X in 2019 estimated in export prices. Over the period under review, production, however, enjoyed a strong increase. The growth pace was the most rapid in 2015 when the production volume increased by X% year-to-year. Over the period under review, production hit record highs at $X in 2018, and then dropped in the following year.

Production By Country in Northern America

The country with the largest volume of animal fats production was the U.S. (X tonnes), accounting for X% of total volume. Moreover, animal fats production in the U.S. exceeded the figures recorded by the second-largest producer, Canada (X tonnes), eightfold.

In the U.S., animal fats production remained relatively stable over the period from 2007-2019.

Animal Fats Exports

Exports in Northern America

After two years of growth, overseas shipments of animal fats and oils decreased by -X% to X tonnes in 2019. Overall, exports continue to indicate a dramatic curtailment. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. As a result, exports reached the peak of X tonnes. From 2009 to 2019, the growth exports failed to regain the momentum.

In value terms, animal fats exports contracted sharply to $X in 2019. In general, exports recorded a abrupt downturn. The pace of growth was the most pronounced in 2008 when exports increased by X% year-to-year. As a result, exports reached the peak of $X. From 2009 to 2019, the growth exports remained at a somewhat lower figure.

Exports by Country

The U.S. represented the key exporting country with an export of about X tonnes, which resulted at X% of total exports. It was distantly followed by Canada (X tonnes), committing a X% share of total exports.

Exports from the U.S. decreased at an average annual rate of -X% from 2007 to 2019. At the same time, Canada (+X%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +X% from 2007-2019. From 2007 to 2019, the share of Canada increased by +X% percentage points, while the U.S. (-X p.p.) saw their share reduced.

In value terms, the U.S. ($X) remains the largest animal fats supplier in Northern America, comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports.

In the U.S., animal fats exports decreased by an average annual rate of -X% over the period from 2007-2019.

Export Prices by Country

The animal fats export price in Northern America stood at $X per tonne in 2019, increasing by X% against the previous year. Overall, the export price saw a strong increase. The pace of growth appeared the most rapid in 2016 when the export price increased by X% year-to-year. The level of export peaked in 2019 and is likely to see gradual growth in years to come.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per tonne), while Canada totaled $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the U.S..

Animal Fats Imports

Imports in Northern America

In 2019, animal fats imports in Northern America reduced to X tonnes, falling by -X% on the previous year's figure. Overall, imports showed a deep slump. The growth pace was the most rapid in 2012 when imports increased by X% year-to-year. Over the period under review, imports attained the maximum at X tonnes in 2010; however, from 2011 to 2019, imports stood at a somewhat lower figure.

In value terms, animal fats imports rose remarkably to $X in 2019. In general, imports showed a resilient increase. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. The level of import peaked in 2019 and is likely to see gradual growth in the immediate term.

Imports by Country

The U.S. represented the major importer of animal fats and oils in Northern America, with the volume of imports finishing at X tonnes, which was approx. X% of total imports in 2019. It was distantly followed by Canada (X tonnes), comprising a X% share of total imports.

The U.S. was also the fastest-growing in terms of the animal fats and oils imports, with a CAGR of +X% from 2007 to 2019. Canada (-X%) illustrated a downward trend over the same period. From 2007 to 2019, the share of the U.S. increased by +X% percentage points, while Canada (-X p.p.) saw their share reduced.

In value terms, the U.S. ($X) constitutes the largest market for imported animal fats and oils in Northern America, comprising X% of total imports. The second position in the ranking was occupied by Canada ($X), with a X% share of total imports.

From 2007 to 2019, the average annual growth rate of value in the U.S. stood at +X%.

Import Prices by Country

The animal fats import price in Northern America stood at $X per tonne in 2019, growing by X% against the previous year. Over the period under review, the import price enjoyed a significant expansion. The most prominent rate of growth was recorded in 2011 an increase of X% y-o-y. The level of import peaked in 2019 and is expected to retain growth in the near future.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per tonne), while Canada totaled $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Canada.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for animal fats and oils in Northern America?
+
The U.S. (184K tonnes) remains the largest animal fats consuming country in Northern America, accounting for 88% of total volume. Moreover, animal fats consumption in the U.S. exceeded the figures recorded by the second-largest consumer, Canada (24K tonnes), eightfold.
What are the largest producers of animal fats and oils in Northern America?
+
The country with the largest volume of animal fats production was the U.S. (183K tonnes), comprising approx. 88% of total volume. Moreover, animal fats production in the U.S. exceeded the figures recorded by the second-largest producer, Canada (24K tonnes), eightfold.
What are the leading suppliers of animal fats and oils in Northern America?
+
In value terms, the U.S. ($1.5M) remains the largest animal fats supplier in Northern America, comprising 86% of total exports. The second position in the ranking was occupied by Canada ($245K), with a 14% share of total exports.
What are the leading importers of animal fats and oils in Northern America?
+
In value terms, the U.S. ($26M) constitutes the largest market for imported animal fats and oils in Northern America, comprising 95% of total imports. The second position in the ranking was occupied by Canada ($1.5M), with a 5.4% share of total imports.
What is the average export price for animal fats and oils in Northern America?
+
In 2019, the animal fats export price in Northern America amounted to $3,466 per tonne, growing by 30% against the previous year.
What is the average import price for animal fats and oils in Northern America?
+
The animal fats import price in Northern America stood at $13,190 per tonne in 2019, jumping by 21% against the previous year.

Product coverage:
• Prodcom 10416030 - Animal fats and oils and their fractions partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, but not further prepared (including refined)

This report provides an in-depth analysis of the animal fats market in Northern America. 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 2025.


Country coverage:
• Bermuda
• Greenland
• Saint Pierre and Miquelon

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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 2007–2020
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 2007–2020
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

• Bermuda
• Canada
• Greenland
• Saint Pierre and Miquelon
• USA
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
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, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

Webinar: Global Graphite Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global graphite market.



Tuesday, May 18th, 2021 @ 04:00 pm ET


Register

Webinar: Global Coal Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global сoal market.



Tuesday, June 1st, 2021 @ 04:00 pm ET


Register

Webinar: Global Biodiesel Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global biodiesel market.



Thursday, June 10th, 2021 @ 04:00 pm ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data