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Pakistan - Tallow - Market Analysis, Forecast, Size, Trends and Insights
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Pakistan: Tallow Market Overview 2021

Tallow Market Size in Pakistan

For the third year in a row, the Pakistani tallow market recorded decline in sales value, which decreased by -X% to $X in 2020. Overall, consumption saw a sharp decline. The most prominent rate of growth was recorded in 2010 when the market value increased by X% against the previous year. Over the period under review, the market reached the peak level at $X in 2008; however, from 2009 to 2020, consumption failed to regain the momentum.

Tallow Exports

Exports from Pakistan

In 2020, shipments abroad of tallow decreased by -X% to X tonnes, falling for the fifth consecutive year after four years of growth. Overall, exports showed a drastic downturn. The pace of growth appeared the most rapid in 2014 with an increase of X% year-to-year. Exports peaked at X tonnes in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

In value terms, tallow exports declined to $X in 2020. Over the period under review, exports showed a abrupt slump. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, exports attained the peak figure at $X in 2010; however, from 2011 to 2020, exports remained at a lower figure.

Exports by Country

Afghanistan (X tonnes) was the main destination for tallow exports from Pakistan, with a X% share of total exports. Moreover, tallow exports to Afghanistan exceeded the volume sent to the second major destination, Bangladesh (X tonnes), threefold.

From 2007 to 2020, the average annual growth rate of volume to Afghanistan totaled -X%.

In value terms, Afghanistan ($X) emerged as the key foreign market for tallow exports from Pakistan, comprising X% of total exports. The second position in the ranking was occupied by Bangladesh ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to Afghanistan stood at -X%.

Export Prices by Country

In 2020, the average tallow export price amounted to $X per tonne, increasing by X% against the previous year. Overall, the export price posted buoyant growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2010; however, from 2011 to 2020, export prices failed to regain the momentum.

Average prices varied noticeably for the major foreign markets. In 2020, the country with the highest price was Afghanistan ($X per tonne), while the average price for exports to Bangladesh amounted to $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Afghanistan.

Tallow Imports

Imports into Pakistan

Tallow imports into Pakistan dropped notably to X tonnes in 2020, with a decrease of -X% compared with the previous year's figure. Overall, imports faced a dramatic downturn. The growth pace was the most rapid in 2010 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, tallow imports dropped markedly to $X in 2020. In general, imports showed a sharp contraction. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Saudi Arabia (X tonnes) constituted the largest supplier of tallow to Pakistan, with a X% share of total imports. Moreover, tallow imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, Lebanon (X tonnes), threefold. Kuwait (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Saudi Arabia amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Lebanon (+X% per year) and Kuwait (-X% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of tallow to Pakistan, comprising X% of total imports. The second position in the ranking was occupied by Lebanon ($X), with a X% share of total imports. It was followed by Kuwait, with a X% share.

From 2007 to 2020, the average annual growth rate of value from Saudi Arabia amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Lebanon (+X% per year) and Kuwait (-X% per year).

Import Prices by Country

In 2020, the average tallow import price amounted to $X per tonne, picking up by X% against the previous year. In general, import price indicated mild growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2008 an increase of X% year-to-year. Over the period under review, average import prices reached the maximum at $X per tonne in 2011; however, from 2012 to 2020, import prices failed to regain the momentum.

Average prices varied noticeably amongst the major supplying countries. In 2020, the countries with the highest prices were Saudi Arabia ($X per tonne) and the United Arab Emirates ($X per tonne), while the price for Lebanon ($X per tonne) and Turkey ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the United Arab Emirates, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tallow in the world?
+
The U.S. (4M tonnes) constituted the country with the largest volume of tallow consumption, accounting for 50% of total volume. Moreover, tallow consumption in the U.S. exceeded the figures recorded by the second-largest consumer, Brazil (797K tonnes), fivefold. The third position in this ranking was occupied by Singapore (624K tonnes), with a 7.9% share.
What are the largest producers of tallow in the world?
+
The country with the largest volume of tallow production was the U.S. (4.1M tonnes), accounting for 53% of total volume. Moreover, tallow production in the U.S. exceeded the figures recorded by the second-largest producer, Brazil (708K tonnes), sixfold. The third position in this ranking was occupied by Australia (575K tonnes), with a 7.3% share.
What are the leading suppliers of tallow to Pakistan?
+
In value terms, Saudi Arabia ($1.1M) constituted the largest supplier of tallow to Pakistan, comprising 60% of total imports. The second position in the ranking was occupied by Lebanon ($357K), with a 20% share of total imports. It was followed by Kuwait, with a 12% share.
What are the leading importers of tallow from Pakistan?
+
In value terms, Afghanistan ($9.8K) emerged as the key foreign market for tallow exports from Pakistan, comprising 77% of total exports. The second position in the ranking was occupied by Bangladesh ($2.9K), with a 23% share of total exports.
What is the average export price for tallow in Pakistan?
+
The average tallow export price stood at $1,493 per tonne in 2020, picking up by 13% against the previous year.
What is the average import price for tallow in Pakistan?
+
In 2020, the average tallow import price amounted to $674 per tonne, increasing by 16% against the previous year.

Product coverage:
• FCL 1225 - Tallow

This report provides an in-depth analysis of the tallow market in Pakistan. 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:
• Pakistan

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Pakistan
• 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
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
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
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

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

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 In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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