Report Update Apr 1, 2024

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

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Saudi Arabia: Oleo Oils Market 2024

Oleo Oils Market Size in Saudi Arabia

The Saudi oleo oils market totaled $X in 2022, remaining relatively unchanged against the previous year. Over the period under review, consumption, however, recorded a abrupt curtailment. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Oleo Oils Production in Saudi Arabia

In value terms, oleo oils production totaled $X in 2022 estimated in export price. Overall, the total production indicated a slight increase from 2012 to 2022: its value 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, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2016 when the production volume increased by X% against the previous year. Oleo oils production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Oleo Oils Exports

Exports from Saudi Arabia

After two years of decline, shipments abroad of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil decreased by X% to X tons in 2020. In general, exports saw a deep downturn. The smallest decline of X% was in 2013. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2020, the exports stood at a somewhat lower figure.

In value terms, oleo oils exports amounted to $X in 2020. Overall, exports showed a abrupt slump. The smallest decline of X% was in 2013. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2020, the exports stood at a somewhat lower figure.

Exports by Country

Jordan (X tons) was the main destination for oleo oils exports from Saudi Arabia, with a approx. X% share of total exports.

From 2012 to 2016, the average annual rate of growth in terms of volume to Jordan was relatively modest.

From 2012 to 2016, the average annual growth rate of value to Jordan was relatively modest.

Export Prices by Country

In 2016, the average oleo oils export price amounted to less than $X per ton, stabilizing at the previous year. Overall, the export price faced a sharp setback. The growth pace was the most rapid in 2013 a decrease of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2016, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Jordan.

From 2012 to 2016, the rate of growth in terms of prices for Jordan amounted to X% per year.

Oleo Oils Imports

Imports into Saudi Arabia

In 2013, imports of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil into Saudi Arabia skyrocketed to X tons, picking up by X% compared with the year before. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, oleo oils imports soared to $X in 2013. Overall, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2013, Malaysia (X tons) was the main supplier of oleo oils to Saudi Arabia, with a approx. X% share of total imports.

From 2012 to 2013, the average annual rate of growth in terms of volume from Malaysia totaled X%.

In value terms, Malaysia ($X) constituted the largest supplier of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil to Saudi Arabia.

From 2012 to 2013, the average annual rate of growth in terms of value from Malaysia totaled X%.

Import Prices by Country

The average oleo oils import price stood at $X per ton in 2013, reducing by X% against the previous year. Overall, the import price saw a abrupt shrinkage. The import price peaked at $X per ton in 2012, and then fell dramatically in the following year.

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

From 2012 to 2013, the rate of growth in terms of prices for Malaysia 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, with a combined 56% share 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, together comprising 68% of global production. Egypt, Spain, Taiwan Chinese), Cameroon, India, France, Namibia and Botswana lagged somewhat behind, together accounting for a further 25%.

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

In value terms, Malaysia constituted the largest supplier of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil to Saudi Arabia.

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

In 2016, the average oleo oils export price amounted to less than $0.1 per ton, approximately equating the previous year.

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

In 2013, the average oleo oils import price amounted to $765 per ton, declining by -18.6% against the previous year.

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

Saudi Arabia

Data coverage:

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