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South Africa - Lard Stearin, Lard Oil, Oleostearin, Oleo-Oil And Tallow Oil - Market Analysis, Forecast, Size, Trends And Insights
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South Africa: Oleo Oils Market Overview 2021

Oleo Oils Market Size in South Africa

The South African oleo oils market amounted to $X in 2019, flattening at the previous year. In general, consumption continues to indicate a perceptible expansion. The most prominent rate of growth was recorded in 2011 when the market value increased by X% year-to-year. As a result, consumption attained the peak level of $X. from 2012 to 2019, the growth of the market failed to regain the momentum.

Oleo Oils Production in South Africa

In value terms, oleo oils production fell to $X in 2020 estimated in export prices. Overall, production continues to indicate a deep slump. The growth pace was the most rapid in 2017 when the production volume increased by X% y-o-y. Over the period under review, production attained the peak level at $X in 2007; however, from 2008 to 2020, production failed to regain the momentum.

Oleo Oils Exports

Exports from South Africa

In 2020, approx. X tonnes of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil were exported from South Africa; declining by -X% against 2019 figures. In general, exports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2017 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at X tonnes in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

In value terms, oleo oils exports shrank to $X in 2020. Overall, exports recorded a deep setback. The pace of growth was the most pronounced in 2017 when exports increased by X% year-to-year. Over the period under review, exports reached the peak figure at $X in 2007; however, from 2008 to 2020, exports remained at a lower figure.

Exports by Country

Zimbabwe (X tonnes) was the main destination for oleo oils exports from South Africa, with a X% share of total exports. It was followed by Swaziland (X tonnes), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to Zimbabwe stood at +X%.

From 2007 to 2020, the average annual rate of growth in terms of value to Zimbabwe amounted to +X%.

Export Prices by Country

The average oleo oils export price stood at $X per tonne in 2020, shrinking by -X% against the previous year. In general, the export price continues to indicate a slight curtailment. The most prominent rate of growth was recorded in 2009 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2011; however, from 2012 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Swaziland ($X per tonne), while the average price for exports to Zimbabwe totaled $X per tonne.

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

Oleo Oils Imports

Imports into South Africa

In 2020, purchases abroad of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil decreased by -X% to X kg, falling for the ninth year in a row after two years of growth. Over the period under review, imports continue to indicate a deep slump. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure at X tonnes in 2011; however, from 2012 to 2020, imports failed to regain the momentum.

In value terms, oleo oils imports amounted to $X in 2020. Overall, imports continue to indicate a noticeable contraction. The pace of growth was the most pronounced in 2010 when imports increased by X% y-o-y. Over the period under review, imports reached the peak figure at $X in 2011; however, from 2012 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Germany (X kg), the U.S. (X kg) and Italy (X kg) were the main suppliers of oleo oils imports to South Africa, together comprising X% of total imports. These countries were followed by Indonesia, which accounted for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Indonesia (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) constituted the largest supplier of oleo oils to South Africa, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2007 to 2020, the average annual growth rate of value from the U.S. was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Italy (+X% per year).

Import Prices by Country

The average oleo oils import price stood at $X per tonne in 2020, rising by X% against the previous year. In general, the import price continues to indicate a prominent expansion. The pace of growth appeared the most rapid in 2019 when the average import price increased by X% year-to-year. The import price peaked in 2020 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the U.S. ($X per tonne), while the price for Indonesia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced mixed trend patterns.

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?
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The countries with the highest volumes of oleo oils consumption in 2020 were Ireland (75K tonnes), the U.S. (44K tonnes) and the UK (35K tonnes), with a combined 53% share of global consumption. These countries were followed by Malaysia, Sudan, Belgium and Egypt, which together accounted 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 oleo oils production in 2020 were the UK (90K tonnes), Ireland (72K tonnes) and the U.S. (54K tonnes), with a combined 74% share of global production.
What are the leading suppliers of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil to South Africa?
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In value terms, the U.S. ($5.5K) constituted the largest supplier of oleo oils to South Africa, comprising 80% of total imports. The second position in the ranking was occupied by Germany ($1.3K), with a 19% share of total imports. It was followed by Italy, with a 0.6% share.
What is the average export price for lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in South Africa?
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The average oleo oils export price stood at $614 per tonne in 2020, with a decrease of -1.7% against the previous year.
What is the average import price for lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in South Africa?
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In 2020, the average oleo oils import price amounted to $6,911 per tonne, jumping by 69% against the previous year.

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

This report provides an in-depth analysis of the oleo oils market in South Africa. 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:
• South Africa

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in South Africa
• 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
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 2025
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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