Latest Report Update: Oct 9, 2021

U.S. - Lard Stearin, Lard Oil, Oleostearin, Oleo-Oil And Tallow Oil - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

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U.S.: Oleo Oils Market Overview 2021

Oleo Oils Market Size in the U.S.

The U.S. oleo oils market declined to $X in 2020, falling by -X% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Oleo oils consumption peaked at $X in 2018; however, from 2019 to 2020, consumption remained at a lower figure.

Oleo Oils Production in the U.S.

In value terms, oleo oils production contracted modestly to $X in 2020. In general, production continues to indicate a noticeable slump. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. As a result, production attained the peak level of $X. from 2012 to 2020, production growth remained at a lower figure.

Oleo Oils Exports

Exports from the U.S.

In 2020, approx. X tonnes of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil were exported from the U.S.; rising by X% against 2019. In general, exports, however, continue to indicate a pronounced decline. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. As a result, exports attained the peak of X tonnes. from 2011 to 2020, the growth exports remained at a lower figure.

In value terms, oleo oils exports soared to $X in 2020. Overall, exports, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2010 when exports increased by X% y-o-y. Over the period under review, exports reached the peak figure at $X in 2011; however, from 2012 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Mexico (X tonnes) was the main destination for oleo oils exports from the U.S., with a X% share of total exports. It was followed by Nigeria (X tonnes), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to Mexico amounted to +X%.

In value terms, Mexico ($X) emerged as the key foreign market for oleo oils exports from the U.S., comprising X% of total exports. The second position in the ranking was occupied by Nigeria ($X), with a X% share of total exports.

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

Export Prices by Country

In 2020, the average oleo oils export price amounted to $X per tonne, which is down by -X% against the previous year. Over the period under review, the export price saw a perceptible contraction. The growth pace was the most rapid in 2011 an increase of X% y-o-y. Over the period under review, average export prices attained the peak figure at $X per tonne in 2007; however, from 2008 to 2020, export prices failed to regain the momentum.

Average prices varied noticeably for the major overseas markets. In 2020, the country with the highest price was Nigeria ($X per tonne), while the average price for exports to Mexico totaled $X per tonne.

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

Oleo Oils Imports

Imports into the U.S.

In 2020, purchases abroad of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil decreased by -X% to X tonnes for the first time since 2017, thus ending a two-year rising trend. Overall, imports recorded a significant decline. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. As a result, imports reached the peak of X tonnes. from 2012 to 2020, the growth imports failed to regain the momentum.

In value terms, oleo oils imports shrank dramatically to $X in 2020. In general, imports showed a abrupt curtailment. The growth pace was the most rapid in 2010 when imports increased by X% year-to-year. Imports peaked at $X in 2011; however, from 2012 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Australia (X tonnes) was the main supplier of oleo oils to the U.S., with a approx. X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from Australia totaled -X%.

In value terms, Australia ($X) constituted the largest supplier of oleo oils to the U.S..

From 2007 to 2020, the average annual growth rate of value from Australia totaled +X%.

Import Prices by Country

In 2020, the average oleo oils import price amounted to $X per tonne, jumping by X% against the previous year. Overall, the import price continues to indicate a significant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2007 to 2020, the rate of growth in terms of prices for Australia 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 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 the U.S.?
+
In value terms, Australia ($11K) constituted the largest supplier of oleo oils to the U.S..
What are the leading importers of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil from the U.S.?
+
In value terms, Mexico ($6.5M) emerged as the key foreign market for oleo oils exports from the U.S., comprising 94% of total exports. The second position in the ranking was occupied by Nigeria ($132K), with a 1.9% share of total exports.
What is the average export price for lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in the U.S.?
+
The average oleo oils export price stood at $694 per tonne in 2020, reducing by -3% against the previous year.
What is the average import price for lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in the U.S.?
+
In 2020, the average oleo oils import price amounted to $7,147 per tonne, increasing by 3,229% 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 the U.S.. 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:
• USA

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