Latest Report Update: May 26, 2021

United Kingdom - Tallow - 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.

United Kingdom: Tallow Market Overview 2021

Tallow Market Size in the UK

The UK tallow market soared to $X in 2020, increasing by X% against the previous year. In general, consumption, however, recorded a slight setback. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, consumption attained the peak level of $X. From 2014 to 2020, the growth of the market remained at a somewhat lower figure.

Tallow Production in the UK

In value terms, tallow production soared to $X in 2020 estimated in export prices. Over the period under review, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2012 to 2020, production growth failed to regain the momentum.

Tallow Exports

Exports from the UK

In 2020, approx. X tonnes of tallow were exported from the UK; which is down by -X% against 2019 figures. Over the period under review, exports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Exports peaked at X tonnes in 2015; however, from 2016 to 2020, exports stood at a somewhat lower figure.

In value terms, tallow exports rose slightly to $X in 2020. Overall, exports, however, enjoyed a resilient increase. 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 maximum at $X in 2011; however, from 2012 to 2020, exports failed to regain the momentum.

Exports by Country

The Netherlands (X tonnes) was the main destination for tallow exports from the UK, with a X% share of total exports. Moreover, tallow exports to the Netherlands exceeded the volume sent to the second major destination, Belgium (X tonnes), twofold. The third position in this ranking was occupied by Ireland (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to the Netherlands stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+X% per year) and Ireland (+X% per year).

In value terms, the Netherlands ($X) remains the key foreign market for tallow exports from the UK, comprising X% of total exports. The second position in the ranking was occupied by Belgium ($X), with a X% share of total exports. It was followed by Ireland, with a X% share.

From 2007 to 2020, the average annual growth rate of value to the Netherlands amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+X% per year) and Ireland (+X% per year).

Export Prices by Country

The average tallow export price stood at $X per tonne in 2020, jumping by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2011 an increase of X% against the previous year. As a result, export price attained the peak level of $X per tonne. From 2012 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was Ireland ($X per tonne), while the average price for exports to Sweden ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Germany, while the prices for the other major destinations experienced mixed trend patterns.

Tallow Imports

Imports into the UK

In 2020, approx. X tonnes of tallow were imported into the UK; increasing by X% compared with the previous year. Overall, imports, however, continue to indicate a mild decrease. Over the period under review, imports reached the peak figure at X tonnes in 2018; however, from 2019 to 2020, imports remained at a lower figure.

In value terms, tallow imports skyrocketed to $X in 2020. In general, imports, however, recorded a noticeable descent. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, imports reached the peak figure at $X in 2008; however, from 2009 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Ireland (X tonnes) was the main tallow supplier to the UK, accounting for a X% share of total imports. It was followed by the Netherlands (X tonnes), with a X% share of total imports.

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

In value terms, Ireland ($X) constituted the largest supplier of tallow to the UK, comprising X% of total imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total imports.

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

Import Prices by Country

In 2020, the average tallow import price amounted to $X per tonne, dropping by -X% against the previous year. Over the period under review, the import price saw a noticeable reduction. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. The import price peaked at $X per tonne in 2012; however, from 2013 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($X per tonne), while the price for Ireland amounted to $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tallow in the world?
+
The U.S. (4M tonnes) remains the largest tallow consuming country worldwide, comprising approx. 51% of total volume. Moreover, tallow consumption in the U.S. exceeded the figures recorded by the second-largest consumer, Brazil (748K tonnes), fivefold. Australia (475K tonnes) ranked third in terms of total consumption with a 6.1% share.
What are the largest producers of tallow in the world?
+
The U.S. (4.1M tonnes) remains the largest tallow producing country worldwide, accounting for 52% 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 the UK?
+
In value terms, Ireland ($16M) constituted the largest supplier of tallow to the UK, comprising 92% of total imports. The second position in the ranking was occupied by the Netherlands ($577K), with a 3.4% share of total imports.
What are the leading importers of tallow from the UK?
+
In value terms, the Netherlands ($25M) remains the key foreign market for tallow exports from the UK, comprising 46% of total exports. The second position in the ranking was occupied by Belgium ($11M), with a 20% share of total exports. It was followed by Ireland, with a 17% share.
What is the average export price for tallow in the UK?
+
In 2020, the average tallow export price amounted to $813 per tonne, picking up by 24% against the previous year.
What is the average import price for tallow in the UK?
+
The average tallow import price stood at $568 per tonne in 2020, waning by -20% against the previous year.

Product coverage:
• FCL 1225 - Tallow

This report provides an in-depth analysis of the tallow market in the UK. 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:
• United Kingdom

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

Webinar: Global Anhydrous Ammonia Market - Statistics, Trends, and Outlook



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



Tuesday, June 15th, 2021 @ 04:00 pm ET


Register

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



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



Thursday, June 24th, 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.



Thursday, July 15th, 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