The United Kingdom dominated the European export market for lard stearin, lard oil, oleostearin, oleo-oil, and tallow oil in 2023, with a significant market share of 68.14%. Ireland followed, contributing 17.18%. Notably, Germany saw remarkable growth of 43.62% year-on-year, while Denmark surged by 198.54%, albeit from a lower base. Conversely, the Netherlands, Spain, and Italy experienced noticeable declines in their export shares. Over the last five years, fluctuations have been evident, but overall growth was slightly positive in major economies such as the UK.
Future trends to watch include potential shifts due to evolving dietary preferences, sustainability concerns, and regional policy shifts affecting this sector. Monitoring Germany's and Denmark's rapidly growing market share could signal emerging competitive dynamics. Additionally, the impact of technological advancements in production should be considered for future growth opportunities.
Top countries in Export of Lard Stearin, Lard Oil, Oleostearin, Oleo-Oil and Tallow Oil Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 68.14 | 2023 | +4.02% | +3.71% | View data |
| 2 | 2 Ireland | 17.18 | 2023 | +5.98% | +17.08% | View data |
| 3 | 3 Netherlands | 3.97 | 2023 | +7.71% | -6.48% | View data |
| 4 | 4 France | 2.39 | 2023 | -15.37% | -1.48% | View data |
| 5 | 5 Spain | 0.97 | 2023 | -11.6% | -11.7% | View data |
| 6 | 6 Germany | 0.96 | 2023 | -8.25% | +43.62% | View data |
| 7 | 7 Poland | 0.47 | 2023 | +3.74% | -1.31% | View data |
| 8 | 8 Belgium | 0.29 | 2023 | +29.64% | +111.96% | View data |
| 9 | 9 Sweden | 0.26 | 2023 | +38.29% | -4.12% | View data |
| 10 | 10 Romania | 0.13 | 2023 | +1.46% | -1.77% | View data |