The United Kingdom leads the global export market of Lard Stearin, Oleostearin, and Natural Tallow Oils, with a substantial value of 70.552 million kilograms, followed by Ireland and the Netherlands. Over the past year, notable growth was seen in Ireland, with a 3.79% year-on-year increase, while the United States experienced a significant decline of 19.33%. Despite minor fluctuations in other countries, the industry's 5-year compound annual growth rate (CAGR) indicates overall stability. France and Spain both showed downward trends, reflecting decreased demand or increased competition.
Future trends to watch include the evolving production capacities and demand dynamics in Asian countries, along with potential impacts of sustainability policies on production and trade. Monitoring shifts in global dietary preferences and technological advancements in oil production will also be crucial for predicting export changes in this sector.
Top countries in Export of Lard Stearin, Oleostearin and Oils, Natural Tallow Oil by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 70,552,000 | 2023 | +4.01% | +3.72% | View data |
| 2 | 2 Ireland | 10,231,000 | 2023 | +1.37% | +3.79% | View data |
| 3 | 3 Netherlands | 6,891,900 | 2023 | +3.33% | +3.69% | View data |
| 4 | 4 France | 3,253,600 | 2023 | -3.01% | -3.97% | View data |
| 5 | 5 Spain | 1,564,800 | 2023 | -2.45% | -3.59% | View data |
| 6 | 6 United States | 1,539,600 | 2023 | -38.75% | -19.33% | View data |
| 7 | 7 South Korea | 491,430 | 2023 | +2.77% | +0.98% | View data |
| 8 | 8 Poland | 488,080 | 2023 | +5.33% | -1.41% | View data |
| 9 | 9 Romania | 173,600 | 2023 | +3.41% | +2.83% | View data |
| 10 | 10 Japan | 22,570 | 2023 | -7.01% | -5.84% | View data |
