Pakistan - Tallow - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTallow Price in Pakistan - 2023
Contents:
- Tallow Price in Pakistan (CIF) - 2023
- Tallow Price in Pakistan (FOB) - 2022
- Tallow Imports in Pakistan
- Tallow Exports in Pakistan
Tallow Price in Pakistan (CIF) - 2023
The average tallow import price stood at $978 per ton in March 2023, dropping by -11.9% against the previous month. Overall, the import price saw a slight slump. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 147% month-to-month. The import price peaked at $1,492 per ton in July 2022; however, from August 2022 to March 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In March 2023, the country with the highest price was Saudi Arabia ($1,282 per ton), while the price for Iran ($594 per ton) was amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by Lebanon (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Tallow Price in Pakistan (FOB) - 2022
In 2021, the average tallow export price amounted to $1,860 per ton, approximately mirroring the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 162% against the previous year. The export price peaked at $1,968 per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.
Average prices varied somewhat for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Saudi Arabia ($2,123 per ton), while the average price for exports to Bahrain amounted to $1,484 per ton.
From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Afghanistan (+38.6%), while the prices for the other major destinations experienced a decline.
Tallow Imports in Pakistan
In 2022, tallow imports into Pakistan soared to 3.8K tons, with an increase of 17% against 2021 figures. Overall, imports, however, saw a sharp downturn. The growth pace was the most rapid in 2021 with an increase of 26%.
In value terms, tallow imports skyrocketed to $3.6M in 2022. Over the period under review, imports, however, faced a abrupt decline.
| Import of Tallow in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 1,229 | 998 | 1,333 | 1,864 | 14.9% |
| Kuwait | 18.2 | 204 | 392 | 549 | 211.3% |
| Lebanon | 513 | 338 | 337 | 530 | 1.1% |
| New Zealand | 10.9 | 58.3 | 191 | 268 | 190.8% |
| India | 5,001 | 33.2 | 87.6 | 199 | -65.9% |
| United Arab Emirates | 34.4 | 65.9 | 64.4 | 90.1 | 37.8% |
| Jordan | 19.5 | 10.3 | 41.3 | 57.7 | 43.6% |
| Others | 43.6 | 36.4 | 44.3 | 56.4 | 9.0% |
| Total | 6,870 | 1,744 | 2,491 | 3,613 | -19.3% |
Top Suppliers of Tallow to Pakistan in 2022:
- Saudi Arabia (1861.1 tons)
- Lebanon (658.8 tons)
- Kuwait (511.2 tons)
- New Zealand (356.4 tons)
- India (144.1 tons)
- United Arab Emirates (105.2 tons)
- Jordan (78.5 tons)
Tallow Exports in Pakistan
Tallow exports from Pakistan amounted to 1.3 tons in 2021, approximately reflecting 2020. Over the period under review, exports continue to indicate a dramatic curtailment. The smallest decline of 99.9% was in 2020.
In value terms, tallow exports stood at $2.4K in 2021. Overall, exports saw a sharp downturn. The smallest decline of 99.9% was in 2020.
| Export of Tallow in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Saudi Arabia | N/A | N/A | 1.6 | 0% | |
| Bahrain | N/A | N/A | 0.8 | 0% | |
| United Arab Emirates | 0.6 | N/A | N/A | 0% | |
| Bangladesh | 10.3 | N/A | N/A | 0% | |
| Afghanistan | 2.7 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 13.6 | N/A | 2.4 | -58.0% | |
Top Export Markets for Tallow from Pakistan in 2022:
- Saudi Arabia (756.0 kg)
- Bahrain (529.0 kg)
This report provides an in-depth analysis of the tallow market in Pakistan. 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 2030.
Product coverage:
- FCL 1225 - Tallow
Country coverage:
- Pakistan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Pakistan
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In 2016, the global tallow market stood at X tons in 2016. Overall, the market was stable from 2007 to 2016, with only soft variations over the period.
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Global tallow consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.
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