What this market covers
Lard stearin, lard oil, oleostearin, oleo-oil and tallow oil.
Typical segments
- Lard stearin
- Oleostearin
- Tallow oil
Why this market is moving now
- World trade grew 537% from 2019 to 2024, a direct read on cross-border demand.
- Ireland is gaining ground: its exports rose 1005% from 2019 to 2024, the fastest among the ten largest exporters.
Key figures
Global figures for this market, with the year each one describes. Use Cite to copy a reference to this page.
| Figure | Value | Year | Cite |
|---|---|---|---|
| World exports of lard stearin and tallow oil (HS 150300) were worth $320.7 million in 2024. | 320.7 USD million | 2024 | |
| World exports were 537% higher in 2024 than in 2019 ($50.4 million), calculated from the annual totals. | +537 % since 2019 | 2024 | |
| The United Kingdom was the largest exporter in 2024, with 58% of world exports ($187.2 million). | 58 % of world exports | 2024 | |
| The three largest exporters, the United Kingdom, Ireland and Poland, shipped 84% of world exports in 2024. | 84 % of world exports | 2024 | |
| The United States was the largest importer in 2024, buying $176.8 million, or 55% of world imports. | 55 % of world imports | 2024 | |
| 10 countries exported more than $1 million of this product in 2024. | 10 countries | 2024 | |
| The average world export price was about $1.04 per kilogram in 2024, calculated from value and weight. | 1.04 USD per kg | 2024 | |
| Countries exported 308.9 thousand tonnes of this product in 2024. | 308.9 thousand tonnes | 2024 | |
| Among the ten largest exporters, Ireland grew fastest, with exports up 1005% from 2019 to 2024. | +1005 % since 2019 | 2024 |
Calculated figures (shares, changes and prices per kilogram) are plain arithmetic on the reported values. Read how we work.
Buyers and suppliers
Who buys
- Margarine makers
- Soap makers
- Chemical makers
Largest exporting countries, 2024
Largest importing countries, 2024
What the full report covers
- 01Executive summary
The answer in one page: size, direction and what moves it - 02Market definition and scope
What is in and out of the global market - 03Global market size, 2021 to 2025
Historical series and growth rates - 04Countries and regions
Demand, supply and trade by country and region - 05Outlook to 2031
Base, low and high scenarios with stated assumptions - 06Rules, policy and deadlines
Regulation and programmes that change demand - 07Drivers and barriers
What accelerates or slows adoption, by customer segment - 08Prices, costs and margins
Unit economics where public data allows - 09Competitive landscape
8 to 12 company profiles with recent moves - 10Opportunities and risks
For new entrants, suppliers and investors - 11Method and assumptions
How every figure was built
Included with the full report
- PDF report, 40 to 60 pages
- Excel data pack
- Ready-to-use charts
- Method note and assumptions
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Frequently asked questions
How big is the global lard stearin and tallow oil market?
There is no single official market total. World exports of HS 150300 reached $320.7 million in 2024, a direct measure of cross-border trade.
Which countries export the most lard stearin and tallow oil?
The United Kingdom led world exports in 2024 with 58% of the total, followed by Ireland, Poland and France.
Which countries import the most lard stearin and tallow oil?
The United States was the largest importer in 2024, followed by the Netherlands, the United Kingdom and Ireland.
Is world trade in lard stearin and tallow oil growing?
World exports were 537% higher in 2024 than in 2019.
What is the average export price of lard stearin and tallow oil?
Dividing world export value by weight gives about $1.04 per kilogram in 2024.
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