Sweden - Tallow - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Sweden - Tallow - Market Analysis, Forecast, Size, Trends and Insights

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Tallow Price in Sweden - 2023

Contents:

  1. Tallow Price in Sweden (CIF) - 2023
  2. Tallow Price in Sweden (FOB) - 2023
  3. Tallow Imports in Sweden
  4. Tallow Exports in Sweden

Tallow Price in Sweden (CIF) - 2023

The average tallow import price stood at $980 per ton in August 2023, which is down by -21.8% against the previous month. Overall, the import price continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 8.8% against the previous month. Over the period under review, average import prices attained the peak figure at $1,493 per ton in August 2022; however, from September 2022 to August 2023, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was Lithuania ($1,017 per ton), while the price for Poland amounted to $904 per ton.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (-0.9%), while the prices for the other major suppliers experienced a decline.

Tallow Price in Sweden (FOB) - 2023

The average tallow export price stood at $1,331 per ton in August 2023, growing by 5.8% against the previous month. Over the period under review, the export price, however, showed a noticeable setback. The export price peaked at $1,834 per ton in August 2022; however, from September 2022 to August 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was Germany ($1,736 per ton), while the average price for exports to Belgium ($989 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-1.2%), while the prices for the other major destinations experienced a decline.

Tallow Imports in Sweden

For the third year in a row, Sweden recorded decline in purchases abroad of tallow, which decreased by -18.5% to 13K tons in 2022. Over the period under review, imports showed a abrupt slump. The smallest decline of -8.5% was in 2021.

In value terms, tallow imports dropped slightly to $18M in 2022. Overall, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 59%. As a result, imports attained the peak of $18M, leveling off in the following year.

Import of Tallow in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania4.94.69.78.520.2%
Poland0.31.21.53.5126.8%
Germany1.01.82.22.535.7%
Denmark1.01.02.01.39.1%
BelgiumN/AN/A1.51.0-33.3%
Netherlands2.00.90.30.3-46.9%
Others0.41.70.50.614.5%
Total9.711.217.717.622.0%

Top Suppliers of Tallow to Sweden in 2022:

  1. Lithuania (6.3K tons)
  2. Poland (2.5K tons)
  3. Germany (1.9K tons)
  4. Denmark (0.7K tons)
  5. Belgium (0.7K tons)
  6. Netherlands (0.3K tons)

Tallow Exports in Sweden

In 2022, approx. 11K tons of tallow were exported from Sweden; increasing by 1.6% compared with the year before. In general, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 2.1% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, tallow exports skyrocketed to $18M in 2022. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 42% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.

Export of Tallow in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3.23.65.65.419.1%
Netherlands1.93.64.45.340.8%
Denmark0.80.71.23.157.1%
Serbia0.40.40.31.348.1%
BelgiumN/AN/A0.10.9800.0%
Poland0.90.30.30.7-8.0%
Others0.40.40.80.931.0%
Total7.59.012.817.632.9%

Top Export Markets for Tallow from Sweden in 2022:

  1. Netherlands (3.5K tons)
  2. Germany (3.0K tons)
  3. Denmark (2.1K tons)
  4. Serbia (0.6K tons)
  5. Poland (0.5K tons)
  6. Belgium (0.5K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the tallow market in Sweden. 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:

  • Sweden

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Sweden
  • 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Tallow - Sweden