Market research

Lard stearin, lard oil, oleostearin, oleo-oil and tallow oil market in Australia and New Zealand

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Submission method: to your account

File format: docx, xlsx

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"Australia and New Zealand" region includes following countries:

Australia

Christmas Island

Cocos (Keeling) Islands

Heard Island and McDonald Islands

New Zealand

Norfolk Island

Earlier Report Observations

Between 2018 and 2023, the market volume for lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in Australia and New Zealand experienced notable fluctuations. Starting at 41 531 t in 2018, the market declined over the next two years to 38 938 t in 2020. This downward trend was sharply reversed in 2021 with a 10.4% surge to 42 981 t, marking the highest point in the period. However, volumes eased again in the subsequent years, settling at 41 144 t in 2023.

By 2025, industry developments signaled potential shifts for the tallow oil market. Z Energy in New Zealand unveiled plans to construct a biodiesel production facility in Auckland, designed to use tallow from the meat industry for an annual output of up to 20 million litres. At the same time, consumer behavior in New Zealand showed a move towards animal fats like tallow and lard, driven by olive oil shortages and rising prices for alternative cooking oils.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2025
    3. 4.1.1.3. Exports, 2018-2025
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Australia and New Zealand
  1. 5.1.1. Annual dynamics of production in Australia and New Zealand in kind, 2018-2023, t
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Exports
1. 6.1. Exports (Direct Data*)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Australia in kind, 2018-2025, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Australia by countries, 2018-2025, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Australia in value, 2018-2025, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Australia by countries, 2018-2025, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 6.1.4. Average price of product's exports, $ US/kg
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Australia, 2018-2025, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's exports from Australia by countries, 2018-2025, $ US/kg
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from Australia in kind, 2018-2025, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Australia by countries, 2018-2025, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Australia in value, 2018-2025, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Australia by countries, 2018-2025, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 6.2.4. Average price of product's exports, $ US/kg
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Australia, 2018-2025, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's exports from Australia by countries, 2018-2025, $ US/kg
7. Imports
1. 7.1. Imports (Direct Data*)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to Australia in kind, 2018-2025, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Australia by countries, 2018-2025, t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Australia in value, 2018-2025, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Australia by countries, 2018-2025, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 7.1.4. Average price of product's imports, $ US/kg
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Australia, 2018-2025, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's imports to Australia by countries, 2018-2025, $ US/kg
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, t
    1. 7.2.2.1. Annual dynamics of product's imports to Australia in kind, 2018-2025, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Australia by countries, 2018-2025, t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Australia in value, 2018-2025, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Australia by countries, 2018-2025, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 7.2.4. Average price of product's imports, $ US/kg
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Australia, 2018-2025, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's imports to Australia by countries, 2018-2025, $ US/kg
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2025
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in Australia and New Zealand

In kind, 2018-2021, t

Top producers of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil, 2018-2021

Source: SHEV.io

World map of production of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil, 2018-2021

Source: SHEV.io

After a two-year decline, production of lard stearin, lard oil, oleostearin, oleo-oil, and tallow oil in Australia and New Zealand rebounded. In 2021, output reached 42 743 tonnes, marking a 10.3% increase from 2020. Looking at the broader period from 2018 to 2021, production grew by 2.9%, which translates to an average annual growth rate of 1.0%. The lowest production level was recorded in 2020 at 38 752 tonnes, which also saw the largest decline of 4.4% during this timeframe.

Annual dynamics of production in Australia and New Zealand in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	(2.4%)	(4.4%)	10.3%	1.0%

Source: SHEV.io

Exports lard stearin, lard oil, oleostearin, oleo-oil and tallow oil from Australia and New Zealand

Exports in kind, t

In 2021, foreign supplies of lard stearin, lard oil, oleostearin, oleo-oil, and tallow oil from Australia and New Zealand amounted to 7.6 tonnes, reflecting a 7.8% decrease compared to the previous year. Over the period from 2018 to 2021, exports fell by 18.5%, averaging an annual decline of 6.6%. The lowest export volume was in 2019 at 6.8 tonnes, which also experienced the largest drop of 27.0%. In contrast, 2020 saw the biggest increase at 20.9%.

Annual dynamics of product's exports from Australia and New Zealand in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	(27.0%)	20.9%	(7.8%)	(6.6%)

Source: SHEV.io

From 2018 to 2021, the main destinations for exports in kind of lard stearin, lard oil, oleostearin, oleo-oil, and tallow oil from Australia and New Zealand were Cook Islands, Singapore, and the United States. Cook Islands accounted for 60.0% of exports, Singapore for 18.2%, and the United States for 16.3%. Together, these three countries represented 94.5% of total export flows.

Structure of product's exports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Australia and New Zealand in kind, 2018-2021

Source: SHEV.io

Exports in value, K $ US

Following a two-year decline, exports of lard stearin, lard oil, oleostearin, oleo-oil, and tallow oil from Australia and New Zealand showed an uptick. In 2021, export value stood at 66.0 thousand US dollars, up by 4.9% from the previous year. However, over the 2018 to 2021 period, exports decreased by 63.5%, with an average annual decline of 28.5%. The lowest value was recorded in 2020 at 62.9 thousand US dollars, which also saw the largest drop of 57.3%.

Annual dynamics of product's exports from Australia and New Zealand in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	(18.4%)	(57.3%)	4.9%	(28.5%)

Source: SHEV.io

Between 2018 and 2021, Singapore, Cook Islands, and the United States were the primary destinations for exports in value terms of lard stearin, lard oil, oleostearin, oleo-oil, and tallow oil from Australia and New Zealand. Singapore led with 69.1% of exports, followed by Cook Islands at 8.7%, and the United States at 7.6%. Collectively, these three markets accounted for 85.4% of total export value.

Structure of product's exports in value by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Australia and New Zealand in value, 2018-2021

Source: SHEV.io

Imports lard stearin, lard oil, oleostearin, oleo-oil and tallow oil to Australia and New Zealand

Imports in kind, t

Cross-border shipments of lard stearin, lard oil, oleostearin, oleo-oil, and tallow oil to Australia and New Zealand increased for the third consecutive year. In 2021, imports totaled 245.5 tonnes, representing a 26.4% gain over the past year. Over the 2018 to 2021 period, imports surged by 245 377.2%, with a compound annual growth rate of 1 249.0%.

Annual dynamics of product's imports to Australia and New Zealand in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	54 995.0%	252.4%	26.4%	1 249.0%

Source: SHEV.io

Structure of product's imports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Australia and New Zealand in kind, 2018-2021

Source: SHEV.io

Imports in value, K $ US

Australia and New Zealand's import volume of lard stearin, lard oil, oleostearin, oleo-oil, and tallow oil rose for the third year in a row. In 2021, imports reached 397.7 thousand US dollars, indicating a solid increase of 20.9% compared to 2020. From 2018 to 2021, imports grew by 70 742.4%, with a compound annual growth rate of 791.5%.

Annual dynamics of product's imports to Australia and New Zealand in value, 2018-2021, K $ US