Market research

Lard stearin, lard oil, oleostearin, oleo-oil and tallow oil market in 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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Earlier Report Observations

From 2018 to 2023, the market volume for lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in New Zealand showed considerable volatility. After rising to 10 439 t in 2019, volume fell by 29% to 7 411 t in 2020, then recovered to 9 539 t in 2021.

The market contracted again in the following years, declining to 8 907 t in 2022 and then dropping sharply by 34% to 5 837 t in 2023. In value terms, the market followed a similar pattern, reaching a peak of $22.5 million in 2022 before falling to $15.1 million in 2023.

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. 4.1.2. In value
    1. 4.1.2.1. Production, 2018-2023
    2. 4.1.2.2. Imports, 2018-2025
    3. 4.1.2.3. Exports, 2018-2025
    4. 4.1.2.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in New Zealand
  1. 5.1.1. Annual dynamics of production in New Zealand in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in New Zealand in value, 2018-2023, $ US
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 New Zealand in kind, 2018-2025, t
    2. 6.1.2.2. Dynamics of product's exports in kind from New Zealand 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 New Zealand in value, 2018-2025, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from New Zealand 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/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from New Zealand, 2018-2025, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from New Zealand by countries, 2018-2025, $ US/t
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 New Zealand in kind, 2018-2025, t
    2. 6.2.2.2. Dynamics of product's exports in kind from New Zealand 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 New Zealand in value, 2018-2025, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from New Zealand 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/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from New Zealand, 2018-2025, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from New Zealand by countries, 2018-2025, $ US/t
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 New Zealand in kind, 2018-2025, t
    2. 7.1.2.2. Dynamics of product's imports in kind to New Zealand 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 New Zealand in value, 2018-2025, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to New Zealand 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/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to New Zealand, 2018-2025, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to New Zealand by countries, 2018-2025, $ US/t
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 New Zealand in kind, 2018-2025, t
    2. 7.2.2.2. Dynamics of product's imports in kind to New Zealand 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 New Zealand in value, 2018-2025, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to New Zealand 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/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to New Zealand, 2018-2025, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to New Zealand by countries, 2018-2025, $ US/t
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 New Zealand

In kind, 2018-2021, t

From 2018 to 2021, New Zealand ranked as the world's 5th largest producer of lard stearin, lard oil, oleostearin, oleo-oil, and tallow oil.

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

In 2021, New Zealand produced 9,280 tonnes of lard stearin, lard oil, oleostearin, oleo-oil, and tallow oil, marking a 30.4% increase from the previous year. Production reached its highest level in 2019 at 10,360 tonnes, then dropped to its lowest point in 2020 at 7,117 tonnes, representing a significant decline of 31.3% that year.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	9.6%	(31.3%)	30.4%	(0.6%)

Source: SHEV.io

In value, 2018-2021, K $ US

The value of lard stearin, lard oil, oleostearin, oleo-oil, and tallow oil production in New Zealand reached 20,273 thousand US dollars in 2021, showing a sharp rise of 51.7% compared to 2020. Over the 2018-2021 period, production value grew by 6.8%, with an average annual growth rate of 2.2%. The lowest value was recorded in 2020 at 13,368 thousand US dollars, which was a 33.4% decrease from the previous year.

Annual dynamics of production in New Zealand in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	5.7%	(33.4%)	51.7%	2.2%

Source: SHEV.io

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

Exports in kind, t

Export volumes of lard stearin, lard oil, oleostearin, oleo-oil, and tallow oil from New Zealand showed notable fluctuations between 2018 and 2021. The lowest point occurred in 2019 at 3.3 tonnes, representing a 27.4% decline, while exports surged by 79.5% in 2020. By 2021, exports reached 6.6 tonnes, a 10.7% increase from the previous year, with the difference between the 2019 minimum and 2021 maximum being two-fold.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(27.4%)	79.5%	10.7%	13.0%

Source: SHEV.io

From 2018 to 2021, Cook Islands accounted for 94.3% of New Zealand's total exports of lard stearin, lard oil, oleostearin, oleo-oil, and tallow oil, making them the nearly exclusive destination for these products.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

The value of New Zealand's exports of lard stearin, lard oil, oleostearin, oleo-oil, and tallow oil experienced significant volatility during the 2018-2021 period. The lowest value was recorded in 2019 at 6.4 thousand US dollars, reflecting a 30.0% decrease, while exports jumped by 74.1% in 2020. By 2021, export value reached 14.4 thousand US dollars, up 28.8% year-over-year, with the peak in 2021 being 2.2 times higher than the trough in 2019.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(30.0%)	74.1%	28.8%	16.2%

Source: SHEV.io

Between 2018 and 2021, Cook Islands purchased 96.2% of the total value of New Zealand's exports of lard stearin, lard oil, oleostearin, oleo-oil, and tallow oil, establishing them as the dominant market for these products.

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

Source: SHEV.io

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

Source: SHEV.io

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

Imports in kind, t

New Zealand's imports of lard stearin, lard oil, oleostearin, oleo-oil, and tallow oil showed dramatic changes from 2018 to 2021. Imports started at their lowest point in 2018, then skyrocketed by 82,556.0% in 2019 to reach a peak of 300.1 tonnes in 2020. By 2021, imports settled at 265.4 tonnes, an 11.6% decrease from the previous year, with the 2020 peak being 3,001 times higher than the 2018 trough.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	82 556.0%	263.1%	(11.6%)	1 284.6%

Source: SHEV.io

From 2018 to 2021, Australia supplied 100.0% of New Zealand's imports of lard stearin, lard oil, oleostearin, oleo-oil, and tallow oil by volume, creating complete dependence on this single source.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

New Zealand's imports of lard stearin, lard oil, oleostearin, oleo-oil, and tallow oil grew for the third consecutive year in 2021, reaching 397.7 thousand US dollars, a solid 20.9% increase from the previous year. Over the 2018-2021 period, import value surged by 70,742.4%, with an average annual growth rate of 791.5%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	15 794.4%	268.6%	20.9%	791.5%

Source: SHEV.io

Between 2018 and 2021, Australia accounted for 99.9% of the total value of New Zealand's imports of lard stearin, lard oil, oleostearin, oleo-oil, and tallow oil, making it overwhelmingly dominant in this market.

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

Source: SHEV.io

World map of product's imports to New Zealand in value, 2018-2021

Source: SHEV.io