Market research

Lard stearin, lard oil, oleostearin, oleo-oil and tallow oil market in Oceania

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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"Oceania" region includes following countries:

Australia

Christmas Island

Cocos (Keeling) Islands

Heard Island and McDonald Islands

New Zealand

Norfolk Island

Solomon Islands

Fiji

New Caledonia

Vanuatu

Papua New Guinea

Kiribati

Guam

Nauru

Northern Mariana Islands

United States Minor Outlying Islands

Micronesia

Marshall Islands

Palau

American Samoa

Cook Islands

French Polynesia

Niue

Pitcairn Islands

Tokelau

Tonga

Tuvalu

Wallis and Futuna Islands

Samoa

Earlier Report Observations

The volume of the lard stearin, lard oil, oleostearin, oleo-oil and tallow oil market in Oceania declined from 41 770 tonnes in 2018 to 38 970 tonnes in 2020, reflecting a reduction of nearly 7% over the two-year period.

A sharp rebound occurred in 2021, with market volume jumping to 42 988 tonnes, an increase of over 10% from the previous year. Following this peak, the market stabilized, edging down to 41 903 tonnes in 2022 and 41 149 tonnes in 2023.

By 2024, broader oil market dynamics in the region were influenced by poor weather conditions affecting agricultural harvests and a shift in consumer preferences towards premium and organic 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, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Oceania
  1. 5.1.1. Annual dynamics of production in Oceania 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. Imports
1. 6.1. Imports (Direct Data*)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Australia in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Australia by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Australia in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Australia by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/kg
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Australia, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's imports to Australia by countries, 2018-2024, $ US/kg
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Australia in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Australia by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Australia in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Australia by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/kg
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Australia, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's imports to Australia by countries, 2018-2024, $ US/kg
7. Exports
1. 7.1. Exports (Direct Data*)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Australia in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Australia by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Australia in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Australia by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/kg
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Australia, 2018-2024, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's exports from Australia by countries, 2018-2024, $ US/kg
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Australia in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Australia by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Australia in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Australia by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/kg
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Australia, 2018-2024, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's exports from Australia by countries, 2018-2024, $ 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, 2018-2024
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 Oceania

In kind, 2017-2020, t

Top producers of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil, 2017-2020

Source: SHEV.io

World map of production of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil, 2017-2020

Source: SHEV.io

Production of lard stearin, lard oil, oleostearin, oleo-oil, and tallow oil in Oceania declined for the second year in a row. In 2020, output reached 38 752 tonnes, marking a 4.4% drop from the previous year. Over the period from 2017 to 2020, production fell by 3.1%, which translates to an average annual decrease of 1.1%. The highest production level was recorded in 2018 at 41 540 tonnes, with the largest year-on-year increase of 3.8% also occurring that year.

Annual dynamics of production in Oceania in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	3.8%	(2.4%)	(4.4%)	(1.1%)

Source: SHEV.io

Exports lard stearin, lard oil, oleostearin, oleo-oil and tallow oil from Oceania

Exports in kind, t

The market exhibited volatility during the observed period. Exports hit their lowest point in 2017 and peaked in 2018, with a 1.7-fold difference between these years. In 2020, shipments of lard stearin, lard oil, oleostearin, oleo-oil, and tallow oil from Oceania to international markets totaled 8.9 tonnes, reflecting an 18.8% increase compared to 2019. The maximum export volume was recorded in 2018 at 11.4 tonnes. The largest decline occurred in 2019, falling by 34.0%, while the most significant increase was in 2018, rising by 73.2%.

Annual dynamics of product's exports from Oceania in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	73.2%	(34.0%)	18.8%	10.7%

Source: SHEV.io

From 2017 to 2020, Singapore and the United States remained the top destinations for exports in kind of lard stearin, lard oil, oleostearin, oleo-oil, and tallow oil from Oceania. Together, these two markets accounted for 17.2% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Oceania in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

The value of lard stearin, lard oil, oleostearin, oleo-oil, and tallow oil exports from Oceania fell for the second consecutive year. In 2020, exports amounted to 62.9 thousand US dollars, showing a sharp decline of 57.3% compared to 2019. Between 2017 and 2020, export value dropped by 64.2%, equivalent to an average annual decrease of 29.0%. The peak was recorded in 2018 at 180.9 thousand US dollars, with the largest year-on-year increase of 2.8% also in 2018.

Annual dynamics of product's exports from Oceania in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	2.8%	(18.4%)	(57.3%)	(29.0%)

Source: SHEV.io

During 2017–2020, Singapore, the United States, and Italy led the export structure in value terms. Singapore accounted for 69.4% of exports, the United States for 5.1%, and Italy for 3.3%. Combined, these three markets represented 77.9% of total export flows.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Oceania in value, 2017-2020

Source: SHEV.io

Imports lard stearin, lard oil, oleostearin, oleo-oil and tallow oil to Oceania

Imports in kind, t

Following a two-year decline, imports of lard stearin, lard oil, oleostearin, oleo-oil, and tallow oil into Oceania increased. In 2020, imports stood at 226.8 tonnes, representing a sharp gain of 29.5% relative to the prior year. Over the period from 2017 to 2020, imports decreased by 10.9%, equating to an average annual decline of 3.8%. The lowest import volume was recorded in 2019 at 175.2 tonnes, with the largest decline of 27.3% also occurring that year.

Annual dynamics of product's imports to Oceania in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(5.4%)	(27.3%)	29.5%	(3.8%)

Source: SHEV.io

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Oceania in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

After a two-year decrease, the value of imported lard stearin, lard oil, oleostearin, oleo-oil, and tallow oil into Oceania rose. In 2020, imports reached 384.4 thousand US dollars, which is 35.1% higher compared to 2019. From 2017 to 2020, import value increased by 8.9%, with a compound annual growth rate of 2.9%. The minimum value was recorded in 2019 at 284.5 thousand US dollars, with the largest decline of 15.6% also in 2019.

Annual dynamics of product's imports to Oceania in value, 2017-2020, K $ US