Earlier Report Observations
The market for lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in Romania showed strong expansion between 2019 and 2024. Overall market size more than tripled, rising from 640 thousand USD to 2.3 million USD, while domestic production grew even more sharply from 394 thousand USD to 2.3 million USD.
This growth was notably accelerated in 2022 by a significant shift in consumer behavior. Preference moved toward lard as a perceived healthier and more thermally stable cooking fat compared to processed vegetable oils. This was supported by nutritionists and chefs promoting lard's benefits, and coincided with a consumer association study highlighting potential health risks from overheated refined sunflower oil, which redirected demand toward animal fat products like lard stearin and tallow oil.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In value
- 4.1.1.1. Production, 2019-2022, 2024
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2019-2022, 2024
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4.1.1. In value
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Romania
- 5.1.1. In kind, 2018-2024, t
- 5.1.2. In value, 2019-2022, 2024, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, t
- 5.2.2. In value, 2018-2024, K $ US
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5.3. Global production by Country, 2018-2023
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5.3.1. Global Production by Country in kind
- 5.3.1.1. Annual dynamics of production by country in kind, 2018-2023, t
- 5.3.1.2. Structure of production by countries in kind, 2018-2023
- 5.3.1.3. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.3.1. Global Production by Country in kind
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5.1. Production in Romania
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Romania in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Romania by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Romania in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Romania by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Romania, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Romania by countries, 2018-2024, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Romania in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Romania by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Romania in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Romania by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Romania, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Romania by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Romania in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Romania by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Romania in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Romania by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's exports from Romania, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Romania by countries, 2018-2024, $ US/t
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Romania in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Romania by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Romania in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Romania by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's exports from Romania, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Romania by countries, 2018-2024, $ US/t
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in Romania
In value, 2017-2020, K $ US
In 2020, Romania's production of lard stearin, lard oil, oleostearin, oleo-oil, and tallow oil was valued at 811.4 thousand US dollars, marking a significant 105.9% increase compared to 2019.
Annual dynamics of production in Romania in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | 105.9% | - |
In kind, 2017-2020, t
From 2017 to 2020, Romania ranked 10th globally in the production of lard stearin, lard oil, oleostearin, oleo-oil, and tallow oil.
Top producers of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil, 2017-2020
World map of production of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil, 2017-2020
Following a two-year decline, production of lard stearin, lard oil, oleostearin, oleo-oil, and tallow oil in Romania rebounded. In 2020, output reached 1,669 tonnes, reflecting a sharp 65.1% gain compared to 2019. However, between 2019 and 2020, production had decreased by 40.1%, equivalent to an annualized rate of 15.7%. The peak was recorded in 2017 at 2,787 tonnes, while the largest decline occurred in 2019 with a 63.1% drop.
Annual dynamics of production in Romania in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (1.7%) | (63.1%) | 65.1% | (15.7%) |
Exports lard stearin, lard oil, oleostearin, oleo-oil and tallow oil from Romania
Exports in kind, t
Romania's exports of lard stearin, lard oil, oleostearin, oleo-oil, and tallow oil declined for the second consecutive year. In 2020, exports amounted to 91.8 tonnes, representing a 24.5% contraction from 2019. Over the period from 2017 to 2020, exports decreased by 37.2%, equating to an annualized rate of 14.4%. The highest level was recorded in 2018 at 151.0 tonnes, which also saw the largest increase of 3.3%.
Annual dynamics of product's exports from Romania in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 3.3% | (19.5%) | (24.5%) | (14.4%) |
From 2017 to 2020, Hungary dominated Romania's exports of lard stearin, lard oil, oleostearin, oleo-oil, and tallow oil in kind, accounting for 99.7% of total flows.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Romania in kind, 2017-2020
Exports in value, K $ US
Romania's exports of lard stearin, lard oil, oleostearin, oleo-oil, and tallow oil in value terms declined for the third consecutive year. In 2020, exports stood at 6.9 thousand US dollars, reflecting a sharp 43.9% decrease from 2019. Between 2017 and 2020, exports fell by 63.5%, equivalent to an annualized rate of 28.5%.
Annual dynamics of product's exports from Romania in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (8.3%) | (29.1%) | (43.9%) | (28.5%) |
Over the period 2017–2020, exports in value terms of lard stearin, lard oil, oleostearin, oleo-oil, and tallow oil from Romania were almost entirely tied to Hungary, which accounted for 96.9% of total flows.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Romania in value, 2017-2020
Imports lard stearin, lard oil, oleostearin, oleo-oil and tallow oil to Romania
Imports in kind, t
After a two-year increase, Romania's imports of lard stearin, lard oil, oleostearin, oleo-oil, and tallow oil in kind declined. In 2020, imports reached 44.6 tonnes, down by 1.0% compared to 2019. From 2017 to 2020, imports grew by 84.5%, with a compound annual growth rate of 22.6%. The peak was recorded in 2019 at 45.0 tonnes, while the largest increase occurred in 2018 with a 38.4% rise.
Annual dynamics of product's imports to Romania in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 38.4% | 34.6% | (1.0%) | 22.6% |
From 2017 to 2020, Austria, Bulgaria, and Hungary were the principal suppliers of lard stearin, lard oil, oleostearin, oleo-oil, and tallow oil to Romania in kind. Austria accounted for 46.4% of imports, Bulgaria for 23.8%, and Hungary for 18.5%, together making up 88.7% of total imports.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Romania in kind, 2017-2020
Imports in value, K $ US
Market performance showed noticeable fluctuations during the period. Import levels varied significantly, with a 3.7-fold difference between the high in 2019 and the low in 2017. In 2020, Romania's imports of lard stearin, lard oil, oleostearin, oleo-oil, and tallow oil in value terms reached 182.5 thousand US dollars, equivalent to a 29.5% fall from the previous year. The maximum value was recorded in 2019 at 258.8 thousand US dollars, while the largest increase occurred in 2018 with a 181.1% rise.
Annual dynamics of product's imports to Romania in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 181.1% | 31.2% | (29.5%) | 37.5% |
From 2017 to 2020, Austria, Belgium, and Hungary were the main markets for Romania's imports of lard stearin, lard oil, oleostearin, oleo-oil, and tallow oil in value terms. Austria accounted for 51.1% of imports, Belgium for 23.9%, and Hungary for 8.2%, together comprising 83.2% of total flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Romania in value, 2017-2020
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