Market research

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

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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"South America" region includes following countries:

Argentina

Bolivia

Bouvet Island

Brazil

Chile

Colombia

Ecuador

Falkland Islands (Malvinas)

South Georgia and the South Sandwich Islands

French Guiana

Guyana

Paraguay

Peru

Suriname

Uruguay

Venezuela

Earlier Report Observations

The market volume for lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in South America underwent significant shifts between 2018 and 2023. The period opened with a market size of 715.9 tonnes, which was followed by a substantial contraction the next year.

A sustained recovery phase then began, elevating the market volume to a high of 832.6 tonnes by 2022. This upward trend reversed in 2023, with the market settling at 707.2 tonnes, a figure that remained above the lows seen earlier in the review period.

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 South America
  1. 5.1.1. Annual dynamics of production in South America 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 Argentina in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Argentina 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 Argentina in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Argentina 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/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Argentina, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Argentina by countries, 2018-2024, $ US/t
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 Argentina in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Argentina 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 Argentina in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Argentina 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/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Argentina, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Argentina by countries, 2018-2024, $ US/t
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 Argentina in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Argentina 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 Argentina in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Argentina 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/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Argentina, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Argentina by countries, 2018-2024, $ US/t
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 Argentina in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Argentina 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 Argentina in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Argentina 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/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Argentina, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Argentina by countries, 2018-2024, $ 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, 2018-2024
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 South America

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

South America's production of lard stearin, lard oil, oleostearin, oleo-oil, and tallow oil has grown for the third year in a row. In 2020, the region produced 504.4 tons, marking a 4.8% increase from 2019. Looking at the period from 2017 to 2020, production rose by 15.3%, which translates to an average annual growth rate of 4.9%.

Annual dynamics of production in South America in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	7.8%	2.0%	4.8%	4.9%

Source: SHEV.io

In value, 2017-2020, K $ US

The value of South America's production of lard stearin, lard oil, oleostearin, oleo-oil, and tallow oil has also increased for the third consecutive year. In 2020, output was valued at 854.7 thousand US dollars, up 10.0% from 2019. Between 2017 and 2020, production value grew by 40.9%, averaging a 12.1% annual increase.

Annual dynamics of production in South America in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	8.6%	17.9%	10.0%	12.1%

Source: SHEV.io

Exports lard stearin, lard oil, oleostearin, oleo-oil and tallow oil from South America

Exports in kind, t

Export volumes showed significant volatility during this period. In 2018, exports hit their lowest point at 0.0 tons, while 2019 saw the peak at 232.8 tons, representing a 32 519 161.5% surge from the previous year. In 2020, South America exported 139.4 tons, a 40.1% drop from 2019. The largest decline occurred in 2018, with a 100.0% decrease.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(100.0%)	32 519 161.5%	(40.1%)	8.6%

Source: SHEV.io

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

Export values experienced notable fluctuations. The minimum was recorded in 2018 at 0.0 thousand US dollars, and the maximum in 2019 at 375.7 thousand US dollars, reflecting a 37 567 297.0% increase. In 2020, exports totaled 236.3 thousand US dollars, down 37.1% from 2019. The sharpest decline was in 2018, with a 100.0% fall.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(100.0%)	37 567 297.0%	(37.1%)	16.1%

Source: SHEV.io

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

Source: SHEV.io

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

Source: SHEV.io

Imports lard stearin, lard oil, oleostearin, oleo-oil and tallow oil to South America

Imports in kind, t

Import volumes were volatile over these years. The lowest point was in 2017, while 2019 saw the highest at 261.2 tons, resulting in a 2.3-fold difference between the peak and trough. In 2020, South America imported about 156.0 tons, a sharp 40.3% decrease from 2019. The largest increase was in 2018, with a 112.9% rise.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	112.9%	7.0%	(40.3%)	10.8%

Source: SHEV.io

From 2017 to 2020, the United States remained the top source for imports of lard stearin, lard oil, oleostearin, oleo-oil, and tallow oil into South America, accounting for 2.4% of total import volumes.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

Import values displayed an unstable trend. The minimum occurred in 2017, and the maximum in 2019 at 437.9 thousand US dollars, showing a 2.7-fold variation. In 2020, imports were valued at 273.2 thousand US dollars, a dramatic 37.6% decrease year-over-year. The largest increase was in 2018, with a 117.3% jump.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	117.3%	24.8%	(37.6%)	19.2%

Source: SHEV.io

During 2017–2020, the United States was the leading market for imports of lard stearin, lard oil, oleostearin, oleo-oil, and tallow oil into South America, making up 7.1% of total import value.

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

Source: SHEV.io

World map of product's imports to South America in value, 2017-2020

Source: SHEV.io