Market research

Tallow market in Asia

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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"Asia" region includes following countries:

China

Hong Kong

Japan

North Korea

South Korea

Macao

Mongolia

Afghanistan

Bangladesh

Bhutan

Sri Lanka

India

Iran

Maldives

Nepal

Pakistan

Brunei Darussalam

Myanmar

Cambodia

Indonesia

Laos

Malaysia

the Philippines

Timor-Leste

Singapore

Vietnam

Thailand

Kazakhstan

Kyrgyzstan

Tajikistan

Turkmenistan

Uzbekistan

Azerbaijan

Armenia

Bahrain

Cyprus

Georgia

Palestine

Iraq

Israel

Jordan

Kuwait

Lebanon

Oman

Qatar

Saudi Arabia

Syria

Turkey

the United Arab Emirates

Yemen

Earlier Report Observations

Tallow production in Asia held steady at 267.3 thousand tonnes in 2018 and 267.8 thousand tonnes in 2019 before declining to 219.9 thousand tonnes in 2020. Output then recovered strongly, reaching 330.1 thousand tonnes by 2022. The market volume, recorded from 2020, followed a similar volatile pattern, rising from 362.5 thousand tonnes in 2020 to a peak of 427.8 thousand tonnes in 2021, then falling back to 351.5 thousand tonnes in 2022.

Production expanded further to 339.2 thousand tonnes in 2023, sustained by robust demand for tallow as a biofuel feedstock, driven by the global shift towards renewable energy and supportive policies. The overall market volume, however, saw a slight contraction to 343.9 thousand tonnes that year, primarily due to lower imports. In 2024, import volumes surged to 202.5 thousand tonnes, reflecting intensified demand from Asia's biofuel sector, particularly in China and South Korea, alongside improved trade access after China removed key barriers for Australian meat processors in December 2024.

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, 2020-2024
    3. 4.1.1.3. Exports, 2020-2024
    4. 4.1.1.4. Market size, 2020-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Asia
  1. 5.1.1. Annual dynamics of production in Asia in kind, 2018-2023, K t
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K 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, K 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, K t
    1. 6.1.2.1. Annual dynamics of product's imports to China in kind, 2020-2024, K t
    2. 6.1.2.2. Dynamics of product's imports in kind to China by countries, 2020-2024, K t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2020-2024
  3. 6.1.3. Imports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's imports to China in value, 2020-2024, M $ US
    2. 6.1.3.2. Dynamics of product's imports in value to China by countries, 2020-2024, M $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2020-2024
  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 China, 2020-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to China by countries, 2020-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, K t
    1. 6.2.2.1. Annual dynamics of product's imports to China in kind, 2020-2024, K t
    2. 6.2.2.2. Dynamics of product's imports in kind to China by countries, 2020-2024, K t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2020-2024
  3. 6.2.3. Imports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's imports to China in value, 2020-2024, M $ US
    2. 6.2.3.2. Dynamics of product's imports in value to China by countries, 2020-2024, M $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2020-2024
  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 China, 2020-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to China by countries, 2020-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data*)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, K t
    1. 7.1.2.1. Annual dynamics of product's exports from China in kind, 2020-2024, K t
    2. 7.1.2.2. Dynamics of product's exports in kind from China by countries, 2020-2024, K t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2020-2024
  3. 7.1.3. Exports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's exports from China in value, 2020-2024, M $ US
    2. 7.1.3.2. Dynamics of product's exports in value from China by countries, 2020-2024, M $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2020-2024
  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 China, 2020-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from China by countries, 2020-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, K t
    1. 7.2.2.1. Annual dynamics of product's exports from China in kind, 2020-2024, K t
    2. 7.2.2.2. Dynamics of product's exports in kind from China by countries, 2020-2024, K t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2020-2024
  3. 7.2.3. Exports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's exports from China in value, 2020-2024, M $ US
    2. 7.2.3.2. Dynamics of product's exports in value from China by countries, 2020-2024, M $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2020-2024
  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 China, 2020-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from China by countries, 2020-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K t
  2. 8.1.2. In value, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K t
  2. 8.2.2. In value, M $ US
9. Top buying and selling countries, 2020-2024
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 tallow in Asia

In kind, 2017-2020, K t

Top producers of tallow, 2017-2020

Source: SHEV.io

World map of production of tallow, 2017-2020

Source: SHEV.io

In Asia, tallow production reached 219.9 thousand tons in 2020, marking a significant year-on-year decline of 17.9%. Over the period from 2017 to 2020, production decreased by 18.9%, with a compound annual growth rate of -6.7%. The largest increase occurred in 2019, at 0.2%.

Annual dynamics of production in Asia in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(1.4%)	0.2%	(17.9%)	(6.7%)

Source: SHEV.io

Exports tallow from Asia

Exports in kind, K t

The market exhibited considerable volatility during these years. Exports bottomed out in 2017 and peaked in 2020, with an 844-fold difference between these two years. In 2020, tallow exports from Asia totaled 33.4 thousand tons, reflecting a dramatic rise of 4,799.5% compared to the previous year. The largest decline was recorded in 2019, at 51.2%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	3 429.2%	(51.2%)	4 799.5%	845.1%

Source: SHEV.io

From 2017 to 2020, Russia and Greece remained the key destinations for exports in kind, accounting for 2.5% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, M $ US

After a two-year increase, foreign tallow supplies from Asia declined. In 2020, Asia exported 27.2 million US dollars worth of tallow, representing a 32.2% decline compared to the previous year. The maximum value was recorded in 2019, at 40.1 million US dollars. The largest increase occurred in 2018, at 41.1%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	41.1%	5.7%	(32.2%)	0.4%

Source: SHEV.io

Throughout 2017 to 2020, Russia was the main partner for exports in value terms, with a share of 2.5% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports tallow to Asia

Imports in kind, K t

After a two-year reduction, tallow shipments to Asia from abroad increased. In 2020, Asia imported a total of 176.1 thousand tons of tallow, representing a slight gain of 1.3% compared to the previous year. Over the period from 2017 to 2020, imports decreased by 75.7%, with a compound annual growth rate of -37.6%. The minimum value was recorded in 2019, at 173.9 thousand tons. The largest decline occurred in 2019, at 65.3%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(30.7%)	(65.3%)	1.3%	(37.6%)

Source: SHEV.io

From 2017 to 2020, Australia (44.2% of imports in kind), New Zealand (16.2% of imports in kind), and the United States (6.5% of imports in kind) led the ranking of suppliers of tallow to Asia, with their combined share reaching 66.9% of total imports in kind.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, M $ US

After a two-year drop, cross-border shipments of tallow to Asia increased. In 2020, Asia imported 137.3 million US dollars worth of tallow, representing a slight advance of 0.6% year-on-year. Over the period from 2017 to 2020, imports decreased by 77.4%, with a compound annual growth rate of -39.1%. The minimum value was recorded in 2019, at 136.5 million US dollars. The largest decline occurred in 2019, at 63.3%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(38.9%)	(63.3%)	0.6%	(39.1%)

Source: SHEV.io

From 2017 to 2020, Australia (41.8% of imports in value terms), New Zealand (15.7% of imports in value terms), and the United States (7.7% of imports in value terms) led the structure of imports in value terms, together representing 65.2% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io