Market research

Tallow market in Hong Kong

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The tallow market in Hong Kong showed considerable volatility from 2018 to 2023. Market volume began at 247 tons in 2018, then contracted to 217 tons in 2019 and stabilized near that level in 2020. A pronounced downturn occurred in 2021, shrinking the market to 147 tons, before a strong recovery to 206 tons in 2022. The following year concluded the period with a slight reduction to 196 tons in 2023.

In 2024, the market environment was influenced by regulatory developments and international trends. Revisions to Hong Kong's Food Preservatives Regulation and the Metal Impurities Content Regulation progressed, setting updated safety standards for additives and contaminants that directly affect tallow used in food products. Simultaneously, global factors such as rising tallow prices and increased demand for tallow in skincare formulations impacted supply chains and cost structures relevant to the trade-oriented Hong Kong market.

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 Hong Kong
  1. 5.1.1. Annual dynamics of production in Hong Kong in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Hong Kong 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. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, kg
    1. 6.1.2.1. Annual dynamics of product's imports to Hong Kong in kind, 2018-2024, kg
    2. 6.1.2.2. Dynamics of product's imports in kind to Hong Kong by countries, 2018-2024, kg
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Hong Kong in value, 2018-2024, $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Hong Kong by countries, 2018-2024, $ 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 Hong Kong, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Hong Kong 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, kg
    1. 6.2.2.1. Annual dynamics of product's imports to Hong Kong in kind, 2018-2024, kg
    2. 6.2.2.2. Dynamics of product's imports in kind to Hong Kong by countries, 2018-2024, kg
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Hong Kong in value, 2018-2024, $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Hong Kong by countries, 2018-2024, $ 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 Hong Kong, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Hong Kong 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, kg
    1. 7.1.2.1. Annual dynamics of product's exports from Hong Kong in kind, 2018-2024, kg
    2. 7.1.2.2. Dynamics of product's exports in kind from Hong Kong by countries, 2018-2024, kg
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Hong Kong in value, 2018-2024, $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Hong Kong by countries, 2018-2024, $ 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 Hong Kong, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Hong Kong 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, kg
    1. 7.2.2.1. Annual dynamics of product's exports from Hong Kong in kind, 2018-2024, kg
    2. 7.2.2.2. Dynamics of product's exports in kind from Hong Kong by countries, 2018-2024, kg
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Hong Kong in value, 2018-2024, $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Hong Kong by countries, 2018-2024, $ 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 Hong Kong, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Hong Kong by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, kg
  2. 8.1.2. In value, $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, kg
  2. 8.2.2. In value, $ 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 tallow in Hong Kong

In kind, 2017-2020, t

Top producers of tallow, 2017-2020

Source: SHEV.io

World map of production of tallow, 2017-2020

Source: SHEV.io

In 2018, tallow production in Hong Kong reached its peak at 218.1 tonnes. The following year, in 2019, it saw its largest decline of 0.6%. By 2020, production was nearly unchanged from the previous year, totaling 217.5 tonnes, which was a 1.0% increase from the 2018 level.

Annual dynamics of production in Hong Kong in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	1.0%	(0.6%)	0.3%	0.2%

Source: SHEV.io

Exports tallow from Hong Kong

Industry analysis indicates that Hong Kong did not export any tallow between 2017 and 2020.

Imports tallow to Hong Kong

Imports in kind, kg

Annual dynamics of product's imports to Hong Kong in kind, 2017-2020, kg

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

From 2017 to 2020, all tallow imports to Hong Kong, in volume terms, came from Paraguay, accounting for 100.0% of the total.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, $ US

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

During the 2017–2020 period, Paraguay was the sole supplier of tallow to Hong Kong in value terms, capturing 100.0% 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 Hong Kong in value, 2017-2020

Source: SHEV.io

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