"Northern America" region includes following countries:
Earlier Report Observations
The North American tallow market expanded from 3 885 thousand tons in 2018 to 4 056 thousand tons in 2021. This growth was initially tempered in 2020 by COVID-19 shutdowns in the foodservice sector and associated logistical disruptions. However, the market strengthened in 2021 as soaring import and export prices reflected heightened demand, and the United States significantly increased tallow imports to support its expanding renewable fuel production capacity.
Market volume then stabilized around 3 980–4 000 thousand tons between 2022 and 2023. During this period, tallow consumption in the United States reached a peak, accounting for a large share of global volume, driven substantially by its adoption in biofuel applications. Sustained demand from the biofuel industry and ongoing investments in rendering technology supported the market despite a slight dip in global production.
Entering 2024, the market adjusted to global supply chain conditions, with prices correcting from earlier highs but remaining firm due to continued industrial demand for tallow in renewable fuel and other sustainable applications.
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 kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 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 Northern America
- 5.1.1. Annual dynamics of production in Northern America in kind, 2018-2023, K t
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Northern America
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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, K t
- 6.1.2.1. Annual dynamics of product's imports to Bermuda in kind, 2018-2024, K t
- 6.1.2.2. Dynamics of product's imports in kind to Bermuda by countries, 2018-2024, K 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, M $ US
- 6.1.3.1. Annual dynamics of product's imports to Bermuda in value, 2018-2024, M $ US
- 6.1.3.2. Dynamics of product's imports in value to Bermuda by countries, 2018-2024, M $ 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/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Bermuda, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Bermuda by countries, 2018-2024, $ US/kg
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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, K t
- 6.2.2.1. Annual dynamics of product's imports to Bermuda in kind, 2018-2024, K t
- 6.2.2.2. Dynamics of product's imports in kind to Bermuda by countries, 2018-2024, K 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, M $ US
- 6.2.3.1. Annual dynamics of product's imports to Bermuda in value, 2018-2024, M $ US
- 6.2.3.2. Dynamics of product's imports in value to Bermuda by countries, 2018-2024, M $ 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/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Bermuda, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Bermuda by countries, 2018-2024, $ US/kg
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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, K t
- 7.1.2.1. Annual dynamics of product's exports from Bermuda in kind, 2018-2024, K t
- 7.1.2.2. Dynamics of product's exports in kind from Bermuda by countries, 2018-2024, K 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, M $ US
- 7.1.3.1. Annual dynamics of product's exports from Bermuda in value, 2018-2024, M $ US
- 7.1.3.2. Dynamics of product's exports in value from Bermuda by countries, 2018-2024, M $ 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/kg
- 7.1.4.1. Annual dynamics of average price of product's exports from Bermuda, 2018-2024, $ US/kg
- 7.1.4.2. Dynamics of average price of product's exports from Bermuda by countries, 2018-2024, $ US/kg
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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, K t
- 7.2.2.1. Annual dynamics of product's exports from Bermuda in kind, 2018-2024, K t
- 7.2.2.2. Dynamics of product's exports in kind from Bermuda by countries, 2018-2024, K 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, M $ US
- 7.2.3.1. Annual dynamics of product's exports from Bermuda in value, 2018-2024, M $ US
- 7.2.3.2. Dynamics of product's exports in value from Bermuda by countries, 2018-2024, M $ 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/kg
- 7.2.4.1. Annual dynamics of average price of product's exports from Bermuda, 2018-2024, $ US/kg
- 7.2.4.2. Dynamics of average price of product's exports from Bermuda by countries, 2018-2024, $ US/kg
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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, K t
- 8.1.2. In value, M $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, K t
- 8.2.2. In value, M $ 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 tallow in Northern America
In kind, 2017-2020, K t
Top producers of tallow, 2017-2020
World map of production of tallow, 2017-2020
Northern America's tallow production has increased for the second consecutive year. In 2020, the region produced 4 195 K t of tallow, marking a 2.0% improvement over the previous year. The lowest production volume was recorded in 2018 at 4 009 K t, which also saw the largest decline of 6.2%. The most significant increase occurred in 2019 with a 2.5% rise.
Annual dynamics of production in Northern America in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (6.2%) | 2.5% | 2.0% | (0.6%) |
In value, 2017-2020, M $ US
After two years of decline, tallow production in Northern America has rebounded. In 2020, the output was valued at 3 379 M $ US, representing a 15.1% increase from the previous year. From 2017 to 2020, production grew by 2.1%, with a compound annual growth rate of 0.7%. The lowest value was recorded in 2019 at 2 935 M $ US, while the largest decline of 9.2% occurred in 2018.
Annual dynamics of production in Northern America in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (9.2%) | (2.3%) | 15.1% | 0.7% |
Exports tallow from Northern America
Exports in kind, K t
Tallow exports from Northern America have risen for the third year in a row. In 2020, the region exported 224.6 K t of tallow, a 4.7% increase from the previous year. Between 2017 and 2020, exports surged by 62.6%, with a compound annual growth rate of 17.6%.
Annual dynamics of product's exports from Northern America in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 16.1% | 33.7% | 4.7% | 17.6% |
From 2017 to 2020, the three largest markets for tallow exports in kind were Singapore, Japan, and South Korea, collectively accounting for 19.6% of total export flows.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Northern America in kind, 2017-2020
Exports in value, M $ US
Tallow exports from Northern America have grown for the third consecutive year. In 2020, exports reached 180.9 M $ US, an 18.2% increase compared to the previous year. Over the period from 2017 to 2020, exports expanded by 69.2%, with a compound annual growth rate of 19.2%.
Annual dynamics of product's exports from Northern America in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 12.4% | 27.3% | 18.2% | 19.2% |
Between 2017 and 2020, the core markets for tallow exports in value terms were Singapore, accounting for 9.8% of exports, Japan at 7.6%, and Guatemala at 0.6%. Together, these three markets represented 18.0% of total export flows.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Northern America in value, 2017-2020
Imports tallow to Northern America
Imports in kind, K t
In 2020, tallow imports into Northern America amounted to 47.7 K t, a 50.1% increase from 2019. From 2017 to 2020, imports grew by 76.4%, equivalent to an annualized rate of 20.8%. The largest decline was recorded in 2019 at 11.9%.
Annual dynamics of product's imports to Northern America in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 33.4% | (11.9%) | 50.1% | 20.8% |
From 2017 to 2020, New Zealand was the dominant supplier of tallow to Northern America, holding a 0.7% share of total imports in kind.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Northern America in kind, 2017-2020
Imports in value, M $ US
In 2020, tallow imports into Northern America totaled 38.7 M $ US, a 66.5% increase from the previous year. Over the period from 2017 to 2020, imports rose by 75.3%, with a compound annual growth rate of 20.6%. The largest decline occurred in 2019 at 18.6%.
Annual dynamics of product's imports to Northern America in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 29.2% | (18.6%) | 66.5% | 20.6% |
Between 2017 and 2020, New Zealand was the primary source for tallow imports in value terms to Northern America, accounting for 1.3% of total import flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Northern America in value, 2017-2020
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