Market research

Tallow market in Peru

Tallow market in Peru

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

Report language:
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Earlier Report Observations

The tallow market in Peru saw moderate overall growth from 2018 to 2023, with total volume rising from 7 449 tons to 7 928 tons. This 6.4% expansion followed a volatile path, marked by a significant contraction in 2020 before a steady recovery took hold.

After a slight dip in 2019, the market volume fell to 6 984 tons in 2020. A consistent upward trend began in 2021, accelerating to a 5.8% annual increase by 2023. The recovery was supported by rebounding domestic production, which climbed from 6 660 tons to 7 163 tons over the period, and a substantial rise in imports, which more than doubled between 2020 and 2023.

Table of content

  1. 1. Disclaimer
  2. 2. Terms of use of the report
  3. 3. Product codes in the statistical classifications used in the report
  4. 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. 5. Production
    1. 5.1. Production in Peru
      1. 5.1.1. Annual dynamics of production in Peru in kind, 2018-2023, t
      2. 5.1.2. Annual dynamics of production in Peru 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. 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 Peru in kind, 2018-2024, t
        2. 6.1.2.2. Dynamics of product's imports in kind to Peru 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 Peru in value, 2018-2024, K $ US
        2. 6.1.3.2. Dynamics of product's imports in value to Peru 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 Peru, 2018-2024, $ US/t
        2. 6.1.4.2. Dynamics of average price of product's imports to Peru 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 Peru in kind, 2018-2024, t
        2. 6.2.2.2. Dynamics of product's imports in kind to Peru 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 Peru in value, 2018-2024, K $ US
        2. 6.2.3.2. Dynamics of product's imports in value to Peru 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 Peru, 2018-2024, $ US/t
        2. 6.2.4.2. Dynamics of average price of product's imports to Peru by countries, 2018-2024, $ US/t
  7. 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 Peru in kind, 2018-2024, t
        2. 7.1.2.2. Dynamics of product's exports in kind from Peru 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 Peru in value, 2018-2024, K $ US
        2. 7.1.3.2. Dynamics of product's exports in value from Peru 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 Peru, 2018-2024, $ US/t
        2. 7.1.4.2. Dynamics of average price of product's exports from Peru 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 Peru in kind, 2018-2024, t
        2. 7.2.2.2. Dynamics of product's exports in kind from Peru 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 Peru in value, 2018-2024, K $ US
        2. 7.2.3.2. Dynamics of product's exports in value from Peru 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 Peru, 2018-2024, $ US/t
        2. 7.2.4.2. Dynamics of average price of product's exports from Peru by countries, 2018-2024, $ US/t
  8. 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. 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 Peru

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

Peru's tallow production saw a two-year increase before declining. In 2019, production peaked at 6,980 tonnes, marking a 1.6% rise from the previous year. However, by 2020, output had fallen to 6,660 tonnes, representing a controlled decline of 4.6% compared to 2019. Over the period from 2017 to 2020, overall production decreased by 2.7%, which translates to an average annual decline of 0.9%.

Annual dynamics of production in Peru in kind, 2017-2020, t

Parameter201820192020CAGR
1Change from last year0.4%1.6%(4.6%)(0.9%)
Source: SHEV.io

Exports tallow from Peru

According to market research, Peru did not export any tallow between 2017 and 2020.

Imports tallow to Peru

Imports in kind, t

Tallow imports into Peru declined for the second year in a row. In 2018, imports reached their highest point at 576.9 tonnes, reflecting a significant increase of 44.9% from the previous year. By 2020, imports had dropped to 324.4 tonnes, which is 25.5% lower than in 2019. From 2017 to 2020, total imports fell by 18.5%, with a compound annual growth rate of -6.6%.

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

Parameter201820192020CAGR
1Change from last year44.9%(24.5%)(25.5%)(6.6%)
Source: SHEV.io

From 2017 to 2020, the import market for tallow in Peru was highly concentrated, with Uruguay accounting for 91.2% of all imports by volume.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

The value of tallow imports into Peru decreased for the second consecutive year. In 2018, imports peaked at 591.4 thousand US dollars, showing a sharp rise of 46.9% from the previous year. By 2020, the import value had fallen to 392.3 thousand US dollars, a 27.1% drop compared to 2019. Between 2017 and 2020, total import value declined by 2.6%, averaging an annual decrease of 0.9%.

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

Parameter201820192020CAGR
1Change from last year46.9%(9.0%)(27.1%)(0.9%)
Source: SHEV.io

Between 2017 and 2020, Uruguay was the dominant supplier of tallow to Peru, representing 93.9% of total imports in monetary terms.

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

Source: SHEV.io

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

Source: SHEV.io

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