Get the latest insights on price movement and trend analysis of Tallow in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Why did the Tallow Oil Price Change in July 2025? In April 2025, the Tallow Oil Price Index in the USA registered a notable rise, supported by strong domestic demand from soap, oleochemical, and lubricant manufacturers, alongside tightening global supply conditions.

The average tallow import price stood at $1,133 per ton in May 2025, rising by 4.7% against the previous month.

Graph and download economic data for Producer Price Index by Commodity: Chemicals and Allied Products: Lard, Inedible Tallow, and Grease, Except Wool Grease (WPU06410132) from Jun 2002 to Aug 2025 about fat, chemicals, commodities, PPI, inflation, price index, indexes, price, and USA.

Why did the Tallow Fatty Acid Price Change in July 2025? The APAC Tallow Fatty Acid Price Index fell 2% in Q2 2025 from Q1, at the quarterly average of USD 1480/MT, FOB Shanghai, due to sustained weakness in personal care demand as well as sustained oversupply in regional markets.

Graph and download economic data for Producer Price Index by Industry: Rendering and Meat Byproduct Processing: Lard, Inedible Tallow, and Other Greases, Excluding Wool Grease (PCU3116133116132) from Jan 1967 to Aug 2025 about wool, fat, meat, processed, PPI, industry, inflation, price index, indexes, price, and USA.

In 2024, the Asian tallow market was finally on the rise to reach $2.1B for the first time since 2021, thus ending a two-year declining trend. The total consumption indicated noticeable growth from 2012 to 2024: its value increased at an average annual rate of +2.4% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period.

View yearly updates and historical trends for US Producer Price Index: Rendering and Meat Byproduct Processing: Lard, Inedible Tallow, Other Greases, Excl…

United States - Producer Price Index by Commodity: Chemicals and Allied Products: Lard, Inedible Tallow, and Grease, Except Wool Grease was 485.45600 Index Jun 2002=100 in July of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Chemicals and Allied Products: Lard, Inedible Tallow, and Grease, Except Wool Grease reached a record high of 659.16100 in June of 2022 and a record low of 100.00000 in June of 2002. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Chemicals and Allied Products: Lard, Inedible Tallow, and Grease, Except Wool Grease - last updated from the United States Federal Reserve on August of 2025.

The global beef tallow market is experiencing robust growth, driven by increasing demand from diverse sectors. While precise figures for market size and CAGR are unavailable, a reasonable estimation can be made based on industry trends. Considering the rising popularity of biofuels and the sustained demand for beef tallow in the food and soap industries, we can project a market size of approximately $1.5 billion in 2025. A conservative Compound Annual Growth Rate (CAGR) of 5% over the forecast period (2025-2033) seems plausible, given consistent demand and potential expansions into new applications like lubricants and cosmetics. Key drivers include increasing global meat production (fuelling tallow supply), growing adoption of renewable energy sources favoring biofuels, and the continued use of tallow in traditional applications like soap manufacturing. However, fluctuating beef prices and potential regulatory changes concerning biofuel production could act as market restraints. Segmentation analysis would likely reveal significant differences in consumption patterns across regions, with North America and Europe holding substantial market share due to established meat processing industries and high demand for tallow-based products. Competitive dynamics are marked by a mixture of large established companies, like those mentioned (Indian Feeds Company, New Light Oil Traders etc.), and smaller regional players, often specializing in particular applications or geographic areas. The market's future growth trajectory depends on several factors. Sustained growth in the meat industry is paramount, guaranteeing a steady supply of tallow. Government policies supporting biofuel development will greatly influence demand, as will technological advancements expanding tallow’s utility in new applications. Further market segmentation analysis, including insights into the specific applications (e.g., food, soap, biofuels, etc.), would provide a more granular understanding of growth drivers and market dynamics within each segment. A comprehensive understanding of regional variations in demand and supply is also crucial for developing effective market strategies. Finally, monitoring pricing trends for both beef and competing raw materials for similar applications will be vital for accurate future forecasting.

Graph and download economic data for Wholesale Price of Inedible Tallow, Packers' Prime for Chicago, IL (M04119US16980M267NNBR) from Jan 1918 to Dec 1957 about fat, prime, Chicago, wholesale, IL, price, and USA.

During Q1 2025, Tallow Oil prices in the U.S. experienced fluctuating trends influenced by supply chain dynamics, import costs, and changing demand. January saw a modest price increase as importers rushed to secure shipments amid anticipated challenges, such as rising energy costs and disruptions in transportation. Tight supply chains, compounded by weather-related delays and logistical constraints, put upward pressure on prices. Additionally, uncertainty in the global market contributed to heightened procurement activity.

After five years of growth, the U.S. tallow market decreased by -10.3% to $4.7B in 2024. Over the period under review, the total consumption indicated notable growth from 2012 to 2024: its value increased at an average annual rate of +3.8% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption increased by +70.6% against 2018 indices.

In 2024, the Chinese tallow market decreased by -5.8% to $346M, falling for the third consecutive year after three years of growth. In general, consumption continues to indicate a abrupt slump. Tallow consumption peaked at $658M in 2012; however, from 2013 to 2024, consumption stood at a somewhat lower figure.

United States - Producer Price Index by Industry: Rendering and Meat Byproduct Processing: Lard, Inedible Tallow, and Other Greases, Excluding Wool Grease was 405.49000 Index Dec 1982=100 in July of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Rendering and Meat Byproduct Processing: Lard, Inedible Tallow, and Other Greases, Excluding Wool Grease reached a record high of 553.07500 in November of 2022 and a record low of 32.10000 in July of 1968. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Rendering and Meat Byproduct Processing: Lard, Inedible Tallow, and Other Greases, Excluding Wool Grease - last updated from the United States Federal Reserve on September of 2025.

In Q1 2025, the pricing of Tallow Fatty Acids in the North American region, particularly the USA faced considerable declines. This downturn was primarily driven by decreasing raw material prices, alongside ongoing economic uncertainties that affected consumer demand for personal care items. The month of January started with a bearish trend influenced by high stock levels and diminished demand, putting downward pressure on Tallow Fatty Acid prices. Furthermore, the steady demand from the personal care sector sent mixed signals regarding potential price stabilization.

1685 Global export shipment records of Tallow with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

Tallow imports into Russia declined sharply to 3.7K tons in 2023, dropping by -29.2% against the year before.

7920 Global export shipment records of Buffalo Tallow with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

The average tallow export price stood at $1,129 per ton in April 2025, surging by 5.5% against the previous month.