Market movement
In 2024, lard stearin, lard oil, oleostearin, oleo-oil and tallow oil: not emulsified or mixed or otherwise prepared trade exhibited strong growth, with global flows reaching $258,654,723 and a three-year compound annual growth rate of +56.5% (five-year: +38.8%). The all-time peak of $258,654,723 was recorded in 2024.
Over the 30-year observation window (1995–2024), 55% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is strengthening (+46.0% acceleration).
The World Trade Flows Characterization classifies lard stearin, lard oil, oleostearin, oleo-oil and tallow oil: not emulsified or mixed or otherwise prepared as "One-way trade" in the medium price range price segment, providing additional context for market positioning and competitive dynamics.
