Tallow Market Overview in Austria
In value terms, tallow production reduced to $ in 2018 estimated in export prices. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by % against the previous year. As a result, production attained the peak level of $. From 2015 to 2018, production growth remained at a somewhat lower figure.
The revenue of the tallow market in Austria reduced notably to $ in 2018, which is down by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, recorded a moderate expansion. The most prominent rate of growth was recorded in 2009 when the market value increased by % year-to-year. Tallow consumption peaked at $ in 2011; however, from 2012 to 2018, consumption stood at a somewhat lower figure.