Tallow Market Overview in Switzerland
In value terms, tallow production totaled $••• in 2017 estimated in export prices. In general, tallow production continues to indicate prominent growth. The most prominent rate of growth was recorded in 2016 when production volume increased by •••% against the previous year. Over the period under review, tallow production reached its maximum level at $••• in 2012; however, from 2013 to 2017, production stood at a somewhat lower figure.
The revenue of the tallow market in Switzerland amounted to $••• in 2017, going up 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). Over the period under review, tallow consumption, however, continues to indicate a mild descent. The pace of growth appeared the most rapid in 2011 with an increase of •••% year-to-year. In that year, the tallow market reached its peak level of $•••. From 2012 to 2017, the growth of the tallow market remained at a somewhat lower figure.