What is the price of tallow fat per kilogram/pound in Lebanon today?
The retail price range for Lebanon tallow fat is between US$ 0.51 and US$ 0.83 per kilogram or between US$ 0.23 and US$ 0.38 per pound(lb). Click here to see today's exact prices of tallow fat in Lebanon
The retail price range in Lebanese Pound for tallow fat is between LBP 7,701.06 and LBP 12,641.36 per kilogram or between LBP 3,492.54 and LBP 5,733.04 per pound(lb) in Beirut and Sidon.
Wholesale prices
In 2024, the approximate wholesale price range for Lebanon tallow fat is between US$ 0.36 and US$ 0.58 per kilogram or between US$ 0.16 and US$ 0.26 per pound(lb).
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Lebanon Tallow Fat Export Prices - Historical, Trends and Prediction
The export price per kilogram of Tallow Fat from Lebanon over the last five years has been relatively stable. In 2017, the price was 0.05 US$ per kg, followed by 0.08 US$ per kg in 2018 and 2019. In 2020, the price dropped to 0.07 US$ per kg, before increasing to 0.08 US$ per kg in 2021. Based on this trend, it is likely that the export price per kilogram of Tallow Fat from Lebanon in 2023 and 2024 will be around 0.08 US$ per kg.The exports of tallow fat from Lebanon are classified as:
- Fats of bovine animals, sheep or goats (excluding lard stearin, lard oil, oleostearin, oleooil and tallow oil, not emulsified or mixed or otherwise prepared) (HS code 150200)
- Fats of bovine animals, sheep or goats (excluding tallow, oleostearin and oleo-oil) (HS code 150290)
- Tallow of bovine animals, sheep or goats (excluding oil and oleostearin) (HS code 150210)
Lebanon Tallow Fat Import Prices - Historical, Trends and Prediction
The import price per kilogram of Tallow Fat into Lebanon over the last five years has been relatively stable. In 2017, the price was 0.05 US dollars per kg, followed by 0.08 US dollars per kg in 2018 and 2019. In 2020, the price dropped to 0.07 US dollars per kg, before increasing to 0.08 US dollars per kg in 2021. Based on this trend, it is likely that the import price per kilogram of Tallow Fat into Lebanon in 2023 will be 0.08 US dollars per kg, and in 2024 will be 0.07 US dollars per kg.Export values for Lebanon tallow fat
The total values in export for tallow fat in Lebanon were US$ 45, US$ 35, US$ 82 and US$ 81 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Meat category in Lebanon: Pork, Mutton, Goat Meat, Horse Meat, Chicken Meat, Turkey Meat, Duck Meat, Geese Meat, Guinea Fowls Meat & Rabbit Meat.
See prices of tallow fat in other countries across Middle East: Bahrain tallow fat, Cyprus tallow fat, Iraq tallow fat, Israel tallow fat, Jordan tallow fat, Kuwait tallow fat, Lebanon tallow fat, Palestine tallow fat, Oman tallow fat & Qatar tallow fat.
Lebanon tallow fat - Production, Exports, Imports, Seasons and HS Codes
In 2019 Lebanon exported 1,068 tonnes of tallow fat. Across 2019 alone, the demand for Lebanon tallow fat (meat category) has improved, flactuating by 2.397 per cent compared to the year 2018. Between 2017 and 2019, tallow fat's exports increased by 42.02% earning the exporter US$0.08m for the year 2019. Lebanon's tallow fat exports are classified as:
- Fats of bovine animals, sheep or goats (excluding tallow, oleostearin and oleo-oil) (HS code 150290)
- Fats of bovine animals, sheep or goats (excluding lard stearin, lard oil, oleostearin, oleooil and tallow oil, not emulsified or mixed or otherwise prepared) (HS code 150200)
- Tallow of bovine animals, sheep or goats (excluding oil and oleostearin) (HS code 150210)
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Lebanon tallow fat export values
In 2019, Lebanon supplied tallow fat with a value of 0.08m USD, a reduction of -2.44% from 2018's total tallow fat export of 0.082m USD. The yearly change in value of Lebanon tallow fat between 2017 to 2018 was 134.286 percent.
The per year change in the amount of Lebanon's tallow fat exports between 2017 and 2019 was 42.02% compared to a variation of 2.397% in the period between 2018 and 2019.
Lebanon's stake of the world's total tallow fat's exports in 2019 was less than 1%. Lebanon holds position 71 in world exports of tallow fat.
Export markets for Lebanon tallow fat ( in '000$ )
Lebanon's top export markets for tallow fat are United Arab Emirates (UAE), Syria, Jordan, Iraq and Pakistan.
Import/Export Trends
Lebanon is a net importer of tallow fat. The annual growth of Lebanon tallow fat in value between 2015 to 2019 was -31%, per annum, while annual growth in quantity through the same period was -26%, per annum.
Lebanon purchased 654 tonnes of tallow fat in 2019.