Denmark - Industrial Oleic Acid - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIndustrial Oleic Acid Price in Denmark - 2023
Contents:
- Industrial Oleic Acid Price in Denmark (CIF) - 2023
- Industrial Oleic Acid Price in Denmark (FOB) - 2022
- Industrial Oleic Acid Imports in Denmark
- Industrial Oleic Acid Exports in Denmark
Industrial Oleic Acid Price in Denmark (CIF) - 2023
In May 2023, the average industrial oleic acid import price amounted to $5,315 per ton, rising by 52% against the previous month. Overall, import price indicated mild growth from May 2022 to May 2023: its price increased at an average monthly rate of +1.6% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on May 2023 figures, industrial oleic acid import price increased by +163.0% against February 2023 indices. The growth pace was the most rapid in March 2023 when the average import price increased by 79% against the previous month. The import price peaked in May 2023.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($6,357 per ton), while the price for Malaysia stood at $2,040 per ton.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Industrial Oleic Acid Price in Denmark (FOB) - 2022
The average industrial oleic acid export price stood at $2,947 per ton in 2022, with a decrease of -18.4% against the previous year. Overall, the export price recorded a mild descent. The pace of growth appeared the most rapid in 2019 an increase of 23%. Over the period under review, the average export prices attained the maximum at $3,610 per ton in 2021, and then fell sharply in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($10,942 per ton), while the average price for exports to Italy ($1,641 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.
Industrial Oleic Acid Imports in Denmark
In 2022, the amount of industrial oleic acid imported into Denmark reduced to 131 tons, with a decrease of -2% against the previous year's figure. In general, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 3.6%.
In value terms, industrial oleic acid imports dropped modestly to $317K in 2022. The total import value increased at an average annual rate of +1.5% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 7.4% against the previous year. As a result, imports reached the peak of $328K, and then shrank in the following year.
Import of Industrial Oleic Acid in Denmark (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 23.2 | 18.0 | 50.0 | 130 | 77.6% |
Malaysia | 224 | 244 | 118 | 102 | -23.1% |
Netherlands | 30.2 | 22.3 | 130 | 66.4 | 30.0% |
Sweden | 10.3 | 16.3 | 24.0 | 10.1 | -0.7% |
Belgium | 5.2 | N/A | 6.6 | 2.5 | -21.7% |
Spain | 3.8 | N/A | N/A | 1.9 | -20.6% |
Others | 6.6 | 4.8 | N/A | 4.1 | -14.7% |
Total | 303 | 306 | 328 | 317 | 1.5% |
Top Suppliers of Industrial Oleic Acid to Denmark in 2022:
- Germany (50.9 tons)
- Malaysia (40.6 tons)
- Netherlands (29.3 tons)
- Spain (3.6 tons)
- Belgium (2.5 tons)
- Sweden (2.4 tons)
Industrial Oleic Acid Exports in Denmark
In 2022, the amount of industrial oleic acid exported from Denmark expanded slightly to 76 tons, growing by 1.7% on the year before. In general, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +7.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 49%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, industrial oleic acid exports dropped significantly to $224K in 2022. Overall, total exports indicated a temperate increase from 2019 to 2022: its value increased at an average annual rate of +2.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +25.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 51%. As a result, the exports attained the peak of $270K, and then declined significantly in the following year.
Export of Industrial Oleic Acid in Denmark (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Norway | 150 | 168 | 241 | 177 | 5.7% |
Italy | 16.9 | N/A | N/A | 18.2 | 2.5% |
Sweden | 11.3 | 9.3 | 16.0 | 14.8 | 9.4% |
Estonia | 16.1 | N/A | N/A | 11.0 | -11.9% |
Others | 13.1 | 1.2 | 13.7 | 2.9 | -39.5% |
Total | 208 | 178 | 270 | 224 | 2.5% |
Top Export Markets for Industrial Oleic Acid from Denmark in 2022:
- Norway (55.4 tons)
- Italy (11.1 tons)
- Estonia (5.1 tons)
- Sweden (3.7 tons)
This report provides an in-depth analysis of the industrial oleic acid market in Denmark. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20143130 - Industrial oleic acid
Country coverage:
- Denmark
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Denmark
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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