Report Update: May 1, 2024

Denmark - Industrial Tall Oil Fatty Acids - Market Analysis, Forecast, Size, Trends And Insights

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Price for Tall Oil Fatty Acids in Denmark - 2023

Price for Tall Oil Fatty Acids in Denmark (CIF) - 2023

In June 2023, the average tall oil fatty acids import price amounted to $2,993 per ton, growing by 3.6% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.7%. The pace of growth was the most pronounced in July 2022 an increase of 16% m-o-m. Over the period under review, average import prices reached the peak figure at $3,112 per ton in April 2023; however, from May 2023 to June 2023, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was Sweden ($3,351 per ton), while the price for the Netherlands ($2,965 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tall Oil Fatty Acids in Denmark (FOB) - 2022

The average tall oil fatty acids export price stood at $2,835 per ton in 2022, increasing by 9.3% against the previous year. Overall, the export price, however, recorded a pronounced downturn. The growth pace was the most rapid in 2019 when the average export price increased by 153%. The export price peaked at $4,285 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($6,765 per ton), while the average price for exports to Norway ($802 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 South Africa (+20.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tall Oil Fatty Acids in Denmark

In 2022, purchases abroad of industrial tall oil fatty acids was finally on the rise to reach 587 tons after two years of decline. In general, imports, however, continue to indicate a pronounced decrease.

In value terms, tall oil fatty acids imports dropped modestly to $903K in 2022. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 8.8%. As a result, imports attained the peak of $942K, and then shrank in the following year.

Import of Tall Oil Fatty Acids in Denmark (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Finland	692	667	668	612	-4.0%
Netherlands	55.8	98.1	218	198	52.5%
Sweden	54.9	0.3	2.9	25.7	-22.4%
Germany	27.7	32.2	39.3	23.6	-5.2%
United States	25.4	59.3	N/A	22.1	-4.5%
Others	44.7	8.2	12.7	22.2	-20.8%
Total	900	865	942	903	0.1%

Top Suppliers of Tall Oil Fatty Acids to Denmark in 2022:

Finland (395.0 tons)
Netherlands (130.4 tons)
United States (19.5 tons)
Sweden (16.1 tons)
Germany (14.1 tons)

Exports of Tall Oil Fatty Acids in Denmark

In 2022, tall oil fatty acids exports from Denmark soared to 56 tons, picking up by 138% on 2021. Overall, exports, however, recorded a relatively flat trend pattern.

In value terms, tall oil fatty acids exports soared to $158K in 2022. In general, exports, however, saw a abrupt decline.

Export of Tall Oil Fatty Acids in Denmark (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Algeria	68.6	N/A	N/A	111	17.4%
Iceland	N/A	N/A	N/A	10.7	0%
Japan	10.0	N/A	7.9	8.6	-4.9%
Sweden	1.4	N/A	N/A	7.8	77.3%
United Kingdom	6.2	5.0	5.5	6.9	3.6%
Germany	26.2	31.3	N/A	4.2	-45.7%
Norway	4.7	N/A	N/A	2.4	-20.1%
Greece	N/A	77.2	39.9	N/A	-48.3%
South Africa	21.6	2.3	N/A	N/A	-89.4%
Australia	65.1	N/A	N/A	N/A	0%
Others	17.5	139	7.2	6.4	-28.5%
Total	221	255	60.5	158	-10.6%

Top Export Markets for Tall Oil Fatty Acids from Denmark in 2022:

Algeria (39.1 tons)
Iceland (5.0 tons)
Norway (3.0 tons)
United Kingdom (2.7 tons)
Sweden (2.1 tons)
Japan (1.3 tons)
Germany (0.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for tall oil fatty acids 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 20143150 - Industrial tall oil fatty acids

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023