France - Vegetable Fats And Oils - Market Analysis, Forecast, Size, Trends And Insights
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View PricingVegetable Oils Price in France - 2023
Contents:
- Vegetable Oils Price in France (CIF) - 2022
- Vegetable Oils Price in France (FOB) - 2023
- Vegetable Oils Imports in France
- Vegetable Oils Exports in France
Vegetable Oils Price in France (CIF) - 2022
In 2022, the average vegetable oils import price amounted to $2,918 per ton, growing by 39% against the previous year. Overall, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vegetable oils import price increased by +74.3% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 77%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($5,710 per ton), while the price for Italy ($2,084 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Vegetable Oils Price in France (FOB) - 2023
The average vegetable oils export price stood at $4,912 per ton in June 2023, surging by 24% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.1%. Over the period under review, the average export prices hit record highs at $5,755 per ton in January 2023; however, from February 2023 to June 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($11,347 per ton), while the average price for exports to South Korea ($3,638 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.
Vegetable Oils Imports in France
Vegetable oils imports into France soared to 49K tons in 2022, increasing by 15% compared with the previous year. The total import volume increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, vegetable oils imports soared to $143M in 2022. Over the period under review, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Vegetable Oils in France (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 17.5 | 17.4 | 19.6 | 29.6 | 19.1% |
Spain | 12.5 | 8.7 | 17.5 | 28.8 | 32.1% |
Netherlands | 16.3 | 18.8 | 18.3 | 26.3 | 17.3% |
Belgium | 15.3 | 15.6 | 17.0 | 22.3 | 13.4% |
Malaysia | 1.1 | 0.9 | 0.4 | 8.6 | 98.5% |
Portugal | 3.2 | 2.9 | 6.1 | 6.7 | 27.9% |
Italy | 0.3 | 0.3 | 1.0 | 6.4 | 177.3% |
Others | 6.7 | 5.9 | 9.2 | 14.5 | 29.3% |
Total | 72.8 | 70.6 | 89.2 | 143 | 25.2% |
Top Suppliers of Vegetable Oils to France in 2022:
- Spain (11.3K tons)
- Netherlands (10.7K tons)
- Belgium (9.2K tons)
- Germany (5.2K tons)
- Italy (3.1K tons)
- Malaysia (2.6K tons)
- Portugal (2.3K tons)
Vegetable Oils Exports in France
In 2022, approx. 13K tons of vegetable fats and oils were exported from France; almost unchanged from 2021. Over the period under review, exports, however, faced a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 18%.
In value terms, vegetable oils exports rose sharply to $57M in 2022. Overall, total exports indicated a pronounced increase from 2019 to 2022: its value increased at an average annual rate of +3.6% 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 +56.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 38% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
Export of Vegetable Oils in France (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 4.7 | 4.4 | 4.6 | 7.0 | 14.2% |
Spain | 2.0 | 2.4 | 3.7 | 5.5 | 40.1% |
Germany | 6.5 | 2.2 | 3.8 | 5.1 | -7.8% |
South Korea | 2.4 | 1.5 | 3.3 | 5.1 | 28.6% |
Belgium | 6.6 | 3.1 | 5.7 | 4.6 | -11.3% |
United States | 3.5 | 2.7 | 2.3 | 4.5 | 8.7% |
United Kingdom | 3.0 | 2.6 | 5.3 | 2.7 | -3.5% |
Turkey | 0.9 | 1.0 | 1.0 | 2.4 | 38.7% |
Algeria | 1.9 | 1.0 | 1.9 | 2.4 | 8.1% |
Portugal | 4.9 | 1.0 | 1.7 | 2.2 | -23.4% |
Poland | 2.9 | 1.2 | 1.4 | 1.6 | -18.0% |
Morocco | 1.0 | 1.0 | 0.8 | 1.2 | 6.3% |
Switzerland | 0.8 | 1.8 | 1.2 | 0.9 | 4.0% |
Others | 9.9 | 10.5 | 13.2 | 11.4 | 4.8% |
Total | 50.9 | 36.3 | 50.0 | 56.6 | 3.6% |
Top Export Markets for Vegetable Oils from France in 2022:
- Italy (2279.7 tons)
- Spain (1969.5 tons)
- Belgium (1799.2 tons)
- Germany (942.9 tons)
- Portugal (743.2 tons)
- United States (560.4 tons)
- Algeria (484.3 tons)
- Turkey (479.2 tons)
- Poland (368.7 tons)
- Switzerland (328.5 tons)
- United Kingdom (302.2 tons)
- Morocco (251.8 tons)
- South Korea (241.0 tons)
This report provides an in-depth analysis of the vegetable oils market in France. 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 10416050 - Vegetable fats and oils and their fractions partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, but not further prepared (including refined)
Country coverage:
- France
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in France
- 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
This report provides an in-depth analysis of the vegetable oils market in France.
This report provides an in-depth analysis of the animal fats market in France.
This report provides an in-depth analysis of the global vegetable oils market.
This report provides an in-depth analysis of the global animal fats market.
This report provides an in-depth analysis of the vegetable oils market in France.
This report provides an in-depth analysis of the animal fats market in France.
This report provides an in-depth analysis of the global vegetable oils market.
This report provides an in-depth analysis of the global animal fats market.
From 2017 to 2023, the growth of imports for Vegetable Oils failed to regain momentum. In value terms, Vegetable Oils imports dropped remarkably to $120M in 2023.
This article provides key statistics and insights into the best import markets for vegetable oils. China leads the way, followed by Germany, Malaysia, the United States, Poland, Denmark, France, Thailand, Belgium, and the Netherlands. The global market for vegetable oils continues to expand due to factors such as increasing health consciousness and the versatility of these oils in culinary applications.
From 2017 to 2023, the growth of imports for Vegetable Oils failed to regain momentum. In value terms, Vegetable Oils imports dropped remarkably to $120M in 2023.
This article provides key statistics and insights into the best import markets for vegetable oils. China leads the way, followed by Germany, Malaysia, the United States, Poland, Denmark, France, Thailand, Belgium, and the Netherlands. The global market for vegetable oils continues to expand due to factors such as increasing health consciousness and the versatility of these oils in culinary applications.