Industrial Oleic Acid Market in the EU - Key Insights

IndexBox has just published a new report, the EU - Industrial Oleic Acid - Market Analysis, Forecast, Size, Trends And Insights. Here is a summary of the report's key findings.

The revenue of the industrial oleic acid market in the European Union amounted to $X in 2017, jumping by X% 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). The market value increased at an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2008, when it surged by X% against the previous year. Over the period under review, the industrial oleic acid market reached its maximum level in 2017, and is likely to see steady growth in the immediate term.

Production in the EU

In 2017, approx. X tonnes of industrial oleic acid were produced in the European Union; declining by -X% against the previous year. The total output volume increased at an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review.

Industrial Oleic Acid Exports

Exports in the EU

The exports totaled X tonnes in 2017, jumping by X% against the previous year. The total export volume increased at an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years.

In value terms, industrial oleic acid exports stood at $X (IndexBox estimates) in 2017. The total exports indicated a tangible increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2017 figures, the industrial oleic acid exports increased by +X% against 2015 indices. In that year, industrial oleic acid exports attained their peak of $X. From 2012 to 2017, the growth of industrial oleic acid exports failed to regain its momentum.

Exports by Country

The exports of the three major exporters of industrial oleic acid, namely Belgium, the Netherlands and Germany, represented more than two-thirds of total export. It was distantly followed by Spain (X tonnes), creating X% share of total exports. The following exporters - Italy (X tonnes) and the Czech Republic (X tonnes) together made up X% of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Spain (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest industrial oleic acid markets worldwide were Belgium ($X), the Netherlands ($X) and Germany ($X), together comprising X% of total exports. These countries were followed by Spain, Italy and the Czech Republic, which together accounted for a further X%.

Export Prices by Country

In 2017, the industrial oleic acid export price in the European Union amounted to $X per kg, surging by X% against the previous year. The the industrial oleic acid export price continues to indicate a relatively flat trend pattern.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in Italy ($X per kg) and Germany ($X per kg), while Spain ($X per kg) and the Czech Republic ($X per kg) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Italy (+X% per year), while the other leaders experienced more modest paces of growth.

Industrial Oleic Acid Imports

Imports in the EU

The imports totaled X tonnes in 2017, jumping by X% against the previous year. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review.

In value terms, industrial oleic acid imports stood at $X (IndexBox estimates) in 2017. The total imports indicated a prominent increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2017 figures, the industrial oleic acid imports increased by +X% against 2015 indices. In that year, industrial oleic acid imports attained their peak , and are likely to continue its growth in the immediate term.

Imports by Country

In 2017, the Netherlands (X tonnes), distantly followed by Italy (X tonnes), France (X tonnes), Spain (X tonnes), Belgium (X tonnes), Sweden (X tonnes) and Germany (X tonnes) represented the major importers of industrial oleic acid, together creating X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Sweden (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), France ($X) and Spain ($X) constituted the countries with the highest levels of imports in 2017, together comprising X% of total imports. These countries were followed by Sweden, Italy, Belgium and Germany, which together accounted for a further X%.

Import Prices by Country

The industrial oleic acid import price in the European Union stood at $X per kg in 2017, picking up by X% against the previous year. The import price indicated a temperate growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period.

Import prices varied noticeably by the country of destination; the country with the highest import price was Sweden ($X per kg), while Italy ($X per kg) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Belgium (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform