Netherlands - Vegetable Fats And Oils - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDutch Vegetable Oils Export Plunges 34% to $37M in July 2023
Netherlands Vegetable Oils Exports
In July 2023, after two months of growth, there was significant decline in overseas shipments of vegetable fats and oils, when their volume decreased by -28.7% to 19K tons. Over the period under review, total exports indicated moderate growth from July 2022 to July 2023: its volume increased at an average monthly rate of +2.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, exports increased by +41.8% against April 2023 indices. The pace of growth appeared the most rapid in June 2023 when exports increased by 43% month-to-month. As a result, the exports reached the peak of 26K tons, and then reduced notably in the following month.
In value terms, vegetable oils exports dropped notably to $37M (IndexBox estimates) in July 2023. In general, total exports indicated a mild increase from July 2022 to July 2023: its value increased at an average monthly rate of +1.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, exports increased by +27.8% against April 2023 indices. The pace of growth appeared the most rapid in June 2023 with an increase of 53% m-o-m. As a result, the exports attained the peak of $55M, and then contracted notably in the following month.
| COUNTRY | Export Value of Vegetable Oils in Netherlands (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | |
| Belgium | 3.5 | 4.7 | 3.3 | 3.5 | 3.7 | 2.9 | 2.9 | 2.4 | 3.0 | 2.9 | 4.2 | 11.9 | 11.0 |
| Germany | 10.7 | 13.6 | 10.5 | 9.8 | 10.6 | 10.1 | 12.7 | 11.1 | 10.3 | 10.0 | 15.4 | 11.3 | 10.8 |
| Poland | 2.8 | 3.7 | 4.4 | 5.0 | 5.0 | 4.6 | 4.9 | 4.7 | 4.3 | 4.2 | 4.1 | 3.8 | 2.7 |
| France | 2.2 | 2.2 | 2.6 | 2.0 | 2.4 | 2.1 | 2.0 | 0.9 | 2.0 | 2.1 | 2.1 | 1.7 | 2.2 |
| Italy | 3.1 | 1.7 | 2.2 | 1.1 | 1.3 | 1.0 | 1.3 | 1.6 | 1.9 | 1.2 | 1.6 | 1.8 | 1.9 |
| Slovakia | 1.4 | 1.4 | 0.8 | 1.0 | 0.8 | 1.1 | 0.9 | 1.2 | 0.8 | 0.5 | 1.0 | 0.7 | 1.1 |
| Others | 6.7 | 7.9 | 8.6 | 6.5 | 7.1 | 4.7 | 5.7 | 7.0 | 8.3 | 7.7 | 7.9 | 24.1 | 6.8 |
| Total | 30.4 | 35.2 | 32.6 | 28.9 | 30.9 | 26.5 | 30.5 | 29.0 | 30.7 | 28.6 | 36.2 | 55.3 | 36.5 |
Exports by Country
Germany (5.7K tons), Belgium (5.5K tons) and Poland (1.6K tons) were the main destinations of vegetable oils exports from the Netherlands, with a combined 69% share of total exports.
From July 2022 to July 2023, the biggest increases were in Belgium (with a CAGR of +9.9%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Belgium ($11M), Germany ($11M) and Poland ($2.7M) appeared to be the largest markets for vegetable oils exported from the Netherlands worldwide, together comprising 67% of total exports.
Among the main countries of destination, Belgium, with a CAGR of +10.0%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In July 2023, the vegetable oils price stood at $1,972 per ton (FOB, Netherlands), declining by -7.4% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 7% month-to-month. The export price peaked at $2,189 per ton in April 2023; however, from May 2023 to July 2023, the export prices failed to regain momentum.
Average prices varied somewhat for the major external markets. In July 2023, the countries with the highest prices were France ($2,404 per ton) and the UK ($2,292 per ton), while the average price for exports to Poland ($1,718 per ton) and Slovakia ($1,858 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+0.1%), while the prices for the other major destinations experienced a decline.
This report provides an in-depth analysis of the vegetable oils market in the Netherlands. 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:
- Netherlands
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Netherlands
- 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
