Chemically Modified Oils Market

Chemically modified oils market: find new facts and figures provided by an Ai-driven business intelligence tool. Datasets provide trade, companies, production, consumption, imports, exports, market prices, and market size. Here is a split by country, including Latin America, Africa, EU, Russia, China, the U.S., the Middle East, and the U.K. Market trends and outlook to 2030 are also provided in the reports.


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Chemically Modified Oils - World's Largest Markets

RatingCountry
1China
2India
3Philippines
4United States
5Singapore

In value terms, the largest chemically modified oils markets worldwide were China, India and the Philippines, with a combined 32% share of the global market. The United States, Singapore, the Netherlands, Germany, Brazil, Afghanistan, Pakistan, Russia, Indonesia and Japan lagged somewhat behind, together accounting for a further 34%.

Singapore (+111.9% per year) recorded the highest rates of growth with regard to market size, among the main consuming countries over the period under review, while chemically modified oils market for the other global leaders experienced more modest paces of growth.

Chemically Modified Oils Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per tonne
South Africa700578540-12.2%
Canada5625916305.9%
United States6857357081.7%
Indonesia5975427149.4%
Poland6566437617.7%
Malaysia6566287849.3%
Germany7877518010.9%
Netherlands828764813-0.9%
China6797078199.8%
Italy7807358504.4%
Belgium79771097410.5%
United Kingdom789852101213.3%
Spain7431153109521.4%
Average7337197954.2%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Spain ($1,095 per tonne), while South Africa ($540 per tonne) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Spain, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per tonne
Germany7617338948.4%
Portugal10461155879-8.3%
Spain68165487413.3%
United Kingdom8067688744.1%
Singapore7507168637.3%
Afghanistan861828836-1.5%
Belgium8108258311.3%
Finland7367198265.9%
Malaysia6896568038.0%
Netherlands6936497332.8%
Philippines779755708-4.7%
Average7647288072.8%

Average prices varied somewhat amongst the major importing countries. In 2020, major importing countries recorded the following prices: in Germany ($894 per tonne) and Portugal ($879 per tonne), while the Philippines ($708 per tonne) and the Netherlands ($733 per tonne) were amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Spain, while the other global leaders experienced more modest paces of growth.

Chemically Modified Oils - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
Netherlands0.911.320.1%
Philippines0.40.40.741.2%
Germany0.50.50.613.9%
Singapore0.10.40.6116.0%
Afghanistan0.40.40.42.6%

In value terms, the largest chemically modified oils importing markets worldwide were the Netherlands ($1.3B), the Philippines ($704M) and Germany ($646M), together accounting for 45% of global imports. These countries were followed by Singapore, Afghanistan, Spain, Malaysia, the UK, Portugal, Belgium and Finland, which together accounted for a further 38%.

Portugal (+178.2% per year) saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Chemically Modified Oils - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
Netherlands0.70.80.912.2%
China0.40.50.838.0%
Malaysia0.10.20.464.3%
United States0.10.10.337.7%
Spain0.070.10.282.7%

In value terms, the Netherlands ($857M), China ($752M) and Malaysia ($357M) were the countries with the highest levels of exports in 2020, with a combined 48% share of global exports. These countries were followed by the United States, Spain, Germany, Indonesia, Poland, the UK, Belgium, Canada, Italy and South Africa, which together accounted for a further 34%.

Among the main exporting countries, South Africa (+155.8% per year) saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Chemically Modified Oils - Market Forecast

Driven by increasing demand for chemically modified oils worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Chemically Modified Oils - Product Coverage

  • HS 1518 - Animal or vegetable fats, oils, fractions, modified in any way, excluding heading no. 1516; inedible versions of animal or vegetable fats, oils or fractions of this chapter, n.e.s. or included
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World - Animal or Vegetable Fats and Oils Chemically Modified - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global chemically modified oils market.

Eastern Asia - Animal or Vegetable Fats and Oils Chemically Modified - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the chemically modified oils market in Eastern Asia.

Africa - Animal or Vegetable Fats and Oils Chemically Modified - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the chemically modified oils market in Africa.

Latin America and the Caribbean - Animal or Vegetable Fats and Oils Chemically Modified - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the chemically modified oils market in Latin America and the Caribbean.

Central Asia - Animal or Vegetable Fats and Oils Chemically Modified - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the chemically modified oils market in Central Asia.

Southern Asia - Animal or Vegetable Fats and Oils Chemically Modified - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the chemically modified oils market in Southern Asia.

Middle East - Animal or Vegetable Fats and Oils Chemically Modified - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the chemically modified oils market in the Middle East.

Northern America - Animal or Vegetable Fats and Oils Chemically Modified - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the chemically modified oils market in Northern America.

Australia and Oceania - Animal or Vegetable Fats and Oils Chemically Modified - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the chemically modified oils market in Australia and Oceania.

South-Eastern Asia - Animal or Vegetable Fats and Oils Chemically Modified - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the chemically modified oils market in South-Eastern Asia.

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