Report Update: Apr 1, 2024

Sweden - Animal Or Vegetable Fats And Oils Chemically Modified - Market Analysis, Forecast, Size, Trends And Insights

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Chemically Modified Oils Price in Sweden - 2023

Chemically Modified Oils Price in Sweden (CIF) - 2023

The average chemically modified oils import price stood at $1,316 per ton in August 2023, shrinking by -7.1% against the previous month. In general, the import price showed a perceptible decline. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 31% against the previous month. Over the period under review, average import prices attained the peak figure at $2,332 per ton in August 2022; however, from September 2022 to August 2023, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In August 2023, the countries with the highest prices were the Netherlands ($1,401 per ton) and Spain ($1,326 per ton), while the price for Denmark ($1,017 per ton) and Norway ($1,181 per ton) were amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Malaysia (0.0%), while the prices for the other major suppliers experienced a decline.

Chemically Modified Oils Price in Sweden (FOB) - 2022

In 2022, the average chemically modified oils export price amounted to $1,488 per ton, with an increase of 35% against the previous year. Overall, the export price, however, saw a noticeable decline. Over the period under review, the average export prices hit record highs at $2,358 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($1,805 per ton), while the average price for exports to the Netherlands ($1,064 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 Norway (-2.1%), while the prices for the other major destinations experienced a decline.

Chemically Modified Oils Imports in Sweden

In 2022, the amount of animal or vegetable fats and oils chemically modified imported into Sweden skyrocketed to 212K tons, growing by 407% compared with the previous year's figure. Overall, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, chemically modified oils imports soared to $247M in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Chemically Modified Oils in Sweden (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Spain	N/A	N/A	8.0	108	1250.0%
Netherlands	0.1	0.5	10.7	93.5	877.8%
Norway	3.6	4.1	4.3	16.4	65.8%
Denmark	2.7	4.8	7.1	12.5	66.7%
United Kingdom	0.8	0.7	0.4	6.2	97.9%
Germany	3.6	4.1	5.1	5.5	15.2%
Finland	2.9	0.3	N/A	2.4	-6.1%
Others	2.1	1.8	2.0	2.6	7.4%
Total	15.8	16.4	37.7	247	150.0%

Top Suppliers of Chemically Modified Oils to Sweden in 2022:

Netherlands (87.1K tons)
Spain (69.6K tons)
Norway (34.5K tons)
Denmark (10.4K tons)
United Kingdom (4.2K tons)
Germany (2.3K tons)
Finland (1.4K tons)

Chemically Modified Oils Exports in Sweden

Chemically modified oils exports from Sweden skyrocketed to 13K tons in 2022, surging by 15% on 2021. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 38% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, chemically modified oils exports skyrocketed to $20M in 2022. Over the period under review, exports posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 61% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Export of Chemically Modified Oils in Sweden (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Norway	1.4	1.8	3.2	10.3	94.5%
Belgium	0.1	0.6	0.8	5.3	275.6%
Germany	4.2	1.3	2.8	1.7	-26.0%
Lithuania	0.8	0.2	0.6	0.9	4.0%
Netherlands	0.1	2.9	4.3	0.8	100.0%
Denmark	0.7	0.6	0.7	0.3	-24.6%
Others	0.7	0.5	0.3	0.3	-24.6%
Total	7.9	7.9	12.6	19.6	35.4%

Top Export Markets for Chemically Modified Oils from Sweden in 2022:

Norway (6.7K tons)
Belgium (3.7K tons)
Germany (1.1K tons)
Netherlands (0.8K tons)
Lithuania (0.7K tons)
Denmark (0.2K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the chemically modified oils market in Sweden. 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 20592000 - Animal or vegetable fats and oils chemically modified

Country coverage:

Sweden

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Sweden
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