Report Update: May 1, 2024

Norway - Industrial Oleic Acid - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Industrial Oleic Acid Price in Norway - 2023

Industrial Oleic Acid Price in Norway (CIF) - 2022

In 2022, the average industrial oleic acid import price amounted to $3,134 per ton, dropping by -11.2% against the previous year. Over the period under review, the import price, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2016 an increase of 49%. The import price peaked at $3,529 per ton in 2021, and then dropped in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($5,954 per ton), while the price for Belgium ($424 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Industrial Oleic Acid Price in Norway (FOB) - 2022

The average industrial oleic acid export price stood at $1,759 per ton in 2022, reducing by -17.6% against the previous year. Over the period under review, the export price continues to indicate a mild setback. The pace of growth appeared the most rapid in 2017 when the average export price increased by 151% against the previous year. Over the period under review, the average export prices hit record highs at $2,288 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Denmark.

From 2012 to 2022, the rate of growth in terms of prices for Denmark amounted to -1.4% per year.

Industrial Oleic Acid Imports in Norway

In 2022, purchases abroad of industrial oleic acid increased by 0.1% to 73 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a sharp reduction.

In value terms, industrial oleic acid imports contracted to $228K in 2022. Over the period under review, imports, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 29%.

Import of Industrial Oleic Acid in Norway (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Denmark	142	88.9	82.2	119	-5.7%
Netherlands	122	11.0	1.6	32.3	-35.8%
Sweden	10.2	32.0	15.3	22.0	29.2%
Spain	33.1	23.4	15.1	21.2	-13.8%
Finland	26.5	17.5	10.6	14.0	-19.2%
Malaysia	13.9	10.5	9.6	13.8	-0.2%
Germany	32.8	13.6	2.9	4.2	-49.6%
Belgium	2.9	1.7	0.9	1.0	-29.9%
Others	2.2	1.4	119	1.4	-14.0%
Total	386	200	257	228	-16.1%

Top Suppliers of Industrial Oleic Acid to Norway in 2022:

Denmark (23.1 tons)
Spain (17.2 tons)
Netherlands (14.7 tons)
Finland (6.9 tons)
Sweden (5.2 tons)
Belgium (2.4 tons)
Malaysia (2.3 tons)
Germany (0.8 tons)

Industrial Oleic Acid Exports in Norway

In 2022, shipments abroad of industrial oleic acid was finally on the rise to reach 1.6 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a sharp reduction.

In value terms, industrial oleic acid exports soared to $2.7K in 2022. In general, exports, however, recorded a significant decline.

Export of Industrial Oleic Acid in Norway (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Denmark	3.9	4.9	0.5	2.7	-11.5%
Sweden	33.9	N/A	N/A	N/A	0%
Others	N/A	N/A	0.1	N/A	0%
Total	37.9	4.9	0.6	2.7	-58.5%

Top Export Markets for Industrial Oleic Acid from Norway in 2022:

Denmark (1.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the industrial oleic acid market in Norway. 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 20143130 - Industrial oleic acid

Country coverage:

Norway

Data coverage:

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