Report Update: May 1, 2024

China - Oleic, Linoleic Or Linolenic Acids, Their Salts And Esters - Market Analysis, Forecast, Size, Trends And Insights

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Price for Oleic, Linoleic or Linolenic Acids in China - 2023

Price for Oleic, Linoleic or Linolenic Acids in China (FOB) - 2022

The average export price for oleic, linoleic or linolenic acids, their salts and esters stood at $1,816 per ton in 2022, declining by -29.3% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 37%. Over the period under review, the average export prices reached the maximum at $3,132 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($4,281 per ton), while the average price for exports to Spain ($1,665 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 Taiwan (Chinese) (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Oleic, Linoleic or Linolenic Acids in China (CIF) - 2022

The average import price for oleic, linoleic or linolenic acids, their salts and esters stood at $3,077 per ton in 2022, which is down by -10.9% against the previous year. Over the period under review, the import price showed a noticeable contraction. The most prominent rate of growth was recorded in 2017 an increase of 15%. The import price peaked at $5,611 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($5,772 per ton), while the price for India ($2,269 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+2.2%), while the prices for the other major suppliers experienced a decline.

Exports of Oleic, Linoleic or Linolenic Acids in China

In 2022, approx. 47K tons of oleic, linoleic or linolenic acids, their salts and esters were exported from China; jumping by 203% compared with 2021. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 359%. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, oleic, linoleic or linolenic acids exports surged to $86M in 2022. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 452% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Export of Oleic, Linoleic or Linolenic Acids in China (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Spain	N/A	N/A	26.7	63.8	139.0%
Russia	N/A	0.1	0.3	4.4	563.3%
Vietnam	0.5	0.6	1.7	2.0	58.7%
Zimbabwe	N/A	N/A	N/A	1.9	0%
Indonesia	1.3	0.5	0.5	1.8	11.5%
Netherlands	2.7	1.4	3.3	N/A	10.6%
Others	5.1	4.6	7.8	12.0	33.0%
Total	9.7	7.3	40.1	85.9	106.9%

Top Export Markets for Oleic, Linoleic or Linolenic Acids from China in 2022:

Netherlands (undefinedK tons)
Spain (38.3K tons)
Russia (1.6K tons)
Vietnam (1.2K tons)
Zimbabwe (1.0K tons)
Indonesia (0.9K tons)

Imports of Oleic, Linoleic or Linolenic Acids in China

In 2022, imports of oleic, linoleic or linolenic acids, their salts and esters into China skyrocketed to 4.6K tons, with an increase of 31% on 2021. In general, imports recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 48% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, oleic, linoleic or linolenic acids imports surged to $14M in 2022. Over the period under review, imports saw significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 71% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

Import of Oleic, Linoleic or Linolenic Acids in China (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
India	76.0	492	3,003	4,547	291.1%
Malaysia	868	387	786	2,779	47.4%
Germany	1,411	1,471	2,203	2,062	13.5%
Japan	1,562	1,037	1,523	1,286	-6.3%
United Kingdom	510	334	568	906	21.1%
South Korea	564	390	382	527	-2.2%
Sweden	193	217	302	279	13.1%
Belgium	267	68.7	118	272	0.6%
Italy	616	822	783	59.8	-54.0%
Others	1,843	1,937	2,533	1,484	-7.0%
Total	7,909	7,156	12,204	14,201	21.5%

Top Suppliers of Oleic, Linoleic or Linolenic Acids to China in 2022:

India (2004.2 tons)
Malaysia (1115.8 tons)
Germany (357.2 tons)
Japan (305.9 tons)
United Kingdom (279.7 tons)
South Korea (132.1 tons)
Sweden (85.7 tons)
Belgium (70.8 tons)
Italy (12.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for oleic, linoleic or linolenic acids in China. 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 20143350 - Oleic, linoleic or linolenic acids, their salts and esters

Country coverage:

China

Data coverage:

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