Tall Oil Fatty Acids Market

Tall oil fatty acids market: find new statistics secured by an Ai-driven BI tool. Info cover trade, consumption, market prices, production, exports, market size, imports, and companies. Here is a split by region, including Africa, EU, the U.S., the Middle East, China, the U.K., Russia, and Latin America. Market trends and forecast to 2030 are also featured in the dashboards.

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Tall Oil Fatty Acids - World's Largest Markets

Rating	Country
1	Sweden
2	United States
3	Germany
4	Russia
5	China

In value terms, Sweden, the United States and Germany appeared to be the countries with the highest levels of market value in 2020, together accounting for 23% of the global market. These countries were followed by Russia, China, Italy, Poland, Belgium, Mexico, India, Turkey, Finland and the Netherlands, which together accounted for a further 36%.

Belgium (+144.7% per year) recorded the highest rates of growth with regard to market size, in terms of the main consuming countries over the period under review, while tall oil fatty acids market for the other global leaders experienced more modest paces of growth.

Tall Oil Fatty Acids Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
United States	1105	982	891	-10.2%
France	1011	818	1035	1.2%
Sweden	1302	1212	1109	-7.7%
Netherlands	1077	1096	1166	4.0%
Austria	1248	1194	1250	0.1%
Finland	1364	1282	1304	-2.2%
Average	1207	1124	1092	-4.9%

Average prices varied somewhat amongst the major exporting countries. In 2020, major exporting countries recorded the following prices: in Finland ($1,304 per ton) and Austria ($1,250 per ton), while the United States ($891 per ton) and France ($1,035 per ton) were amongst the lowest.

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

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Poland	1240	1171	1409	6.6%
Russia	1433	1364	1389	-1.5%
Belgium	1379	1267	1299	-2.9%
United States	1433	1413	1272	-5.8%
China	1290	1338	1238	-2.0%
Turkey	1191	1112	1222	1.3%
France	1285	1320	1202	-3.3%
Netherlands	1140	1030	1171	1.4%
Germany	1209	1144	1161	-2.0%
Italy	1067	1108	1138	3.3%
United Kingdom	1176	1132	1118	-2.5%
India	926	995	993	3.6%
Mexico	958	1165	936	-1.2%
Average	1202	1205	1245	1.8%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Poland ($1,409 per ton), while Mexico ($936 per ton) was amongst the lowest.

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

Tall Oil Fatty Acids - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	million USD			CAGR, 2018-2020
Netherlands	26	22	17	-20.2%
Germany	19	16	15	-11.5%
Russia	16	19	14	-7.8%
China	17	9.2	12	-16.7%
Belgium	15	9.7	11	-11.5%

In value terms, the largest tall oil fatty acids importing markets worldwide were the Netherlands ($17M), Germany ($15M) and Russia ($14M), together accounting for 20% of global imports. These countries were followed by China, Belgium, Italy, Poland, the United States, Mexico, India, Turkey, the UK and France, which together accounted for a further 38%.

In terms of the main importing countries, Poland (+73.3% per year) saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Tall Oil Fatty Acids - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	million USD			CAGR, 2018-2020
Finland	74	73	91	10.7%
United States	78	65	64	-9.6%
Sweden	33	32	40	9.8%
Netherlands	29	30	26	-4.9%
France	18	16	20	3.5%

In value terms, Finland ($91M), the United States ($64M) and Sweden ($40M) were the countries with the highest levels of exports in 2020, together comprising 72% of global exports.

Among the main exporting countries, Finland 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.

Tall Oil Fatty Acids - Market Forecast

Driven by rising demand for tall oil fatty acids worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, 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.