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 |
---|---|---|---|---|
USD per ton | ||||
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 |
---|---|---|---|---|
USD per ton | ||||
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 |
---|---|---|---|---|
million USD | ||||
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 |
---|---|---|---|---|
million USD | ||||
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.
Tall Oil Fatty Acids - Product Coverage
- HS 382313 - Industrial monocarboxylic fatty acids, acid oils from refining; tall oil fatty acids
This report provides an in-depth analysis of the global market for tall oil fatty acids.
This report provides an in-depth analysis of the market for tall oil fatty acids in the Middle East.
This report provides an in-depth analysis of the market for tall oil fatty acids in Central Asia.
This report provides an in-depth analysis of the market for tall oil fatty acids in Australia and Oceania.
This report provides an in-depth analysis of the market for tall oil fatty acids in Northern America.
This report provides an in-depth analysis of the market for tall oil fatty acids in South-Eastern Asia.
This report provides an in-depth analysis of the market for tall oil fatty acids in Eastern Asia.
This report provides an in-depth analysis of the market for tall oil fatty acids in Latin America and the Caribbean.
This report provides an in-depth analysis of the market for tall oil fatty acids in Africa.
This report provides an in-depth analysis of the market for tall oil fatty acids in Southern Asia.
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