Netherlands - Vegetable Fats And Oils - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 6, 2024

Netherlands - Vegetable Fats And Oils - Market Analysis, Forecast, Size, Trends And Insights

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Vegetable Oils Price in the Netherlands - 2023

Contents:

  1. Vegetable Oils Price in the Netherlands (FOB) - 2023
  2. Vegetable Oils Price in the Netherlands (CIF) - 2022
  3. Vegetable Oils Exports in the Netherlands
  4. Vegetable Oils Imports in the Netherlands

Vegetable Oils Price in the Netherlands (FOB) - 2023

In June 2023, the average vegetable oils export price amounted to $2,123 per ton, with an increase of 6.9% against the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in November 2022 when the average export price increased by 7% m-o-m. Over the period under review, the average export prices attained the peak figure at $2,189 per ton in April 2023; however, from May 2023 to June 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Iran ($3,179 per ton), while the average price for exports to Norway ($1,701 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.

Vegetable Oils Price in the Netherlands (CIF) - 2022

In 2022, the average vegetable oils import price amounted to $2,020 per ton, growing by 2.2% against the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average import price increased by 23%. As a result, import price reached the peak level of $2,406 per ton. From 2017 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($3,683 per ton), while the price for Belgium ($1,627 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Vegetable Oils Exports in the Netherlands

In 2022, after three years of growth, there was significant decline in shipments abroad of vegetable fats and oils, when their volume decreased by -15.4% to 184K tons. Over the period under review, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 11%. As a result, the exports reached the peak of 218K tons, and then contracted markedly in the following year.

In value terms, vegetable oils exports reached $370M in 2022. Overall, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +16.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 45%. The exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Vegetable Oils in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany77.191.112112617.8%
Poland19.920.639.150.936.8%
Belgium30.829.353.843.812.5%
France23.623.423.126.33.7%
Italy14.211.918.021.615.0%
United Kingdom12.314.615.917.612.7%
Slovakia7.38.210.213.021.2%
Russia7.36.99.77.40.5%
Norway5.55.98.47.39.9%
Ireland10.112.417.45.0-20.9%
Slovenia2.00.42.84.733.0%
Others27.024.341.446.219.6%
Total23724936137016.0%

Top Export Markets for Vegetable Oils from the Netherlands in 2022:

  1. Germany (63.1K tons)
  2. Poland (32.2K tons)
  3. Belgium (22.0K tons)
  4. France (11.2K tons)
  5. Italy (10.2K tons)
  6. United Kingdom (7.0K tons)
  7. Slovakia (6.2K tons)
  8. Russia (3.8K tons)
  9. Slovenia (3.3K tons)
  10. Norway (3.1K tons)
  11. Ireland (2.2K tons)

Vegetable Oils Imports in the Netherlands

For the fourth year in a row, the Netherlands recorded growth in supplies from abroad of vegetable fats and oils, which increased by 2.8% to 53K tons in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +23.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +89.4% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 40% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, vegetable oils imports expanded slightly to $106M in 2022. Overall, imports showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 63% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Vegetable Oils in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany21.336.642.056.438.3%
Belgium6.611.418.217.738.9%
MalaysiaN/AN/A10.216.864.7%
Spain0.61.51.83.172.9%
United Kingdom1.31.31.62.015.4%
PortugalN/A0.40.71.9117.9%
France2.33.30.50.8-29.7%
Sweden12.718.912.70.5-66.0%
United Arab Emirates2.64.42.5N/A-1.9%
Others3.03.910.96.831.4%
Total50.281.710110628.3%

Top Suppliers of Vegetable Oils to the Netherlands in 2022:

  1. Germany (26.6K tons)
  2. Belgium (10.9K tons)
  3. Malaysia (9.1K tons)
  4. Spain (1.5K tons)
  5. Portugal (0.8K tons)
  6. United Kingdom (0.7K tons)
  7. France (0.3K tons)
  8. Sweden (0.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the vegetable oils market in the Netherlands. 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 10416050 - Vegetable fats and oils and their fractions partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, but not further prepared (including refined)

Country coverage:

  • Netherlands

Data coverage:

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

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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Dutch Vegetable Oils Export Plunges 34% to $37M in July 2023
Nov 14, 2023
Eye 225

As a result, the exports of Vegetable Oils reached a peak of 26K tons, and then significantly decreased in the following month. In terms of value, Vegetable Oils exports notably dropped to $37M in July 2023.

The Best Import Markets for Vegetable Oils
Oct 10, 2023
Eye 279

This article provides key statistics and insights into the best import markets for vegetable oils. China leads the way, followed by Germany, Malaysia, the United States, Poland, Denmark, France, Thailand, Belgium, and the Netherlands. The global market for vegetable oils continues to expand due to factors such as increasing health consciousness and the versatility of these oils in culinary applications.

Dutch Vegetable Oils Export Plunges 34% to $37M in July 2023
Nov 14, 2023
Eye 225

As a result, the exports of Vegetable Oils reached a peak of 26K tons, and then significantly decreased in the following month. In terms of value, Vegetable Oils exports notably dropped to $37M in July 2023.

The Best Import Markets for Vegetable Oils
Oct 10, 2023
Eye 279

This article provides key statistics and insights into the best import markets for vegetable oils. China leads the way, followed by Germany, Malaysia, the United States, Poland, Denmark, France, Thailand, Belgium, and the Netherlands. The global market for vegetable oils continues to expand due to factors such as increasing health consciousness and the versatility of these oils in culinary applications.

Free Data: Vegetable Fats And Oils - Netherlands