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Austria - Refined Soybean Oil And Its Fractions - Market Analysis, Forecast, Size, Trends And Insights
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Austria: Refined Soybean Oil Market Overview 2021

Refined Soybean Oil Market Size in Austria

The Austrian refined soybean oil market reduced to $X in 2019, declining by -X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Refined soybean oil consumption peaked at $X in 2009; however, from 2010 to 2019, consumption failed to regain the momentum.

Refined Soybean Oil Production in Austria

In value terms, refined soybean oil production fell to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Refined soybean oil production peaked at $X in 2018, and then contracted in the following year.

Refined Soybean Oil Exports

Exports from Austria

In 2019, approx. X tonnes of refined soybean oil and its fractions were exported from Austria; with an increase of X% compared with the previous year. Overall, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2007; however, from 2008 to 2019, exports failed to regain the momentum.

In value terms, refined soybean oil exports soared to $X in 2019. In general, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. Over the period under review, exports hit record highs at $X in 2007; afterwards, it flattened through to 2019.

Exports by Country

Germany (X tonnes) was the main destination for refined soybean oil exports from Austria, with a X% share of total exports. Moreover, refined soybean oil exports to Germany exceeded the volume sent to the second major destination, Estonia (X tonnes), eightfold. France (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual growth rate of volume to Germany stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (+X% per year) and France (-X% per year).

In value terms, Germany ($X) remains the key foreign market for refined soybean oil exports from Austria, comprising X% of total exports. The second position in the ranking was occupied by Estonia ($X), with a X% share of total exports. It was followed by Australia, with a X% share.

From 2007 to 2019, the average annual growth rate of value to Germany amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (+X% per year) and Australia (-X% per year).

Export Prices by Country

In 2019, the average refined soybean oil export price amounted to $X per tonne, with a decrease of -X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 when the average export price increased by X% y-o-y. Over the period under review, average export prices attained the maximum at $X per tonne in 2009; however, from 2010 to 2019, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was Estonia ($X per tonne), while the average price for exports to Switzerland ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Estonia, while the prices for the other major destinations experienced more modest paces of growth.

Refined Soybean Oil Imports

Imports into Austria

In 2019, purchases abroad of refined soybean oil and its fractions was finally on the rise to reach X tonnes for the first time since 2015, thus ending a three-year declining trend. Over the period under review, imports, however, saw a abrupt contraction. The pace of growth appeared the most rapid in 2015 with an increase of X% y-o-y. Over the period under review, imports reached the peak figure at X tonnes in 2011; however, from 2012 to 2019, imports failed to regain the momentum.

In value terms, refined soybean oil imports surged to $X in 2019. Overall, imports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2011 when imports increased by X% against the previous year. Imports peaked at $X in 2007; however, from 2008 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, Romania (X tonnes) constituted the largest supplier of refined soybean oil to Austria, with a X% share of total imports. Moreover, refined soybean oil imports from Romania exceeded the figures recorded by the second-largest supplier, Poland (X tonnes), threefold. The third position in this ranking was occupied by Germany (X tonnes), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from Romania totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+X% per year) and Germany (-X% per year).

In value terms, the largest refined soybean oil suppliers to Austria were Sweden ($X), Romania ($X) and Germany ($X), with a combined X% share of total imports.

Romania (+X% per year) saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average refined soybean oil import price stood at $X per tonne in 2019, waning by -X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by X% year-to-year. Over the period under review, average import prices hit record highs at $X per tonne in 2018, and then plummeted in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Sweden ($X per tonne), while the price for Poland ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for refined soybean oil and its fractions in the world?
+
China (1.8M tonnes) constituted the country with the largest volume of refined soybean oil consumption, accounting for 16% of total volume. Moreover, refined soybean oil consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (808K tonnes), twofold. The third position in this ranking was occupied by India (734K tonnes), with a 6.6% share.
What are the largest producers of refined soybean oil and its fractions in the world?
+
China (2M tonnes) remains the largest refined soybean oil producing country worldwide, comprising approx. 17% of total volume. Moreover, refined soybean oil production in China exceeded the figures recorded by the second-largest producer, the U.S. (806K tonnes), twofold. The third position in this ranking was occupied by India (723K tonnes), with a 6.4% share.
What are the leading suppliers of refined soybean oil and its fractions to Austria?
+
In value terms, Sweden ($1.9M), Romania ($1.5M) and Germany ($1.4M) appeared to be the largest refined soybean oil suppliers to Austria, together comprising 87% of total imports.
What are the leading importers of refined soybean oil and its fractions from Austria?
+
In value terms, Germany ($812K) remains the key foreign market for refined soybean oil exports from Austria, comprising 55% of total exports. The second position in the ranking was occupied by Estonia ($193K), with a 13% share of total exports. It was followed by Australia, with a 8.4% share.
What is the average export price for refined soybean oil and its fractions in Austria?
+
The average refined soybean oil export price stood at $1,114 per tonne in 2019, dropping by -14.5% against the previous year.
What is the average import price for refined soybean oil and its fractions in Austria?
+
The average refined soybean oil import price stood at $1,613 per tonne in 2019, declining by -35.3% against the previous year.

Product coverage:
• Prodcom 10415100 - Refined soya-bean oil and its fractions (excluding chemically modified)

This report provides an in-depth analysis of the refined soybean oil market in Austria. 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 2025.


Country coverage:
• Austria

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Austria
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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