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Denmark - Refined Palm Oil - Market Analysis, Forecast, Size, Trends And Insights
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Denmark: Refined Palm Oil Market Overview 2021

Refined Palm Oil Market Size in Denmark

The Danish refined palm oil market totaled $X in 2020, with an increase of X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2020; 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% y-o-y. Refined palm oil consumption peaked at $X in 2018; however, from 2019 to 2020, consumption stood at a somewhat lower figure.

Refined Palm Oil Production in Denmark

In value terms, refined palm oil production stood at $X in 2020 estimated in export prices. In general, production recorded a strong increase. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. Refined palm oil production peaked in 2020 and is expected to retain growth in the near future.

Refined Palm Oil Exports

Exports from Denmark

In 2020, overseas shipments of refined palm oil decreased by -X% to X tonnes, falling for the second year in a row after six years of growth. Overall, exports, however, enjoyed strong growth. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Exports peaked at X tonnes in 2018; however, from 2019 to 2020, exports remained at a lower figure.

In value terms, refined palm oil exports dropped remarkably to $X in 2020. Over the period under review, exports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, exports hit record highs at $X in 2019, and then shrank markedly in the following year.

Exports by Country

Sweden (X tonnes), the Netherlands (X tonnes) and Uruguay (X tonnes) were the main destinations of refined palm oil exports from Denmark, together accounting for X% of total exports. Poland, the U.S., Brazil and the UK lagged somewhat behind, together comprising a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Brazil (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), the Netherlands ($X) and Uruguay ($X) constituted the largest markets for refined palm oil exported from Denmark worldwide, with a combined X% share of total exports. These countries were followed by Poland, the U.S., Brazil and the UK, which together accounted for a further X (+X% per year) saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average refined palm oil export price amounted to $X per tonne, remaining constant against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 an increase of X% year-to-year. Over the period under review, average export prices attained the peak figure at $X per tonne in 2013; however, from 2014 to 2020, export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2020, the highest prices were recorded for prices to Uruguay ($X per tonne) and Poland ($X per tonne), while the average price for exports to the U.S. ($X per tonne) and Sweden ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay, while the prices for the other major destinations experienced more modest paces of growth.

Refined Palm Oil Imports

Imports into Denmark

In 2020, after three years of growth, there was significant decline in supplies from abroad of refined palm oil, when their volume decreased by -X% to X tonnes. Over the period under review, total imports indicated a slight increase from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when imports increased by X% y-o-y. Imports peaked at X tonnes in 2019, and then reduced dramatically in the following year.

In value terms, refined palm oil imports fell to $X in 2020. Overall, total imports indicated a temperate increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2018 indices. The pace of growth was the most pronounced in 2008 when imports increased by X% year-to-year. Imports peaked at $X in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Malaysia (X tonnes), Germany (X tonnes) and Indonesia (X tonnes) were the main suppliers of refined palm oil imports to Denmark, together accounting for X% of total imports. The Netherlands and Singapore lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in Singapore (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), Germany ($X) and Indonesia ($X) appeared to be the largest refined palm oil suppliers to Denmark, together comprising X% of total imports. The Netherlands and Singapore lagged somewhat behind, together accounting for a further X (+X% per year) recorded the highest rates of growth with regard to the value of imports, among 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 palm oil import price stood at $X per tonne in 2020, jumping by X% against the previous year. Over the period under review, import price indicated a mild increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, refined palm oil import price decreased by -X% against 2018 indices. The growth pace was the most rapid in 2008 when the average import price increased by X% y-o-y. Over the period under review, average import prices attained the maximum at $X per tonne in 2011; however, from 2012 to 2020, import prices failed to regain the momentum.

Average prices varied noticeably amongst the major supplying countries. In 2020, the countries with the highest prices were Germany ($X per tonne) and the Netherlands ($X per tonne), while the price for Singapore ($X per tonne) and Indonesia ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Singapore, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for refined palm oil in the world?
+
The countries with the highest volumes of refined palm oil consumption in 2020 were China (12M tonnes), the U.S. (6.5M tonnes) and India (5.2M tonnes), together comprising 29% of global consumption. Pakistan, Japan, Brazil, Russia, Indonesia, Bangladesh, Nigeria, Mexico and Turkey lagged somewhat behind, together comprising a further 24%.
What are the largest producers of refined palm oil in the world?
+
The country with the largest volume of refined palm oil production was Indonesia (13M tonnes), accounting for 19% of total volume. Moreover, refined palm oil production in Indonesia exceeded the figures recorded by the second-largest producer, China (5.5M tonnes), twofold. Malaysia (5.5M tonnes) ranked third in terms of total production with a 7.9% share.
What are the leading suppliers of refined palm oil to Denmark?
+
In value terms, Malaysia ($54M), Germany ($32M) and Indonesia ($24M) were the largest refined palm oil suppliers to Denmark, with a combined 80% share of total imports. The Netherlands and Singapore lagged somewhat behind, together accounting for a further 19%.
What are the leading importers of refined palm oil from Denmark?
+
In value terms, the largest markets for refined palm oil exported from Denmark were Sweden ($40M), the Netherlands ($30M) and Uruguay ($13M), together comprising 79% of total exports. These countries were followed by Poland, the U.S., Brazil and the UK, which together accounted for a further 19%.
What is the average export price for refined palm oil in Denmark?
+
The average refined palm oil export price stood at $1,251 per tonne in 2020, leveling off at the previous year.
What is the average import price for refined palm oil in Denmark?
+
In 2020, the average refined palm oil import price amounted to $868 per tonne, increasing by 16% against the previous year.

Product coverage:
• Prodcom 10415700 - Refined palm oil and its fractions (excluding chemically modified)

This report provides an in-depth analysis of the refined palm oil market in Denmark. 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:
• Denmark

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