Latest Report Update: May 6, 2021

Finland - Refined Palm Oil - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service and Privacy Policy. We'll occasionally send you account related emails.

Finland: Refined Palm Oil Market Overview 2021

Refined Palm Oil Market Size in Finland

The Finnish refined palm oil market fell significantly to $X in 2020, waning by -X% against the previous year. In general, consumption recorded a abrupt decrease. The most prominent rate of growth was recorded in 2019 with an increase of X% y-o-y. Over the period under review, the market hit record highs at $X in 2008; however, from 2009 to 2020, consumption remained at a lower figure.

Refined Palm Oil Production in Finland

In value terms, refined palm oil production shrank slightly to $X in 2020 estimated in export prices. Over the period under review, production showed a noticeable shrinkage. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2020, production growth remained at a somewhat lower figure.

Refined Palm Oil Exports

Exports from Finland

In 2020, after four years of growth, there was significant decline in overseas shipments of refined palm oil, when their volume decreased by -X% to X kg. Over the period under review, exports saw a dramatic shrinkage. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Exports peaked at X tonnes in 2019, and then dropped dramatically in the following year.

In value terms, refined palm oil exports declined dramatically to $X in 2020. Overall, exports faced a precipitous curtailment. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Over the period under review, exports reached the maximum at $X in 2019, and then fell rapidly in the following year.

Exports by Country

Uganda (X kg) was the main destination for refined palm oil exports from Finland, with a approx. X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to Uganda was relatively modest.

From 2007 to 2020, the average annual growth rate of value to Uganda was relatively modest.

Export Prices by Country

In 2020, the average refined palm oil export price amounted to $X per tonne, picking up by X% against the previous year. In general, the export price saw resilient growth. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Uganda.

From 2007 to 2020, the rate of growth in terms of prices for Uganda amounted to X% per year.

Refined Palm Oil Imports

Imports into Finland

Refined palm oil imports into Finland declined rapidly to X tonnes in 2020, which is down by -X% compared with the year before. In general, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Imports peaked at X tonnes in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, refined palm oil imports fell markedly to $X in 2020. Over the period under review, imports faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 when imports increased by X% year-to-year. Imports peaked at $X in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands (X tonnes), Sweden (X tonnes) and Germany (X tonnes) were the main suppliers of refined palm oil imports to Finland, with a combined X% share of total imports. France, Italy and Malaysia lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France, while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Sweden ($X) and Germany ($X) were the largest refined palm oil suppliers to Finland, with a combined X% share of total imports. These countries were followed by France, Italy and Malaysia, which together accounted for a further X 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 mixed trend patterns.

Import Prices by Country

In 2020, the average refined palm oil import price amounted to $X per tonne, declining by -X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the average import price increased by X% year-to-year. Over the period under review, average import prices reached the peak figure at $X per tonne in 2012; however, from 2013 to 2020, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2020, the highest prices were recorded for prices from Italy ($X per tonne) and Germany ($X per tonne), while the price for France ($X per tonne) and Malaysia ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by France, 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 accounting for 29% of global consumption. These countries were followed by Pakistan, Japan, Brazil, Russia, Indonesia, Bangladesh, Nigeria, Mexico and Turkey, which together accounted for a further 24%.
What are the largest producers of refined palm oil in the world?
+
Indonesia (13M tonnes) remains the largest refined palm oil producing country worldwide, comprising approx. 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 Finland?
+
In value terms, the largest refined palm oil suppliers to Finland were the Netherlands ($861K), Sweden ($657K) and Germany ($145K), with a combined 90% share of total imports. These countries were followed by France, Italy and Malaysia, which together accounted for a further 9.8%.
What is the average export price for refined palm oil in Finland?
+
In 2020, the average refined palm oil export price amounted to $4,452 per tonne, picking up by 354% against the previous year.
What is the average import price for refined palm oil in Finland?
+
The average refined palm oil import price stood at $947 per tonne in 2020, dropping by -13.3% 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 Finland. 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:
• Finland

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

Webinar: Global Graphite Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global graphite market.



Tuesday, May 18th, 2021 @ 04:00 pm ET


Register

Webinar: Global Coal Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global сoal market.



Tuesday, June 1st, 2021 @ 04:00 pm ET


Register

Webinar: Global Biodiesel Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global biodiesel market.



Thursday, June 10th, 2021 @ 04:00 pm ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data