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Norway - Crude Sunflower-Seed And Safflower Oil - Market Analysis, Forecast, Size, Trends And Insights
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Norway: Overview of the Market for Crude Sunflower-Seed And Safflower Oil 2021

Market Size for Crude Sunflower-Seed And Safflower Oil in Norway

For the seventh year in a row, the Norwegian market for crude sunflower-seed and safflower oil recorded growth in sales value, which increased by X% to $X in 2019. Overall, consumption recorded a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Crude sunflower-seed and safflower oil consumption peaked in 2019 and is likely to see gradual growth in years to come.

Production of Crude Sunflower-Seed And Safflower Oil in Norway

In value terms, crude sunflower-seed and safflower oil production totaled $X in 2019 estimated in export prices. Overall, production continues to indicate resilient growth. The pace of growth was the most pronounced in 2016 with an increase of X% y-o-y. Over the period under review, production reached the maximum level in 2019 and is likely to continue growth in years to come.

Exports of Crude Sunflower-Seed And Safflower Oil

Exports from Norway

In 2019, overseas shipments of crude sunflower-seed and safflower oil decreased by -X% to X kg, falling for the fourth consecutive year after three years of growth. Overall, exports saw a pronounced decline. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. Over the period under review, exports attained the peak figure at X tonnes in 2015; however, from 2016 to 2019, exports stood at a somewhat lower figure.

In value terms, crude sunflower-seed and safflower oil exports rose slightly to $X in 2019. In general, exports showed a moderate increase. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. As a result, exports attained the peak of $X. From 2017 to 2019, the growth exports remained at a lower figure.

Exports by Country

The Netherlands (X kg) was the main destination for crude sunflower-seed and safflower oil exports from Norway, accounting for a X% share of total exports. It was followed by France (X kg), with a X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of volume to the Netherlands stood at -X%.

In value terms, the Netherlands ($X) remains the key foreign market for crude sunflower-seed and safflower oil exports from Norway, comprising X% of total exports. The second position in the ranking was occupied by France ($X), with a X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of value to the Netherlands was relatively modest.

Export Prices by Country

In 2019, the average export price for crude sunflower-seed and safflower oil amounted to $X per tonne, rising by X% against the previous year. In general, the export price posted a buoyant expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% against the previous year. As a result, export price reached the peak level of $X per tonne. From 2017 to 2019, the growth in terms of the average export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2019, the country with the highest price was the Netherlands ($X per tonne), while the average price for exports to France totaled $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands.

Imports of Crude Sunflower-Seed And Safflower Oil

Imports into Norway

In 2019, imports of crude sunflower-seed and safflower oil into Norway skyrocketed to X tonnes, with an increase of X% on 2018. Over the period under review, imports posted significant growth. The pace of growth was the most pronounced in 2009 with an increase of X% year-to-year. Imports peaked in 2019 and are expected to retain growth in the near future.

In value terms, crude sunflower-seed and safflower oil imports rose significantly to $X in 2019. Overall, imports posted a remarkable increase. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Over the period under review, imports reached the peak figure in 2019 and are expected to retain growth in the near future.

Imports by Country

In 2019, Belarus (X tonnes) constituted the largest supplier of crude sunflower-seed and safflower oil to Norway, accounting for a X% share of total imports. Moreover, crude sunflower-seed and safflower oil imports from Belarus exceeded the figures recorded by the second-largest supplier, Spain (X tonnes), more than tenfold. The third position in this ranking was occupied by Switzerland (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate of volume from Belarus was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+X% per year) and Switzerland (+X% per year).

In value terms, Belarus ($X) constituted the largest supplier of crude sunflower-seed and safflower oil to Norway, comprising X% of total imports. The second position in the ranking was occupied by Spain ($X), with a X% share of total imports. It was followed by Switzerland, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value from Belarus was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+X% per year) and Switzerland (+X% per year).

Import Prices by Country

In 2019, the average import price for crude sunflower-seed and safflower oil amounted to $X per tonne, declining by -X% against the previous year. Overall, the import price recorded a deep reduction. The most prominent rate of growth was recorded in 2012 an increase of X% year-to-year. The import price peaked at $X per tonne in 2008; however, from 2009 to 2019, import prices failed to regain the momentum.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Belarus, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for crude sunflower-seed and safflower oil in the world?
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China (7.2M tonnes) constituted the country with the largest volume of crude sunflower-seed and safflower oil consumption, accounting for 18% of total volume. Moreover, crude sunflower-seed and safflower oil consumption in China exceeded the figures recorded by the second-largest consumer, India (2.9M tonnes), twofold. The U.S. (1.9M tonnes) ranked third in terms of total consumption with a 4.9% share.
What are the largest producers of crude sunflower-seed and safflower oil in the world?
+
The countries with the highest volumes of crude sunflower-seed and safflower oil production in 2019 were China (6.4M tonnes), Ukraine (5.1M tonnes) and Russia (3.9M tonnes), with a combined 39% share of global production.
What are the leading suppliers of crude sunflower-seed and safflower oil to Norway?
+
In value terms, Belarus ($773K) constituted the largest supplier of crude sunflower-seed and safflower oil to Norway, comprising 56% of total imports. The second position in the ranking was occupied by Spain ($136K), with a 9.9% share of total imports. It was followed by Switzerland, with a 6.7% share.
What are the leading importers of crude sunflower-seed and safflower oil from Norway?
+
In value terms, the Netherlands ($992) remains the key foreign market for crude sunflower-seed and safflower oil exports from Norway, comprising 98% of total exports. The second position in the ranking was occupied by France ($18), with a 1.8% share of total exports.
What is the average export price for crude sunflower-seed and safflower oil in Norway?
+
In 2019, the average export price for crude sunflower-seed and safflower oil amounted to $2,485 per tonne, surging by 5.3% against the previous year.
What is the average import price for crude sunflower-seed and safflower oil in Norway?
+
The average import price for crude sunflower-seed and safflower oil stood at $1,062 per tonne in 2019, dropping by -12.1% against the previous year.

Product coverage:
• Prodcom 10412400 - Crude sunflower-seed and safflower oil and their fractions (excluding chemically modified)

This report provides an in-depth analysis of the market for crude sunflower-seed and safflower oil in Norway. 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:
• Norway

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