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Norway - Lard Stearin, Lard Oil, Oleostearin, Oleo-Oil And Tallow Oil - Market Analysis, Forecast, Size, Trends And Insights
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Norway: Oleo Oils Market Overview 2021

Oleo Oils Market Size in Norway

In 2020, the Norwegian oleo oils market decreased by -X% to $X for the first time since 2017, thus ending a two-year rising trend. In general, consumption, however, saw a abrupt curtailment. The pace of growth was the most pronounced in 2011 when the market value increased by X% against the previous year. Oleo oils consumption peaked at $X in 2007; however, from 2008 to 2020, consumption failed to regain the momentum.

Oleo Oils Exports

Exports from Norway

In 2020, approx. X kg of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil were exported from Norway; flattening at 2019. Overall, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2012 when exports increased by X% y-o-y. As a result, exports attained the peak of X tonnes. from 2013 to 2020, the growth exports failed to regain the momentum.

In value terms, oleo oils exports stood at $X in 2020. In general, exports showed a abrupt decrease. The pace of growth was the most pronounced in 2012 when exports increased by X% against the previous year. As a result, exports attained the peak of $X. from 2013 to 2020, the growth exports remained at a lower figure.

Exports by Country

The UK (X kg) was the main destination for oleo oils exports from Norway, accounting for a approx. X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to the UK totaled -X%.

From 2007 to 2020, the average annual rate of growth in terms of value to the UK stood at -X%.

Export Prices by Country

In 2020, the average oleo oils export price amounted to $X per tonne, almost unchanged from the previous year. Overall, the export price enjoyed measured growth. The export price peaked in 2020 and is expected to retain growth in the near future.

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

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

Oleo Oils Imports

Imports into Norway

In 2020, supplies from abroad of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil increased by X% to X tonnes, rising for the third year in a row after six years of decline. Overall, imports, however, saw a abrupt curtailment. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Imports peaked at X tonnes in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, oleo oils imports plummeted to $X in 2020. Over the period under review, imports, however, showed a abrupt setback. The growth pace was the most rapid in 2011 when imports increased by X% y-o-y. As a result, imports reached the peak of $X. from 2012 to 2020, the growth imports remained at a lower figure.

Imports by Country

In 2020, Denmark (X kg) constituted the largest supplier of oleo oils to Norway, accounting for a X% share of total imports. Moreover, oleo oils imports from Denmark exceeded the figures recorded by the second-largest supplier, Sweden (X kg), twofold. The third position in this ranking was occupied by the UK (X kg), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Denmark totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-X% per year) and the UK (-X% per year).

In value terms, the largest oleo oils suppliers to Norway were the UK ($X), Denmark ($X) and Poland ($X), together comprising X% of total imports.

In terms of the main suppliers, Denmark recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average oleo oils import price amounted to $X per tonne, falling by -X% against the previous year. Overall, the import price, however, continues to indicate a notable increase. The pace of growth was the most pronounced in 2009 an increase of X% year-to-year. The import price peaked at $X per tonne in 2017; however, from 2018 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the UK ($X per tonne), while the price for Germany ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in the world?
+
The countries with the highest volumes of oleo oils consumption in 2020 were Ireland (75K tonnes), the U.S. (44K tonnes) and the UK (35K tonnes), together comprising 53% of global consumption. Malaysia, Sudan, Belgium and Egypt lagged somewhat behind, together comprising a further 34%.
What are the largest producers of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in the world?
+
The countries with the highest volumes of oleo oils production in 2020 were the UK (90K tonnes), Ireland (72K tonnes) and the U.S. (54K tonnes), with a combined 74% share of global production.
What are the leading suppliers of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil to Norway?
+
In value terms, the largest oleo oils suppliers to Norway were the UK ($2.1K), Denmark ($1.8K) and Poland ($169), together comprising 98% of total imports.
What is the average export price for lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in Norway?
+
In 2020, the average oleo oils export price amounted to $32,750 per tonne, approximately mirroring the previous year.
What is the average import price for lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in Norway?
+
In 2020, the average oleo oils import price amounted to $2,233 per tonne, waning by -36.3% against the previous year.

Product coverage:
• Prodcom 10411100 - Lard stearin, lard oil, oleostearin, oleo-oil and tallow oil (excluding emulsified, mixed or otherwise prepared)

This report provides an in-depth analysis of the oleo oils market 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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