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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

The Norwegian oleo oils market rose modestly to $X in 2019, increasing by X% against the previous year. Over the period under review, consumption recorded a noticeable shrinkage. The pace of growth was the most pronounced in 2012 with an increase of X% year-to-year. Oleo oils consumption peaked at $X in 2007; however, from 2008 to 2019, consumption failed to regain the momentum.

Oleo Oils Production in Norway

In value terms, oleo oils production rose to $X in 2019 estimated in export prices. Over the period under review, production recorded a pronounced decrease. The most prominent rate of growth was recorded in 2012 when the production volume increased by X% year-to-year. Oleo oils production peaked at $X in 2007; however, from 2008 to 2019, production stood at a somewhat lower figure.

Oleo Oils Exports

Exports from Norway

In 2019, approx. X kg of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil were exported from Norway; approximately equating the previous year's figure. Over the period under review, exports continue to indicate a strong increase. The pace of growth appeared the most rapid in 2012 with an increase of X% year-to-year. As a result, exports reached the peak of X tonnes. From 2013 to 2019, the growth exports failed to regain the momentum.

In value terms, oleo oils exports totaled $X in 2019. In general, exports faced a deep downturn. The most prominent rate of growth was recorded in 2012 when exports increased by X% year-to-year. As a result, exports reached the peak of $X. From 2013 to 2019, the growth exports remained at a somewhat lower figure.

Exports by Country

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

From 2007 to 2015, the average annual growth rate of volume to Sweden amounted to -X%.

From 2007 to 2015, the average annual growth rate of value to Sweden stood at -X%.

Export Prices by Country

In 2015, the average oleo oils export price amounted to $X per tonne, remaining constant against the previous year. Overall, the export price continues to indicate a sharp downturn. The pace of growth was the most pronounced in 2012 when the average export price increased by X% against the previous year. Over the period under review, average export prices reached the peak figure at $X per tonne in 2007; however, from 2008 to 2015, export prices failed to regain the momentum.

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

From 2007 to 2015, the rate of growth in terms of prices for Sweden amounted to -X% per year.

Oleo Oils Imports

Imports into Norway

In 2019, purchases abroad of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil increased by X% to X tonnes, rising for the fourth consecutive year after four years of decline. Overall, imports, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2007; however, from 2008 to 2019, imports stood at a somewhat lower figure.

In value terms, oleo oils imports skyrocketed to $X in 2019. In general, imports, however, showed a deep slump. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2012 to 2019, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2019, Denmark (X tonnes) constituted the largest supplier of oleo oils to Norway, with a X% share of total imports. Moreover, oleo oils imports from Denmark exceeded the figures recorded by the second-largest supplier, Sweden (X kg), eightfold.

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

In value terms, Denmark ($X) constituted the largest supplier of oleo oils to Norway, comprising X% of total imports. The second position in the ranking was occupied by Poland ($X), with a X% share of total imports.

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

Import Prices by Country

The average oleo oils import price stood at $X per tonne in 2019, increasing by X% against the previous year. In general, the import price showed a pronounced increase. The pace of growth was the most pronounced in 2009 when the average import price increased by X% y-o-y. Over the period under review, average import prices reached the peak figure at $X per tonne in 2015; however, from 2016 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 Poland ($X per tonne), while the price for Sweden ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Poland, 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 lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in the world?
+
The countries with the highest volumes of oleo oils consumption in 2019 were China (5.6M tonnes), the U.S. (2.8M tonnes) and India (2.3M tonnes), together comprising 27% of global consumption. Japan, Germany, Russia, Pakistan, Brazil, Bangladesh, Indonesia, France, Mexico and Nigeria lagged somewhat behind, together accounting for a further 30%.
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 2019 were China (5.6M tonnes), the U.S. (2.8M tonnes) and India (2.3M tonnes), with a combined 28% share of global production. Japan, Germany, Russia, Pakistan, Brazil, Bangladesh, Indonesia, France, Mexico and Nigeria lagged somewhat behind, together comprising a further 30%.
What are the leading suppliers of lard stearin, lard oil, oleostearin, oleo-oil and tallow oil to Norway?
+
In value terms, Denmark ($1.8K) constituted the largest supplier of oleo oils to Norway, comprising 29% of total imports. The second position in the ranking was occupied by Poland ($172), with a 2.7% share of total imports.
What is the average export price for lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in Norway?
+
The average oleo oils export price stood at $1,127 per tonne in 2015, approximately equating the previous year.
What is the average import price for lard stearin, lard oil, oleostearin, oleo-oil and tallow oil in Norway?
+
In 2019, the average oleo oils import price amounted to $1,932 per tonne, growing by 16% 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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
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, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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