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Norway - Refined Sunflower-Seed And Safflower Oil - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

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Norway: Overview of the Market for Sunflower-Seed Or Safflower Oil, Refined, But Not Chemically Modified 2021

Market Size for Sunflower-Seed Or Safflower Oil, Refined, But Not Chemically Modified in Norway

The Norwegian market for sunflower-seed or safflower oil, refined, but not chemically modified contracted to $X in 2019, shrinking by -X% against the previous year. In general, consumption, however, continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2010 when the market value increased by X% year-to-year. Consumption peaked at $X in 2007; however, from 2008 to 2019, consumption remained at a lower figure.

Production of Sunflower-Seed Or Safflower Oil, Refined, But Not Chemically Modified in Norway

In value terms, production of sunflower-seed or safflower oil, refined, but not chemically modified declined to $X in 2019 estimated in export prices. Over the period under review, production, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2010 when the production volume increased by X% year-to-year. Over the period under review, production hit record highs at $X in 2007; however, from 2008 to 2019, production stood at a somewhat lower figure.

Exports of Sunflower-Seed Or Safflower Oil, Refined, But Not Chemically Modified

Exports from Norway

In 2019, shipments abroad of sunflower-seed or safflower oil, refined, but not chemically modified increased by X% to X tonnes, rising for the ninth year in a row after three years of decline. Over the period under review, exports saw a significant increase. As a result, exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of sunflower-seed or safflower oil, refined, but not chemically modified soared to $X in 2019. Overall, exports showed a buoyant expansion. As a result, exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Poland (X tonnes) and the Netherlands (X tonnes) were the main destinations of exports of sunflower-seed or safflower oil, refined, but not chemically modified from Norway, with a combined X% share of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands.

In value terms, Poland ($X) remains the key foreign market for sunflower-seed or safflower oil, refined, but not chemically modified exports from Norway, comprising X% of total exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of value to Poland stood at +X%.

Export Prices by Country

In 2019, the average export price for sunflower-seed or safflower oil, refined, but not chemically modified amounted to $X per tonne, waning by -X% against the previous year. Overall, the export price showed a abrupt slump. The most prominent rate of growth was recorded in 2010 an increase of X% y-o-y. Over the period under review, average export prices attained the peak figure at $X per tonne in 2007; however, from 2008 to 2019, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Poland ($X per tonne), while the average price for exports to the Netherlands 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 Sunflower-Seed Or Safflower Oil, Refined, But Not Chemically Modified

Imports into Norway

For the sixth consecutive year, Norway recorded growth in overseas purchases of sunflower-seed or safflower oil, refined, but not chemically modified, which increased by X% to X tonnes in 2019. In general, imports showed a buoyant expansion. The growth pace was the most rapid in 2010 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum in 2019 and are expected to retain growth in the immediate term.

In value terms, imports of sunflower-seed or safflower oil, refined, but not chemically modified expanded sharply to $X in 2019. Overall, imports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Imports peaked at $X in 2012; however, from 2013 to 2019, imports remained at a lower figure.

Imports by Country

The Netherlands (X tonnes), Germany (X tonnes) and Sweden (X tonnes) were the main suppliers of imports of sunflower-seed or safflower oil, refined, but not chemically modified to Norway, together accounting for X% of total imports.

From 2007 to 2019, the biggest increases were in the Netherlands (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest sunflower-seed or safflower oil, refined, but not chemically modified suppliers to Norway were the Netherlands ($X), Germany ($X) and Sweden ($X), together comprising X% of total imports.

The Netherlands (+X% per year) 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 more modest paces of growth.

Import Prices by Country

In 2019, the average import price for sunflower-seed or safflower oil, refined, but not chemically modified amounted to $X per tonne, reducing by -X% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 an increase of X% year-to-year. As a result, import price reached the peak level of $X per tonne. From 2012 to 2019, the growth in terms of the average import prices failed to regain the momentum.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Italy, 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 sunflower-seed or safflower oil, refined, but not chemically modified in the world?
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The country with the largest volume of consumption of sunflower-seed or safflower oil, refined, but not chemically modified was China (7.3M tonnes), comprising approx. 17% of total volume. Moreover, consumption of sunflower-seed or safflower oil, refined, but not chemically modified in China exceeded the figures recorded by the second-largest consumer, India (2.7M tonnes), threefold. The third position in this ranking was occupied by the U.S. (2.4M tonnes), with a 5.7% share.
What are the largest producers of sunflower-seed or safflower oil, refined, but not chemically modified in the world?
+
The country with the largest volume of production of sunflower-seed or safflower oil, refined, but not chemically modified was China (7.3M tonnes), comprising approx. 17% of total volume. Moreover, production of sunflower-seed or safflower oil, refined, but not chemically modified in China exceeded the figures recorded by the second-largest producer, India (2.7M tonnes), threefold. The third position in this ranking was occupied by the U.S. (2.4M tonnes), with a 5.6% share.
What are the leading suppliers of sunflower-seed or safflower oil, refined, but not chemically modified to Norway?
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In value terms, the largest sunflower-seed or safflower oil, refined, but not chemically modified suppliers to Norway were the Netherlands ($3.1M), Germany ($2.3M) and Sweden ($2M), together accounting for 62% of total imports.
What are the leading importers of sunflower-seed or safflower oil, refined, but not chemically modified from Norway?
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In value terms, Poland ($65K) remains the key foreign market for sunflower-seed or safflower oil, refined, but not chemically modified exports from Norway, comprising 77% of total exports. The second position in the ranking was occupied by the Netherlands ($20K), with a 23% share of total exports.
What is the average export price for sunflower-seed or safflower oil, refined, but not chemically modified in Norway?
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In 2019, the average export price for sunflower-seed or safflower oil, refined, but not chemically modified amounted to $1,006 per tonne, with a decrease of -18.7% against the previous year.
What is the average import price for sunflower-seed or safflower oil, refined, but not chemically modified in Norway?
+
The average import price for sunflower-seed or safflower oil, refined, but not chemically modified stood at $1,192 per tonne in 2019, which is down by -3.2% against the previous year.

Product coverage:
• Prodcom 10415400 - Refined sunflower-seed and safflower oil and their fractions (excluding chemically modified)

This report provides an in-depth analysis of the market for sunflower-seed or safflower oil, refined, but not chemically modified 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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