Latest Report Update: Apr 17, 2021

Norway - Sunflower Oilcake - Market Analysis, Forecast, Size, Trends And Insights
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Norway: Sunflower Oilcake Market Overview 2021

Sunflower Oilcake Market Size in Norway

The Norwegian sunflower oilcake market skyrocketed to $X in 2019, increasing by X% against the previous year. In general, the total consumption indicated noticeable growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2013 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Sunflower Oilcake Production in Norway

In value terms, sunflower oilcake production rose markedly to $X in 2019 estimated in export prices. Overall, production, however, posted resilient growth. The most prominent rate of growth was recorded in 2009 when the production volume increased by X% year-to-year. Over the period under review, production hit record highs in 2019 and is expected to retain growth in the near future.

Sunflower Oilcake Exports

Exports from Norway

In 2019, the amount of sunflower oilcake exported from Norway fell significantly to X tonnes, reducing by -X% against the previous year. Over the period under review, exports saw a dramatic slump. The smallest decline of -X% was in 2009. Over the period under review, exports attained the maximum at X tonnes in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.

In value terms, sunflower oilcake exports shrank significantly to $X in 2019. In general, exports recorded a dramatic downturn. The smallest decline of -X% was in 2009. Over the period under review, exports reached the peak figure at $X in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Denmark (X tonnes) was the main destination for sunflower oilcake exports from Norway, accounting for a approx. X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of volume to Denmark totaled -X%.

In value terms, Denmark ($X) also remains the key foreign market for sunflower oilcake exports from Norway.

From 2007 to 2019, the average annual growth rate of value to Denmark stood at -X%.

Export Prices by Country

In 2019, the average sunflower oilcake export price amounted to $X per tonne, increasing by X% against the previous year. In general, the export price showed a mild expansion. 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 Denmark.

From 2007 to 2019, the rate of growth in terms of prices for Denmark amounted to +X% per year.

Sunflower Oilcake Imports

Imports into Norway

After four years of decline, overseas purchases of sunflower oilcake increased by X% to X tonnes in 2019. Overall, imports, however, saw a drastic downturn. Over the period under review, imports attained the maximum at X tonnes in 2007; however, from 2008 to 2019, imports failed to regain the momentum.

In value terms, sunflower oilcake imports soared to $X in 2019. Over the period under review, imports, however, recorded a noticeable slump. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2007; however, from 2008 to 2019, imports failed to regain the momentum.

Imports by Country

Russia (X tonnes), Ukraine (X tonnes) and Lithuania (X tonnes) were the main suppliers of sunflower oilcake imports to Norway, with a combined X% share of total imports. These countries were followed by Germany, which accounted for a further X 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany, while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest sunflower oilcake suppliers to Norway were Russia ($X), Ukraine ($X) and Lithuania ($X), with a combined X% share of total imports. These countries were followed by Germany, which accounted for a further X recorded the highest growth rate of 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

The average sunflower oilcake import price stood at $X per tonne in 2019, dropping by -X% against the previous year. Over the period under review, import price indicated a modest expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 an increase of X% y-o-y. Over the period under review, average import prices attained the maximum at $X per tonne in 2018, and then declined in the following year.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Germany, 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 sunflower oilcake in the world?
+
China (16M tonnes) remains the largest sunflower oilcake consuming country worldwide, comprising approx. 17% of total volume. Moreover, sunflower oilcake consumption in China exceeded the figures recorded by the second-largest consumer, India (6.3M tonnes), threefold. The third position in this ranking was occupied by the U.S. (5.4M tonnes), with a 6% share.
What are the largest producers of sunflower oilcake in the world?
+
The country with the largest volume of sunflower oilcake production was China (15M tonnes), accounting for 17% of total volume. Moreover, sunflower oilcake production in China exceeded the figures recorded by the second-largest producer, India (6M tonnes), threefold. The U.S. (5.4M tonnes) ranked third in terms of total production with a 5.9% share.
What are the leading suppliers of sunflower oilcake to Norway?
+
In value terms, the largest sunflower oilcake suppliers to Norway were Russia ($3.4M), Ukraine ($2.8M) and Lithuania ($857K), with a combined 89% share of total imports. These countries were followed by Germany, which accounted for a further 4.9%.
What are the leading importers of sunflower oilcake from Norway?
+
In value terms, Denmark ($4.4K) remains the key foreign market for sunflower oilcake exports from Norway.
What is the average export price for sunflower oilcake in Norway?
+
The average sunflower oilcake export price stood at $427 per tonne in 2019, rising by 49% against the previous year.
What is the average import price for sunflower oilcake in Norway?
+
In 2019, the average sunflower oilcake import price amounted to $304 per tonne, reducing by -14.1% against the previous year.

Product coverage:
• Prodcom 10414150 - Oilcake and other solid residues resulting from the extraction of sunflower seed fats or oils

This report provides an in-depth analysis of the sunflower oilcake 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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