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Spain - Refined Soybean Oil And Its Fractions - Market Analysis, Forecast, Size, Trends And Insights
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Spain: Refined Soybean Oil Market Overview 2021

Refined Soybean Oil Market Size in Spain

The Spanish refined soybean oil market was finally on the rise to reach $X in 2019, after three years of decline. Over the period under review, consumption, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2011 when the market value increased by X% y-o-y. Refined soybean oil consumption peaked at $X in 2008; however, from 2009 to 2019, consumption remained at a lower figure.

Refined Soybean Oil Production in Spain

In value terms, refined soybean oil production declined to $X in 2019 estimated in export prices. Over the period under review, production recorded a abrupt decline. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Over the period under review, production attained the maximum level at $X in 2008; however, from 2009 to 2019, production stood at a somewhat lower figure.

Refined Soybean Oil Exports

Exports from Spain

Refined soybean oil exports from Spain declined markedly to X tonnes in 2019, with a decrease of -X% compared with 2018 figures. Over the period under review, exports, however, recorded a notable increase. The pace of growth was the most pronounced in 2010 when exports increased by X% against the previous year. Exports peaked at X tonnes in 2014; however, from 2015 to 2019, exports failed to regain the momentum.

In value terms, refined soybean oil exports reduced remarkably to $X in 2019. In general, exports, however, enjoyed perceptible growth. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Exports peaked at $X in 2012; however, from 2013 to 2019, exports stood at a somewhat lower figure.

Exports by Country

South Africa (X tonnes), France (X tonnes) and Portugal (X tonnes) were the main destinations of refined soybean oil exports from Spain, with a combined X% share of total exports. These countries were followed by New Zealand and Israel, which together accounted for a further X 2007 to 2019, the biggest increases were in New Zealand (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), France ($X) and Portugal ($X) appeared to be the largest markets for refined soybean oil exported from Spain worldwide, together accounting for X% of total exports. These countries were followed by New Zealand and Israel, which together accounted for a further X Zealand (+X% per year) saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average refined soybean oil export price stood at $X per tonne in 2019, with an increase of X% against the previous year. Overall, the export price, however, showed a mild reduction. The most prominent rate of growth was recorded in 2011 an increase of X% year-to-year. As a result, export price reached the peak level of $X per tonne. From 2012 to 2019, the growth in terms of the average export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2019, the countries with the highest prices were Portugal ($X per tonne) and France ($X per tonne), while the average price for exports to Israel ($X per tonne) and South Africa ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Portugal, while the prices for the other major destinations experienced a decline.

Refined Soybean Oil Imports

Imports into Spain

In 2019, purchases abroad of refined soybean oil and its fractions was finally on the rise to reach X tonnes for the first time since 2016, thus ending a two-year declining trend. Overall, imports, however, saw a perceptible curtailment. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tonnes in 2014; however, from 2015 to 2019, imports remained at a lower figure.

In value terms, refined soybean oil imports surged to $X in 2019. In general, imports, however, continue to indicate a mild contraction. The pace of growth was the most pronounced in 2016 when imports increased by X% year-to-year. Imports peaked at $X in 2014; however, from 2015 to 2019, imports failed to regain the momentum.

Imports by Country

Viet Nam (X tonnes), the Netherlands (X tonnes) and Belgium (X tonnes) were the main suppliers of refined soybean oil imports to Spain, with a combined X% share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Viet Nam (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest refined soybean oil suppliers to Spain were Viet Nam ($X), Belgium ($X) and the Netherlands ($X), with a combined X% share of total imports.

Viet Nam (+X% per year) recorded the highest rates of growth with regard to the value of imports, among 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 refined soybean oil import price amounted to $X per tonne, declining by -X% against the previous year. In general, import price indicated a temperate 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 pace of growth appeared the most rapid in 2017 an increase of X% year-to-year. The import price peaked at $X per tonne in 2011; however, from 2012 to 2019, import prices remained at a lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the UK, 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 refined soybean oil and its fractions in the world?
+
China (1.8M tonnes) remains the largest refined soybean oil consuming country worldwide, comprising approx. 16% of total volume. Moreover, refined soybean oil consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (808K tonnes), twofold. India (734K tonnes) ranked third in terms of total consumption with a 6.6% share.
What are the largest producers of refined soybean oil and its fractions in the world?
+
China (2M tonnes) remains the largest refined soybean oil producing country worldwide, accounting for 17% of total volume. Moreover, refined soybean oil production in China exceeded the figures recorded by the second-largest producer, the U.S. (806K tonnes), twofold. India (723K tonnes) ranked third in terms of total production with a 6.4% share.
What are the leading suppliers of refined soybean oil and its fractions to Spain?
+
In value terms, the largest refined soybean oil suppliers to Spain were Viet Nam ($1.1M), Belgium ($923K) and the Netherlands ($659K), together accounting for 82% of total imports.
What are the leading importers of refined soybean oil and its fractions from Spain?
+
In value terms, the largest markets for refined soybean oil exported from Spain were South Africa ($6.2M), France ($5.1M) and Portugal ($4.3M), together accounting for 85% of total exports. These countries were followed by New Zealand and Israel, which together accounted for a further 8.3%.
What is the average export price for refined soybean oil and its fractions in Spain?
+
In 2019, the average refined soybean oil export price amounted to $884 per tonne, surging by 1.9% against the previous year.
What is the average import price for refined soybean oil and its fractions in Spain?
+
In 2019, the average refined soybean oil import price amounted to $1,209 per tonne, reducing by -10.2% against the previous year.

Product coverage:
• Prodcom 10415100 - Refined soya-bean oil and its fractions (excluding chemically modified)

This report provides an in-depth analysis of the refined soybean oil market in Spain. 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:
• Spain

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