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Sweden - Soybean Oil - Market Analysis, Forecast, Size, Trends and Insights
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Sweden: Soybean Oil Market Overview 2021

Soybean Oil Market Size in Sweden

The Swedish soybean oil market reached $X in 2020, standing approx. at the previous year. Over the period under review, consumption, however, showed a abrupt descent. The pace of growth was the most pronounced in 2013 when the market value increased by X% against the previous year. Soybean oil consumption peaked at $X in 2007; however, from 2008 to 2020, consumption stood at a somewhat lower figure.

Soybean Oil Production in Sweden

In value terms, soybean oil production contracted modestly to $X in 2020 estimated in export prices. Over the period under review, the total production indicated a strong increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2010 when the production volume increased by X% y-o-y. Soybean oil production peaked at $X in 2019, and then shrank in the following year.

Soybean Oil Exports

Exports from Sweden

In 2020, overseas shipments of soybean oil decreased by -X% to X tonnes, falling for the third year in a row after three years of growth. Overall, exports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2012 when exports increased by X% year-to-year. As a result, exports reached the peak of X tonnes. From 2013 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, soybean oil exports contracted notably to $X in 2020. Over the period under review, exports showed a abrupt decline. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, exports hit record highs at $X in 2012; however, from 2013 to 2020, exports remained at a lower figure.

Exports by Country

Norway (X tonnes), Germany (X tonnes) and the Netherlands (X tonnes) were the main destinations of soybean oil exports from Sweden, together accounting for X% of total exports.

From 2007 to 2020, the biggest increases were in Germany, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X), Austria ($X) and Germany ($X) were the largest markets for soybean oil exported from Sweden worldwide, with a combined X% share of total exports.

Germany saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2020, the average soybean oil export price amounted to $X per tonne, reducing by -X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% year-to-year. As a result, export price reached the peak level of $X per tonne. From 2014 to 2020, the growth in terms of the average export prices failed to regain the momentum.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Austria ($X per tonne), while the average price for exports to Uzbekistan ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Norway, while the prices for the other major destinations experienced a decline.

Soybean Oil Imports

Imports into Sweden

In 2020, approx. X tonnes of soybean oil were imported into Sweden; waning by -X% against the year before. Over the period under review, imports recorded a abrupt setback. The growth pace was the most rapid in 2016 with an increase of X% year-to-year. Over the period under review, imports reached the peak figure at X tonnes in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

In value terms, soybean oil imports contracted to $X in 2020. Overall, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Imports peaked at $X in 2008; however, from 2009 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Norway (X tonnes) constituted the largest supplier of soybean oil to Sweden, with a X% share of total imports. Moreover, soybean oil imports from Norway exceeded the figures recorded by the second-largest supplier, Germany (X tonnes), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume from Norway stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and Denmark (-X% per year).

In value terms, Norway ($X) constituted the largest supplier of soybean oil to Sweden, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from Norway stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and Denmark (-X% per year).

Import Prices by Country

The average soybean oil import price stood at $X per tonne in 2020, remaining relatively unchanged against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2011; however, from 2012 to 2020, import prices failed to regain the momentum.

Average prices varied somewhat amongst the major supplying countries. In 2020, the country with the highest price was Denmark ($X per tonne), while the price for Norway ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Denmark, 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 soybean oil in the world?
+
The country with the largest volume of soybean oil consumption was China (40M tonnes), comprising approx. 48% of total volume. Moreover, soybean oil consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (10M tonnes), fourfold. Brazil (9.4M tonnes) ranked third in terms of total consumption with a 11% share.
What are the largest producers of soybean oil in the world?
+
China (39M tonnes) remains the largest soybean oil producing country worldwide, accounting for 48% of total volume. Moreover, soybean oil production in China exceeded the figures recorded by the second-largest producer, the U.S. (11M tonnes), threefold. The third position in this ranking was occupied by Brazil (10M tonnes), with a 12% share.
What are the leading suppliers of soybean oil to Sweden?
+
In value terms, Norway ($17M) constituted the largest supplier of soybean oil to Sweden, comprising 86% of total imports. The second position in the ranking was occupied by Germany ($1M), with a 5.1% share of total imports.
What are the leading importers of soybean oil from Sweden?
+
In value terms, Norway ($2.4M), Austria ($1.5M) and Germany ($1.5M) were the largest markets for soybean oil exported from Sweden worldwide, with a combined 60% share of total exports.
What is the average export price for soybean oil in Sweden?
+
The average soybean oil export price stood at $1,295 per tonne in 2020, dropping by -5.1% against the previous year.
What is the average import price for soybean oil in Sweden?
+
In 2020, the average soybean oil import price amounted to $768 per tonne, approximately equating the previous year.

Product coverage:
• FCL 237 - Oil of Soybeans

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

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