Europe: Market for Oleic, Linoleic Or Linolenic Acids, Their Salts And Esters 2025

Market Size for Oleic, Linoleic Or Linolenic Acids, Their Salts And Esters in Europe

The Europe market for oleic, linoleic or linolenic acids, their salts and esters soared to $X in 2021, rising by 63% against the previous year. In general, consumption posted a strong increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Oleic, Linoleic Or Linolenic Acids, Their Salts And Esters in Europe

In value terms, oleic, linoleic or linolenic acids production soared to $X in 2021 estimated in export price. Over the period under review, production posted tangible growth. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Exports of Oleic, Linoleic Or Linolenic Acids, Their Salts And Esters

Exports in Europe

In 2021, the amount of oleic, linoleic or linolenic acids, their salts and esters exported in Europe expanded to X tons, growing by 2.1% compared with 2020. The total export volume increased at an average annual rate of +5.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when exports increased by 52% against the previous year. The volume of export peaked at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, oleic, linoleic or linolenic acids exports surged to $X in 2021. Total exports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +28.6% against 2018 indices. The growth pace was the most rapid in 2013 when exports increased by 39% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

Exports by Country

Italy represented the largest exporting country with an export of around X tons, which resulted at 50% of total exports. It was distantly followed by the Netherlands (X tons), Belgium (X tons) and France (X tons), together mixing up a 31% share of total exports. Germany (X tons), the UK (X tons) and Spain (X tons) took a relatively small share of total exports.

From 2012 to 2021, average annual rates of growth with regard to oleic, linoleic or linolenic acids exports from Italy stood at +9.3%. At the same time, the Netherlands (+9.5%), Belgium (+5.9%) and France (+5.0%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in Europe, with a CAGR of +9.5% from 2012-2021. Germany experienced a relatively flat trend pattern. By contrast, the UK (-6.8%) and Spain (-8.1%) illustrated a downward trend over the same period. While the share of Italy (+14 p.p.) and the Netherlands (+3.8 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Germany (-2.6 p.p.), Spain (-7.5 p.p.) and the UK (-7.6 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($X) remains the largest oleic, linoleic or linolenic acids supplier in Europe, comprising 41% of total exports. The second position in the ranking was held by Belgium ($X), with a 12% share of total exports. It was followed by the Netherlands, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Italy totaled +9.3%. The remaining exporting countries recorded the following average annual rates of exports growth: Belgium (+6.7% per year) and the Netherlands (+7.6% per year).

Export Prices by Country

In 2021, the export price in Europe amounted to $X per ton, picking up by 30% against the previous year. In general, the export price saw a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+5.3%), while the other leaders experienced more modest paces of growth.

Imports of Oleic, Linoleic Or Linolenic Acids, Their Salts And Esters

Imports in Europe

In 2021, oleic, linoleic or linolenic acids imports in Europe expanded sharply to X tons, with an increase of 11% compared with 2020. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 21% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, oleic, linoleic or linolenic acids imports surged to $X in 2021. Total imports indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +2.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +44.3% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany represented the largest importer of oleic, linoleic or linolenic acids, their salts and esters in Europe, with the volume of imports finishing at X tons, which was approx. 33% of total imports in 2021. It was distantly followed by the Netherlands (X tons), Spain (X tons), France (X tons), Belgium (X tons) and Italy (X tons), together creating a 43% share of total imports. Russia (X tons), Ireland (X tons), the UK (X tons), Denmark (X tons), Poland (X tons), Hungary (X tons) and Switzerland (X tons) held a little share of total imports.

Imports into Germany increased at an average annual rate of +4.3% from 2012 to 2021. At the same time, Hungary (+26.2%), Ireland (+21.6%), Poland (+10.5%), Italy (+8.2%), the Netherlands (+7.0%), Russia (+6.3%), Belgium (+5.7%), Spain (+4.0%), the UK (+4.0%), Switzerland (+3.7%) and Denmark (+3.6%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing importer imported in Europe, with a CAGR of +26.2% from 2012-2021. By contrast, France (-5.2%) illustrated a downward trend over the same period. Germany (+8.9 p.p.), the Netherlands (+6.4 p.p.), Ireland (+2.5 p.p.), Belgium (+2.5 p.p.), Italy (+2.3 p.p.) and Spain (+2.1 p.p.) significantly strengthened its position in terms of the total imports, while France saw its share reduced by -5.4% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported oleic, linoleic or linolenic acids, their salts and esters in Europe, comprising 32% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 12% share of total imports. It was followed by Spain, with a 9% share.

In Germany, oleic, linoleic or linolenic acids imports expanded at an average annual rate of +6.1% over the period from 2012-2021. In the other countries, the average annual rates were as follows: the Netherlands (+2.5% per year) and Spain (+4.3% per year).

Import Prices by Country

The import price in Europe stood at $X per ton in 2021, surging by 19% against the previous year. Over the last nine years, it increased at an average annual rate of +1.9%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Switzerland ($X per ton), while Ireland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+2.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform