Germany: Industrial Oleic Acid Market 2025

Industrial Oleic Acid Market Size in Germany

In 2021, the German industrial oleic acid market increased by 49% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, the total consumption indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +2.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Industrial oleic acid consumption peaked at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Industrial Oleic Acid Production in Germany

In value terms, industrial oleic acid production skyrocketed to $X in 2021 estimated in export price. In general, production saw buoyant growth. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Industrial Oleic Acid Exports

Exports from Germany

After seven years of growth, overseas shipments of industrial oleic acid decreased by -5.5% to X tons in 2021. Over the period under review, exports, however, saw resilient growth. The most prominent rate of growth was recorded in 2015 when exports increased by 67%. The exports peaked at X tons in 2020, and then dropped in the following year.

In value terms, industrial oleic acid exports surged to $X in 2021. Overall, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2017 when exports increased by 48%. Over the period under review, the exports attained the maximum in 2021 and are likely to see gradual growth in the near future.

Exports by Country

Italy (X tons), Belgium (X tons) and the Netherlands (X tons) were the main destinations of industrial oleic acid exports from Germany, together accounting for 52% of total exports. These countries were followed by Spain, the UK, Malaysia, Sweden, France and Austria, which together accounted for a further 39%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Malaysia (with a CAGR of +211.6%), while the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Italy ($X) and Spain ($X) were the largest markets for industrial oleic acid exported from Germany worldwide, with a combined 49% share of total exports. The Netherlands, the UK, Sweden, Malaysia, France and Austria lagged somewhat behind, together accounting for a further 40%.

Malaysia, with a CAGR of +195.0%, recorded the highest growth rate of the value of exports, among 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

In 2021, the average industrial oleic acid export price amounted to $X per ton, picking up by 44% against the previous year. Over the period under review, export price indicated a modest expansion from 2012 to 2021: its price increased at an average annual rate of +1.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, industrial oleic acid export price increased by +58.0% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major export markets. In 2021, the countries with the highest prices were Spain ($X per ton) and Sweden ($X per ton), while the average price for exports to Italy ($X per ton) and Malaysia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.

Industrial Oleic Acid Imports

Imports into Germany

In 2021, the amount of industrial oleic acid imported into Germany reduced slightly to X tons, which is down by -3.1% on 2020 figures. Overall, total imports indicated a pronounced expansion from 2012 to 2021: its volume increased at an average annual rate of +2.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +83.6% against 2013 indices. The most prominent rate of growth was recorded in 2018 with an increase of 60% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2020, and then fell in the following year.

In value terms, industrial oleic acid imports skyrocketed to $X in 2021. Over the period under review, imports, however, recorded noticeable growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands (X tons), Belgium (X tons) and Indonesia (X tons) were the main suppliers of industrial oleic acid imports to Germany, with a combined 86% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +6.9%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest industrial oleic acid suppliers to Germany were the Netherlands ($X), Belgium ($X) and Italy ($X), together comprising 85% of total imports.

Belgium, with a CAGR of +9.3%, saw the highest growth rate of 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

The average industrial oleic acid import price stood at $X per ton in 2021, picking up by 63% against the previous year. Overall, import price indicated a perceptible increase from 2012 to 2021: its price increased at an average annual rate of +2.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, industrial oleic acid import price increased by +85.3% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2021, the highest price was recorded for prices from the Czech Republic ($X per ton) and Malaysia ($X per ton), while the price for the Netherlands ($X per ton) and Indonesia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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