Report Update Nov 1, 2024

Spain - Tall Oil - Market Analysis, Forecast, Size, Trends and Insights

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Spain: Tall Oil Market 2024

Tall Oil Market Size in Spain

The Spanish tall oil market contracted modestly to $X in 2021, with a decrease of -2.8% against the previous year. Over the period under review, consumption recorded a perceptible decrease. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Tall Oil Production in Spain

In value terms, tall oil production contracted to $X in 2021 estimated in export price. In general, production, however, saw a perceptible downturn. The most prominent rate of growth was recorded in 2013 with an increase of 14%. As a result, production attained the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Tall Oil Exports

Exports from Spain

In 2021, the amount of tall oil exported from Spain rose remarkably to X tons, picking up by 7.7% on 2020. Overall, exports, however, showed a slight curtailment. The pace of growth appeared the most rapid in 2018 with an increase of 44% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, tall oil exports rose markedly to $X in 2021. In general, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when exports increased by 82%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

France (X tons) was the main destination for tall oil exports from Spain, accounting for a approx. 99% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to France was relatively modest.

In value terms, France ($X) also remains the key foreign market for tall oil exports from Spain.

From 2012 to 2021, the average annual growth rate of value to France was relatively modest.

Export Prices by Country

The average tall oil export price stood at $X per ton in 2021, picking up by 1.5% against the previous year. In general, export price indicated a slight expansion from 2012 to 2021: its price increased at an average annual rate of +1.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, tall oil export price increased by +10.8% against 2019 indices. The growth pace was the most rapid in 2016 an increase of 74%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for France.

From 2012 to 2021, the rate of growth in terms of prices for France amounted to +1.2% per year.

Tall Oil Imports

Imports into Spain

In 2021, purchases abroad of tall oil decreased by -64% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, imports continue to indicate a pronounced descent. The growth pace was the most rapid in 2020 with an increase of 49%. As a result, imports reached the peak of X tons, and then contracted markedly in the following year.

In value terms, tall oil imports dropped notably to $X in 2021. Overall, imports saw a deep reduction. The most prominent rate of growth was recorded in 2014 with an increase of 55%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Finland (X tons), France (X tons) and Sweden (X tons) were the main suppliers of tall oil imports to Spain, with a combined 98% share of total imports.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of -0.9%), while purchases for the other leaders experienced a decline.

In value terms, Finland ($X) constituted the largest supplier of tall oil to Spain, comprising 68% of total imports. The second position in the ranking was held by France ($X), with a 28% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Finland amounted to -2.7%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-4.0% per year) and Sweden (-24.0% per year).

Import Prices by Country

The average tall oil import price stood at $X per ton in 2021, increasing by 58% against the previous year. Overall, the import price, however, continues to indicate a mild shrinkage. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+2.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tall oil in the world?

The countries with the highest volumes of tall oil consumption in 2021 were China, the United States and India, together accounting for 48% of global consumption. Japan, Germany, Russia, Nigeria, Brazil, the UK, Canada and Turkey lagged somewhat behind, together accounting for a further 27%.

What are the largest producers of tall oil in the world?

The countries with the highest volumes of tall oil production in 2021 were China, the United States and India, with a combined 48% share of global production. These countries were followed by Japan, Russia, Germany, Brazil, Nigeria, the UK, Canada and Turkey, which together accounted for a further 27%.

What are the leading suppliers of tall oil to Spain?

In value terms, Finland constituted the largest supplier of tall oil to Spain, comprising 68% of total imports. The second position in the ranking was occupied by France, with a 28% share of total imports.

What are the leading importers of tall oil from Spain?

In value terms, France remains the key foreign market for tall oil exports from Spain.

What is the average export price for tall oil in Spain?

The average tall oil export price stood at $329 per ton in 2021, with an increase of 1.5% against the previous year.

What is the average import price for tall oil in Spain?

The average tall oil import price stood at $1,790 per ton in 2021, picking up by 29% against the previous year.

This report provides an in-depth analysis of the tall 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 2030.

Product coverage:

Prodcom 20147130 - Tall oil, whether or not refined

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023