Report Update Nov 1, 2024

Sweden - Crude Maize (Corn) Oil - Market Analysis, Forecast, Size, Trends and Insights

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Sweden: Crude Maize Oil Market 2024

Crude Maize Oil Market Size in Sweden

The Swedish crude maize oil market surged to $X in 2022, picking up by 21% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded moderate growth. Crude maize oil consumption peaked in 2022 and is likely to see steady growth in the immediate term.

Crude Maize Oil Exports

Exports from Sweden

In 2022, the amount of crude maize (corn) oil exported from Sweden skyrocketed to X tons, jumping by 70% on the previous year's figure. Overall, exports saw a significant expansion. The pace of growth was the most pronounced in 2015 with an increase of 2,699% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, crude maize oil exports soared to $X in 2022. In general, exports posted a significant expansion. The pace of growth was the most pronounced in 2015 with an increase of 3,433% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.

Exports by Country

Denmark (X tons) was the main destination for crude maize oil exports from Sweden, with a 82% share of total exports. Moreover, crude maize oil exports to Denmark exceeded the volume sent to the second major destination, Finland (X tons), eightfold.

From 2013 to 2022, the average annual rate of growth in terms of volume to Denmark totaled +42.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (+33.0% per year) and Norway (-18.6% per year).

In value terms, Denmark ($X) remains the key foreign market for crude maize (corn) oil exports from Sweden, comprising 82% of total exports. The second position in the ranking was held by Finland ($X), with a 10% share of total exports.

From 2013 to 2022, the average annual growth rate of value to Denmark totaled +44.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (+43.0% per year) and Norway (-10.2% per year).

Export Prices by Country

The average crude maize oil export price stood at $X per ton in 2022, increasing by 12% against the previous year. Over the period under review, the export price posted prominent growth. The growth pace was the most rapid in 2017 when the average export price increased by 81%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Denmark ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+182.0%), while the prices for the other major destinations experienced more modest paces of growth.

Crude Maize Oil Imports

Imports into Sweden

In 2022, the amount of crude maize (corn) oil imported into Sweden stood at X tons, picking up by 10% compared with 2021. Over the period under review, imports posted mild growth. The most prominent rate of growth was recorded in 2018 when imports increased by 73% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, crude maize oil imports soared to $X in 2022. Overall, imports recorded a pronounced increase. The pace of growth appeared the most rapid in 2021 with an increase of 94%. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, Hungary (X tons) constituted the largest supplier of crude maize oil to Sweden, with a 79% share of total imports. Moreover, crude maize oil imports from Hungary exceeded the figures recorded by the second-largest supplier, France (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Hungary amounted to +20.7%.

In value terms, Hungary ($X) constituted the largest supplier of crude maize (corn) oil to Sweden, comprising 83% of total imports. The second position in the ranking was held by France ($X), with a 17% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Hungary totaled +30.6%.

Import Prices by Country

In 2022, the average crude maize oil import price amounted to $X per ton, growing by 16% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2021 an increase of 37% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hungary ($X per ton), while the price for France amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+8.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for crude maize (corn) oil in the world?

The United States remains the largest crude maize oil consuming country worldwide, accounting for 47% of total volume. Moreover, crude maize oil consumption in the United States exceeded the figures recorded by the second-largest consumer, China, threefold. The third position in this ranking was occupied by Brazil, with a 3.2% share.

What are the largest producers of crude maize (corn) oil in the world?

The United States remains the largest crude maize oil producing country worldwide, comprising approx. 50% of total volume. Moreover, crude maize oil production in the United States exceeded the figures recorded by the second-largest producer, China, threefold. Brazil ranked third in terms of total production with a 4.4% share.

What are the leading suppliers of crude maize (corn) oil to Sweden?

In value terms, Hungary constituted the largest supplier of crude maize oil to Sweden, comprising 88% of total imports. The second position in the ranking was occupied by France, with a 12% share of total imports.

What are the leading importers of crude maize (corn) oil from Sweden?

In value terms, Denmark remains the key foreign market for crude maize oil exports from Sweden, comprising 81% of total exports. The second position in the ranking was occupied by Finland, with a 5.9% share of total exports.

What is the average export price for crude maize (corn) oil in Sweden?

In 2021, the average crude maize oil export price amounted to $2,250 per ton, growing by 36% against the previous year.

What is the average import price for crude maize (corn) oil in Sweden?

The average crude maize oil import price stood at $1,307 per ton in 2021, with an increase of 37% against the previous year.

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

Product coverage:

FCL 60 - Oil of Maize

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
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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
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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