Report Update Nov 1, 2024

Sweden - Crude Soybean Oil - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Sweden: Crude Soybean Oil Market 2024

Crude Soybean Oil Market Size in Sweden

In 2022, the Swedish crude soybean oil market increased by 33% to $X, rising for the second year in a row after three years of decline. In general, consumption, however, continues to indicate a slight downturn. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Crude Soybean Oil Production in Sweden

In value terms, crude soybean oil production reached $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by 43%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Crude Soybean Oil Exports

Exports from Sweden

In 2022, overseas shipments of crude soybean oil decreased by -74.1% to X tons for the first time since 2016, thus ending a five-year rising trend. In general, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2020 when exports increased by 34,287%. The exports peaked at X tons in 2021, and then contracted significantly in the following year.

In value terms, crude soybean oil exports shrank notably to $X in 2022. Overall, exports recorded a abrupt descent. The pace of growth was the most pronounced in 2020 when exports increased by 53,560%. The exports peaked at $X in 2021, and then declined dramatically in the following year.

Exports by Country

The Netherlands (X tons) was the main destination for crude soybean oil exports from Sweden, accounting for a 100% share of total exports. It was followed by Denmark (X kg), with a 0.1% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands totaled +3.8%.

In value terms, the Netherlands ($X) remains the key foreign market for crude soybean oil exports from Sweden, comprising 100% of total exports. The second position in the ranking was held by Denmark ($X), with a 0.1% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the Netherlands totaled +10.9%.

Export Prices by Country

The average crude soybean oil export price stood at $X per ton in 2022, reducing by -10.6% against the previous year. Over the period under review, the export price recorded a slight decline. The growth pace was the most rapid in 2020 when the average export price increased by 56% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+6.9%), while the prices for the other major destinations experienced a decline.

Crude Soybean Oil Imports

Imports into Sweden

In 2022, overseas purchases of crude soybean oil increased by 13% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a pronounced reduction. The pace of growth appeared the most rapid in 2016 when imports increased by 13%. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, crude soybean oil imports surged to $X in 2022. Overall, imports, however, continue to indicate a mild downturn. The most prominent rate of growth was recorded in 2021 with an increase of 60%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Norway (X tons) was the main supplier of crude soybean oil to Sweden, with a 99% share of total imports. It was followed by Denmark (X tons), with a 0.5% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Norway was relatively modest.

In value terms, Norway ($X) constituted the largest supplier of crude soybean oil to Sweden, comprising 99% of total imports. The second position in the ranking was taken by Denmark ($X), with a 0.4% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Norway amounted to +2.7%.

Import Prices by Country

In 2022, the average crude soybean oil import price amounted to $X per ton, rising by 26% against the previous year. In general, the import price showed notable growth. The most prominent rate of growth was recorded in 2021 an increase of 67% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Norway ($X per ton), while the price for Denmark totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+2.7%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for crude soybean oil in the world?

The countries with the highest volumes of crude soybean oil consumption in 2020 were China, Brazil and the United States, together comprising 63% of global consumption. These countries were followed by India, Argentina, Mexico and Bangladesh, which together accounted for a further 16%.

What are the largest producers of crude soybean oil in the world?

The countries with the highest volumes of crude soybean oil production in 2020 were China, Brazil and the United States, together comprising 64% of global production. These countries were followed by Argentina, India and Mexico, which together accounted for a further 17%.

What are the leading suppliers of crude soybean oil to Sweden?

In value terms, Norway constituted the largest supplier of crude soybean oil to Sweden.

What are the leading importers of crude soybean oil from Sweden?

In value terms, the largest markets for crude soybean oil exported from Sweden were Denmark and Norway.

What is the average export price for crude soybean oil in Sweden?

In 2020, the average crude soybean oil export price amounted to $904 per ton, shrinking by -17.6% against the previous year.

What is the average import price for crude soybean oil in Sweden?

The average crude soybean oil import price stood at $788 per ton in 2020, growing by 4.3% against the previous year.

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

Product coverage:

FCL 237 - Oil of Soybeans

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:

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