Report Update Nov 1, 2024

Sweden - Soybean Oilcake - Market Analysis, Forecast, Size, Trends and Insights

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Sweden: Soybean Oilcake Market 2024

Soybean Oilcake Market Size in Sweden

The Swedish soybean oilcake market was finally on the rise to reach $X in 2021, after two years of decline. Over the period under review, consumption, however, showed a deep contraction. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Soybean Oilcake Production in Sweden

In value terms, soybean oilcake production surged to $X in 2021 estimated in export price. In general, production, however, showed a abrupt shrinkage. The growth pace was the most rapid in 2017 with an increase of 48% against the previous year. Soybean oilcake production peaked at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Soybean Oilcake Exports

Exports from Sweden

In 2021, after two years of growth, there was significant decline in overseas shipments of soybean oilcake, when their volume decreased by 99.9% to X kg. Overall, exports showed a significant decrease. The growth pace was the most rapid in 2020 with an increase of 31,591%. Over the period under review, the exports attained the peak figure at X tons in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, soybean oilcake exports fell sharply to $X in 2021. Over the period under review, exports saw a dramatic descent. The pace of growth was the most pronounced in 2020 when exports increased by 29,047%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

The UK (X kg) was the main destination for soybean oilcake exports from Sweden, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the UK totaled -100.0%.

In value terms, the UK ($X) also remains the key foreign market for soybean oilcake exports from Sweden.

From 2012 to 2021, the average annual rate of growth in terms of value to the UK stood at -100.0%.

Export Prices by Country

The average soybean oilcake export price stood at $X per ton in 2021, growing by 203% against the previous year. Overall, the export price continues to indicate a prominent increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the rate of growth in terms of prices for the UK amounted to +202.9% per year.

Soybean Oilcake Imports

Imports into Sweden

After two years of growth, purchases abroad of soybean oilcake decreased by -5.1% to X tons in 2021. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by 6.7% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, soybean oilcake imports skyrocketed to $X in 2021. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of 21% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Norway (X tons) constituted the largest soybean oilcake supplier to Sweden, accounting for a 57% share of total imports. Moreover, soybean oilcake imports from Norway exceeded the figures recorded by the second-largest supplier, Russia (X tons), threefold. Denmark (X tons) ranked third in terms of total imports with a 9.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Norway was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+7.0% per year) and Denmark (+46.6% per year).

In value terms, Norway ($X) constituted the largest supplier of soybean oilcake to Sweden, comprising 52% of total imports. The second position in the ranking was taken by Russia ($X), with a 19% share of total imports. It was followed by Denmark, with a 9.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Norway was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+7.3% per year) and Denmark (+38.9% per year).

Import Prices by Country

The average soybean oilcake import price stood at $X per ton in 2021, surging by 26% against the previous year. In general, the import price saw a relatively flat trend pattern. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+20.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for soybean oilcake in the world?

China remains the largest soybean oilcake consuming country worldwide, accounting for 17% of total volume. Moreover, soybean oilcake consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 6.8% share.

What are the largest producers of soybean oilcake in the world?

The countries with the highest volumes of in 2021 were China, the United States and Argentina, together comprising 39% of global production. Brazil, India, Japan, Russia, Germany, Bangladesh, Nigeria and Pakistan lagged somewhat behind, together comprising a further 33%.

What are the leading suppliers of soybean oilcake to Sweden?

In value terms, Norway constituted the largest supplier of soybean oilcake to Sweden, comprising 52% of total imports. The second position in the ranking was occupied by Russia, with a 19% share of total imports. It was followed by Denmark, with a 9.8% share.

What is the average export price for soybean oilcake in Sweden?

The average soybean oilcake export price stood at $375 per ton in 2021, growing by 8.4% against the previous year.

What is the average import price for soybean oilcake in Sweden?

In 2021, the average soybean oilcake import price amounted to $620 per ton, with an increase of 26% against the previous year.

This report provides an in-depth analysis of the soybean oilcake 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:

Prodcom 10414130 - Oilcake and other solid residues resulting from the extraction of soya-bean oil

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