Report Update Nov 1, 2024

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

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Sweden: Sunflower Oilcake Market 2024

Sunflower Oilcake Market Size in Sweden

The Swedish sunflower oilcake market fell dramatically to $X in 2021, reducing by -17.6% against the previous year. Overall, consumption recorded a slight reduction. As a result, consumption reached the peak level of $X, and then fell notably in the following year.

Sunflower Oilcake Production in Sweden

In value terms, sunflower oilcake production declined rapidly to $X in 2021 estimated in export price. Overall, production saw a noticeable decline. The growth pace was the most rapid in 2020 with an increase of 77%. As a result, production reached the peak level of $X, and then dropped markedly in the following year.

Sunflower Oilcake Exports

Exports from Sweden

For the third consecutive year, Sweden recorded decline in shipments abroad of sunflower oilcake, which decreased by 0% to X kg in 2021. In general, exports showed a precipitous slump. The growth pace was the most rapid in 2018 when exports increased by 368% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, sunflower oilcake exports stood at $X in 2021. Overall, exports faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 413% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

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

From 2012 to 2021, the average annual growth rate of volume to Norway stood at -62.2%.

From 2012 to 2021, the average annual growth rate of value to Norway totaled -57.3%.

Export Prices by Country

The average sunflower oilcake export price stood at $X per ton in 2021, remaining relatively unchanged against the previous year. Overall, the export price saw a significant increase. The pace of growth was the most pronounced in 2015 an increase of 25%. Over the period under review, the average export prices reached the maximum in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the rate of growth in terms of prices for Norway amounted to +13.2% per year.

Sunflower Oilcake Imports

Imports into Sweden

In 2021, imports of sunflower oilcake into Sweden skyrocketed to X tons, increasing by 30% on the year before. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 2,036%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, sunflower oilcake imports soared to $X in 2021. In general, imports posted significant growth. The pace of growth was the most pronounced in 2013 with an increase of 1,607%. Over the period under review, imports reached the maximum in 2021 and are likely to continue growth in the near future.

Imports by Country

In 2021, Russia (X tons) constituted the largest supplier of sunflower oilcake to Sweden, with a 82% share of total imports. Moreover, sunflower oilcake imports from Russia exceeded the figures recorded by the second-largest supplier, Denmark (X tons), more than tenfold. Estonia (X tons) ranked third in terms of total imports with a 6.7% share.

From 2012 to 2021, the average annual growth rate of volume from Russia amounted to +107.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+83.7% per year) and Estonia (0.0% per year).

In value terms, Russia ($X) constituted the largest supplier of sunflower oilcake to Sweden, comprising 83% of total imports. The second position in the ranking was held by Denmark ($X), with a 9.1% share of total imports. It was followed by Estonia, with a 3.3% share.

From 2012 to 2021, the average annual growth rate of value from Russia stood at +112.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+66.5% per year) and Estonia (0.0% per year).

Import Prices by Country

The average sunflower oilcake import price stood at $X per ton in 2021, growing by 22% against the previous year. Overall, the import price, however, recorded a perceptible downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by 24%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Ukraine ($X per ton), while the price for Estonia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+2.5%), 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 sunflower oilcake in the world?

China constituted the country with the largest volume of sunflower oilcake consumption, comprising approx. 19% of total volume. Moreover, sunflower oilcake consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was occupied by the United States, with a 5.6% share.

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

China constituted the country with the largest volume of sunflower oilcake production, accounting for 17% of total volume. Moreover, sunflower oilcake production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was occupied by Ukraine, with a 6.5% share.

What are the leading suppliers of sunflower oilcake to Sweden?

In value terms, Russia constituted the largest supplier of sunflower oilcake to Sweden, comprising 83% of total imports. The second position in the ranking was occupied by Denmark, with a 13% share of total imports.

What are the leading importers of sunflower oilcake from Sweden?

In value terms, the UK $954) remains the key foreign market for sunflower oilcake exports from Sweden.

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

The average sunflower oilcake export price stood at $189 per ton in 2019, stabilizing at the previous year.

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

In 2020, the average sunflower oilcake import price amounted to $275 per ton, waning by -3.8% against the previous year.

This report provides an in-depth analysis of the sunflower 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 10414150 - Oilcake and other solid residues resulting from the extraction of sunflower seed fats or oils

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