Global Chemically Modified Oils Market 2024

Chemically Modified Oils Market Size

The global chemically modified oils market stood at $X in 2022, growing by X% against the previous year. Over the period under review, the total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2012 indices. Over the period under review, the global market reached the maximum level in 2022 and is likely to see gradual growth in the immediate term.

Chemically Modified Oils Production

In value terms, chemically modified oils production expanded to $X in 2022 estimated in export price. In general, the total production indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2013 indices. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. Global production peaked in 2022 and is likely to continue growth in the immediate term.

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Chemically Modified Oils Exports

Exports

In 2022, approx. X tons of animal or vegetable fats and oils chemically modified were exported worldwide; with an increase of X% compared with the previous year's figure. Overall, exports showed strong growth. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The global exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, chemically modified oils exports surged to $X in 2022. Over the period under review, exports recorded a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The global exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

China (X tons) and the Netherlands (X tons) represented roughly X% of total exports in 2022. Malaysia (X tons) ranks next in terms of the total exports with a X% share, followed by Belgium (X%), the United States (X%) and Spain (X%). Canada (X tons), the UK (X tons), Germany (X tons), Indonesia (X tons), Italy (X tons), Poland (X tons) and Russia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest chemically modified oils supplying countries worldwide were China ($X), the Netherlands ($X) and Malaysia ($X), together comprising X% of global exports. Belgium, Spain, the United States, Canada, the UK, Germany, Poland, Italy, Indonesia and Russia lagged somewhat behind, together comprising a further X%.

Spain, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average chemically modified oils export price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chemically modified oils export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. The global export price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Spain ($X per ton) and Belgium ($X per ton), while Russia ($X per ton) and Indonesia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the other global leaders experienced more modest paces of growth.

Chemically Modified Oils Imports

Imports

In 2022, the amount of animal or vegetable fats and oils chemically modified imported worldwide rose sharply to X tons, picking up by X% on the previous year's figure. In general, imports enjoyed a strong increase. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, global imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, chemically modified oils imports soared to $X in 2022. Overall, imports recorded strong growth. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Global imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

The Netherlands was the key importing country with an import of about X tons, which finished at X% of total imports. Singapore (X tons) held the second position in the ranking, followed by Spain (X tons), Germany (X tons), Finland (X tons), Malaysia (X tons) and the United States (X tons). All these countries together held near X% share of total imports. The UK (X tons), Belgium (X tons), Sweden (X tons), Portugal (X tons), France (X tons) and Austria (X tons) took a little share of total imports.

Imports into the Netherlands increased at an average annual rate of X% from 2012 to 2022. At the same time, Singapore (X%), Finland (X%), Malaysia (X%), Portugal (X%), the United States (X%), Sweden (X%), France (X%), Spain (X%), Belgium (X%), Austria (X%), Germany (X%) and the UK (X%) displayed positive paces of growth. Moreover, Singapore emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. Singapore (X p.p.), Spain (X p.p.), the Netherlands (X p.p.), Finland (X p.p.), Malaysia (X p.p.), the United States (X p.p.), Portugal (X p.p.), Sweden (X p.p.) and Belgium (X p.p.) significantly strengthened its position in terms of the global imports, while the UK and Germany saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) constitutes the largest market for imported animal or vegetable fats and oils chemically modified worldwide, comprising X% of global imports. The second position in the ranking was taken by Singapore ($X), with an X% share of global imports. It was followed by Spain, with an X% share.

In the Netherlands, chemically modified oils imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Singapore (X% per year) and Spain (X% per year).

Import Prices by Country

The average chemically modified oils import price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chemically modified oils import price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in France ($X per ton) and Portugal ($X per ton), while the Netherlands ($X per ton) and Malaysia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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