In 2023, the Netherlands led European imports of industrial oleic acid with 44.96 million kg, followed by France and Belgium. Notable annual increases were seen in Sweden (8.5%) and Lithuania (20.51%). Conversely, the UK saw a decline of 4.78%. Poland, amidst overall low import volumes, showed a minor decline of 0.51%. Sharp declines were notable in Bulgaria (-43.67%) and Slovakia (-10.38%), indicating fluctuating demand or supply issues. Estonia exhibited significant growth at 65.43%, suggesting emerging market dynamics.
Future trends to watch include potential shifts in demand due to regulatory changes, technological advancements in industrial applications, and economic shifts influencing industrial production across Europe. Additionally, sustainability trends and alternative sourcing may impact future import patterns significantly.
Top countries in Import of Industrial Oleic Acid by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 44,963,000 | 2023 | +6.27% | +5.39% | View data |
| 2 | 2 France | 22,818,000 | 2023 | +5.87% | +6.53% | View data |
| 3 | 3 Belgium | 21,902,000 | 2023 | +9.79% | +3.05% | View data |
| 4 | 4 Sweden | 18,645,000 | 2023 | +9.06% | +8.5% | View data |
| 5 | 5 Italy | 17,670,000 | 2023 | +2.84% | +1.19% | View data |
| 6 | 6 Spain | 13,360,000 | 2023 | +8.27% | -0.98% | View data |
| 7 | 7 Germany | 11,991,000 | 2023 | -0.19% | +0.51% | View data |
| 8 | 8 United Kingdom | 2,564,100 | 2023 | -2.93% | -4.78% | View data |
| 9 | 9 Czechia | 1,031,800 | 2023 | |||
| 10 | 10 Austria | 939,940 | 2023 | +1.47% | +2.65% | View data |
