In 2023, Finland dominated the European import share of Tall Oil, accounting for 62.26% of the market. It was followed by Austria with 12.35%, and the United Kingdom with 8.1%. Minor players like Cyprus and Hungary held very small shares. YoY comparisons show varied trends: Finland's share grew by 3.39%, while Germany's and Spain's shares decreased by over 6%. Over the last five years, the compounded annual growth rate highlighted stable increases for countries like France, while others such as Hungary saw significant declines.
Looking ahead, the focus will be on how sustainable practices and increased demand for bio-based chemicals impact these imports. Finland's dominant position suggests it might benefit from any green shifts. Watch for changes in trade policies, especially those pushing for eco-friendly resources, which could affect import shares among European countries.
Top countries in Import of Tall Oil Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Finland | 62.26 | 2023 | +3.64% | +3.39% | View data |
| 2 | 2 Austria | 12.35 | 2023 | +0.42% | +0.37% | View data |
| 3 | 3 United Kingdom | 8.1 | 2023 | +3.28% | +1.78% | View data |
| 4 | 4 France | 5.24 | 2023 | +18.7% | +19.09% | View data |
| 5 | 5 Netherlands | 3.36 | 2023 | +9% | -2.29% | View data |
| 6 | 6 Sweden | 1.79 | 2021 | -12.14% | -44.95% | View data |
| 7 | 7 Germany | 1.77 | 2023 | -6.81% | -6.18% | View data |
| 8 | 8 Italy | 1.27 | 2023 | +11.03% | +3.26% | View data |
| 9 | 9 Belgium | 0.62 | 2023 | +4.04% | +6.71% | View data |
| 10 | 10 Portugal | 0.21 | 2023 | +24.36% | +5.58% | View data |
