The 2023 data reveals Finland as the dominant importer of tall oil, holding nearly 45% of the global share, followed by Japan and Austria. Notable year-on-year changes include significant growth in Sweden's imports by 16.87%, France by 25.38%, and China's by 3.89%, while the United States and Germany experienced declines. Some countries like Zimbabwe and Mozambique witnessed exceptional growths of 37.88% and 28.95%, respectively, despite having smaller shares.
Looking forward, the trend suggests growing demand in Asia, particularly in China and India. Environmental concerns and sustainability focus may drive increased usage of bio-based products, influencing tall oil demand.
Top countries in Import of Tall Oil Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Finland | 44.59 | 2023 | +3.13% | +3.47% | View data |
| 2 | 2 Japan | 16.2 | 2023 | +0.26% | -0.066% | View data |
| 3 | 3 Austria | 9.32 | 2023 | +1.12% | +1.51% | View data |
| 4 | 4 China | 6.29 | 2023 | +3.77% | +3.89% | View data |
| 5 | 5 Sweden | 5.2 | 2023 | -13.43% | +16.87% | View data |
| 6 | 6 United Kingdom | 4.97 | 2023 | +2.72% | -1.25% | View data |
| 7 | 7 South Africa | 2.99 | 2023 | +2.76% | +2.76% | View data |
| 8 | 8 Netherlands | 2.69 | 2023 | +1.1% | +0.19% | View data |
| 9 | 9 United States | 2.38 | 2023 | -4.14% | -2.47% | View data |
| 10 | 10 France | 2.37 | 2023 | -2.17% | +25.38% | View data |