The United States leads the global export market for tall oil, contributing significantly with a share of 62.49% in 2023, showing a modest year-on-year growth of 2.03%. Sweden, Russia, and Germany follow, with each holding less than 11% of the market. Notable year-over-year increases are observed in Sweden (4.2%), Netherlands (4.16%), and South Africa (5.0%), while Finland saw a drastic decline of 34.05%. Over a five-year horizon, projected Compound Annual Growth Rates (CAGR) offer insights into future market positions.
Future trends to watch include potential growth in emerging markets such as China and Greece, with China showing a 4.84% rise in 2023. Sustainability and eco-friendly practices in the chemical industry could also impact the production and export dynamics for countries involved in tall oil production. Additionally, economic and geopolitical factors will continue to shape market shares across different regions.
Top countries in Export of Tall Oil Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 62.49 | 2023 | +2.31% | +2.03% | View data |
| 2 | 2 Sweden | 10.94 | 2023 | +1.6% | +4.2% | View data |
| 3 | 3 Russia | 6.77 | 2023 | +3.64% | +2.48% | View data |
| 4 | 4 Germany | 6.45 | 2023 | +2.73% | +3.12% | View data |
| 5 | 5 Netherlands | 4.12 | 2023 | +5.47% | +4.16% | View data |
| 6 | 6 Poland | 2.38 | 2023 | +0.67% | -0.045% | View data |
| 7 | 7 South Africa | 2.31 | 2023 | +5.78% | +5% | View data |
| 8 | 8 Italy | 1.32 | 2023 | +1.93% | +0.53% | View data |
| 9 | 9 Canada | 1.18 | 2023 | -2.28% | +3.82% | View data |
| 10 | 10 Spain | 1.16 | 2023 | +0.8% | +0.5% | View data |
