Market research

Corn oil and fractions market in Sweden

$Corn oil and fractions market in Sweden$

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

From 2018 to 2020, the Swedish corn oil market was influenced by shifting consumer preferences towards healthier, non-GMO products, which moderated initial demand. The COVID-19 pandemic in 2020 disrupted supply chains and consumption patterns, yet domestic production commenced at 598 tons, resulting in a market volume of 1 392 tons valued at 1.6 million USD.

The market stabilized and grew from 2021 to 2022, with production more than doubling to 1 323 tons and market volume reaching 1 874 tons worth 3.2 million USD. This expansion was supported by continued consumer interest in healthy and sustainable oils, alongside the dominant role of global industry players like Archer Daniels Midland and Cargill.

Sweden's biofuel policy became a primary driver from 2023 onward. The government's decision to lower the biofuel mandate to 6% from 2024, later revised to 10% from 2025, significantly affected demand for corn oil as a biodiesel feedstock. This regulatory shift led to a surge in imports, which climbed to 7 913 tons in 2024, while exports fell to 800 tons, coinciding with capacity expansions by biofuel producers Preem and St1.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators
1. 4.1. In kind
  1. 4.1.1. Production, 2020-2022
  2. 4.1.2. Imports, 2018-2024
  3. 4.1.3. Exports, 2018-2024
  4. 4.1.4. Market size, 2020-2022
2. 4.2. In value
  1. 4.2.1. Production, 2020-2022
  2. 4.2.2. Imports, 2018-2024
  3. 4.2.3. Exports, 2018-2024
  4. 4.2.4. Market size, 2020-2022
5. Production
1. 5.1. Production in Sweden
  1. 5.1.1. In kind, 2020-2022, t
  2. 5.1.2. In value, 2020-2022, K $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In kind, 2018-2024, t
  2. 5.2.2. In value, 2018-2024, K $ US
3. 5.3. Global production by Country, 2018-2023
  1. 5.3.1. Global Production by Country in kind
    1. 5.3.1.1. Annual dynamics of production by country in kind, 2018-2023, K t
    2. 5.3.1.2. Structure of production by countries in kind, 2018-2023
    3. 5.3.1.3. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Sweden in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Sweden by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Sweden in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Sweden by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Sweden, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Sweden by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Sweden in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Sweden by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Sweden in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Sweden by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Sweden, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Sweden by countries, 2018-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Sweden in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Sweden by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Sweden in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Sweden by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Sweden, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Sweden by countries, 2018-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Sweden in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Sweden by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Sweden in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Sweden by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Sweden, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Sweden by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production corn oil and fractions in Sweden

In value, 2017-2020, K $ US

Annual dynamics of production in Sweden in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

In kind, 2017-2020, t

Top producers of corn oil and fractions, 2017-2020

Source: SHEV.io

World map of production of corn oil and fractions, 2017-2020

Source: SHEV.io

Annual dynamics of production in Sweden in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

Exports corn oil and fractions from Sweden

Exports in kind, t

Sweden's exports of corn oil and fractions saw a two-year decline before rebounding in 2020. That year, exports reached 547 tonnes, representing a 17.7% increase compared to 2019. Over the period from 2017 to 2020, exports decreased by 11.4%, which translates to an average annual decline of 4.0%. The lowest export volume was recorded in 2019 at 465 tonnes, while the sharpest drop occurred in 2018 with a 14.7% decrease.

Annual dynamics of product's exports from Sweden in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(14.7%)	(11.7%)	17.7%	(4.0%)

Source: SHEV.io

From 2017 to 2020, Denmark, the Netherlands, and Germany were the primary destinations for Sweden's corn oil and fractions exports by volume. Denmark accounted for 30.2% of these exports, followed by the Netherlands at 16.7% and Germany at 16.5%. Together, these three countries represented 63.4% of Sweden's total corn oil and fractions exports in kind during this period.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Sweden in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

After two years of decline, Sweden's corn oil and fractions exports in value terms rose in 2020. Exports that year totaled 1 309 thousand US dollars, marking a significant 36.1% increase from 2019. Over the 2017-2020 period, exports grew by 6.9%, with a compound annual growth rate of 2.2%. The lowest value was recorded in 2019 at 962 thousand US dollars, which also saw the largest decline of 15.3%.

Annual dynamics of product's exports from Sweden in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(7.3%)	(15.3%)	36.1%	2.2%

Source: SHEV.io

Between 2017 and 2020, Denmark, Germany, and the Netherlands consistently led as the top markets for Sweden's corn oil and fractions exports by value. Denmark held 29.5% of the export value, Germany accounted for 17.8%, and the Netherlands made up 17.2%. Combined, these three countries represented 64.5% of Sweden's total corn oil and fractions export flows in value terms.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Sweden in value, 2017-2020

Source: SHEV.io

Imports corn oil and fractions to Sweden

Imports in kind, t

Following a two-year decrease, Sweden's imports of corn oil and fractions by volume increased in 2020. Imports that year amounted to 1 341 tonnes, showing a 29.7% improvement compared to 2019. From 2017 to 2020, imports rose by 6.3%, equating to an average annual growth rate of 2.1%. The lowest import volume was recorded in 2019 at 1 034 tonnes, which also experienced the largest decline of 11.9%.

Annual dynamics of product's imports to Sweden in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(7.0%)	(11.9%)	29.7%	2.1%

Source: SHEV.io

From 2017 to 2020, Hungary, Belgium, and France were consistently the leading sources for Sweden's corn oil and fractions imports by volume. Hungary supplied 40.8% of these imports, Belgium contributed 22.0%, and France accounted for 9.6%. Together, these three countries represented 72.4% of Sweden's total corn oil and fractions import flows in kind.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Sweden in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

After two years of decline, Sweden's imports of corn oil and fractions in value terms rebounded in 2020. Import volume that year reached 1 446 thousand US dollars, indicating a dramatic 30.8% gain from the previous year. Over the 2017-2020 period, imports decreased by 6%, with an average annual decline of 2.0%. The lowest value was recorded in 2019 at 1 106 thousand US dollars, which also saw the largest drop of 22.7%.

Annual dynamics of product's imports to Sweden in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(7.1%)	(22.7%)	30.8%	(2.0%)

Source: SHEV.io

Between 2017 and 2020, three main markets—Hungary, Belgium, and Turkey—collectively absorbed 70.5% of Sweden's total imports of corn oil and fractions in value terms.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Sweden in value, 2017-2020

Source: SHEV.io