Oleic, linoleic and linolenic acids, its salts and esters market in Denmark

Earlier Report Observations

From 2018 to 2020, the market for oleic, linoleic, and linolenic acids in Denmark showed stable physical volumes, with annual consumption hovering around 800 t. Linkup factors indicated flat import and consumption trends during these years, with no significant entry of new players, launch or closure of large production facilities, or changes in legislation, policy, or consumer preferences that would alter the market's fundamental size.

The market value peaked at $3.1 million in 2021, coinciding with peak consumption across the European Union, although sources noted Denmark itself maintained a relatively flat demand trend. Subsequently, the market's value declined to $2.9 million in 2022 and further to $2.0 million by 2024, aligning with a broader EU-wide decrease in imports and consumption reported for the period, without specific disruptive events in the Danish market.

Throughout the full period to 2024, Denmark's market remained smaller in scale compared to other EU countries, with import volumes consistently below 1 000 t. The absence of major regulatory shifts, new product segments, or significant news from major companies contributed to the market's overall stable and limited growth profile.

Production oleic, linoleic and linolenic acids, its salts and esters in Denmark

In value, 2018-2021, K $ US

In 2021, Denmark's production of oleic, linoleic, and linolenic acids, along with their salts and esters, was valued at 865.2 thousand US dollars. This marked a sharp increase of 37.1% compared to the previous year. Looking at the period from 2018 to 2021, production grew by 40.6%, which translates to an annualized growth rate of 12.0%. The most significant decline occurred in 2020, when production fell by 10.0%.

Annual dynamics of production in Denmark in value, 2018-2021, K $ US

In kind, 2018-2021, t

In 2021, Denmark produced 264.5 tonnes of oleic, linoleic, and linolenic acids, including their salts and esters. This represented a moderate decrease of 4.8% from 2020. Over the four-year span from 2018 to 2021, production increased by 18.3%, with a compound annual growth rate of 5.8%. The highest production level was recorded in 2019 at 277.9 tonnes, which also saw the largest increase of 24.2%. The most notable decline occurred in 2020, with a drop of 4.8%.

Annual dynamics of production in Denmark in kind, 2018-2021, t

Exports oleic, linoleic and linolenic acids, its salts and esters from Denmark

Exports in kind, t

After two consecutive years of growth, Denmark's exports of oleic, linoleic, and linolenic acids, along with their salts and esters, declined in 2021. Export volumes reached 512 tonnes, reflecting a moderate decrease of 4.6% compared to 2020. From 2018 to 2021, exports overall increased by 8.1%, with a compound annual growth rate of 2.6%. The peak export volume was in 2020 at 537 tonnes, while the largest increase occurred in 2019, rising by 12.0%.

Annual dynamics of product's exports from Denmark in kind, 2018-2021, t

Between 2018 and 2021, the primary destinations for Denmark's exports of oleic, linoleic, and linolenic acids, including their salts and esters, were Norway, Sweden, and Germany. Norway accounted for 46.8% of exports in volume, Sweden for 19.7%, and Germany for 9.7%. Together, these three countries represented 76.3% of Denmark's total export volume during this period.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Denmark in kind, 2018-2021

Exports in value, K $ US

In 2021, Denmark's exports of oleic, linoleic, and linolenic acids, along with their salts and esters, were valued at 1 491 thousand US dollars. This represented a dramatic year-over-year increase of 28.4%. Over the period from 2018 to 2021, export value grew by 27.3%, with a compound annual growth rate of 8.4%. The lowest export value was recorded in 2020 at 1 161 thousand US dollars, which also saw the largest decline of 2.5%.

Annual dynamics of product's exports from Denmark in value, 2018-2021, K $ US

From 2018 to 2021, Norway, Sweden, and Germany were the main markets for Denmark's exports of oleic, linoleic, and linolenic acids, including their salts and esters, in value terms. Norway held a 41.3% share of export value, Sweden accounted for 19.4%, and Germany for 12.5%. Combined, these three countries made up 73.2% of Denmark's total export value during this timeframe.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Denmark in value, 2018-2021

Imports oleic, linoleic and linolenic acids, its salts and esters to Denmark

Imports in kind, t

Denmark's imports of oleic, linoleic, and linolenic acids, along with their salts and esters, increased for the third consecutive year in 2021. Import volumes reached 1 157 tonnes, showing a measured rise of 4.2% compared to the previous year. Between 2018 and 2021, imports grew by 9.7%, equating to an annualized growth rate of 3.1%.

Annual dynamics of product's imports to Denmark in kind, 2018-2021, t

During the period from 2018 to 2021, Belgium, Germany, and the Netherlands were the largest suppliers of oleic, linoleic, and linolenic acids, including their salts and esters, to Denmark in volume terms. Belgium accounted for 37.4% of imports, Germany for 33.8%, and the Netherlands for 18.8%. Together, these three countries supplied 89.9% of Denmark's total import volume.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Denmark in kind, 2018-2021

Imports in value, K $ US

Denmark's imports of oleic, linoleic, and linolenic acids, along with their salts and esters, increased for the second year in a row in 2021. Import value reached 3 772 thousand US dollars, representing a sharp rise of 43.4% from 2020. Over the period from 2018 to 2021, import value increased by 37.5%, with a compound annual growth rate of 11.2%. The lowest import value was recorded in 2019 at 2 461 thousand US dollars, which also saw the largest decline of 10.2%.

Annual dynamics of product's imports to Denmark in value, 2018-2021, K $ US

Throughout 2018 to 2021, Belgium, Germany, and the Netherlands remained the key sources for Denmark's imports of oleic, linoleic, and linolenic acids, including their salts and esters, in value terms. Belgium held a 40.3% share of import value, Germany accounted for 35.3%, and the Netherlands for 13.3%. Collectively, these three countries represented 88.8% of Denmark's total import value during this period.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Denmark in value, 2018-2021