Market research

Refined corn oil and fractions market in Sweden

$Refined corn oil and fractions market in Sweden$

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

Swedish refined corn oil production surged from 598 t in 2020 to 1 323 t in 2022, while exports more than doubled to 1 264 t over the same period. This expansion coincided with a growing emphasis on sustainable and healthy food consumption, along with requirements for high production quality and GMO controls, which encouraged domestic output to meet standards.

Imports fell steadily from 437 t in 2018 to 116 t in 2024, partly due to rising domestic production and new regulatory demands such as producer responsibility for packaging rules that took effect in 2022 and 2024. The market volume in physical terms declined from 387 t in 2020 to 309 t in 2022, yet its value increased to 752 thousand US dollars in 2022, reflecting a move toward higher-value products.

Key regulatory developments, including the updated CLP regulation in 2024 with new labeling requirements for chemical products, as well as investments in biofuel production from bio-oils, are shaping the handling and market for refined corn oil in Sweden.

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
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 refined 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

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 refined corn oil and fractions from Sweden

Exports in kind, t

Sweden's exports of refined corn oil and fractions increased in 2020 after two years of decline. In 2019, exports reached their lowest point at 456.5 tons, but then rose to 539.2 tons in 2020, marking an 18.1% increase from the previous year. Over the period from 2017 to 2020, exports decreased by 11.8%, which translates to an average annual decline of 4.1%. The largest drop occurred in 2018, with a 14.4% decrease.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(14.4%)	(12.8%)	18.1%	(4.1%)

Source: SHEV.io

From 2017 to 2020, Denmark, the Netherlands, and Germany were the main destinations for Sweden's refined corn oil and fractions exports in kind. Denmark accounted for 29.7% of exports, the Netherlands for 16.9%, and Germany for 16.6%. Together, these three countries absorbed 63.1% of Sweden's total exports in this category.

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

Sweden's exports of refined corn oil and fractions in value terms increased in 2020 following a two-year decline. In 2019, exports hit a low of 950 thousand US dollars, but then surged to 1 294 thousand US dollars in 2020, representing a sharp 36.2% year-over-year rise. Between 2017 and 2020, exports grew by 6.7%, with an average annual increase of 2.2%. The largest decline was recorded in 2019, with a 15.4% drop.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(7.4%)	(15.4%)	36.2%	2.2%

Source: SHEV.io

From 2017 to 2020, Denmark, Germany, and the Netherlands were the primary buyers of Sweden's refined corn oil and fractions in value terms. Denmark made up 29.0% of exports, Germany 17.9%, and the Netherlands 17.3%. Collectively, these three countries comprised 64.3% of Sweden's total export value in this sector.

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 refined corn oil and fractions to Sweden

Imports in kind, t

Sweden's imports of refined corn oil and fractions in kind increased in 2020 after two years of decline. In 2019, imports were at their minimum of 307.4 tons, but rose to 328.0 tons in 2020, reflecting a moderate 6.7% increase compared to the previous year. Over the 2017-2020 period, imports decreased by 60.8%, equating to an average annual decline of 26.8%. The largest drop occurred in 2018, with a 47.8% decrease.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(47.8%)	(29.6%)	6.7%	(26.8%)

Source: SHEV.io

From 2017 to 2020, Belgium, Turkey, and Egypt were the leading suppliers of refined corn oil and fractions to Sweden in kind. Belgium accounted for 43.6% of imports, Turkey for 23.1%, and Egypt for 12.3%. Together, these three countries supplied 79.0% of Sweden's total imports in this category.

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

Sweden's imports of refined corn oil and fractions in value terms increased in 2020 after a two-year drop. In 2019, imports reached their lowest point at 400 thousand US dollars, but then climbed to 488 thousand US dollars in 2020, indicating a significant 22.1% increase from the previous year. Over the 2017-2020 period, imports decreased by 55.3%, with a compound annual growth rate of -23.5%. The largest decline was recorded in 2018, with a 47.1% drop.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(47.1%)	(30.8%)	22.1%	(23.5%)

Source: SHEV.io

From 2017 to 2020, Belgium, Turkey, and Egypt were the primary suppliers of refined corn oil and fractions to Sweden in value terms. Belgium accounted for 39.7% of imports, Turkey for 24.4%, and Egypt for 14.5%. Collectively, these three countries made up 78.7% of Sweden's total import value in this sector.

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