Crude Soybean Oil Market Overview in Sweden
In value terms, crude soybean oil production rose rapidly to $ in estimated in export prices. Over the period under review, production saw buoyant growth. The pace of growth appeared the most rapid in 2010 with an increase of % year-to-year. Over the period under review, production hit record highs in and is likely to see steady growth in the immediate term.
The value of the crude soybean oil market in Sweden rose significantly to $ in , with an increase of % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a mild expansion. The most prominent rate of growth was recorded in 2010 when the market value increased by % against the previous year. Over the period under review, the market attained the maximum level in and is likely to see gradual growth in years to come.