Rapeseed Oil Market Overview in Sweden
In value terms, rapeseed oil production shrank to $ in 2019 estimated in export prices. The total output value increased at an average annual rate of +% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 when the production volume increased by % against the previous year. Sweden production peaked at $ in 2011; however, from 2012 to 2019, production remained at a lower figure.
The revenue of the rapeseed oil market in Sweden fell slightly to $ in 2019, declining by -% 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). Overall, the total consumption indicated a resilient expansion from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption decreased by -% against 2015 indices. The growth pace was the most rapid in 2008 when the market value increased by % against the previous year. Sweden consumption peaked at $ in 2013; however, from 2014 to 2019, consumption remained at a lower figure.