The EU-27 Demand for Tall Oil Increased 30% in 2010 but the Market Remains Unsaturated According to BAC Market Report26 Jul 2011 • by Natalie Aster
LONDON - The EU-27 market size for tall oil totals 552,000 tons. In 2010 the demand increased 30% following by sharp fell 11% due to economic slowdown in 2009. European market for tall oil still remains unsaturated.
The fifth part of EU-27 tall oil demand is covered by imported product. And the share is steadily expanding. USA retains stable position on EU tall oil market providing 70% of import supplies.
The domestic production of tall oil is seeking the upwards trend as well. In 2010 European output achieved 442,000 tons valued EUR 175 million.
Finland and Sweden are the leaders of EU tall oil market. These countries provide 90% of production and approximately 80% of consumption.
Tall oil is a by-product of wood pulping process. The interest for tall oil is increasing because of its potential using as renewable fuel.
Tall oil market in EU-27 is comprehensively reviewed and analysed in the report “Tall Oil, Whether or Not Refined: European Union Market Outlook 2011 and Forecast till 2016” recently published by The Market Publishers, Ltd.
Title: Tall Oil, Whether or Not Refined: European Union Market Outlook 2011 and Forecast till 2016
Published: July 2011
The report features an in-depth analysis of the European Union market for tall oil, offering data on EU total and local markets. It covers current statistics, historical background and future forecast. In-depth data on production, consumption, prices, and trade statistics and forecasts through 2016 build up a full picture of the market landscape.
The report is included into the recently updated European Union Market Reports Package 2011 that features a wide range of other EU market research reports.
The Market Publishers, Ltd.
Ms. Tanya Rezler
Tel: +44 208 123 2220
Fax: +44 207 900 3970