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In 2023, the value of U.S. tall oil exports to Finland and Sweden rose to nearly a quarter of a billion dollars. This is mainly due to a surge of the price of tall oil as the demand as feedstock for the production of advanced biofuels is increasing while the availability is limited.
The restrictive marketing measures that Ireland wants to introduce for all alcohol products could impact U.S. exports to the EU.
It is expected that in 2016 milk deliveries in the European Union will increase by 1.1 percent and stabilize in 2017.