| Product Code: ETC5344560 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Republic of Macedonia`s whale oil import shipments in 2024 continued to see Norway, Germany, Romania, Greece, and Serbia as the top exporting countries. The high Herfindahl-Hirschman Index (HHI) concentration indicates a dominant market presence. With a strong Compound Annual Growth Rate (CAGR) of 8.53% from 2020 to 2024 and a notable growth rate of 43.87% in 2024, the demand for whale oil in North Macedonia appears to be on a significant upward trajectory. These trends suggest a growing reliance on imports for this particular commodity in the region.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Republic of Macedonia Whale Oil Market Overview |
3.1 Republic of Macedonia Country Macro Economic Indicators |
3.2 Republic of Macedonia Whale Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Republic of Macedonia Whale Oil Market - Industry Life Cycle |
3.4 Republic of Macedonia Whale Oil Market - Porter's Five Forces |
3.5 Republic of Macedonia Whale Oil Market Revenues & Volume Share, By Nature, 2021 & 2031F |
3.6 Republic of Macedonia Whale Oil Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.7 Republic of Macedonia Whale Oil Market Revenues & Volume Share, By Extraction Process, 2021 & 2031F |
3.8 Republic of Macedonia Whale Oil Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Republic of Macedonia Whale Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of whale oil |
4.2.2 Growing demand for natural and organic products in the beauty and skincare industry |
4.2.3 Rising disposable income in the Republic of Macedonia leading to higher spending on premium products |
4.3 Market Restraints |
4.3.1 Stringent regulations and restrictions on whale hunting and trade impacting the supply of whale oil |
4.3.2 Ethical concerns and environmental sustainability issues associated with the extraction of whale oil |
5 Republic of Macedonia Whale Oil Market Trends |
6 Republic of Macedonia Whale Oil Market Segmentations |
6.1 Republic of Macedonia Whale Oil Market, By Nature |
6.1.1 Overview and Analysis |
6.1.2 Republic of Macedonia Whale Oil Market Revenues & Volume, By Organic, 2021-2031F |
6.1.3 Republic of Macedonia Whale Oil Market Revenues & Volume, By Conventional, 2021-2031F |
6.2 Republic of Macedonia Whale Oil Market, By End Use |
6.2.1 Overview and Analysis |
6.2.2 Republic of Macedonia Whale Oil Market Revenues & Volume, By Food Processing, 2021-2031F |
6.2.3 Republic of Macedonia Whale Oil Market Revenues & Volume, By Cosmetic and Personal Care Products, 2021-2031F |
6.2.4 Republic of Macedonia Whale Oil Market Revenues & Volume, By Biodiesel, 2021-2031F |
6.2.5 Republic of Macedonia Whale Oil Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.2.6 Republic of Macedonia Whale Oil Market Revenues & Volume, By Households, 2021-2031F |
6.3 Republic of Macedonia Whale Oil Market, By Extraction Process |
6.3.1 Overview and Analysis |
6.3.2 Republic of Macedonia Whale Oil Market Revenues & Volume, By Solvent-Extracted, 2021-2031F |
6.3.3 Republic of Macedonia Whale Oil Market Revenues & Volume, By Cold-Pressed, 2021-2031F |
6.4 Republic of Macedonia Whale Oil Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Republic of Macedonia Whale Oil Market Revenues & Volume, By Direct Sales, 2021-2031F |
6.4.3 Republic of Macedonia Whale Oil Market Revenues & Volume, By Hypermarkets/Supermarkets, 2021-2031F |
6.4.4 Republic of Macedonia Whale Oil Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.4.5 Republic of Macedonia Whale Oil Market Revenues & Volume, By Specialty Retail Stores, 2021-2031F |
6.4.6 Republic of Macedonia Whale Oil Market Revenues & Volume, By Traditional Grocery Stores, 2021-2031F |
6.4.7 Republic of Macedonia Whale Oil Market Revenues & Volume, By Online Retailers, 2021-2031F |
7 Republic of Macedonia Whale Oil Market Import-Export Trade Statistics |
7.1 Republic of Macedonia Whale Oil Market Export to Major Countries |
7.2 Republic of Macedonia Whale Oil Market Imports from Major Countries |
8 Republic of Macedonia Whale Oil Market Key Performance Indicators |
8.1 Number of new product launches incorporating whale oil in the beauty and skincare industry |
8.2 Consumer satisfaction levels with whale oil-based products in the Republic of Macedonia |
8.3 Growth in the number of retailers stocking whale oil products in the market |
9 Republic of Macedonia Whale Oil Market - Opportunity Assessment |
9.1 Republic of Macedonia Whale Oil Market Opportunity Assessment, By Nature, 2021 & 2031F |
9.2 Republic of Macedonia Whale Oil Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.3 Republic of Macedonia Whale Oil Market Opportunity Assessment, By Extraction Process, 2021 & 2031F |
9.4 Republic of Macedonia Whale Oil Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Republic of Macedonia Whale Oil Market - Competitive Landscape |
10.1 Republic of Macedonia Whale Oil Market Revenue Share, By Companies, 2024 |
10.2 Republic of Macedonia Whale Oil Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |