In 2023, the European market for flours and meals of oil seeds or oleaginous fruits differed significantly across countries. Spain led with a production value of 1.0329 billion euros, showing modest growth of 2.96% from the previous year. Italy, on the other hand, experienced a significant decline of 11.87%, down to 0.31417 billion euros. Greece and Finland saw notable increases in production values by 8.79% and 22.03%, respectively. The markets in Serbia, Portugal, and Hungary experienced declines, with Serbia at -1.75%, Portugal at -10.84%, and Hungary at -5.31%.
Future trends to watch for include:
- An increased focus on sustainable production methods as regulations become stricter across Europe.
- Potential market expansion due to growing demand for plant-based products, impacting production volumes.
- The influence of global trade agreements and geopolitical factors that may reshape production capabilities and market access.
Top countries in Sold Production of Flours and Meals of Oil Seeds or Oleaginous Fruits by Country
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 1,032,900,000 | 2023 | +0.057% | +2.96% | View data |
| 2 | 2 Italy | 314,170,000 | 2023 | +0.45% | -11.87% | View data |
| 3 | 3 Greece | 48,403,000 | 2023 | +4.45% | +8.79% | View data |
| 4 | 4 Finland | 42,031,000 | 2023 | +14.97% | +22.03% | View data |
| 5 | 5 Serbia | 10,613,000 | 2023 | -2.73% | -1.75% | View data |
| 6 | 6 Portugal | 6,726,900 | 2023 | -5.31% | -10.84% | View data |
| 7 | 7 Hungary | 2,006,100 | 2023 | -5.56% | -5.31% | View data |
