Between 2013 and 2023, the UK's Oil-Cake of Vegetable Fats or Oils market experienced a notable decline in volume, decreasing from 3.7185 billion kilograms to 2.8193 billion kilograms. The year-on-year variations depict fluctuating trends, with significant drops in 2014 and 2018, while 2019 showed a recovery. The average annual change over the last five years (CAGR) indicates a modest growth of 1.53% by 2023. This fluctuation suggests market instability, reflecting changes in demand or external factors affecting production and logistics.
Looking ahead, stakeholders should monitor potential impacts of policy changes, advancements in sustainable farming practices, and evolving consumer preferences towards plant-based products, which could influence market dynamics and drive future growth.
How does the United Kingdom rank in Oil-Cake of Vegetable Fats or Oils Market Size Volume?
| # | 16 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 7,225,500,000 | 2023 | +2.06% | -0.75% | View data |
| 2 | 2 France | 6,997,600,000 | 2023 | +0.44% | +0.11% | View data |
| 3 | 3 Germany | 4,313,100,000 | 2023 | +1.57% | -0.17% | View data |
| 4 | 4 Italy | 3,834,400,000 | 2023 | -0.81% | -0.97% | View data |
| 5 | 5 Poland | 3,444,200,000 | 2023 | -0.2% | +0.7% | View data |
| 6 | 6 United Kingdom | 2,819,300,000 | 2023 | -0.92% | +1.53% | |
| 7 | 7 Denmark | 2,627,800,000 | 2023 | +1.39% | +0.82% | View data |
| 8 | 8 Romania | 692,710,000 | 2023 | +1.93% | -1.88% | View data |
