The European soybean production landscape highlights Italy as the predominant leader with approximately 40.94 thousand metric tons produced, showcasing a stable year-on-year growth of 2.76% as recorded in 2023. Romania, France, and Hungary follow in ranking with respective growths of 3.5%, 4.59%, and 4.31%. Smaller producers like Slovakia and Bulgaria exhibit notable growth rates of 5.16% and 18.15%, respectively, indicating dynamic shifts within these markets. The Czech Republic, Slovenia, and Portugal have the highest percentage growths, though they remain minor players in volume.
Looking forward, trends suggest a continual solidification of Italy's lead due to sustained growth, while the rising growth percentages in Romania and Bulgaria could potentially reconfigure the regional balance. Future developments in agricultural technology and climate adaptation will be pivotal in shaping Europe's soybean production dynamics.
Top countries in Soybean Production Share by Country (Thousand Metric Tons)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Italy | 40.94 | 2023 | +2.78% | +2.76% | View data |
2 | 2 Romania | 17.15 | 2023 | +4.17% | +3.5% | View data |
3 | 3 France | 15.63 | 2023 | +3.81% | +4.59% | View data |
4 | 4 Croatia | 7.9 | 2023 | +3.18% | +0.64% | View data |
5 | 5 Hungary | 6.93 | 2023 | +3.54% | +4.31% | View data |
6 | 6 Austria | 6.82 | 2023 | +3.7% | +4.44% | View data |
7 | 7 Slovakia | 4.19 | 2023 | +4.43% | +5.16% | View data |
8 | 8 Czech Republic | 1.06 | 2023 | +3.33% | +6.41% | View data |
9 | 9 Bulgaria | 0.31 | 2023 | +1.02% | +18.15% | View data |
10 | 10 Slovenia | 0.25 | 2023 | +5.19% | +8.85% | View data |