From 2013 to 2023, Denmark's market for oil-cake from soya-bean oil extraction demonstrated a modest upward trajectory, reaching 1.7265 billion kilograms in 2023. Notably, 2015 and 2022 recorded significant year-on-year growth, 10.64% and 10.62%, respectively. However, fluctuations persisted, with substantial declines in 2016 and 2019. The average annual growth rate between 2018 and 2023 stands at 1.07%, underscoring steady, albeit limited, expansion.
Looking ahead, industry stakeholders should monitor variables such as global soya-bean supply, technological advances in extraction processes, and changing regulatory environments, which could influence market dynamics and further alter consumption patterns.
How does Denmark rank in Oil-Cake Resulting from the Extraction of Soya-Bean Oil Market Size Volume?
| # | 15 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 2,717,400,000 | 2023 | -2.72% | -0.59% | View data |
| 2 | 2 Italy | 2,424,000,000 | 2023 | -0.75% | -0.8% | View data |
| 3 | 3 United Kingdom | 2,054,300,000 | 2023 | +0.68% | +1.81% | View data |
| 4 | 4 Denmark | 1,726,500,000 | 2023 | +1.4% | +1.07% | |
| 5 | 5 Belgium | 700,600,000 | 2023 | +1.5% | +0.18% | View data |
| 6 | 6 Portugal | 551,490,000 | 2023 | -2.16% | -2.07% | View data |
