The market size value of oil-cake resulting from the extraction of soya-bean oil in Italy showed significant volatility from 2013 to 2023, decreasing from 1.57 billion euros to 1.11 billion euros. The period from 2013 to 2015 saw growth, but starting 2016, a downward trend dominated, with the most significant fall recorded in 2016. The last five-year CAGR indicated an average decline of 2.03% annually, highlighting a persistent downturn up to 2023.
Future trends to watch for include:
- Innovations in soybean processing to enhance oil-cake quality and its economic value.
- Shifts in consumer demand towards plant-based proteins, potentially reviving interest in soya products.
- Economic and trade policies impacting soybean imports and pricing in Italy.
| # | 13 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,433,600,000 | 2023 | -0.9% | -0.098% | View data |
| 2 | 2 Italy | 1,118,700,000 | 2023 | -1.97% | -2.03% | |
| 3 | 3 United Kingdom | 1,051,100,000 | 2023 | -0.21% | -0.042% | View data |
| 4 | 4 Spain | 1,047,300,000 | 2023 | -1.11% | +1.62% | View data |
| 5 | 5 Denmark | 912,720,000 | 2023 | +1.25% | +1.37% | View data |
