The Palm Oil Market volume in Denmark has shown variability from 2012 to 2022. After a significant decline in 2013, the market rebounded in 2014 and showed overall growth until 2018. Notably, the highest year-on-year increase occurred in 2014 at 24.62%, reflecting market recovery and expansion. The CAGR over the period fluctuated, highlighting both market challenges and opportunities. From 2019 onwards, the market experienced mixed trends with a notable dip in 2020, likely due to broader economic factors.
The recent yearly trends show that from 2020 to 2022, the market had modest fluctuations but remained relatively steady. Specifically, 2020 saw a considerable drop in volume, while 2021 and 2022 experienced slight increases in volume, showing cautious recovery and stabilization. The average annual growth rate over the last five years from 2017 to 2022 was -0.84%, indicating slight overall market contraction.
Future trends to watch for in the Palm Oil Market in Denmark include:
- Increased focus on sustainable and certified palm oil due to growing awareness and regulations.
- Potential market fluctuations influenced by global supply chain issues and environmental policies.
- Consumer trends shifting towards healthier alternatives, thus impacting market volumes.
How does Denmark rank in Palm Oil Market Size Volume?
| # | 7 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 740,180,000 | 2023 | -0.025% | -0.8% | View data |
| 2 | 2 United Kingdom | 663,350,000 | 2023 | +2.72% | +2% | View data |
| 3 | 3 Belgium | 563,500,000 | 2023 | +0.72% | +3.39% | View data |
| 4 | 4 Germany | 477,840,000 | 2023 | -4.48% | -2.35% | View data |
| 5 | 5 Sweden | 198,380,000 | 2023 | +4.07% | +4.92% | View data |
| 6 | 6 Denmark | 197,320,000 | 2023 | +5.8% | -0.45% | |
| 7 | 7 Lithuania | 15,850,000 | 2023 | +3.19% | +5.97% | View data |
