The market for oil-cake from soya-bean oil extraction in Spain fluctuated from 2013 to 2023, exhibiting a general upward trend despite occasional dips. By 2023, the market size stood at 1,047.3 million euros, contracting slightly over the previous two years. The past five years demonstrate a compound annual growth rate (CAGR) of 1.62%, highlighting modest growth. Year-on-year variation showed notable peaks and troughs, reflecting volatile market conditions largely driven by agricultural productivity and price shifts.
Future trends to watch include potential impacts of climate change on soybean yield, shifts in global trade policies, and the ongoing demand for plant-based products. These factors may influence the market dynamics and offer growth opportunities or pose challenges to the oil-cake sector in Spain.
| # | 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% | View data |
| 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% | |
| 5 | 5 Denmark | 912,720,000 | 2023 | +1.25% | +1.37% | View data |
| 6 | 6 Belgium | 307,430,000 | 2023 | -3.01% | +0.041% | View data |