The Oil-Cake from Extraction of Vegetable Fats and Oils market in Belgium recorded a declining volume trend over the past decade, with a 21.6% drop from 320.58 million kilograms in 2013 to 251.45 million in 2023. The past five years showed an annual compounded contraction of 0.63%, reflecting significant volatility. Recent data indicates a decrease of 2.54% from 2022 to 2023. Key influences include shifts in global supply and demand dynamics for vegetable oils and regulatory changes impacting production rates.
Future trends to watch for:
- Emerging technologies potentially increasing extraction efficiency.
- Policy adaptations towards sustainable and environmentally friendly production methods.
- Fluctuations in global vegetable oil markets impacting local production demands.
| # | 6 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 3,982,600,000 | 2023 | +1.69% | +0.46% | View data |
| 2 | 2 Germany | 359,540,000 | 2023 | -0.37% | -1% | View data |
| 3 | 3 Belgium | 251,450,000 | 2023 | -2.54% | -0.63% | |
| 4 | 4 France | 231,170,000 | 2023 | +0.17% | -3.09% | View data |
| 5 | 5 Sweden | 37,764,000 | 2023 | -1.71% | -3.22% | View data |