In 2023, the Netherlands led the European exports of partly or wholly hydrogenated vegetable fats and oils with a significant share, though experiencing a 9.5% decline year-on-year. Germany and Spain also held substantial portions with minor positive growth. Notably, Greece and Estonia displayed robust export growth at 37.99% and 56.87% respectively. Conversely, the UK showed a complete drop in export activity. The Compound Annual Growth Rate (CAGR) over the past five years highlights volatility, with smaller countries like Estonia achieving remarkable growth, whereas others faced decline.
Future trends to watch include:
- The impact of the UK's withdrawal from the market on other countries' shares.
- The potential growth in Mediterranean countries like Greece and Spain, driven by regional demand.
- Technological advances and economic policies influencing production and export capabilities across Europe.
Top countries in Export of Partly or Wholly Hydrogenated Vegetable Fats and Oils Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 32.72 | 2023 | +28.12% | -9.5% | View data |
| 2 | 2 Germany | 21.27 | 2023 | +1.06% | +1.68% | View data |
| 3 | 3 Spain | 11.98 | 2023 | +4.36% | +14.23% | View data |
| 4 | 4 Sweden | 8.59 | 2023 | +5.74% | +4.88% | View data |
| 5 | 5 Greece | 8.3 | 2023 | +2.26% | +37.99% | View data |
| 6 | 6 Italy | 5.7 | 2023 | +230.57% | +18% | View data |
| 7 | 7 France | 4.72 | 2023 | +15.36% | -7.25% | View data |
| 8 | 8 Belgium | 3.94 | 2023 | +20.73% | View data | |
| 9 | 9 Estonia | 1.74 | 2023 | +11.08% | +56.87% | View data |
| 10 | 10 Austria | 1.67 | 2023 | +15.25% | +11.12% | View data |
