The European market for palm oil shows significant variation in production by country. The Netherlands leads with 1.5859 billion kilograms, followed by Germany at 0.45683 billion kilograms, and the United Kingdom at 0.29468 billion kilograms. Italy, Denmark, and Belgium also have notable production levels. Smaller contributions come from Greece, Hungary, Finland, and Lithuania.
Year-on-year changes in 2023 highlight divergent trends: the Netherlands saw a minimal increase of 1.01%, Germany experienced a decline of 1.22%, and the United Kingdom a marginal rise of 0.044%. Italy and Greece showed strong growth at 5.04% and 6.22% respectively. Denmark had a moderate increase of 1.58%, while Belgium's production fell by 2.4%. Hungary and Lithuania, though small players, experienced substantial growth rates of 3.72% and 101.48% respectively.
Future trends to watch include potential growth opportunities in smaller markets like Hungary and Lithuania, as well as the sustained dominance of the Netherlands. Regulatory changes and sustainability initiatives will significantly impact production levels and market dynamics.
Top countries in Sold Production of Palm Oil by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 1,585,900,000 | 2023 | +2.42% | +1.01% | View data |
| 2 | 2 Germany | 456,830,000 | 2023 | +3.61% | -1.22% | View data |
| 3 | 3 United Kingdom | 294,680,000 | 2023 | +0.31% | +0.044% | View data |
| 4 | 4 Italy | 146,720,000 | 2023 | +1.27% | +5.04% | View data |
| 5 | 5 Denmark | 114,090,000 | 2023 | +9.35% | +1.58% | View data |
| 6 | 6 Belgium | 99,427,000 | 2023 | +0.99% | -2.4% | View data |
| 7 | 7 Greece | 42,013,000 | 2023 | +5.27% | +6.22% | View data |
| 8 | 8 Hungary | 28,810 | 2023 | +6.55% | +3.72% | View data |
| 9 | 9 Finland | 26,550 | 2021 | -17.28% | -13.34% | View data |
| 10 | 10 Lithuania | 18,590 | 2023 | +7.41% | +101.48% | View data |
