The European market for oil-cake and other solid residues of vegetable fats or oils is led by Germany, Italy, and France. Germany holds the highest share at 17.21%, showing a 6.86% growth in 2023. Italy's share of 15.92% saw a strong 15.13% increase. France, at 15.9%, experienced a minor decline of 2.94%. Portugal displayed remarkable growth with a 21.08% increase, despite holding a smaller share. Bulgaria and Hungary showed strong performance with growth rates of 8.53% and 9.38%, respectively, while major players like the Netherlands declined by 4.55%.
Future trends to watch include potential growth in countries with smaller current shares such as Slovenia and Croatia, which registered notable increases of 9.04% and 7.32% in the past year. Additionally, monitoring how countries like Germany and Italy will maintain their leadership positions amidst changes in production dynamics could offer further insights into market stability and innovation within the sector.
Top countries in Sold Production of Oil-Cake and Other Solid Residues of Vegetable Fats or Oils Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 17.21 | 2023 | +1.98% | +6.86% | View data |
| 2 | 2 Italy | 15.92 | 2023 | +0.88% | +15.13% | View data |
| 3 | 3 France | 15.9 | 2023 | -0.71% | -2.94% | View data |
| 4 | 4 Netherlands | 9.39 | 2023 | -0.46% | -4.55% | View data |
| 5 | 5 Poland | 7.08 | 2023 | +3.01% | +3.79% | View data |
| 6 | 6 Romania | 6.32 | 2023 | +4.03% | +3.82% | View data |
| 7 | 7 Bulgaria | 5.01 | 2023 | +4.8% | +8.53% | View data |
| 8 | 8 Hungary | 4.56 | 2023 | +4.02% | +9.38% | View data |
| 9 | 9 Portugal | 3.78 | 2023 | +6.02% | +21.08% | View data |
| 10 | 10 Spain | 3.76 | 2023 | +7.25% | -0.52% | View data |
