The Netherlands leads in European sold production of palm oil, holding a significant share of 58.69%. Germany and the United Kingdom follow, with shares of 16.91% and 10.91% respectively. From 2023 to 2024, the Netherlands showed a slight increase of 1.01%, while Germany and Belgium experienced declines of 1.22% and 2.4% respectively. Notably, Lithuania saw a substantial rise of 101.48%.
Future trends to watch include:
- The Netherlands consolidating its dominant position, potentially influencing benchmark pricing in the region.
- The sustainability-driven policies of the EU might affect overall production dynamics and market shares, particularly in reaction to climate change and deforestation concerns.
- Emerging markets like Lithuania might continue to experience rapid growth, potentially altering the competitive landscape.
Top countries in Sold Production of Palm Oil Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 58.69 | 2023 | +2.42% | +1.01% | View data |
| 2 | 2 Germany | 16.91 | 2023 | +3.61% | -1.22% | View data |
| 3 | 3 United Kingdom | 10.91 | 2023 | +0.31% | +0.044% | View data |
| 4 | 4 Italy | 5.43 | 2023 | +1.27% | +5.04% | View data |
| 5 | 5 Denmark | 4.22 | 2023 | +9.35% | +1.58% | View data |
| 6 | 6 Belgium | 3.68 | 2023 | +0.99% | -2.4% | View data |
| 7 | 7 Greece | 1.55 | 2023 | +5.27% | +6.22% | View data |
| 8 | 8 Hungary | 0.001 | 2023 | +6.55% | +3.72% | View data |
| 9 | 9 Finland | 0.001 | 2021 | -17.28% | -13.34% | View data |
| 10 | 10 Lithuania | 0.001 | 2023 | +7.41% | +101.48% | View data |
