The market size for oil-cake resulting from the extraction of soya-bean oil in Romania has shown a consistent decline from 2013 to 2023, with the market value standing at 173.55 million euros in 2023. Analyzing the annual changes, the market experienced a substantial contraction year-on-year in the early years, followed by more modest declines and minor growth between 2021 and 2023. The Compound Annual Growth Rate (CAGR) over the last five years was negative, indicating an average annual decrease of 1.48%.
Looking forward, potential trends to watch include:
- Impacts of evolving agricultural practices and alternate crop uses.
- Changes in global soya-bean market conditions influencing local production and pricing.
- Environmental policies affecting the industry dynamics and innovation.
| # | 13 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,433,600,000 | 2023 | -0.9% | -0.098% | View data |
| 2 | 2 Italy | 1,118,700,000 | 2023 | -1.97% | -2.03% | View data |
| 3 | 3 United Kingdom | 1,051,100,000 | 2023 | -0.21% | -0.042% | View data |
| 4 | 4 Spain | 1,047,300,000 | 2023 | -1.11% | +1.62% | View data |
| 5 | 5 Denmark | 912,720,000 | 2023 | +1.25% | +1.37% | View data |
| 6 | 6 Belgium | 307,430,000 | 2023 | -3.01% | +0.041% | View data |
| 7 | 7 Portugal | 293,760,000 | 2023 | -0.5% | -1.21% | View data |
| 8 | 8 Romania | 173,550,000 | 2023 | +0.12% | -1.48% | |
| 9 | 9 Greece | 156,590,000 | 2023 | +0.14% | -0.38% | View data |
| 10 | 10 Croatia | 99,501,000 | 2023 | +0.79% | +0.39% | View data |
