In 2023, Spain led the European sold production of citric acid and its salts and esters, capturing the largest share at 29.26%. It was followed by Italy at 22.72% and the United Kingdom at 19.06%. Denmark and the Netherlands held 15.77% and 12.02%, respectively. Other notable contributors were France at 4.8% and Portugal at 1.36%. Smaller shares included Poland, Greece, Finland, Estonia, and Lithuania.
Considering the year-on-year variation for 2023, Spain showed the most significant growth at 45.53%, whereas Poland experienced a notable decline of 15.82%. Italy and Denmark continued to expand modestly, while the United Kingdom saw a slight reduction of 5.29%. Considering the CAGR over the last five years, Spain has demonstrated substantial and consistent growth, with Italy and Denmark also performing positively overall.
Future trends to watch for include a potential increase in production share by Southern European nations like Spain and Italy, driven by favorable agricultural policies and technological improvements. However, market shifts may occur due to environmental regulations and competitive pressures, potentially impacting smaller producers in Eastern Europe. Monitoring these factors will be crucial for understanding industry dynamics in the coming years.
Top countries in Sold Production of Citric Acid and Its Salts and Esters Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 29.26 | 2023 | +2.4% | +45.53% | View data |
| 2 | 2 Italy | 22.72 | 2023 | -9.6% | +14.84% | View data |
| 3 | 3 United Kingdom | 19.06 | 2023 | -2.51% | -5.29% | View data |
| 4 | 4 Denmark | 15.77 | 2023 | +11.55% | +12.2% | View data |
| 5 | 5 Netherlands | 12.02 | 2021 | View data | ||
| 6 | 6 France | 4.8 | 2023 | +6.18% | +4.09% | View data |
| 7 | 7 Portugal | 1.36 | 2023 | +1.6% | +7.84% | View data |
| 8 | 8 Poland | 0.69 | 2023 | -17.84% | -15.82% | View data |
| 9 | 9 Greece | 0.64 | 2021 | +13.39% | View data | |
| 10 | 10 Finland | 0.046 | 2021 | +3380% | View data |