In 2023, Malaysia led the global export market for machines to process animal or fixed vegetable fats or oils, followed closely by China. Notable exporters include Italy, Belgium, and India. Malaysia saw a slight decline in export value, while China experienced a significant increase. Germany and the United States faced substantial decreases, whereas Poland and Lithuania showed remarkable growth. Other countries such as New Zealand and Chile also reported impressive gains.
Future trends suggest a rise in demand for such machines, driven by the global expansion of food and biofuel industries. Technological advancements and regulatory changes could influence export dynamics in coming years.
Top countries in Export of Machines To Process Animal or Fixed Vegetable Fats or Oils by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Malaysia | 123,100,000 | 2023 | -1.22% | -0.58% | View data |
| 2 | 2 China | 118,600,000 | 2023 | +4.33% | +4.2% | View data |
| 3 | 3 Italy | 97,449,000 | 2023 | -0.48% | +1.8% | View data |
| 4 | 4 Belgium | 75,052,000 | 2023 | +0.89% | +2.76% | View data |
| 5 | 5 India | 51,217,000 | 2023 | +2.15% | +2.06% | View data |
| 6 | 6 Singapore | 24,952,000 | 2023 | +0.25% | +0.04% | View data |
| 7 | 7 Germany | 19,731,000 | 2023 | -8.44% | -6.95% | View data |
| 8 | 8 Spain | 19,016,000 | 2023 | +1.64% | +4.15% | View data |
| 9 | 9 Denmark | 18,004,000 | 2023 | -0.076% | +4.34% | View data |
| 10 | 10 Poland | 9,947,600 | 2023 | +6.12% | +18.97% | View data |
