Based on 2023 data, refined soya-bean oil production in Europe saw varying trends across different countries. The Netherlands led with a 37.45% share, followed by Italy at 29.11%, and Spain at 19.21%. Other contributors included Portugal (9%), Greece (7.36%), Germany (2.71%), and Denmark with a minimal share of 0.018%. Year-on-year changes highlighted significant dynamics: The Netherlands increased by 3.01%, Spain saw a robust growth of 10.54%, while Italy experienced a decline of 9.74%. Portugal and Greece also had moderate increases of 2.52% and 5.48%, respectively. Notably, Denmark showed a stark rise of 177.03% from a smaller base.
Moving forward, key trends to monitor in European refined soya-bean oil production include the impact of evolving agricultural policies within the EU, technological advancements in oil refining, and shifts in consumer preferences towards healthier cooking oils. Additionally, the influence of global supply chain fluctuations and trade policies on production distribution across European countries will be crucial to observe.
Top countries in Sold Production of Refined Soya-Bean Oil Share by Country (Euros)
| # | 7 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 37.45 | 2023 | +0.0028% | +3.01% | View data |
| 2 | 2 Italy | 29.11 | 2023 | +4.09% | -9.74% | View data |
| 3 | 3 Spain | 19.21 | 2023 | -0.53% | +10.54% | View data |
| 4 | 4 Portugal | 9 | 2023 | +8.97% | +2.52% | View data |
| 5 | 5 Greece | 7.36 | 2023 | -1.08% | +5.48% | View data |
| 6 | 6 Germany | 2.71 | 2021 | +9.81% | +10.06% | View data |
| 7 | 7 Denmark | 0.018 | 2023 | +117.71% | +177.03% | View data |
