The oil-cake market resulting from the extraction of soya-bean oil in Greece has shown significant growth over the last decade, with a market size volume reaching 401.11 million kilograms in 2023. Between 2013 and 2023, the market expanded appreciably, particularly marked by notable increases in certain years. Over the past five years, the market exhibited a compound annual growth rate of 6.79%, highlighting robust overall demand. In the recent two-year period, the market experienced steady growth with year-on-year increases of 1.54% in 2022 and 1.55% in 2023.
For future trends, the market is likely to be influenced by the expansion of the livestock and poultry sectors in Greece, as soy protein serves as a critical feed component. Continuous innovation in agricultural and oil extraction technologies, as well as shifts in global trade policies, should also be monitored for their potential impact on production efficiency and competitive pricing within the market.
| # | 15 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 2,717,400,000 | 2023 | -2.72% | -0.59% | View data |
| 2 | 2 Italy | 2,424,000,000 | 2023 | -0.75% | -0.8% | View data |
| 3 | 3 United Kingdom | 2,054,300,000 | 2023 | +0.68% | +1.81% | View data |
| 4 | 4 Denmark | 1,726,500,000 | 2023 | +1.4% | +1.07% | View data |
| 5 | 5 Belgium | 700,600,000 | 2023 | +1.5% | +0.18% | View data |
| 6 | 6 Portugal | 551,490,000 | 2023 | -2.16% | -2.07% | View data |
| 7 | 7 Greece | 401,110,000 | 2023 | +1.55% | +6.79% | |
| 8 | 8 Romania | 356,310,000 | 2023 | -0.67% | -1.59% | View data |
| 9 | 9 Germany | 332,400,000 | 2023 | -21.25% | -15.85% | View data |
