The United Kingdom leads European imports of refined soya-bean oil with a 22.21% share, followed closely by Belgium at 21.27%, and Ireland at 14.98%. Germany and Italy also hold significant shares at 14.71% and 12.66%, respectively. Smaller shares are held by France (4.79%) and Poland (3.74%), among others. Notably, the top five countries together account for the lion's share of imports.
Recent year-on-year variations reveal noteworthy trends. Germany and Italy have shown substantial growth at 17.8% and 77.37%, respectively, indicating strong demand or strategic stockpiling. Conversely, Belgium and the Netherlands experienced declines of 5.58% and 26.19%, respectively. Portugal and Malta also witnessed double-digit growth, pointing to potential shifts in regional supply chains or increased consumption.
Looking ahead, expect continued volatility in refined soya-bean oil imports driven by geopolitical shifts, fluctuating demand, and evolving dietary trends. Watch for emerging markets like Portugal and Malta to gain traction. Additionally, sustainability and supply chain resilience are likely to influence sourcing patterns in the coming years.
Top countries in Import of Refined Soya-Bean Oil Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 22.21 | 2023 | -1.07% | -0.76% | View data |
| 2 | 2 Belgium | 21.27 | 2023 | +0.91% | -5.58% | View data |
| 3 | 3 Ireland | 14.98 | 2023 | +4.71% | +6.16% | View data |
| 4 | 4 Germany | 14.71 | 2023 | +11.58% | +17.8% | View data |
| 5 | 5 Italy | 12.66 | 2023 | +13.63% | +77.37% | View data |
| 6 | 6 France | 4.79 | 2023 | -8.13% | +9.16% | View data |
| 7 | 7 Poland | 3.74 | 2023 | -0.89% | -3.26% | View data |
| 8 | 8 Netherlands | 3.41 | 2023 | +1.42% | -26.19% | View data |
| 9 | 9 Denmark | 3.3 | 2023 | +14.81% | +2.86% | View data |
| 10 | 10 Portugal | 1.62 | 2023 | -2.92% | +13.02% | View data |
