From 2013 to 2023, Romania's market for oil-cake of vegetable fats or oils saw fluctuations, with notable decreases between 2013 and 2020, followed by a recovery period between 2021 and 2023. In 2023, the market stood at 287.6 million Euros, marking year-on-year growth of 1.98% from 2022. Over the past five years, the market exhibited an average CAGR of 1.87%, showcasing a moderate upward trend post-2020.
Future trends to watch for include potential impacts of sustainability initiatives, changes in agricultural policies and production technologies, and evolving trade dynamics that could further influence the market's size and growth trajectory.
How does Romania rank in Oil-Cake of Vegetable Fats or Oils Market Size Value?
| # | 17 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 3,111,800,000 | 2023 | +1.39% | +2.31% | View data |
| 2 | 2 Poland | 1,713,500,000 | 2023 | +2.4% | +1.51% | View data |
| 3 | 3 Italy | 1,701,500,000 | 2023 | -0.42% | -0.058% | View data |
| 4 | 4 Spain | 1,650,100,000 | 2023 | +1.17% | +1.89% | View data |
| 5 | 5 Denmark | 1,274,100,000 | 2023 | +2.33% | +2.56% | View data |
| 7 | 7 Germany | 846,420,000 | 2023 | -4.16% | -4.16% | View data |
| 8 | 8 Portugal | 425,820,000 | 2023 | +0.78% | -0.37% | View data |
| 9 | 9 Romania | 287,600,000 | 2023 | +1.98% | +1.87% | |
| 10 | 10 Austria | 248,810,000 | 2023 | +1.58% | +0.72% | View data |
| 11 | 11 Belgium | 230,500,000 | 2023 | -6.46% | -4.82% | View data |
