In 2023, Spain led European production of oil-cake and other solid residues of vegetable fats or oils, contributing significantly to the market, followed closely by Germany and France. Italy and Portugal displayed robust growth, with Italy recording the highest year-on-year increase among major producers. Eastern European countries like Romania and Bulgaria also saw notable increments, while France and Greece experienced declines. Over a five-year period, most countries exhibited steady growth, with Bulgaria and Hungary showing remarkable annual growth rates, while Slovenia, despite low production, significantly increased its output.
Looking ahead to 2024, European production is expected to remain strong. Trends to watch include potential growth in Eastern Europe, influenced by increasing agricultural investments, and shifts in production priorities due to sustainability and trade policies. Continued growth in Italy and Portugal may lead to more competitive dynamics within the region.
Top countries in Sold Production of Oil-Cake and Other Solid Residues of Vegetable Fats or Oils by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 5,248,500,000 | 2023 | +9.74% | +2.41% | View data |
| 2 | 2 Germany | 4,313,900,000 | 2023 | +0.6% | +2.33% | View data |
| 3 | 3 France | 2,463,400,000 | 2023 | -1.27% | -5.08% | View data |
| 4 | 4 Italy | 1,668,200,000 | 2023 | +2.59% | +7.7% | View data |
| 5 | 5 Portugal | 1,248,000,000 | 2023 | +4.42% | +5.75% | View data |
| 6 | 6 Poland | 1,183,900,000 | 2023 | +2.2% | +2.98% | View data |
| 7 | 7 Romania | 1,061,800,000 | 2023 | +3.73% | +3.32% | View data |
| 8 | 8 Bulgaria | 945,560,000 | 2023 | +4.64% | +7.2% | View data |
| 9 | 9 Hungary | 936,310,000 | 2023 | +3.93% | +6.51% | View data |
| 10 | 10 Serbia | 426,060,000 | 2023 | +1.93% | +2.08% | View data |
