Between 2012 and 2022, the palm oil market size volume per capita in the UK exhibited significant fluctuations. Starting from 6.5 kg per capita in 2012, the value showed an overall increasing trend with some intermittent dips. Notable increases were observed in 2014 (7.35 kg), 2017 (7.8 kg), and particularly strong growth from 2018 onwards, peaking at 9.65 kg per capita in 2022.
Year-on-year percentage variations over the last two years were positive, with an increase of 2.85% from 2021 to 2022. The last five-year CAGR (Compound Annual Growth Rate) was approximately 5.5%, indicating a steady long-term upward trend in consumption.
In 2023, the value was slightly above the previous year, signalling a continued, albeit modest, increase in per capita consumption.
Future trends to watch for include:
- Continued consumer demand for sustainable and ethically sourced palm oil.
- Potential regulatory changes or industry shifts towards alternative oils.
- Emerging technological advancements in palm oil production and processing.
- Increased public awareness and consumer education on the environmental impact of palm oil.
How does the United Kingdom rank in Palm Oil Market Size Volume Per Capita?
| # | 7 Countries | Kilograms Per Capita | Last Year | |
|---|---|---|---|---|
| 1 | 1 Belgium | 49.46 | 2023 | View data |
| 2 | 2 Netherlands | 42.55 | 2023 | View data |
| 3 | 3 Denmark | 34.89 | 2023 | View data |
| 4 | 4 Sweden | 16.61 | 2023 | View data |
| 5 | 5 United Kingdom | 9.89 | 2023 | |
| 6 | 6 Germany | 6.37 | 2023 | View data |
| 7 | 7 Lithuania | 5.29 | 2023 | View data |
