In 2023, Spain was the leader in European production of flours and meals of oil seeds or oleaginous fruits, experiencing a slight growth of 1.85%. Italy saw a significant decline of 11.7%, while Finland had an impressive increase of 23.99%. Portugal, Greece, Serbia, and Hungary all faced decreases, with Portugal and Hungary observing the most pronounced contractions. This indicates varying market dynamics and potential shifts in production capabilities or demand across these countries.
Looking ahead, several factors may shape future trends: potential changes in agricultural policies, investments in technology to enhance production efficiency, and market adaptations to consumer health trends. Monitoring these elements will be crucial for anticipating shifts in the European market landscape for these products.
Top countries in Sold Production of Flours and Meals of Oil Seeds or Oleaginous Fruits Share by Country (Kilograms)
| # | 7 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 57.07 | 2023 | +0.94% | +1.85% | View data |
| 2 | 2 Italy | 35.53 | 2023 | +0.5% | -11.7% | View data |
| 3 | 3 Finland | 2.09 | 2023 | +14.68% | +23.99% | View data |
| 4 | 4 Portugal | 0.6 | 2023 | -1.89% | -6.03% | View data |
| 5 | 5 Greece | 0.56 | 2023 | +3.06% | +5.34% | View data |
| 6 | 6 Serbia | 0.47 | 2023 | -0.55% | -0.92% | View data |
| 7 | 7 Hungary | 0.093 | 2023 | -3.53% | -3.72% | View data |