Forecast: Oilseeds Processing in Netherlands

The oilseeds processing industry in the Netherlands has shown a relatively stable trend from 2014 to 2023, with minor fluctuations. In 2023, the volume stood at 4.38 million metric tons, marking a year-on-year increase of 0.18%. Notably, from 2018 to 2023, the industry exhibited varying growth rates with a peak increase of 5.18% in 2018, while experiencing a decline of 3.9% in 2016. The five-year CAGR from 2019 to 2023 is -0.13%, reflecting a slight average annual decrease.

Future trends to watch for include:

  • A projected steady growth from 2024 to 2028 with a forecasted 5-year CAGR of 0.13%.
  • Anticipated growth in volume reaching 4.42 million metric tons by 2028, indicating a 5-year growth rate of 0.66%.
  • Potential impacts of sustainability practices and technological advancements in processing on the industry.

Top Countries about Cottonseed