The European import of crude palm oil shows a significant concentration with the Netherlands and Spain holding predominant shares at 41.04% and 36.86% respectively. Italy and Germany follow distantly, while other countries illustrate much smaller proportions. Year-on-year analysis indicates noteworthy increases in Spain (24.98%) and smaller countries like Estonia (89.37%), pointing to potential market redistributions. Negative growth in Denmark (-5.69%) and Portugal (-8.4%) suggests decreasing import activities.
Future trends to watch include:
- The increasing share of Spain might challenge the Netherlands' dominance if the trend continues.
- Shifts in the smaller market shares could indicate emerging economic and policy changes affecting imports.
- Changes in environmental policies within the EU could impact the use and sourcing of palm oil, influencing future import share dynamics.
Top countries in Import of Crude Palm Oil Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 41.04 | 2023 | +7.83% | +4.15% | View data |
| 2 | 2 Spain | 36.86 | 2023 | +28.02% | +24.98% | View data |
| 3 | 3 Italy | 9.31 | 2023 | +0.0088% | +0.9% | View data |
| 4 | 4 Germany | 4.8 | 2023 | -0.0083% | +2.24% | View data |
| 5 | 5 France | 2.27 | 2023 | -0.054% | +7.25% | View data |
| 6 | 6 United Kingdom | 1.34 | 2023 | +2.84% | +6.85% | View data |
| 7 | 7 Belgium | 1.19 | 2023 | -0.035% | +1.87% | View data |
| 8 | 8 Ireland | 1.03 | 2023 | +3.21% | +1.96% | View data |
| 9 | 9 Poland | 0.2 | 2023 | +6.34% | +13.49% | View data |
| 10 | 10 Denmark | 0.18 | 2023 | +3.1% | -5.69% | View data |
