The volume of the market for oil-cake resulting from the extraction of soya-bean oil in Portugal has displayed a downward trend from 2013 to 2023, declining to 551.49 million kilograms in 2023. Over the last two years, the year-on-year changes showed a decrease of 2.14% in 2022 and 2.16% in 2023. The compound annual growth rate (CAGR) over the past five years was -2.07%, indicating a sustained decrease in market volume.
Looking ahead, future trends to watch include potential changes in consumer preferences towards sustainability, fluctuations in global soybean production, and geopolitical factors impacting the supply chain. These could significantly influence the market dynamics and demand for soy-based products in Portugal.
How does Portugal rank in Oil-Cake Resulting from the Extraction of Soya-Bean Oil Market Size Volume?
| # | 15 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 2,717,400,000 | 2023 | -2.72% | -0.59% | View data |
| 2 | 2 Italy | 2,424,000,000 | 2023 | -0.75% | -0.8% | View data |
| 3 | 3 United Kingdom | 2,054,300,000 | 2023 | +0.68% | +1.81% | View data |
| 4 | 4 Denmark | 1,726,500,000 | 2023 | +1.4% | +1.07% | View data |
| 5 | 5 Belgium | 700,600,000 | 2023 | +1.5% | +0.18% | View data |
| 6 | 6 Portugal | 551,490,000 | 2023 | -2.16% | -2.07% | |
| 7 | 7 Greece | 401,110,000 | 2023 | +1.55% | +6.79% | View data |
| 8 | 8 Romania | 356,310,000 | 2023 | -0.67% | -1.59% | View data |
