The leading country for the European sold production of margarine and similar edible fats in 2023 was Germany with 28.2%, showing a significant year-on-year increase of 12.1%. The Netherlands and Belgium followed with 18.12% and 17.15%, experiencing slight declines. While the UK and Italy saw decreases of 2.12% and a modest increase of 0.83%, respectively, other notable changes included Sweden's rise by 4.87% and Romania's sharp decline of 9.48%. Over the last two years, trends reflect a mixed dynamic across countries, which speaks to varying market demands and production capabilities.
Future trends to watch include the potential for continued growth in Germany's market share and the ability of countries like Sweden and Serbia to further capitalize on their production increases. Market adaptability, technological advancements, and shifts in consumer preferences will play crucial roles in shaping the landscape of margarine and similar edible fats production across Europe.
Top countries in Sold Production of Margarine and Similar Edible Fats Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 28.2 | 2023 | +1.89% | +12.1% | View data |
| 2 | 2 Netherlands | 18.12 | 2023 | -0.96% | -0.34% | View data |
| 3 | 3 Belgium | 17.15 | 2023 | +0.46% | -0.86% | View data |
| 4 | 4 United Kingdom | 7.96 | 2023 | -1.11% | -2.12% | View data |
| 5 | 5 Italy | 6.19 | 2023 | +3.41% | +0.83% | View data |
| 6 | 6 Spain | 2.96 | 2023 | +6.65% | +0.054% | View data |
| 7 | 7 Denmark | 2.91 | 2023 | -0.45% | -0.71% | View data |
| 8 | 8 Sweden | 2.68 | 2023 | +6.05% | +4.87% | View data |
| 9 | 9 Austria | 2.64 | 2023 | +6.04% | +1.72% | View data |
| 10 | 10 Greece | 1.96 | 2023 | +4.13% | -1.06% | View data |
