The per capita consumption of rape, colza, and mustard oil in Denmark saw fluctuations from 2013 to 2023. In 2023, it stood at 21.3 kilograms per capita, reflecting a generally increasing trend with a few declines. Notable year-on-year changes included a rise of 2% from 2022 to 2023, and a previous peak decline to 8.44% in 2017 from the previous year. Over a five-year span, the industry exhibited a compound annual growth rate, indicating steady market growth on average despite intermittent dips.
Future trends to watch for include:
- Market response to potential agricultural and environmental policy changes.
- Consumer preference shifts towards healthier oil alternatives.
- Impact of global supply chain variations and climatic conditions on production and pricing.