The palm oil market size in the Netherlands has exhibited fluctuations from 2012 to 2022. Initially, from 2012 to 2013, the market experienced a sharp decline of 9.8%, followed by a period of moderate recovery and slight fluctuations with an overall stable trend. The year 2015 witnessed a peak value, followed by minor declines and increments in subsequent years. Between 2019 and 2020, there was a significant increase of 8.7%, bouncing back from a previous decline. However, variations remained subtle, with a minor year-on-year increase of 0.18% in 2022.
Over the last two years, the market showcased a minimal variation, indicating stability. The average annual growth rate (CAGR) over the past five years stood at approximately 0.43%, reflecting a relatively flat but stable market trend.
Future trends to watch for in 2024 include potential impacts of sustainability initiatives, regulatory changes, and shifts in consumer preferences towards alternative oils. Additionally, market volatility due to geopolitical factors affecting global supply chains should be closely monitored.
How does the Netherlands rank in Palm Oil Market Size Volume?
# | 7 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Netherlands | 740,180,000 | 2023 | -0.025% | -0.8% | |
2 | 2 United Kingdom | 663,350,000 | 2023 | +2.72% | +2% | View data |
3 | 3 Belgium | 563,500,000 | 2023 | +0.72% | +3.39% | View data |
4 | 4 Germany | 477,840,000 | 2023 | -4.48% | -2.35% | View data |
5 | 5 Sweden | 198,380,000 | 2023 | +4.07% | +4.92% | View data |