The oil-cake market from the extraction of vegetable fats and oils in Spain stood at 3.9826 billion kilograms in 2023. Analyzing the trend over recent years, the market experienced slight fluctuations but mostly showed a stable demand. The year-on-year growth saw a minor increase of 1.69% in 2023, indicating a gradual recovery after previous declines. Over the last five years, the compound annual growth rate (CAGR) displayed slight upward trends despite periodic downturns.
Future trends to watch for include:
- Potential impacts of agricultural policies and sustainability initiatives on production.
- Shifting consumer preferences towards plant-based diets, possibly increasing demand.
- Technological advancements in extraction processes improving efficiency and output.
| # | 6 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 3,982,600,000 | 2023 | +1.69% | +0.46% | |
| 2 | 2 Germany | 359,540,000 | 2023 | -0.37% | -1% | View data |
| 3 | 3 Belgium | 251,450,000 | 2023 | -2.54% | -0.63% | View data |
| 4 | 4 France | 231,170,000 | 2023 | +0.17% | -3.09% | View data |
| 5 | 5 Sweden | 37,764,000 | 2023 | -1.71% | -3.22% | View data |
