Between 2013 and 2023, Italy's Oil-Cake of Vegetable Fats or Oils market exhibited fluctuations with an overall downward trend from its peak in 2015. In 2023, the market size stood at 1.7015 Billion Euros. The year-on-year rate saw modest growth and declines, with notable contraction from 2016 to 2020. Over the last two years, the market experienced slight declines, while the compound annual growth rate over the last five years nearly stabilized at -0.058%.
Future trends to watch include:
- Potential market stabilization or recovery as economic conditions improve post-2023.
- Impact of sustainability and plant-based dietary trends on demand.
- Technological advancements in oil-cake production and evolving consumption patterns.
How does Italy rank in Oil-Cake of Vegetable Fats or Oils Market Size Value?
| # | 17 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 3,111,800,000 | 2023 | +1.39% | +2.31% | View data |
| 2 | 2 Poland | 1,713,500,000 | 2023 | +2.4% | +1.51% | View data |
| 3 | 3 Italy | 1,701,500,000 | 2023 | -0.42% | -0.058% | |
| 4 | 4 Spain | 1,650,100,000 | 2023 | +1.17% | +1.89% | View data |
| 5 | 5 Denmark | 1,274,100,000 | 2023 | +2.33% | +2.56% | View data |
