In 2023, the European oil-cake market size stemming from soya-bean oil extraction saw varying performance by country. France led the market with a value of 1.4336 billion Euros, followed by Italy and the United Kingdom with 1.1187 and 1.0511 billion Euros, respectively. Year-on-year trends showed marked changes, with Spain and Denmark experiencing growth at rates of 1.62% and 1.37%, while Finland's market contracted by 3.37%. Although Bulgaria and Croatia exhibited positive trends with increases of 2.75% and 0.39%, countries like Italy, Portugal, and Romania faced declines of more than 1%.
Looking ahead, significant factors to monitor include sustainability trends influencing supply chain practices, changes in European agricultural policies impacting soy production, and potential shifts in global soy market dynamics. Enhanced interest in alternative protein sources might further shape market trajectories and demand across these nations.
Top countries in Oil-Cake Resulting from the Extraction of Soya-Bean Oil Market Size Value by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,433,600,000 | 2023 | -0.9% | -0.098% | View data |
| 2 | 2 Italy | 1,118,700,000 | 2023 | -1.97% | -2.03% | View data |
| 3 | 3 United Kingdom | 1,051,100,000 | 2023 | -0.21% | -0.042% | View data |
| 4 | 4 Spain | 1,047,300,000 | 2023 | -1.11% | +1.62% | View data |
| 5 | 5 Denmark | 912,720,000 | 2023 | +1.25% | +1.37% | View data |
| 6 | 6 Belgium | 307,430,000 | 2023 | -3.01% | +0.041% | View data |
| 7 | 7 Portugal | 293,760,000 | 2023 | -0.5% | -1.21% | View data |
| 8 | 8 Romania | 173,550,000 | 2023 | +0.12% | -1.48% | View data |
| 9 | 9 Greece | 156,590,000 | 2023 | +0.14% | -0.38% | View data |
| 10 | 10 Croatia | 99,501,000 | 2023 | +0.79% | +0.39% | View data |