The sold production of soya-bean oil in the Netherlands stood at 363.15 million kilograms in 2023. Over the last two years, the year-on-year variations were relatively stable with small increments: 1.87% in 2022 and 1.82% in 2023. From 2019 to 2023, the compound annual growth rate (CAGR) was 7.04%. Historically, production has seen fluctuations, with a notable decline between 2013 and 2015, followed by a recovery and significant growth from 2019 onward.
The forecast data from 2024 to 2028 suggests a modest average annual growth rate (CAGR) of 1.32%, leading to a 6.77% increase over the five years. Future trends to watch include the impact of global trade policies, innovations in agricultural practices, and shifts in consumer demand for plant-based oils, which could influence production levels.
