The oil-cake market in Spain, valued at 217.11 million Euros in 2023, has shown variable growth trends over the last decade. From 2013 to 2023, the market experienced fluctuations with noticeable peaks in 2017. Recent trends show modest growth with a year-on-year increase of 1.95% in 2023. The Compound Annual Growth Rate (CAGR) over the past five years is 0.89%, indicating a slow growth trajectory.
Future trends to watch for include:
- Market adaptiveness to increasing sustainability demands in agricultural practices.
- Potential shifts in demand due to changing dietary preferences towards plant-based alternatives.
- Impact of advancements in extraction technologies improving yield and lowering costs.
- Influence of global trade dynamics on Spain's oil-cake export and import activities.
How does Spain rank in Oil-Cake from Extraction of Vegetable Fats and Oils Market Size Value?
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 217,110,000 | 2023 | +1.95% | +0.89% | |
| 2 | 2 Belgium | 73,401,000 | 2023 | -1.69% | -0.58% | View data |
| 3 | 3 France | 72,128,000 | 2023 | -1.29% | -1.39% | View data |
| 4 | 4 Slovenia | 1,841,600 | 2023 | +6.56% | +1.67% | View data |
| 5 | 5 Croatia | 333,000 | 2023 | +0.42% | +1.27% | View data |
