In 2024, Spain leads the European oilseeds domestic extraction share with 19.57 thousand metric tons, followed by Romania (12.48) and France (11.99). Spain's extraction decreased by 3.43% from 2023, while Romania experienced a 2.84% growth. France saw a decline of 3.24%. Among the top producers, Poland showed significant growth at 6.55%, while Germany declined by 6.04%. Smaller producers like Lithuania (18.21%), Latvia (14.65%), and Estonia (11.28%) showed notable increases. Switzerland (1.64%) and Bosnia and Herzegovina (5.94%) presented modest growths. Conversely, Luxembourg experienced a substantial decrease of 12.86%, indicating potential volatility.
Future trends to watch for in the European oilseeds market include the growing extraction capacities in Eastern European countries such as Lithuania, Latvia, and Estonia. Additionally, monitoring the production stability in leading countries like Spain and France and the expansion of smaller contributors will be crucial for understanding market dynamics and potential shifts in the European oilseeds landscape.
Top countries in Oilseeds Domestic Extraction Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 19.57 | 2023 | +1.31% | -3.43% | View data |
| 2 | 2 Romania | 12.48 | 2023 | +15.05% | +2.84% | View data |
| 3 | 3 France | 11.99 | 2023 | -0.018% | -3.24% | View data |
| 4 | 4 Italy | 6.92 | 2023 | -1.66% | -0.58% | View data |
| 5 | 5 Poland | 6.57 | 2023 | +1.78% | +6.55% | View data |
| 6 | 6 Hungary | 6.04 | 2023 | +2.11% | -1.16% | View data |
| 7 | 7 Bulgaria | 6 | 2023 | +6.11% | +2.61% | View data |
| 8 | 8 Germany | 5.48 | 2023 | -8.85% | -6.04% | View data |
| 9 | 9 Greece | 4.84 | 2023 | -1.46% | +0.27% | View data |
| 10 | 10 United Kingdom | 3.72 | 2023 | -1.44% | -3.02% | View data |
