In 2023, Sweden dominated the European import market for partly or wholly hydrogenated animal fats and oils, accounting for 59.44% of imports by kilograms. Sweden's imports surged by 132.88% year-over-year, indicating a significant increase in demand or logistics capacity. Hungary followed with 15.02%, showing modest growth of 1.42%. The United Kingdom, Netherlands, and Germany rounded out the top five importers. Notably, countries like Spain and Denmark displayed remarkable growth, up by 42.94% and 20.94% respectively. However, some markets like Belgium and Croatia experienced declines.
Future trends to watch include the potential impact of environmental policies on hydrogenated fat imports and the exploration of alternative fats and oils due to health concerns. As Sweden's demand surges, examining shifts in consumption patterns there could provide insights. A wider European pivot towards healthier alternatives might alter import demands. Additionally, any further socio-economic changes, such as inflation or trade agreements, could influence future import volumes and shares among European countries.
Top countries in Import of Partly or Wholly Hydrogenated Animal Fats and Oils Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 59.44 | 2023 | +1.63% | +132.88% | View data |
| 2 | 2 Hungary | 15.02 | 2023 | +4.03% | +1.42% | View data |
| 3 | 3 United Kingdom | 5.78 | 2023 | +3.46% | +7.73% | View data |
| 4 | 4 Netherlands | 5.31 | 2023 | +4.52% | +2.38% | View data |
| 5 | 5 Germany | 4.81 | 2023 | +8.55% | +8.56% | View data |
| 6 | 6 Spain | 4.6 | 2023 | +9.32% | +42.94% | View data |
| 7 | 7 Denmark | 2.89 | 2023 | -13.01% | +20.94% | View data |
| 8 | 8 Romania | 1.86 | 2023 | +4.91% | +4% | View data |
| 9 | 9 France | 1.44 | 2023 | -2.17% | -2.77% | View data |
| 10 | 10 Poland | 1.31 | 2023 | +6.19% | +22.21% | View data |
