From 2014 to 2023, the animal fats market volume in Spain exhibited a clear decline. Starting at 225.0 thousand metric tons in 2014, it decreased to 169.0 thousand metric tons by 2023. Significant annual variations include a 10.96% drop in 2016 and a 13.79% decline in 2017, with only modest recoveries such as a 6.86% uptick in 2018. Year-on-year declines for 2022 and 2023 were -1.71% and -1.74%, respectively. The compound annual growth rate (CAGR) over the last five years stood at -2%. This period highlights an ongoing decreasing trend in the market volume.

Future trends to watch for:

Ongoing decline with a forecasted CAGR of -1.63% from 2024 to 2028.
Potential influences including increased demand for plant-based alternatives and changing consumer preferences.
Environmental regulations and health trends impacting production and consumption patterns.