The European market for margarine and reduced and low-fat spreads showed varying import levels in 2023. The United Kingdom led with 91.264 million kilograms, reflecting an 11.11% increase year-on-year, followed by France at 79.583 million kilograms, which saw minimal growth. Hungary, Germany, and Spain also performed strongly, with Spain experiencing a notable 15.04% increase. Conversely, imports declined in the Netherlands, Italy, Sweden, Ireland, Bulgaria, and Latvia.
Over the last five years, the compound annual growth rate (CAGR) has shown mixed trends, indicating both growth and decline across different countries. Noteworthy positive growth included Denmark at 18.3% and Romania at 11.67%, highlighting regions with increasing demand. On the other hand, countries such as Lithuania, Latvia, and Ireland faced reductions.
Future trends to watch include the rise of health-conscious consumer behavior, potentially increasing demand for low-fat and reduced-fat spreads. Economic conditions and trade policies within Europe will also play critical roles in shaping the import dynamics of these products.
Top countries in Import of Margarine and Reduced and Low Fat Spreads by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 91,264,000 | 2023 | +3.82% | +11.11% | View data |
| 2 | 2 France | 79,583,000 | 2023 | +3.98% | +0.045% | View data |
| 3 | 3 Hungary | 64,185,000 | 2023 | +2.15% | +3.85% | View data |
| 4 | 4 Germany | 56,253,000 | 2023 | +11.69% | +1.18% | View data |
| 5 | 5 Czechia | 53,240,000 | 2023 | |||
| 6 | 6 Spain | 42,704,000 | 2023 | +9.64% | +15.04% | View data |
| 7 | 7 Belgium | 25,851,000 | 2023 | +14.16% | +4.15% | View data |
| 8 | 8 Netherlands | 21,998,000 | 2023 | +2.02% | -2.09% | View data |
| 9 | 9 Greece | 21,207,000 | 2023 | +5.36% | +7.3% | View data |
| 10 | 10 Portugal | 19,321,000 | 2023 | +6.45% | +0.0035% | View data |
