The UK market for oil-cake resulting from the extraction of soya-bean oil reached a volume of 2.0543 billion kilograms in 2023. It demonstrates a modest increase, with year-on-year gains over the past two years at 0.68% for 2023 and 0.7% for 2022. Over the last five years, the compound annual growth rate (CAGR) was 1.81%, reflecting stable yet moderate growth in the market.
Future trends to watch include potential influences from global agricultural policies, trade agreements, and developments in biotechnology affecting soya-bean yields. Additionally, increasing environmental concerns might lead to shifts in demand for plant-based proteins, influencing the oil-cake market landscape.
| # | 15 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 2,717,400,000 | 2023 | -2.72% | -0.59% | View data |
| 2 | 2 Italy | 2,424,000,000 | 2023 | -0.75% | -0.8% | View data |
| 3 | 3 United Kingdom | 2,054,300,000 | 2023 | +0.68% | +1.81% | |
| 4 | 4 Denmark | 1,726,500,000 | 2023 | +1.4% | +1.07% | View data |
| 5 | 5 Belgium | 700,600,000 | 2023 | +1.5% | +0.18% | View data |
