The Oil-Cake of Vegetable Fats or Oils Market in the UK has shown a declining trend from 2013 to 2023, with a value of 1.2635 billion Euros in 2023. Significant declines occurred between 2013 and 2017, followed by fluctuations from 2019 onward. The market experienced a minor resurgence in 2019 and 2018, though subsequent years saw a gentle decline. The year-on-year variations were consistently negative in the recent years, with a milder drop of 0.8% in 2023 compared to previous years. Over the last five years, the Compound Annual Growth Rate averaged a moderate decrease, indicating stagnation with sporadic recovery.
Future trends to watch for include:
- Potential shifts in consumer preferences as attitudes towards plant-based nutrition continue to evolve.
- Possible impacts from agricultural policy changes or climate effects on crop yields.
- Technological advancements in processing that could affect supply dynamics or market expansion opportunities.
How does the United Kingdom rank in Oil-Cake of Vegetable Fats or Oils Market Size Value?
| # | 17 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 3,111,800,000 | 2023 | +1.39% | +2.31% | View data |
| 2 | 2 Poland | 1,713,500,000 | 2023 | +2.4% | +1.51% | View data |
| 3 | 3 Italy | 1,701,500,000 | 2023 | -0.42% | -0.058% | View data |
| 4 | 4 Spain | 1,650,100,000 | 2023 | +1.17% | +1.89% | View data |
| 5 | 5 Denmark | 1,274,100,000 | 2023 | +2.33% | +2.56% | View data |
| 6 | 6 United Kingdom | 1,263,500,000 | 2023 | -0.8% | +0.55% | |
| 7 | 7 Germany | 846,420,000 | 2023 | -4.16% | -4.16% | View data |
| 8 | 8 Portugal | 425,820,000 | 2023 | +0.78% | -0.37% | View data |
