The market size for oil-cake derived from soya-bean oil in Croatia has shown a general upward trend over the past decade, reaching 49.79 kilograms per capita in 2023. Notably, the market experienced a significant increase from 2013 through 2023, highlighting a growing demand.
Over the last two years from 2021 to 2023, the year-on-year variations were quite modest, indicating a stabilization phase post a marked surge in 2020. The 5-year compound annual growth rate points to a solid average growth rate, underscoring sustained interest and application of the product.
Future trends to observe include:
- Potential impacts of agricultural and trade policies on supply and pricing
- Shifts in domestic demand driven by changes in the livestock and food-processing industries
- Innovations in soya production that could affect oil-cake availability and cost
