The European export of refined palm oil showcases Germany as the largest supplier with 539.79 million kilograms in 2023, displaying a modest year-on-year increase of 2.71%. Italy and Greece demonstrated significant growth, with Greece rising by 13.05%. Noteworthy negative trends were observed in Denmark and Belgium, declining by 3.91% and 7.33%, respectively. Smaller markets like Portugal and Austria reported substantial growth, while countries like Slovenia and Malta experienced sharp declines. Over the past five years, the Compound Annual Growth Rate (CAGR) varied across the countries, with emerging markets showing more dynamic growth.
Future trends to watch in European refined palm oil exports include increasing demand in sustainable palm oil, potential impacts from agricultural policy changes, and emerging markets' continued expansion. Monitoring environmental considerations and trade agreements will be crucial for understanding direction and potential shifts in the European export landscape.
Top countries in Export of Refined Palm Oil by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 539,790,000 | 2023 | +2.86% | +2.71% | View data |
| 2 | 2 Italy | 163,020,000 | 2023 | -5.03% | +6.18% | View data |
| 3 | 3 Denmark | 85,231,000 | 2023 | +1.38% | -3.91% | View data |
| 4 | 4 Belgium | 83,145,000 | 2023 | -7.74% | -7.33% | View data |
| 5 | 5 Greece | 76,739,000 | 2023 | -25.24% | +13.05% | View data |
| 6 | 6 Spain | 64,624,000 | 2023 | +10.24% | +0.22% | View data |
| 7 | 7 Sweden | 46,997,000 | 2023 | +2.82% | +14.61% | View data |
| 8 | 8 Bulgaria | 10,376,000 | 2023 | +1.45% | -0.23% | View data |
| 9 | 9 Czechia | 7,122,000 | 2022 | |||
| 10 | 10 Portugal | 5,591,700 | 2023 | +2.29% | +81.26% | View data |
