The European market for palm oil shows significant disparities in production value by country. In 2024, the Netherlands leads with 56.36% share, followed by the United Kingdom at 14.01%, and Germany at 10.64%. Italy and Denmark follow at 6.82% and 6.47%, respectively. Belgium, Greece, Lithuania, Hungary, and Finland hold smaller shares ranging from 4.26% down to 0.0011%. From 2023 to 2024, Germany and Greece saw substantial growths of 11.76% and 10.87%, while Belgium and Finland experienced declines of 1.25% and 26.44%. Lithuania showed an exceptional rise of 113.28%, indicating a rapidly gaining market presence.
Looking ahead, several trends will shape the European Sold Production of Palm Oil market: increased demand for sustainable palm oil, potential regulatory changes impacting production and import policies, and technological advancements in palm oil extraction. Monitoring these developments will be crucial for understanding future shifts in market shares among European countries.
Top countries in Sold Production of Palm Oil Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 56.36 | 2023 | +1.72% | +0.58% | View data |
| 2 | 2 United Kingdom | 14.01 | 2023 | +0.54% | +0.29% | View data |
| 3 | 3 Germany | 10.64 | 2023 | +2.4% | +11.76% | View data |
| 4 | 4 Italy | 6.82 | 2023 | +3.49% | +6.29% | View data |
| 5 | 5 Denmark | 6.47 | 2023 | +4.69% | +5.56% | View data |
| 6 | 6 Belgium | 4.26 | 2023 | -0.12% | -1.25% | View data |
| 7 | 7 Greece | 1.94 | 2023 | +4.51% | +10.87% | View data |
| 8 | 8 Lithuania | 0.005 | 2023 | +7.43% | +113.28% | View data |
| 9 | 9 Hungary | 0.003 | 2023 | +6.55% | +3.72% | View data |
| 10 | 10 Finland | 0.001 | 2023 | -51.75% | -26.44% | View data |