The European market for refined palm oil production share is led by the Netherlands, commanding a considerable portion significantly ahead of other countries. In 2023, the Netherlands, United Kingdom, and Germany represented the top three markets. Notably, Lithuania exhibited the highest growth rate in 2023 with over a 100% increase, albeit from a small base. While Finland saw a substantial decline, this highlights varied market dynamics across Europe.
Looking ahead, potential shifts in consumer preferences, regulatory changes, and sustainability pressures could reshape palm oil production. It's crucial to monitor these factors, along with technological advancements, which may influence future production methods and market share allocations.
Top countries in Sold Production of Refined Palm Oil Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 56.3 | 2023 | +1.72% | +0.58% | View data |
| 2 | 2 United Kingdom | 13.99 | 2023 | +0.54% | +0.29% | View data |
| 3 | 3 Germany | 10.63 | 2023 | +2.4% | +11.76% | View data |
| 4 | 4 Italy | 6.81 | 2023 | +3.49% | +6.29% | View data |
| 5 | 5 Denmark | 6.46 | 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 | 0.004 | 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 |
