The Oil-Cake from Extraction of Vegetable Fats and Oils market in Slovenia showed steady growth from 2013 to 2018, with the per capita value increasing from €0.42 to €0.82. However, a slight declining trend followed from 2018 to 2023, culminating at €0.72 per capita. Over the last two years, the year-on-year variation was -3.9% for both 2022 and 2023, reflecting a decrease in value.
The Compound Annual Growth Rate (CAGR) over the last five years has been negative, indicating a contraction trend, influenced by various factors like market saturation, potential declines in demand, or competitive challenges in the oil-cake industry.
Future trends to watch for:
- Potential shifts in consumer preferences towards dietary alternatives.
- Impact of technological advancements on production efficiency.
- Regulatory changes affecting the vegetable oil extraction industry.
