The Finnish market for oil-cake resulting from the extraction of soya-bean oil demonstrated significant fluctuations from 2013 to 2023. Starting from a market value of 80.643 million euros in 2013, it experienced both peaks and declines, reaching 49.7 million euros by 2023. A negative growth trend is evident, with a compounded annual growth rate (CAGR) of -3.37% over the last five years. The market has seen consistent year-on-year declines since 2021, including a -5.5% drop from 2022 to 2023, indicating a steady downward trend.
Future trends to watch for include:
- The influence of global soy production and pricing on market recovery or further decline.
- The impact of sustainable agricultural practices and alternative feed options on demand.
- Potential policy changes impacting trade and environmental considerations within the EU.
| # | 13 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,433,600,000 | 2023 | -0.9% | -0.098% | View data |
| 2 | 2 Italy | 1,118,700,000 | 2023 | -1.97% | -2.03% | View data |
| 3 | 3 United Kingdom | 1,051,100,000 | 2023 | -0.21% | -0.042% | View data |
| 4 | 4 Spain | 1,047,300,000 | 2023 | -1.11% | +1.62% | View data |
| 5 | 5 Denmark | 912,720,000 | 2023 | +1.25% | +1.37% | View data |
| 11 | 11 Bulgaria | 74,373,000 | 2023 | +1.93% | +2.75% | View data |
| 12 | 12 Lithuania | 63,292,000 | 2023 | +0.59% | +0.11% | View data |
| 13 | 13 Finland | 49,700,000 | 2023 | -5.5% | -3.37% | |
