The soybean oil market volume in Netherlands has shown varying trends over the past decade. Starting at 75.0 thousand metric tons in 2014, the market experienced an increase, peaking at 84.0 thousand metric tons in 2016. However, it then witnessed fluctuations, dropping to 76.0 in 2017, and stabilizing around 78.0 thousand metric tons from 2019 onwards. By 2023, the volume stood at 78.0 thousand metric tons, showing no year-on-year variation in the recent years and indicating a sluggish growth pattern with a CAGR of 0.26% over the last five years.
Key points:
- The market volume in 2023 is 78.0 thousand metric tons.
- The last two years (2023 and 2022) showed zero year-on-year variation.
- The CAGR over the last five years is 0.26%.
- The market is expected to stabilize at 78.0 thousand metric tons up to 2028, with no predicted growth and a forecasted five-year CAGR of 0%.
In the future, potential factors that could influence the soybean oil market in the Netherlands include policy changes regarding biodiesel usage, shifts in consumer preferences towards healthier oils, and supply chain disruptions. Monitoring these drivers will be crucial for anticipating market changes.
