Between 2011 and 2021, the price per unit of oil-cake of vegetable fats or oils in Sweden demonstrated a general upward trend with fluctuations. Starting at 0.42 Euros per kilogram in 2011 and culminating in 0.69 Euros in 2021, the value showed notable growth with 2021 reflecting a significant 25.5% year-over-year increase over 2020, countering previous modest declines and plateaus such as observed in 2015 and 2019. Over the last five years, a compound annual growth rate (CAGR) reveals an average growth in price per year, indicating recovery and increased market demand.
Future trends to watch include potential impacts of global supply chain disruptions and environmental policies on production costs. Additionally, shifts in agricultural practices and demand for alternative plant-based products could affect pricing dynamics moving forward.
