In 2023, the sold production values of soya-bean oil in Europe vary significantly by country, with the Netherlands leading at €208.4 million, followed by Italy at €161.96 million, and Spain at €106.88 million. Portugal and Greece register €50.05 million and €40.939 million, respectively. Germany and Denmark report the lowest figures at €15.06 million and €0.10044 million.
The year-on-year analysis for 2023 reveals divergent trends:
- Netherlands experienced a slight growth of 3.01%.
- Italy saw a notable decline, decreasing by 9.74%.
- Spain's production increased significantly by 10.54%.
- Portugal showed a modest growth of 2.52%.
- Greece had a moderate increase of 5.48%.
- Denmark's small base value saw a substantial increase of 177.03%.
Future trends to watch include potential shifts driven by changes in agricultural policy, supply chain dynamics, and consumer demand for plant-based oils. Additionally, technological advancements and sustainability initiatives could influence production practices and market positioning across European countries.
Top countries in Sold Production of Soya-Bean Oil by Country
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 208,400,000 | 2023 | +0.0028% | +3.01% | View data |
| 2 | 2 Italy | 161,960,000 | 2023 | +4.09% | -9.74% | View data |
| 3 | 3 Spain | 106,880,000 | 2023 | -0.53% | +10.54% | View data |
| 4 | 4 Portugal | 50,050,000 | 2023 | +8.97% | +2.52% | View data |
| 5 | 5 Greece | 40,939,000 | 2023 | -1.08% | +5.48% | View data |
| 6 | 6 Germany | 15,060,000 | 2021 | +9.81% | +10.06% | View data |
| 7 | 7 Denmark | 100,440 | 2023 | +117.71% | +177.03% | View data |