The Netherlands maintained its leading position in the European export of chemically modified fats and oils, despite a slight decline of 1.35% from 2023. Spain showed remarkable growth with a 39.14% increase, narrowing the gap with the Netherlands. Germany and Belgium exhibited modest increases, while Italy and Poland had more significant gains of over 20%. The United Kingdom, France, and Lithuania saw steady growth, with double-digit increases for Lithuania. Slovakia and Hungary experienced downturns, with Hungary suffering the most substantial decline of 18.22%. Other countries like Greece and Estonia saw robust growth, indicating a broadening base for export activities across Europe.
Looking ahead, a continued shift towards sustainable and eco-friendly production methods is expected to influence European exports. Countries currently showing high growth rates, such as Spain and Greece, may further enhance their share by adopting innovative practices. Diversification, technological advancements in processing, and addressing trade barriers will remain critical for sustaining and expanding market presence globally. Watch for increased competitiveness among emerging European players and potential regulatory changes impacting trade dynamics.
Top countries in Export of Animal or Vegetable Fats and Oils Chemically Modified Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 36.48 | 2023 | -2.76% | -1.35% | View data |
| 2 | 2 Spain | 17.91 | 2023 | +18.51% | +39.14% | View data |
| 3 | 3 Germany | 10.09 | 2023 | +0.68% | +0.19% | View data |
| 4 | 4 Belgium | 5.94 | 2023 | +10.21% | +8.76% | View data |
| 5 | 5 Italy | 5.65 | 2023 | +10.57% | +22.48% | View data |
| 6 | 6 Poland | 5.36 | 2023 | +4.65% | +6.39% | View data |
| 7 | 7 United Kingdom | 5.26 | 2023 | +4.34% | +9.58% | View data |
| 8 | 8 France | 2.66 | 2023 | +2.91% | +7.07% | View data |
| 9 | 9 Austria | 2.26 | 2023 | +2.17% | +1.28% | View data |
| 10 | 10 Lithuania | 1.79 | 2023 | +5.48% | +13.32% | View data |
