In 2023, Italy led the European market with 35.59% share in sold production of oil-cake and solid residues, followed by Spain at 29.04%, and Belgium at 20.55%. Other significant countries include Greece and Portugal with minor shares. Germany and Austria have shown substantial growth due to increases of 27.69% and 32.29% respectively. Meanwhile, Portugal and Hungary witnessed notable declines.
Future trends to watch include:
- Italy's dominance continuing, given its significant year-on-year growth.
- Potential for emerging players in the market owing to technological advancements.
- Environmental policies and EU regulations impacting production methods and regional focuses.
Top countries in Sold Production of Oil-Cake and Other Solid Residues from Extraction of Vegetable Fats and Oils Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 35.59 | 2023 | +0.83% | +58.85% | View data |
| 2 | 2 Spain | 29.04 | 2023 | +6.81% | +0.51% | View data |
| 3 | 3 Belgium | 20.55 | 2023 | +1.49% | +5.03% | View data |
| 4 | 4 Greece | 3.8 | 2023 | +3.83% | +0.15% | View data |
| 5 | 5 Portugal | 2.32 | 2023 | -1.91% | -18.33% | View data |
| 6 | 6 France | 1.77 | 2023 | +8.56% | +13.45% | View data |
| 7 | 7 Austria | 1.66 | 2023 | +23.25% | +32.29% | View data |
| 8 | 8 Germany | 1.28 | 2023 | -5.16% | +27.69% | View data |
| 9 | 9 Poland | 1.14 | 2023 | +4.1% | +4.94% | View data |
| 10 | 10 Denmark | 0.46 | 2023 | -4.4% | +11.14% | View data |
