The market size volume for Oil-Cake of Vegetable Fats or Oils in Belgium has fluctuated over the past decade, reaching 513.21 million kilograms in 2023. The market experienced both ups and downs, notably declining from 2018 to 2020, then seeing a partial recovery in 2021 followed by subsequent decreases. Over the last two years, there was an overall decline, with a year-on-year decrease of 17.07% in 2022 and 3.31% in 2023. The compound annual growth rate (CAGR) for the past five years averaged at -0.51%, showing a general downward trend.
Future trends to watch include potential shifts in global supply chains, the impact of sustainability efforts, EU regulations on agricultural imports, and possible innovations in alternative feedstock. These factors could significantly influence the market dynamics in the coming years.
| # | 16 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 7,225,500,000 | 2023 | +2.06% | -0.75% | View data |
| 2 | 2 France | 6,997,600,000 | 2023 | +0.44% | +0.11% | View data |
| 3 | 3 Germany | 4,313,100,000 | 2023 | +1.57% | -0.17% | View data |
| 4 | 4 Italy | 3,834,400,000 | 2023 | -0.81% | -0.97% | View data |
| 5 | 5 Poland | 3,444,200,000 | 2023 | -0.2% | +0.7% | View data |
| 9 | 9 Austria | 576,120,000 | 2023 | +0.11% | +0.78% | View data |
| 10 | 10 Greece | 553,710,000 | 2023 | +0.93% | +2.19% | View data |
| 11 | 11 Belgium | 513,210,000 | 2023 | -3.31% | -0.51% | |
| 12 | 12 Finland | 457,230,000 | 2023 | +0.26% | -0.095% | View data |
| 13 | 13 Sweden | 335,700,000 | 2023 | -0.75% | -1.09% | View data |
