The European soybean production market shows significant disparity in producer prices by country. In 2023, Italy led the market with a value of 459.47 million euros, while Portugal trailed with 0.1 million euros. Year-on-year growth in 2022 was notable in Austria (15.61%) and Switzerland (15.08%), while Greece experienced a decline of 0.33%. Over the last five years, trends indicate consistent annual growth in many regions, with Italy maintaining a leading position.
Future trends to watch include:
- Increased demand for locally produced soybeans driven by sustainability concerns.
- Influence of climate change on yield variability across European countries.
- Potential price fluctuations based on global market conditions and supply chain issues.
Top countries in Soybean Production at Producer Price by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 459.47 | 2022 | +16.14% | +7.91% | View data |
| 2 | 2 France | 243.49 | 2022 | +7.92% | +11.18% | View data |
| 3 | 3 Austria | 159.54 | 2022 | +14.4% | +15.61% | View data |
| 4 | 4 Romania | 121.24 | 2022 | -13.42% | +0.66% | View data |
| 5 | 5 Croatia | 116.36 | 2022 | -12.27% | +9.18% | View data |
| 6 | 6 Hungary | 79.62 | 2022 | +5.51% | +4.1% | View data |
| 7 | 7 Germany | 70.2 | 2022 | +22.41% | View data | |
| 8 | 8 Slovakia | 55.23 | 2022 | -28.84% | +9.64% | View data |
| 9 | 9 Czech Republic | 34.23 | 2022 | +29.91% | +12.45% | View data |
| 10 | 10 Switzerland | 6.7 | 2022 | +12.79% | +15.08% | View data |
