The European import of refined groundnut oil is led by the Netherlands, which holds the largest share at 26.07%. The United Kingdom and Germany follow with 18.43% and 16.8% respectively. Spain and Romania showed notable increases in imports, with Spain's share rising by 18.06% and Romania by 19.67% in 2023. France experienced a significant decline of 23.83%, while Bulgaria's imports fell sharply by 42.78%. Belgium and other smaller markets like Latvia also saw reductions in their shares, further impacting overall trends.
Looking ahead, future trends in the European import of refined groundnut oil will likely be influenced by shifts in dietary preferences and trade policies. The Netherlands is expected to maintain its lead due to efficient distribution networks, but markets like Romania may also grow if current trends persist. Monitoring emerging economies and regulatory changes across Europe will provide insights into potential growth or contractions in this sector.
Top countries in Import of Refined Groundnut Oil Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 26.07 | 2023 | +9.03% | +9.7% | View data |
| 2 | 2 United Kingdom | 18.43 | 2023 | -0.043% | -0.18% | View data |
| 3 | 3 Germany | 16.8 | 2023 | +3.58% | +6.45% | View data |
| 4 | 4 Italy | 12.33 | 2023 | +16.28% | +2.36% | View data |
| 5 | 5 France | 8.07 | 2023 | -33.58% | -23.83% | View data |
| 6 | 6 Belgium | 7.44 | 2023 | -4.65% | -10.61% | View data |
| 7 | 7 Spain | 5.47 | 2023 | +26.38% | +18.06% | View data |
| 8 | 8 Austria | 4.36 | 2023 | +1.06% | +1.68% | View data |
| 9 | 9 Portugal | 2.99 | 2023 | +13.15% | +2.47% | View data |
| 10 | 10 Luxembourg | 1.62 | 2023 | -9.42% | +1.62% | View data |
