European Oilseeds Trade Balance Share by Country (Thousand Metric Tons)

In 2023, Germany led the European oilseeds trade balance share with 40.83 thousand metric tons, showing a slight year-on-year growth of 0.51%. Italy exhibited significant growth at 6.94%, while Portugal and Austria saw modest increases of 1.29% and 1.33%, respectively. However, several countries experienced declines, most notably Sweden at -6.06% and Finland at -4.42%. Belgium and Denmark also faced contractions, showing -2.87% and -1.94%. Additionally, the United Kingdom, France, Poland, and several other countries showed either zero or negligible variations.

Regarding forecasted future trends in 2024, attention should be given to:

  • The potential steady growth in dominant markets like Germany and Italy.
  • The sustained increase in smaller markets such as Norway.
  • Potential recoveries in markets that recently experienced declines, including Sweden and Finland.
  • Possible market shifts stemming from geopolitical and economic factors impacting trade policies and agricultural productivity.

Top countries in Oilseeds Trade Balance Share by Country (Thousand Metric Tons)

# 10 Countries Percent Last Year YoY 5-years CAGR
1 1 Germany 40.83 2023 +1.9% +0.51% View data
2 2 Netherlands 17.94 2023 -0.27% -0.59% View data
3 3 Spain 16.48 2023 +0.76% +0.84% View data
4 4 Italy 10.86 2023 +2.01% +6.94% View data
5 5 Belgium 9.53 2023 +1.35% -2.87% View data
6 6 Portugal 7.1 2023 +1.19% +1.29% View data
7 7 United Kingdom 4.49 2023 +1.95% View data
8 8 France 3.45 2023 +4.89% View data
9 9 Norway 1.89 2023 +0.21% +2.02% View data
10 10 Austria 1.68 2023 -1.02% +1.33% View data