From 2013 to 2023, soybean oil production in the Netherlands saw significant fluctuations. In 2023, production stood at 667.93 thousand metric tons, reflecting a slight year-on-year increase of 1.08%. Over the last two years, there was a combined growth of approximately 2.19%. The five-year CAGR from 2018 to 2023 was modest at 0.59%, indicating a relatively stable but slow-growing market.
Looking ahead, forecasts suggest a continued upward trend in soybean oil production, with an average annual growth rate of 0.86% over the next five years. By 2028, production is expected to reach 705.2 thousand metric tons, marking a 4.36% increase from 2023 levels. Despite this, growth remains moderate.
Future trends to watch include technological advancements in production processes, shifts in agricultural policies, environmental concerns, and changes in global demand for soybean oil. Monitoring these factors will be crucial for anticipating further changes in production volumes.
