The European sold production of refined palm oil in 2024 shows the Netherlands leading with a significant production value of 1.1306 billion Euros, followed by the United Kingdom at 0.28095 billion Euros, and Germany at 0.21345 billion Euros. Italy, Denmark, Belgium, Greece, Lithuania, Hungary, and Finland follow with decreasing production values. The year-on-year variation from 2023 highlights significant increases, especially in Germany (11.76%), Greece (10.87%), and Lithuania (113.28%), whereas Finland shows a notable decline (-26.44%). The CAGR over the last five years indicates a diverse range of growth and decline patterns across these countries.
Future trends to watch for in the European refined palm oil market could include shifting trade policies, sustainability concerns influencing production practices, and technological advancements. Monitoring these factors will be crucial for understanding longer-term dynamics and potential growth or contraction within the industry.
Top countries in Sold Production of Refined Palm Oil by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 1,130,600,000 | 2023 | +1.72% | +0.58% | View data |
| 2 | 2 United Kingdom | 280,950,000 | 2023 | +0.54% | +0.29% | View data |
| 3 | 3 Germany | 213,450,000 | 2023 | +2.4% | +11.76% | View data |
| 4 | 4 Italy | 136,780,000 | 2023 | +3.49% | +6.29% | View data |
| 5 | 5 Denmark | 129,790,000 | 2023 | +4.69% | +5.56% | View data |
| 6 | 6 Belgium | 85,535,000 | 2023 | -0.12% | -1.25% | View data |
| 7 | 7 Greece | 38,864,000 | 2023 | +4.51% | +10.87% | View data |
| 8 | 8 Lithuania | 89,280 | 2023 | +7.43% | +113.28% | View data |
| 9 | 9 Hungary | 63,080 | 2023 | +6.55% | +3.72% | View data |
| 10 | 10 Finland | 22,240 | 2023 | -51.75% | -26.44% | View data |
