From 2010 to 2019, the price per unit of oil-cake from the extraction of vegetable fats and oils in Spain showed fluctuations. Starting at 0.039 Euros/Kg in 2010, it peaked at 0.053 Euros/Kg in 2017 and 2018 before slightly reducing to 0.052 Euros/Kg in 2019.
Over this period, the most significant increase occurred between 2013 and 2016, with a noticeable rise again from 2015 to 2017. The compound annual growth rate (CAGR) between 2015 and 2019 shows a moderate upward trend.
In 2023, the price per unit has stabilized around the 2018 and 2019 levels.
**Future Trends to Watch For**:
- Global supply chain disruptions could affect pricing volatility.
- Environmental policies may impact production costs.
- Advancements in agricultural technologies could alter the supply landscape.
