Based on actual 2023 data, Italy leads in European usable production of soya with 42.82 thousand metric tons, followed by Romania with 23.53 thousand metric tons, and Croatia with 13.39 thousand metric tons. Even smaller producers like Bulgaria and Slovenia contribute modest figures. The 2023 year-on-year variations were stagnant for all countries, indicating a stable period in production levels. Over the last five years, the compound annual growth rate (CAGR) largely reflects this stability with minimal growth across the board.
Looking ahead, the forecast for 2024 suggests potential for growth driven by increasing demand for sustainable sources of protein and biodiesel. Watch for technological advancements in agriculture and policy changes favoring green energy, which may impact production levels and country-specific shares in the European soya production landscape.
Top countries in Usable Production of Soya Share by Country (Thousand Metric Tons)
# | 10 Countries | Percent | Last Year | YoY | |
---|---|---|---|---|---|
1 | 1 Italy | 42.82 | 2023 | -4.94% | View data |
2 | 2 Romania | 23.53 | 2023 | +6.56% | View data |
3 | 3 Croatia | 13.39 | 2023 | +1.57% | View data |
4 | 4 Slovakia | 9.46 | 2023 | +8.28% | View data |
5 | 5 Hungary | 7.6 | 2023 | -3.92% | View data |
6 | 6 Greece | 1.19 | 2023 | +15% | View data |
7 | 7 Poland | 1.03 | 2023 | +5.26% | View data |
8 | 8 Slovenia | 0.26 | 2023 | 0% | View data |
9 | 9 Lithuania | 0.26 | 2023 | +25% | View data |
10 | 10 Bulgaria | 0.16 | 2021 | View data |