The market for oil-cake resulting from the extraction of soya-bean oil in Denmark has shown fluctuating trends over the last decade, with a value reaching 912.72 million Euros in 2023. There have been notable year-on-year percentage changes that indicate a periodic contraction and expansion cycle. Over the past two years, the market has seen modest growth, with incremental year-on-year increases of 1.27% in 2022 and 1.25% in 2023. The compound annual growth rate over the last five years has been 1.37%, reflecting a stable yet slow-paced growth trajectory.
Future trends to watch for:
- Increasing demand for plant-based products, which may support market growth.
- Potential impact of changing agricultural policies and sustainability efforts on production.
- Technological advancements in extraction processes that could affect market dynamics.
| # | 13 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,433,600,000 | 2023 | -0.9% | -0.098% | View data |
| 2 | 2 Italy | 1,118,700,000 | 2023 | -1.97% | -2.03% | View data |
| 3 | 3 United Kingdom | 1,051,100,000 | 2023 | -0.21% | -0.042% | View data |
| 4 | 4 Spain | 1,047,300,000 | 2023 | -1.11% | +1.62% | View data |
| 5 | 5 Denmark | 912,720,000 | 2023 | +1.25% | +1.37% | |
| 6 | 6 Belgium | 307,430,000 | 2023 | -3.01% | +0.041% | View data |
| 7 | 7 Portugal | 293,760,000 | 2023 | -0.5% | -1.21% | View data |
