In 2023, Germany led the European market in the production of refined rape, colza, or mustard oil with a significant economic footprint. Growth was notable in Denmark and Estonia with double-digit increases of 11.8% and 11.08%, respectively. Poland, France, Finland, and Portugal observed milder growth or slight reductions. Italy experienced a striking increase of 71.71%, likely due to some market correction or expansion. Croatia, however, saw a decline in production. Forecasting into 2024, maintaining an attention to Germany's sustained output and potentially growing competitive landscape in Italy will be crucial, alongside monitoring Denmark's consistently strong performance.
Top countries in Sold Production of Refined Rape, Colza or Mustard Oil by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 991,850,000 | 2023 | +2.56% | +6.22% | View data |
| 2 | 2 Poland | 446,550,000 | 2023 | +1.75% | +1.22% | View data |
| 3 | 3 Denmark | 227,540,000 | 2023 | +5.11% | +11.8% | View data |
| 4 | 4 France | 182,280,000 | 2023 | +2.03% | +1.96% | View data |
| 5 | 5 Estonia | 71,401,000 | 2023 | +5.67% | +11.08% | View data |
| 6 | 6 Finland | 49,006,000 | 2023 | +1.18% | +4.44% | View data |
| 7 | 7 Netherlands | 47,031,000 | 2021 | View data | ||
| 8 | 8 Spain | 32,000,000 | 2021 | +251.66% | View data | |
| 9 | 9 Italy | 23,419,000 | 2023 | -0.91% | +71.71% | View data |
| 10 | 10 Austria | 10,697,000 | 2021 | -39.03% | View data |
