In 2023, Germany maintained its lead in the European margarine production sector with a notable year-on-year increase of 12.1%, recording 687.74 million kilograms. Conversely, the Netherlands and Belgium both witnessed slight declines of 0.34% and 0.86%, respectively. The United Kingdom also experienced a 2.12% drop. Italy and Spain showed modest improvements of 0.83% and 0.054%, respectively. Sweden and Serbia stood out with significant increases at 4.87% and 5.0%. However, Romania encountered the largest decline of 9.48%, followed by France at 7.54%.
Future trends to watch include:
- Germany’s sustained growth and its impact on market dynamics.
- The slight but consistent decline in the Netherlands and Belgium, potentially signaling a market shift.
- Steady growth potential in smaller markets like Sweden, Serbia, and Finland.
- Challenges faced by Romania and France, possibly prompting strategic changes.
Top countries in Sold Production of Margarine and Similar Edible Fats by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 687,740,000 | 2023 | +1.89% | +12.1% | View data |
| 2 | 2 Netherlands | 441,970,000 | 2023 | -0.96% | -0.34% | View data |
| 3 | 3 Belgium | 418,280,000 | 2023 | +0.46% | -0.86% | View data |
| 4 | 4 United Kingdom | 194,170,000 | 2023 | -1.11% | -2.12% | View data |
| 5 | 5 Italy | 151,000,000 | 2023 | +3.41% | +0.83% | View data |
| 6 | 6 Spain | 72,108,000 | 2023 | +6.65% | +0.054% | View data |
| 7 | 7 Denmark | 70,930,000 | 2023 | -0.45% | -0.71% | View data |
| 8 | 8 Sweden | 65,256,000 | 2023 | +6.05% | +4.87% | View data |
| 9 | 9 Austria | 64,335,000 | 2023 | +6.04% | +1.72% | View data |
| 10 | 10 Greece | 47,703,000 | 2023 | +4.13% | -1.06% | View data |
