The Oil-Cake Resulting from the Extraction of Soya-Bean Oil market in Lithuania had a fluctuating trajectory between 2013 and 2023, initially recording a growth trend but later stabilizing. By 2023, the market size volume stood at 130.78 million kilograms. The year-on-year growth rate showed variability, reflecting increases and decreases throughout the period. Notably, there was a 0.022% increase in both 2022 and 2023, showcasing stabilization. The compounded annual growth rate (CAGR) over the last five years indicates an average annual growth of 1.13%.
Future trends to watch for include:
- Potential impacts of global soybean supply chain disruptions.
- Sustainability practices affecting production processes.
- Inflationary pressures possibly influencing market dynamics.
- Government policies on agricultural imports and exports.
- Shifts in consumer preferences towards plant-based products.
How does Lithuania rank in Oil-Cake Resulting from the Extraction of Soya-Bean Oil Market Size Volume?
| # | 15 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 2,717,400,000 | 2023 | -2.72% | -0.59% | View data |
| 2 | 2 Italy | 2,424,000,000 | 2023 | -0.75% | -0.8% | View data |
| 3 | 3 United Kingdom | 2,054,300,000 | 2023 | +0.68% | +1.81% | View data |
| 4 | 4 Denmark | 1,726,500,000 | 2023 | +1.4% | +1.07% | View data |
| 5 | 5 Belgium | 700,600,000 | 2023 | +1.5% | +0.18% | View data |
| 10 | 10 Czech Republic | 286,620,000 | 2023 | -3.75% | -4% | View data |
| 11 | 11 Croatia | 186,800,000 | 2023 | -0.95% | +0.95% | View data |
| 12 | 12 Lithuania | 130,780,000 | 2023 | +0.022% | +1.13% | |
| 13 | 13 Hungary | 122,160,000 | 2023 | -20.88% | -15.36% | View data |
| 14 | 14 Bulgaria | 118,520,000 | 2023 | +1% | +0.9% | View data |
