The Rape, Colza, and Mustard Oil market in Sweden reached a size of 133.96 million euros in 2023, reflecting a modest growth pattern. The market demonstrated moderate fluctuations between 2013 and 2023, with significant growth peaking in 2014. Following 2019, the market portrayed a recovery trajectory with consistent growth from 2020 onwards, evidenced by a CAGR of 2.31% over the last five years. Year-on-year increments for 2022 and 2023 were stable, at over 1%.
Future trends to watch for:
- Increasing consumer preference for healthier cooking oils may drive demand.
- Regulatory changes impacting agricultural production could affect oil supply.
- Innovation in oil extraction technologies enhancing yield and sustainability.
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Poland | 664,930,000 | 2023 | +0.31% | -0.085% | View data |
| 2 | 2 Denmark | 148,510,000 | 2023 | +0.14% | +0.92% | View data |
| 3 | 3 Sweden | 133,960,000 | 2023 | +1.06% | +2.31% | |
| 4 | 4 Finland | 83,852,000 | 2023 | +0.44% | +2.17% | View data |
| 5 | 5 Lithuania | 37,999,000 | 2023 | +6.89% | +7.67% | View data |
