The soybean oil processing volume in the Netherlands stood at 8.0 thousand metric tons in 2023, reflecting an 11.11% decline from 2022. Over the past decade, this sector has experienced significant volatility with notable declines in 2015 and 2016, followed by a period of stabilization and modest recovery starting from 2017. The last five years saw a decline at an average annual rate (CAGR) of -4.36%.
Looking ahead, the forecast indicates a stable production volume of 8.0 thousand metric tons annually from 2024 to 2028. Future trends to watch for include:
- Sustainable production practices and their adoption rate.
- Changes in global demand and the impact on export dynamics.
- Policy changes relating to renewable energy and biofuels.
