The Netherlands leads in European export of partly or wholly hydrogenated vegetable fats and oils with a significant margin, yet experienced a notable decrease of 9.5% in 2023. Germany, while holding the second position, grew modestly at 1.68%. Significant growth was observed in Greece and Estonia at 37.99% and 56.87%, respectively, while the United Kingdom's exports plummeted by 100%. Spain and Italy also showed double-digit growth, reflecting strong demand, whereas France saw a decline. Remarkably, smaller markets like Austria and Romania posted moderate gains, indicating increased regional export activities.
Future trends to watch:
- Shifting consumer preferences towards sustainable and healthier alternatives.
- Impact of regulatory changes regarding trans fats on exports and production.
- Potential fluctuations in global commodity prices affecting production costs.
- Continued technological advancements in hydrogenation processes.
Top countries in Export of Partly or Wholly Hydrogenated Vegetable Fats and Oils by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 244,790,000 | 2023 | +28.12% | -9.5% | View data |
| 2 | 2 Germany | 159,090,000 | 2023 | +1.06% | +1.68% | View data |
| 3 | 3 Spain | 89,622,000 | 2023 | +4.36% | +14.23% | View data |
| 4 | 4 Sweden | 64,273,000 | 2023 | +5.74% | +4.88% | View data |
| 5 | 5 Greece | 62,082,000 | 2023 | +2.26% | +37.99% | View data |
| 6 | 6 Italy | 42,620,000 | 2023 | +230.57% | +18% | View data |
| 7 | 7 France | 35,328,000 | 2023 | +15.36% | -7.25% | View data |
| 8 | 8 Belgium | 29,487,000 | 2023 | +20.73% | View data | |
| 9 | 9 Estonia | 12,981,000 | 2023 | +11.08% | +56.87% | View data |
| 10 | 10 Austria | 12,456,000 | 2023 | +15.25% | +11.12% | View data |
