The analysis of European Import of Refined Palm Oil by Country in 2023 reveals Italy as the leading importer with 875.6 million kilograms, followed by Spain and Belgium. Key year-on-year variations show notable increases in countries like Ireland (+8.38%), United Kingdom (+6%), and Belgium (+5.87%). Conversely, Spain experienced a significant decline (-7.26%), while Latvia saw the sharpest decrease (-9.49%). Over a longer period, the trend indicates moderate growth with regional fluctuations. For instance, Poland, Sweden, and Greece showed positive annual changes, whereas Germany and Netherlands displayed slight decreases in their import volumes.
Future trends to watch include potential shifts due to sustainability concerns and regulatory changes in the European Union. Increased focus on alternative oils and stricter environmental policies may impact the import volumes of refined palm oil. Additionally, economic factors such as trade agreements and tariffs could influence the overall distribution among countries.
Top countries in Import of Refined Palm Oil by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 875,600,000 | 2023 | +0.88% | +2.56% | View data |
| 2 | 2 Spain | 771,540,000 | 2023 | +0.64% | -7.26% | View data |
| 3 | 3 Belgium | 571,920,000 | 2023 | +2.43% | +5.87% | View data |
| 4 | 4 United Kingdom | 446,900,000 | 2023 | +4.78% | +6% | View data |
| 5 | 5 Germany | 396,140,000 | 2023 | +3.41% | -0.88% | View data |
| 6 | 6 Netherlands | 363,290,000 | 2023 | +1.22% | -3.17% | View data |
| 7 | 7 Poland | 308,840,000 | 2023 | +3.25% | +3.61% | View data |
| 8 | 8 France | 220,650,000 | 2023 | +6.95% | -0.42% | View data |
| 9 | 9 Sweden | 216,910,000 | 2023 | +2.49% | +3.75% | View data |
| 10 | 10 Denmark | 188,830,000 | 2023 | +5.39% | -1.41% | View data |
