In 2023, Germany led Europe's production of margarine and reduced fat spreads with 287.45 million kilograms, experiencing a slight year-on-year decline of 1.96%. The Netherlands and Belgium followed, with slight reductions of 1.72% and 2.67% respectively. Italy bucked the trend with a minor decrease of 0.42%, while Spain showed a modest growth of 0.48%. Conversely, France and Romania saw significant drops, at 7.54% and 8.61% respectively. The UK had the steepest decline at 17.64%. Overall, these figures illustrate uneven performance across Europe, with most countries seeing decreases.
Looking ahead, key trends to monitor include:
- Potential recovery or further shrinkage in major producers like Germany and the Netherlands.
- Growth opportunities in Spain and Finland, which showed positive or minimal negative variation.
- Impacts of sustainable production as Europe aligns with greener manufacturing practices.
- Possibility of market stabilization in countries with sharp declines, particularly the UK and France.
Top countries in Sold Production of Margarine and Reduced and Low Fat Spreads by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 287,450,000 | 2023 | -2.94% | -1.96% | View data |
| 2 | 2 Netherlands | 176,590,000 | 2023 | -2.19% | -1.72% | View data |
| 3 | 3 Belgium | 157,600,000 | 2023 | -1.3% | -2.67% | View data |
| 4 | 4 Italy | 125,290,000 | 2023 | +3.05% | -0.42% | View data |
| 5 | 5 Spain | 66,334,000 | 2023 | +9.97% | +0.48% | View data |
| 6 | 6 Sweden | 48,102,000 | 2023 | +0.24% | -1.34% | View data |
| 7 | 7 Greece | 47,703,000 | 2023 | +4.13% | -1.06% | View data |
| 8 | 8 Denmark | 46,781,000 | 2023 | +0.47% | -2.24% | View data |
| 9 | 9 France | 34,924,000 | 2023 | -14.14% | -7.54% | View data |
| 10 | 10 Romania | 34,508,000 | 2023 | -5.04% | -8.61% | View data |
