Between 2013 and 2023, Denmark's per capita palm oil consumption showed a general upward trend, culminating at 34.89 kilograms per capita in 2023. There were fluctuations, such as peaks in 2018 and troughs in 2020, but overall, a steady increase marks the last decade. The year-on-year increase from 2022 to 2023 was approximately 5.8%, highlighting a significant uptick. The 5-year compounded annual growth rate (CAGR) rose moderately, reflecting a gradual but consistent rise in consumption.
Future trends to watch include the impact of increased regulatory pressures on palm oil imports and a potential shift towards sustainable alternatives, which may influence consumption volumes in Denmark.
How does Denmark rank in Palm Oil Market Size Volume Per Capita?
| # | 7 Countries | Kilograms Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 49.46 | 2023 | View data | ||
| 2 | 2 Netherlands | 42.55 | 2023 | View data | ||
| 3 | 3 Denmark | 34.89 | 2023 | |||
| 4 | 4 Sweden | 16.61 | 2023 | View data | ||
| 5 | 5 United Kingdom | 9.89 | 2023 | View data | ||
