In 2023, the European oil-cake market from soya-bean oil extraction witnessed varied performances across countries. France led the market, despite a slight decline, maintaining a 21.14% share. Italy and the UK followed closely, with shares of 16.5% and 15.5%, respectively. Spain and Denmark showed positive growth with a 1.62% and 1.37% increase in share, moving to 15.44% and 13.46%. Conversely, Portugal and Romania saw notable declines of -1.21% and -1.48%, respectively, indicating potential challenges. Meanwhile, Bulgaria experienced the most significant growth at 2.75%.
Future trends to watch include:
- The market's ability to adapt and shift towards sustainable practices may influence the dynamics significantly.
- Continuing fluctuations in demand across European countries could impact overall growth rates.
- Technological advancements and policy changes regarding agricultural and environmental practices may alter growth trajectories.
Top countries in Oil-Cake Resulting from the Extraction of Soya-Bean Oil Market Size Value Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 21.14 | 2023 | -0.9% | -0.098% | View data |
| 2 | 2 Italy | 16.5 | 2023 | -1.97% | -2.03% | View data |
| 3 | 3 United Kingdom | 15.5 | 2023 | -0.21% | -0.042% | View data |
| 4 | 4 Spain | 15.44 | 2023 | -1.11% | +1.62% | View data |
| 5 | 5 Denmark | 13.46 | 2023 | +1.25% | +1.37% | View data |
| 6 | 6 Belgium | 4.53 | 2023 | -3.01% | +0.041% | View data |
| 7 | 7 Portugal | 4.33 | 2023 | -0.5% | -1.21% | View data |
| 8 | 8 Romania | 2.56 | 2023 | +0.12% | -1.48% | View data |
| 9 | 9 Greece | 2.31 | 2023 | +0.14% | -0.38% | View data |
| 10 | 10 Croatia | 1.47 | 2023 | +0.79% | +0.39% | View data |
