The Belgian market for oil-cake from soya-bean oil, valued at 307.43 million Euros in 2023, exhibited fluctuating trends over the past decade. Growth was noted from 2013 to 2014, followed by moderate declines and a significant drop in 2018. A steady but modest recovery occurred through 2022, with a negative growth year-on-year of 3.01% in 2023. The five-year CAGR is nearly flat at 0.041%, indicating stagnation.
Future Trends to Watch For:
- Impacts of global soybean supply chain changes on local market dynamics.
- Environmental and sustainability factors affecting production and consumption.
- Development of alternative protein sources potentially reducing demand.
- Changes in regulation and policy impacting imports and exports.
| # | 13 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,433,600,000 | 2023 | -0.9% | -0.098% | View data |
| 2 | 2 Italy | 1,118,700,000 | 2023 | -1.97% | -2.03% | View data |
| 3 | 3 United Kingdom | 1,051,100,000 | 2023 | -0.21% | -0.042% | View data |
| 4 | 4 Spain | 1,047,300,000 | 2023 | -1.11% | +1.62% | View data |
| 5 | 5 Denmark | 912,720,000 | 2023 | +1.25% | +1.37% | View data |
| 6 | 6 Belgium | 307,430,000 | 2023 | -3.01% | +0.041% | |
| 7 | 7 Portugal | 293,760,000 | 2023 | -0.5% | -1.21% | View data |
| 8 | 8 Romania | 173,550,000 | 2023 | +0.12% | -1.48% | View data |
