In 2023, European opening stocks of soya saw no year-over-year change, remaining stable across Hungary, Italy, Romania, Croatia, Slovakia, Bulgaria, Slovenia, Finland, and Poland. All countries reported no variation in their stock levels, which indicates a period of stability. Despite these static values, Hungary and Italy had the highest stocks at 152 thousand metric tons, while Poland had the lowest with just 1 thousand metric ton. Over the last five years, the compound annual growth rate (CAGR) for these stocks has remained flat, highlighting no significant growth or decline trend during this period.
Looking ahead, potential factors influencing future trends in European opening soya stocks could include climate change impacting crop yields, trade policies affecting import and export dynamics, technological advancements in agriculture, and shifts in consumer demand for plant-based products. Monitoring these elements will be crucial to understanding future fluctuations in soya stock levels across Europe.
Top countries in Opening Stocks of Soya by Country
| # | 9 Countries | Thousand Metric Tons | Last Year | YoY | |
|---|---|---|---|---|---|
| 1 | 1 Hungary | 152 | 2023 | +4.83% | View data |
| 2 | 2 Italy | 152 | 2023 | +8.57% | View data |
| 3 | 3 Romania | 119 | 2023 | +23.96% | View data |
| 4 | 4 Croatia | 76 | 2023 | +28.81% | View data |
| 5 | 5 Slovakia | 39 | 2023 | +8.33% | View data |
| 6 | 6 Bulgaria | 15 | 2023 | +25% | View data |
| 7 | 7 Slovenia | 7 | 2023 | +16.67% | View data |
| 8 | 8 Finland | 3 | 2023 | 0% | View data |
| 9 | 9 Poland | 1 | 2023 | 0% | View data |
