Refined Soybean Oil Market Overview in Ireland
The size of the refined soybean oil market in Ireland shrank slightly to $ in 2019, therefore, remained relatively stable against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a strong expansion. The growth pace was the most rapid in 2011 with an increase of % against the previous year. Refined soybean oil consumption peaked at $ in 2017; however, from 2018 to 2019, consumption remained at a lower figure.