The European market for crude sunflower-seed oil saw varied performances across countries in 2023. Hungary led production, growing by 5.36%, while France decreased slightly by 2.75%. Bulgaria and Italy exhibited strong growth at 6.8% and 49.84%, respectively. Spain and Greece also showed remarkable increases, 31.65% and 32.55%. Romania, Germany, and Serbia had moderate growth, whereas Portugal, Croatia, and Denmark saw declines. Lithuania showed the most significant relative increase at 35.45%, despite being a smaller producer. Over five years, these variations suggest a shifting landscape in production dominance and efficiency.
Future trends to watch include potential growth in emerging markets and a shift toward sustainable production practices. Increasing demand for sunflower oil and economic factors such as trade policies will likely influence production and market dynamics. Additionally, technological advancements in agriculture and processing may enhance production efficiency across Europe.
Top countries in Sold Production of Crude Sunflower-Seed Oil by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 380,090,000 | 2023 | +5.88% | +5.36% | View data |
| 2 | 2 France | 356,620,000 | 2023 | +0.0093% | -2.75% | View data |
| 3 | 3 Bulgaria | 356,280,000 | 2023 | +6.14% | +6.8% | View data |
| 4 | 4 Italy | 321,060,000 | 2023 | +7.42% | +49.84% | View data |
| 5 | 5 Spain | 182,180,000 | 2023 | +32.14% | +31.65% | View data |
| 6 | 6 Romania | 157,400,000 | 2023 | +5.72% | +3.18% | View data |
| 7 | 7 Serbia | 63,872,000 | 2023 | +6.3% | +8.53% | View data |
| 8 | 8 Greece | 26,832,000 | 2023 | +3.96% | +32.55% | View data |
| 9 | 9 Germany | 11,461,000 | 2023 | +1.48% | +3.8% | View data |
| 10 | 10 Portugal | 9,681,000 | 2023 | -7.96% | -4.3% | View data |
