Bulgaria leads the European market for the production of oil-cake and solid residues from sunflower seeds, followed closely by Hungary and France. In 2023, notable growth was observed in Hungary (+7.8%) and Greece (+10.96%), while France and Spain experienced declines of -2.1% and -7.42%, respectively. Over the five-year period, Bulgaria and Hungary demonstrated strong growth trends, while other countries showed varying performances, reflecting regional production dynamics and market demands.
Future trends to watch include technological advancements in extraction processes, evolving demand in renewable energy sectors, and the impacts of EU agricultural policies. Market players should focus on sustainability and efficiency to maintain competitiveness.
Top countries in Sold Production of Oil-Cake and Other Solid Residues Resulting from the Extraction of Sunflower Seed Fats or Oils Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Bulgaria | 24.31 | 2023 | +4.64% | +6.78% | View data |
| 2 | 2 Hungary | 22.09 | 2023 | +2.85% | +7.8% | View data |
| 3 | 3 France | 18.13 | 2023 | +2.43% | -2.1% | View data |
| 4 | 4 Romania | 15.01 | 2023 | +3.21% | +3.22% | View data |
| 5 | 5 Serbia | 6.35 | 2023 | +1.54% | +2.98% | View data |
| 6 | 6 Italy | 5.24 | 2023 | +1.84% | +4.57% | View data |
| 7 | 7 Portugal | 3.16 | 2023 | -0.36% | -1.65% | View data |
| 8 | 8 Greece | 2.31 | 2023 | +7.88% | +10.96% | View data |
| 9 | 9 Germany | 1.18 | 2023 | +0.072% | -1.87% | View data |
| 10 | 10 Spain | 1.13 | 2023 | -8.82% | -7.42% | View data |