Between 2011 and 2020, the price of maize oil in Greece varied, showing a general declining trend. The highest price was €2.02 per kilogram in 2012, whereas it dropped to its lowest at €1.40 in 2019. Between 2019 and 2020, there was a slight recovery with a price increase of 13.57%. The Compound Annual Growth Rate (CAGR) from 2015 to 2020 was approximately -1.23%, indicating an average annual decrease.
In 2023, maize oil prices stood at €1.65. Looking ahead, potential future trends to monitor include the impact of climate change on maize supply, shifts in consumer demand towards healthier oils, and macroeconomic factors influencing global commodity prices.
