Over the past decade, Greece's maize oil consumption per capita has exhibited a consistent downward trend from 3.63 kilograms in 2013 to 2.49 kilograms in 2023. This represents a significant overall decline. Analyzing the last two years, there is a year-on-year decrease of approximately 3.7% from 2022 to 2023, following a 0.4% decline from 2021 to 2022. Over the last five years, the compound annual growth rate (CAGR) is negative, indicating a reduction in per capita consumption.
Looking ahead, potential factors influencing future trends in the maize oil market in Greece include changing dietary habits, increased health consciousness among consumers, and competition from alternative cooking oils. Sustainability considerations and economic conditions may also play pivotal roles in shaping future consumption patterns.
