The European market for oil-cake and other solid residues from sunflower seed oils showed significant disparities across countries in 2023. Bulgaria led with substantial sold production, followed by Hungary and France. Most countries experienced single-digit changes in production value, with Bulgaria and Hungary seeing notable growth, while France experienced a slight decline. Greece recorded the largest growth rate at nearly 11%. Conversely, Spain experienced a significant decrease in production value.
Looking ahead to future trends in 2024 and beyond:
- Emerging market demand may drive growth in production, especially in Central and Eastern Europe.
- Environmental policies emphasizing sustainable agriculture could impact production processes.
- Technological advancements in extraction methods may lead to increased efficiency and output.
- Climate conditions impacting sunflower yield will remain a critical factor.
Top countries in Sold Production of Oil-Cake and Other Solid Residues Resulting from the Extraction of Sunflower Seed Fats or Oils by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Bulgaria | 167,550,000 | 2023 | +4.64% | +6.78% | View data |
| 2 | 2 Hungary | 152,260,000 | 2023 | +2.85% | +7.8% | View data |
| 3 | 3 France | 124,980,000 | 2023 | +2.43% | -2.1% | View data |
| 4 | 4 Romania | 103,440,000 | 2023 | +3.21% | +3.22% | View data |
| 5 | 5 Serbia | 43,766,000 | 2023 | +1.54% | +2.98% | View data |
| 6 | 6 Italy | 36,127,000 | 2023 | +1.84% | +4.57% | View data |
| 7 | 7 Portugal | 21,804,000 | 2023 | -0.36% | -1.65% | View data |
| 8 | 8 Greece | 15,909,000 | 2023 | +7.88% | +10.96% | View data |
| 9 | 9 Germany | 8,167,100 | 2023 | +0.072% | -1.87% | View data |
| 10 | 10 Spain | 7,807,000 | 2023 | -8.82% | -7.42% | View data |
