The sunflower oil market in Bulgaria has exhibited fluctuations over the past decade. In 2023, the consumption stood at 11.9 kilograms per capita, marking a modest recovery following a slight drop in 2022. Analyzing year-on-year variations, the per capita consumption increased by approximately 1.7% from 2022 to 2023. Reviewing a broader timeline, there was an upward trend with a compound annual growth rate (CAGR) of roughly 2.5% over the last five years, reflecting overall growth in consumption levels despite some yearly inconsistencies.
Future trends to watch for include:
- Potential shifts in consumer preferences towards healthier oils which could impact sunflower oil consumption.
- Market adjustments due to economic changes or agricultural production variations.
- The influence of global price fluctuations on domestic consumption patterns.
How does Bulgaria rank in Sunflower Oil Market Size Volume Per Capita?
| # | 7 Countries | Kilograms Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 19.57 | 2023 | View data | ||
| 2 | 2 Romania | 13.83 | 2023 | View data | ||
| 3 | 3 Italy | 13.07 | 2023 | View data | ||
| 4 | 4 Bulgaria | 11.9 | 2023 | |||
| 5 | 5 Germany | 4.48 | 2023 | View data | ||
| 6 | 6 Denmark | 1.81 | 2023 | View data | ||
