In 2023, Denmark's crude sunflower-seed oil market size volume stood at 3.389 million kilograms. The forecasted data from 2024 to 2028 shows a consistent year-on-year decrease. In 2024, the market size is projected to be 3.3503 million kilograms, reflecting a slight decline from the previous year. This downward trend is expected to continue:
- 2025: 3.3118 million kilograms (-1.15% YoY change)
- 2026: 3.2741 million kilograms (-1.14% YoY change)
- 2027: 3.2371 million kilograms (-1.13% YoY change)
- 2028: 3.2008 million kilograms (-1.12% YoY change)
The five-year compound annual growth rate (CAGR) from 2024 to 2028 is estimated to be -1.12%, indicating a consistent annual decrease in market volume.
As for future trends to watch, factors such as changing dietary preferences, advancements in alternative oils, and shifts in agricultural practices could further impact the market. Monitoring these variables will be crucial for anticipating future market directions.
