Sunflower oil consumption in Spain, measured in kilograms per capita, has experienced fluctuations over the last decade. In 2023, the market volume reached 19.57 kilograms per capita. Over the past two years, the year-on-year growth rates were 6.80% in 2022 and 2.62% in 2023. Reviewing the past five years, the compound annual growth rate (CAGR) stood at approximately 1.04%, indicating moderate but steady growth.
Future trends to watch include:
- Market dynamics influenced by changes in dietary preferences towards healthier oils.
- Supply chain effects possibly impacting prices and availability due to geopolitical factors.
- Increase in awareness and demand driven by sunflower oil’s health benefits.
