The sunflower oil market in Denmark has experienced fluctuations over the past decade. Since 2012, the market has alternated between growth and decline, with a notable drop between 2012 and 2016, stabilizing somewhat from 2017 onwards. The year 2020 saw a significant drop of 4.14%, followed by a recovery in 2021 with a 5.89% increase. However, 2022 witnessed a slight decline of 1.55%. The average annual growth rate (CAGR) over the past five years has been mixed, with a minimal CAGR of -0.25% indicating a mostly stable but slightly declining trend in the market.
Future trends to watch for in the sunflower oil market include potential impacts of climate change on crop yields, shifts in consumer preferences towards healthier oils, and potential policy changes affecting production and trade. Advances in agricultural technology and sustainable practices may also influence the market dynamics positively.
How does Denmark rank in Sunflower Oil Market Size Volume?
| # | 7 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 907,630,000 | 2023 | +2.56% | +0.73% | View data |
| 2 | 2 Italy | 793,420,000 | 2023 | +5.2% | +6.03% | View data |
| 3 | 3 Germany | 369,080,000 | 2023 | +2.94% | +2.56% | View data |
| 4 | 4 Romania | 265,430,000 | 2023 | +0.63% | +0.41% | View data |
| 5 | 5 Bulgaria | 77,198,000 | 2023 | +0.7% | +0.76% | View data |
| 6 | 6 Denmark | 10,830,000 | 2023 | -0.14% | -0.17% | |
| 7 | 7 Finland | 843,300 | 2023 | +1.6% | -0.083% | View data |
