The Sunflower Oil Market Size in Denmark has shown a generally declining trend from 2012 to 2022, starting at 22.711 million euros in 2012 and dropping to 16.067 million euros in 2022. Significant declines occurred in 2014 and 2019, with the market value falling 20.87% and 14.68% year-on-year, respectively. The 5-year CAGR shows modest declines, with -2.91% from 2012 to 2014 and consistently negative rates leading up to 2022.
Over the last two years, the market value declined by 3% in 2021 and 1.26% in 2022, indicating a slight stabilization compared to previous years. The average annual variation over the last five years presents a small decline with a CAGR of -1.04%, suggesting stagnation in recent years.
In 2023, the market size was expected to be closely aligned with these values, continuing to hover around 16 million euros. Future trends to watch include potential shifts due to changes in dietary preferences, regulatory impacts on oil production and imports, and global commodity price fluctuations. Additionally, sustainable and organic product demand could influence market directions.
How does Denmark rank in Sunflower Oil Market Size Value?
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 1,035,300,000 | 2023 | +2.85% | -0.62% | View data |
| 2 | 2 Romania | 292,810,000 | 2023 | -1.15% | -1.4% | View data |
| 3 | 3 Germany | 284,610,000 | 2023 | -3.38% | -1.13% | View data |
| 4 | 4 Croatia | 82,341,000 | 2023 | +1.69% | -1.1% | View data |
| 5 | 5 Bulgaria | 76,380,000 | 2023 | -1.69% | -1.23% | View data |
| 6 | 6 Greece | 64,829,000 | 2023 | -3.87% | -2.78% | View data |
| 7 | 7 Denmark | 15,181,000 | 2023 | -2.56% | -3.48% |
