The Sunflower Oil Market in Bulgaria has experienced a steady decline in per capita value over the past decade, decreasing from €15.24 in 2013 to €11.10 in 2023. Over the last two years, the decrease was 1.23% from 2021 to 2022, and 1.25% from 2022 to 2023. The compound annual growth rate (CAGR) for the past five years shows a negative trend of approximately 0.5% per year, indicating a consistent downward trend in value per capita.
Future trends to watch for include potential market adjustments due to changes in agricultural output, shifts in consumer preferences towards alternative oils, and economic fluctuations affecting consumer spending. Monitoring these factors will be essential for anticipating changes in market dynamics.
How does Bulgaria rank in Sunflower Oil Market Size Value Per Capita?
| # | 7 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 21.92 | 2023 | View data | ||
| 2 | 2 Croatia | 20.65 | 2023 | View data | ||
| 3 | 3 Romania | 15.3 | 2023 | View data | ||
| 4 | 4 Bulgaria | 11.1 | 2023 | |||
| 5 | 5 Greece | 6.01 | 2023 | View data | ||
| 6 | 6 Germany | 3.71 | 2023 | View data | ||
