The analysis of sunflower oil prices in Romania from 2010 to 2019 shows a downward trend, with fluctuations observed across the years. Between 2010 and 2019, the price fell from €1.59 to €1.18 per kilogram, reflecting a year-on-year decrease, most notably around 2013 and 2014. The last two-year percentage decline highlights economic variables impacting this commodity. Over the past five years (2015-2019), the compound annual growth rate (CAGR) indicates an average slight decrease, suggesting a consistent reduction in prices.
Future trends to watch for include the potential impact of climate change on sunflower crop yields, fluctuations in international demand influenced by global trade dynamics, and Romania's agricultural policies affecting production and pricing in the market.
