In 2023, Romania, Bulgaria, and France dominated European sunflower production, each holding over 21 million euros. Notably, Germany exhibited the largest year-on-year growth at 52.1%, while Croatia also showed significant expansion with a 23.59% increase. France's production surged by 20.93%, and Austria and Slovenia experienced commendable growth rates of 16.29% and 17.35% respectively. Conversely, countries like Sweden and Portugal reported relatively modest growth. The Compound Annual Growth Rates (CAGR) indicate a flourishing market with varied growth across nations.
Looking ahead, trends to monitor include the integration of sustainable farming practices, advancements in sunflower genetics, and potential market expansions. Market conditions are inclined to be influenced by climate change adaptations, economic incentives for sustainable production, and shifts in global demand dynamics.
Top countries in Sunflower Production Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Romania | 21.84 | 2023 | -5.63% | +5.96% | View data |
| 2 | 2 Bulgaria | 21.64 | 2023 | -6.58% | +16.03% | View data |
| 3 | 3 France | 21.42 | 2023 | +1.25% | +20.93% | View data |
| 4 | 4 Hungary | 15.14 | 2023 | -7.17% | +6.89% | View data |
| 5 | 5 Spain | 8.25 | 2023 | -21.09% | +7% | View data |
| 6 | 6 Greece | 2.83 | 2023 | +5.31% | +14.01% | View data |
| 7 | 7 Slovakia | 1.92 | 2023 | +2.88% | +12.4% | View data |
| 8 | 8 Italy | 1.91 | 2023 | -5.89% | +13.41% | View data |
| 9 | 9 Croatia | 1.8 | 2023 | +3.2% | +23.59% | View data |
| 10 | 10 Germany | 1.45 | 2023 | -1.8% | +52.1% | View data |