The cotton-seed oil market in Greece experienced a decline from 2013 to 2023, reducing from 6.7104 million kilograms to 5.0176 million kilograms. Over the past two years, a consistent yet modest decrease of approximately 1.98% annually occurred, maintaining the downward trend evident since 2013. The compound annual growth rate (CAGR) over the last five years was 2.03%, reflecting slight fluctuations within a generally declining market.
Looking ahead, future trends to watch for include potential growth driven by increased demand in sustainable energy sectors or shifts in consumer preferences towards healthier cooking oils. Monitoring economic conditions and policy shifts impacting domestic agriculture will be crucial.
