The soya-bean oil market in Greece has shown a consistent upward trend in per capita consumption from 2013 to 2023, rising from 2.52 kilograms to 3.63 kilograms. In 2023, consumption stood at 3.63 kilograms per capita. Examining year-on-year percentage changes: from 2021 to 2022, a 2.91% increase was observed, and from 2022 to 2023, it further increased by 2.54%. The compound annual growth rate (CAGR) over the last five years (2018-2023) was approximately 3.62%, indicating strong growth momentum.
Looking forward, potential trends to observe include shifts in consumer preferences towards healthier oils, potential impact of EU regulations on commodity imports, and global price fluctuations affecting consumption patterns in Greece.
