The maize oil market in Greece has experienced a consistent decline from 2013 to 2023, reaching 26.895 million kilograms in 2023. Year-on-year, the market saw significant fluctuations, with declines of 3.77% in 2022 and 3.88% in 2023. Over the past five years, the compound annual growth rate (CAGR) was -4.36%, indicating a steady downtrend in market volume.
Future trends to watch:
- Increased health consciousness could influence consumer preferences and affect market demand.
- Potential shifts towards alternative cooking oils could further impact maize oil consumption.
- Economic factors and agricultural policies in Greece may play significant roles in market dynamics.
