Sunflower Oil Market Size Value in Bulgaria

The Sunflower Oil Market in Bulgaria exhibited a downward trend over the past decade, with the market size declining from 110.7 million Euros in 2013 to 76.38 million Euros in 2023. The decline was marked by significant year-on-year decreases, most notably a sharp drop of 14.85% in 2014. Over the past two years, the market saw a year-on-year variation of approximately -1.7%. The compound annual growth rate (CAGR) over the past five years was -1.23%, illustrating a consistent contraction in market value.

Future trends to watch for:

  • Potential recovery driven by increased domestic demand and export opportunities.
  • Pricing fluctuations influenced by global sunflower oil prices and raw material cost changes.
  • Impact of agricultural policies and technological advancements on sunflower oil production efficiency.

How does Bulgaria rank in Sunflower Oil Market Size Value?

# 7 Countries Euros Last Year YoY 5-years CAGR
1 1 Spain 1,035,300,000 2023 +2.85% -0.62% View data
2 2 Romania 292,810,000 2023 -1.15% -1.4% View data
3 3 Germany 284,610,000 2023 -3.38% -1.13% View data
4 4 Croatia 82,341,000 2023 +1.69% -1.1% View data
5 5 Bulgaria 76,380,000 2023 -1.69% -1.23%
6 6 Greece 64,829,000 2023 -3.87% -2.78% View data
7 7 Denmark 15,181,000 2023 -2.56% -3.48% View data

Top Countries about Sunflower Oil