The sunflower oil market in Greece has experienced significant fluctuations over the past decade. In 2023, the market size stood at 64.829 million Euros. The past two years saw a declining trend, with a year-on-year decrease of 3.76% in 2022 and 3.87% in 2023. Over the past five years, the market has averaged an annual decline of 2.78% in terms of compounded annual growth rate (CAGR). This reflects a broader long-term downward trend since 2013.
Future trends to watch for include:
- Potential market recovery driven by increasing health awareness and demand for plant-based oils.
- The impact of economic stabilization and consumer spending in Greece on the market.
- Influence of global agricultural trends and potential supply chain improvements on pricing and availability.
How does Greece 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% | View data |
6 | 6 Greece | 64,829,000 | 2023 | -3.87% | -2.78% | |
7 | 7 Denmark | 15,181,000 | 2023 | -2.56% | -3.48% | View data |