The per capita value of crude sunflower-seed oil in the UK increased from 2.79 Euros in 2013 to 4.69 Euros in 2023. Over the last two years, there was a steady increase with variations around 3% annually. From 2018 to 2023, the compound annual growth rate (CAGR) stands at around 3.7%, indicating a robust upward trend in this period.
Future trends to watch for:
- Possible impacts of international trade policies and agreements on the market.
- Trends in consumer preferences focusing on health benefits and sustainability.
- Economic pressures and inflation could influence purchasing power and demand.