In 2023, Spain was the largest consumer of sunflower oil in Europe with 907.63 million kilograms, followed by Italy with 793.42 million kilograms. Germany and Romania consumed 369.08 and 265.43 million kilograms, respectively. Bulgaria and Denmark were minor consumers, and Finland had the lowest consumption. Year-on-year growth for 2023 saw significant variation, with Italy experiencing the highest increase at 6.03%, while Denmark and Finland had negative growth rates. The market has shown mixed CAGR over the last five years across countries, reflecting diverse growth dynamics.
Future trends to watch in the European sunflower oil market include potential shifts in consumer preferences toward healthier alternatives, changes in agricultural productivity influenced by climate conditions, and fluctuations in import-export policies affecting supply chains. Continued innovation in sunflower oil production and sustainable practices may also impact the market size volume by country.
Top countries in Sunflower Oil Market Size Volume by Country
# | 7 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Spain | 907,630,000 | 2023 | +2.56% | +0.73% | View data |
2 | 2 Italy | 793,420,000 | 2023 | +5.2% | +6.03% | View data |
3 | 3 Germany | 369,080,000 | 2023 | +2.94% | +2.56% | View data |
4 | 4 Romania | 265,430,000 | 2023 | +0.63% | +0.41% | View data |
5 | 5 Bulgaria | 77,198,000 | 2023 | +0.7% | +0.76% | View data |
6 | 6 Denmark | 10,830,000 | 2023 | -0.14% | -0.17% | View data |
7 | 7 Finland | 843,300 | 2023 | +1.6% | -0.083% | View data |