In 2023, Spain led the European sunflower oil market with a value of 1.0353 billion Euros. Following Spain, Romania and Germany showed significant market sizes with 0.29281 and 0.28461 billion Euros respectively. Croatia, Bulgaria, Greece, and Denmark had smaller market values, underlining a more modest consumption or production level in these countries.
Year-on-year variations in 2023 noted decreases across all countries, with Greece and Denmark experiencing the largest declines at -2.78% and -3.48%, respectively. Spain showed resilience with a smaller drop of -0.62% compared to other nations, signaling relative market stability.
Future trends to watch include changes in agricultural policies, weather conditions affecting sunflower cultivation, and shifts in consumer preferences towards alternative oils. These factors could significantly influence both production levels and market values across European countries in the coming years.
Top countries in Sunflower Oil Market Size Value by Country
| # | 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% | View data |
| 7 | 7 Denmark | 15,181,000 | 2023 | -2.56% | -3.48% | View data |
