The oil-cake market resulting from the extraction of sunflower seed fats or oils in Croatia demonstrated growth from 2013, reaching a peak in 2017. However, a declining trend appeared post-2017 with fluctuations but an overall downward trajectory as noted by a year-on-year decrease of 1.52% in 2023, leaving it at 68.703 million kilograms. The recent five-year compound annual growth rate (CAGR) is recorded at -1.13%, underscoring the gradual decline in market size volume.
Future trends to watch include potential shifts in demand for plant-based proteins or feedstock innovations. External factors like policy changes or climate impacts on crop yields might also influence market dynamics.
