The forecast for the import of sunflower seeds to India shows a consistent upward trend from 2024 to 2028. Starting at 2.386 million kilograms in 2024, the imports are projected to increase to 2.6896 million kilograms by 2028. Comparing this with 2023, when imports stood at approximately 2.3 million kilograms, indicates steady growth. The year-on-year percentage growth highlights an average annual increase of around 3.5%. Over a five-year span, this forms a compound annual growth rate that suggests a steady expansion in demand for sunflower seeds.
Looking ahead, factors influencing this trend include shifting consumer preferences towards healthier oils, potential government import policies, and global agricultural production shifts. Monitoring these factors alongside India’s domestic production capacity and international trade relations will be crucial in ensuring a balanced supply-demand scenario.