In 2023, the sunflower seed demand in Mexico stood at 29.94 thousand metric tons. The forecasted data for 2024 shows a demand of 29.64 thousand metric tons, which represents a slight year-on-year decrease of approximately 1%. This downward trend continues throughout the forecast period, with sunflower seed demand decreasing to 28.45 thousand metric tons by 2028. The average annual variation over the last five years (CAGR) is -1.36%.
Future trends to watch for:
- Impact of changing consumer preferences towards plant-based and healthier diets.
- Influence of international trade policies and agreements on seed import/export dynamics.
- Technological advancements in agriculture that could affect domestic sunflower seed production and yield.
