The forecasted import of crude sunflower-seed or safflower oil to Canada shows a consistent decline from 991.79 thousand kilograms in 2024 to 724.3 thousand kilograms by 2028. This represents a steady year-on-year decrease, with a compound annual growth rate (CAGR) indicating a significant downward trend.
Key future trends to watch for:
- Potential shifts in international trade agreements that may impact import rates and volumes.
- Developments in domestic oilseed production affecting the need for imports.
- Global market fluctuations in oilseed prices that could alter importing behavior.