In 2023, the actual sunflowerseed oil processing volume in Canada stood below the forecast of 13,000 Metric Tons predicted for 2024. The forecast indicates a stable trend with consistent volumes of 13,000 Metric Tons for 2024 and 2025, followed by an increase to 14,000 Metric Tons from 2026 to 2028. The year-on-year variation remains flat for the first two years, with an approximate 7.7% increase in 2026, stabilizing thereafter. The compound annual growth rate (CAGR) over this five-year period is projected to be around 1.5%, reflecting moderate but steady growth.

Future trends to watch include:

Potential impacts of global agricultural policies on Canadian production.
Changes in consumer preferences towards sunflowerseed oil due to health and sustainability factors.
Technological advancements that could enhance processing efficiency.