Sunflowerseed oil demand in Egypt has shown a fluctuating trend over the past decade. In 2014, the demand stood at 342 thousand metric tons and saw significant yearly variations, reaching 261 thousand metric tons in 2023. Notably, there was a steep decline of 29.24% in 2015, followed by variable changes including a noteworthy increase of 35.17% in 2017 and a moderate decline of 6.37% in 2020. The compound annual growth rate (CAGR) over the last five years (2019-2023) was -1.11%.

Future forecasts indicate a continuous but moderate decline in demand, with a projected 5-year CAGR of -1.22%, culminating in a demand of 241.81 thousand metric tons by 2028.

Future trends to watch for:

Shifts in consumer preferences towards alternative oils due to health and environmental awareness.
Impact of economic policies and trade agreements on import and export dynamics.
Technological advancements and innovations within the oil extraction and production industry.