In 2023, India's sunflower seed export volume was projected at 2.5 thousand metric tons. Forecasts from 2024 to 2027 indicate stability at 3.0 thousand metric tons annually, followed by a decline to 2.0 thousand metric tons in 2028. The year-on-year growth from 2023 to 2024 is projected at 20%, followed by a stable period till 2027. A significant drop of approximately 33% in volume is expected in 2028.
Future Trends to Watch For:
- Global demand fluctuations for sunflower seeds due to dietary trends.
- Potential impact of climate change on sunflower seed cultivation in India and globally.
- Shifts in international trade policies or tariffs affecting export margins.