In 2023, the actual volume of sunflower seed feed in Saudi Arabia was 8.0 thousand metric tons. From 2024 to 2028, the projected figures are 9.0, 10.0, 10.0, 11.0, and 11.0 thousand metric tons respectively. The year-on-year percentage variations from 2023 to 2024 exhibit a 12.5% increase. From 2024 to 2025, the forecasted growth is 11.1%. The volume remains steady from 2025 to 2026. Between 2026 and 2027, there is a projected increase of 10%. The volume then stabilizes from 2027 to 2028. Over the five-year period, the average annual growth rate (CAGR) stands at 6.8%.
Future trends to watch for include potential changes in agricultural policies, shifts in global sunflower seed production and prices, and the impact of evolving dietary preferences on animal feed formulations. Monitoring these factors will be crucial for accurately forecasting future demands.
