The sunflowerseed oil demand in France is projected to increase steadily from 405 thousand metric tons in 2024 to 412 thousand metric tons by 2028. Compared to the actual demand in 2023, this represents a modest but consistent growth. Year-on-year variations are observed to be around 0.5% from 2024 to 2028, with a cumulative average growth rate (CAGR) over the five-year forecast period of approximately 0.34% annually.
Future trends to watch for include:
- Potential shifts in consumer preferences towards healthier oils or alternative products.
- Economic factors such as price fluctuations of sunflowerseed oil and agricultural outputs.
- Regulatory changes impacting the agricultural sector and import/export dynamics.
- Environmental concerns and sustainable farming practices influencing production and supply chains.