In 2023, the United Kingdom imported sunflower seed oil at a volume of approximately 320.0 thousand metric tons. The forecasted import volumes for the United Kingdom from 2024 to 2028 show a gradual increase, reaching 326.0 thousand metric tons by 2028. This reflects a year-on-year growth of about 0.31% from 2024 to 2025 and similarly, a steady increase through 2028. Over this five-year period, the compound annual growth rate (CAGR) is moderate, indicating a relatively stable demand for sunflower seed oil imports.
Future trends to watch for:
- Potential shifts in global sunflower seed oil production affecting supply.
- Impact of trade policies and tariffs on import volumes.
- Consumer dietary trends influencing demand for sunflower seed oil.
- Advancements in alternative oils that might alter import dynamics.
- Fluctuations in currency exchange rates potentially affecting import costs.