Between 2013 and 2023, sunflower oil production in Argentina exhibited fluctuations, with the most significant decline occurring in 2013 (-30.28%). Production recovered steadily, with notable growth in 2017 at 16.42%. The volume stood at 1.273 million metric tons in 2023, with a marginal year-on-year decline of 0.17%. The 5-year CAGR up to 2023 saw a slight decrease of -0.49%. Forecasts suggest a continued modest decline at a CAGR of -0.14% from 2024 to 2028, with a projected value of 1.2614 million metric tons by 2028.
Key future trends to watch include technological advancements in agriculture, variability in global demand, climate change impacts on crop yields, and policy changes affecting oilseed production and export dynamics.
