Sunflowerseed oil demand in Austria is projected to rise steadily from 76.0 thousand metric tons in 2024 to 82.0 thousand metric tons in 2028. This represents a year-on-year increase of approximately 1.3% to 2.5%, with the Compound Annual Growth Rate (CAGR) over this period being around 1.50%. In 2023, the demand stood at 75.0 thousand metric tons, indicating a gradual and consistent upward trend.
Future trends to watch for:
- Consumer shifts towards healthier cooking oils and dietary habits.
- Potential impact of agricultural policies and subsidies on sunflowerseed production.
- Evolving market dynamics due to global supply chain fluctuations and geopolitical factors.