Forecast: Sunflower Seed Oil Distribution in Canada

The distribution of sunflower seed oil in Canada is set to maintain a steady growth from 2024 to 2028, starting at 59.0 thousand metric tons and rising to 61.0 thousand metric tons by 2028. For context, the 2023 value was 58.0 thousand metric tons. The year-on-year growth is minimal, with the most significant increase of approximately 1.7% occurring between 2026 and 2027. Over the five-year period from 2024 to 2028, the compound annual growth rate is modest, indicating a stable, albeit slow, increase in distribution volumes.

Future trends to watch for include:

  • Potential impacts of climate change on sunflower production, affecting supply.
  • Shifts in consumer preferences towards more sustainable and healthy oil options.
  • Trade policy changes that could affect import and export dynamics.

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