In 2023, the sold production of refined sunflower-seed and safflower oil in Germany stood at a notable 455 million kilograms. Forecasts indicate a steady growth trajectory from 2024 to 2028, with volumes expected to reach 538.42 million kilograms by the end of the period. This represents a compound annual growth rate (CAGR) of approximately 3.41% over the five-year span from 2024 to 2028. Key year-on-year growth rates are anticipated to be around 3.52% in 2025 and 3.32% in 2026, demonstrating a consistent rising trend.
Future trends to watch for include:
- Potential impacts of climate change on sunflower-seed crop yields.
- Shifts in consumer preferences towards sustainable and organic oils.
- Regulatory changes affecting the agricultural sector and oil production.
- Increased competition from alternative vegetable oils and substitutes.