Sunflower seed oil domestic food consumption in Brazil is projected to grow steadily from 2024 to 2028, reaching 80.0 thousand metric tons. In 2023, the actual consumption was slightly lower at an estimated value, indicating a gentle upward trend over the years. The year-on-year growth rate from 2024 to 2025 is approximately 1.33%, and from 2025 to 2026, it remains consistent. A significant increase is observed from 2026 to 2027, with a 2.60% rise. The 2027 to 2028 growth returns to 1.27%. Overall, the compound annual growth rate (CAGR) for this period is expected to stay relatively moderate, highlighting a stable consumption pattern.
Future trends to watch for include:
- Consumer preferences shifting towards healthier oil options, which could accelerate sunflower seed oil consumption.
- Potential impacts of agricultural policies and trade agreements influencing domestic production and pricing.
- The role of technological advancements in production efficiency that could affect market supply and cost dynamics.
