In 2023, Brazil's domestic consumption of sunflower was recorded at 72.0 thousand metric tons. From 2024 to 2028, a forecasted steady increase is expected, moving from 73.0 to 76.0 thousand metric tons. This reflects a gradual year-on-year growth, with the most noticeable consistency observed in 2028 where the consumption stabilizes. The Compound Annual Growth Rate (CAGR) over the five-year forecast period shows a minimal average annual growth.
Future trends to watch for:
- Potential impact of economic policies on agricultural sectors that might influence sunflower consumption.
- Shifts in dietary patterns favoring healthier oils and seeds, potentially boosting sunflower demand.
- Technological advancements in oil extraction and processing may drive efficiency and consumption changes.