Starting from the reality of 2023, Denmark's demand for sunflowerseed oil stood at 12.5 thousand metric tons. In the subsequent forecast from 2024 to 2028, the demand is expected to remain steady at 12.0 thousand metric tons until 2027, before slightly decreasing to 11.0 thousand metric tons in 2028. The uniformity in values indicates no year-on-year variation between 2024 and 2027, but a decrease of about 8.33% from 2027 to 2028. Over the last five years, considering the drop in 2028, the compound annual growth rate (CAGR) for sunflowerseed oil demand in Denmark is slightly negative.
Future trends to watch for:
- Potential impact of health trends and diet shifts on edible oil consumption.
- Possible influence of economic conditions and price changes on demand.
- Market developments in alternative oils and substitutes.
