Forecast: Sold Production of Refined Sunflower-Seed and Safflower Oil in the UK

The UK’s sold production of refined sunflower-seed and safflower oil is projected to decrease from 2024 to 2028. In 2023, the actual production was recorded at 39.5 million kilograms. From 2024 to 2025, a 11.46% decline is anticipated, followed by a consistent decrease, culminating in a 19.5% drop from 2027 to 2028. Over the five-year period from 2023 to 2028, the Compound Annual Growth Rate (CAGR) forecasts an average annual reduction of approximately 12%.

Future trends to watch for include:

  • Potential shifts in consumer preferences towards alternative oils, such as olive or avocado oil.
  • Environmental policies that may impact production and demand dynamics.
  • Global economic conditions affecting import and export activities.

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