Sunflower oil production in Malaysia grew significantly from 2013 to 2023, peaking at 8080 metric tons in 2023. Notably, the period from 2013 to 2018 saw rapid increases, with a standout growth of 144.31% in 2018. Post-2018, growth stabilized, with 2023 seeing a year-on-year increase of 5.74%. The Compound Annual Growth Rate (CAGR) over the last five years (2018-2023) stands at 2.54%, reflecting a more modest growth trend.

Looking forward to 2028, forecasted data indicates a gradual increase. The forecasted CAGR for the next five years (2023-2028) is 3.6%, with a total growth rate of 19.34%. This suggests a steady, continued expansion, albeit at a slower pace compared to earlier years.

Future trends to watch for include:

Fluctuations in global sunflower oil supply and demand dynamics.
Technological advancements in agricultural productivity.
Sustainability practices and regulatory changes impacting the agriculture sector.