In 2023, the sunflower supply in Saudi Arabia stood at X Thousand Metric Tons. The forecasted data for sunflower supply from 2024 to 2028 indicates a stable trend with an initial value of 11.0 Thousand Metric Tons in 2024 and 2025, followed by a slight increase to 12.0 Thousand Metric Tons from 2026 to 2028.
Year-on-year percentage variation shows:
- From 2024 to 2025: 0%
- From 2025 to 2026: +9.09%
- From 2026 to 2027: 0%
- From 2027 to 2028: 0%
The Compound Annual Growth Rate (CAGR) over the forecasted period from 2024 to 2028 is approximately 2.21%.
Future Trends to Watch For:
- Potential shifts in agricultural policies or subsidies in Saudi Arabia that could impact sunflower production.
- Technological advancements in farming that may increase yield efficiency.
- Fluctuations in global sunflower market prices and their effect on local supply dynamics.