The domestic consumption of sunflower seed oil in China was 1.82 million metric tons in 2023. Forecasts suggest a steady increase from 2024 to 2028, starting at 1.86 million metric tons in 2024 and reaching 1.95 million metric tons by 2028. The year-on-year growth rates show a stable increase of around 1.08% annually. Extrapolating the last five years, the CAGR indicates consistent growth, demonstrating a robust demand for sunflower seed oil in the Chinese market.
Future trends to watch for include:
- Potential shifts in dietary preferences toward healthier cooking oils as health consciousness rises among consumers.
- Impacts of potential changes in trade policies and tariffs affecting import and export markets.
- Technological advancements in agricultural practices that could alter the production and availability of sunflower seeds.