The sunflowerseed oil market size volume in Ghana has experienced significant fluctuations from 2014 to 2023. In 2023, the value stood at 3.0 thousand metric tons, the same as in 2022, indicating stability with zero year-on-year variation. Historically, there were notable peaks and troughs, such as a dramatic 200% increase in 2016 followed by a 66.67% decrease in 2017, eventually stabilizing around 3.0 thousand metric tons from 2018 onwards, with minimal fluctuations. Over the last five years leading to 2023, the Compound Annual Growth Rate (CAGR) reflects a steady performance.

Future trends to watch for:

Moderate growth: The forecasted CAGR until 2028 is 2.71%, indicating a steady increase in market volume.
Market stability: The market is expected to grow consistently with a forecasted 14.28% increase from 2023 to 2028.
Potential growth opportunities: Factors such as changing dietary patterns and health awareness may drive demand for sunflowerseed oil in Ghana.