The sunflower seed oil supply in the US is projected to gradually increase from 425.0 thousand metric tons in 2024 to 446.0 thousand metric tons in 2028. In 2023, the supply was recorded at approximately 420.0 thousand metric tons. The forecasted year-on-year growth rates indicate a steady increase of around 1-1.5% annually, with a five-year CAGR of approximately 1.2%.
Future trends to watch for include:
- Impact of global agricultural policies on sunflower seed production.
- Fluctuations in global demand due to changing dietary preferences.
- Pricing strategies and cost management in response to environmental challenges affecting crop yields.