The sunflowerseed oil demand in Turkey is projected to see a gentle upward trend from 2024 to 2028, starting at 1.19 million metric tons in 2024 and increasing steadily to 1.24 million metric tons by 2028. The year-on-year percentage variations from 2024 to 2025 is 0.84%, from 2025 to 2026 is 1.67%, from 2026 to 2027 is 0.82%, and from 2027 to 2028 is 0.81%. The compound annual growth rate (CAGR) for the five-year period (2024-2028) stands at 0.84%. In 2023, the value was 1.18 million metric tons, indicating a modest but consistent growth in demand.
Future trends to watch for include potential impacts of climate change on sunflowerseed production, changes in dietary preferences towards healthier oils, potential policy shifts in agricultural subsidies, and fluctuations in global commodity markets that could influence import-export dynamics of sunflowerseed oil in Turkey.
