The forecast for sunflowerseed oil demand in the United Kingdom from 2024 to 2028 indicates a steady decrease from 275.0 to 271.0 thousand metric tons. In 2023, the demand stood at 276.0 thousand metric tons, suggesting a gradual decline year-on-year. The average compound annual growth rate (CAGR) over the five forecasted years is approximately negative, reflecting a consistent decrease in demand.
Future trends to watch for include consumer shifts towards alternative oils, the impact of sustainability and health trends on oil consumption, and potential economic factors influencing purchasing power. Additionally, any changes in agricultural policies or supply chain disruptions could further affect the demand trajectory.
