In 2023, France's sunflower-seed oil production value stood at €540 million. Forecasts indicate progressive growth over the next five years, reaching €682.58 million by 2028. The year-on-year growth rates reveal steady expansions: 5.26% from 2024 to 2025, 4.95% from 2025 to 2026, 4.67% from 2026 to 2027, and 4.41% from 2027 to 2028. The calculated CAGR for 2024 to 2028 is approximately 4.93%, showcasing consistent advancements in production value.
Future trends to watch for include:
- Potential impacts of climatic changes on crop yields.
- Shifts in consumer preferences due to health and environmental consciousness.
- Changes in EU agricultural policies and their influence on oil production margins.
- Technological advancements in oil extraction methods enhancing production efficiency.
