In 2023, sunflowerseed meal distribution in China was approximately 4.1 million metric tons. The forecast for the upcoming years shows a consistent upward trend, with projected volumes reaching 6.18 million metric tons by 2028. This suggests a compound annual growth rate (CAGR) over the five-year period of approximately 7.03%.
Year-on-year variations suggest:
- 2024 sees an approximately 10.24% increase from 2023.
- 2025 anticipates a 9.29% rise from 2024.
- 2026 projects an 8.50% increase from 2025.
- 2027 forecasts a 7.65% rise from 2026.
- 2028 anticipates a 7.11% increase from 2027.
Future trends to watch include policy changes on agricultural imports, shifts in domestic farming practices, and developments in alternative protein sources, all of which could impact demand for sunflowerseed meal in China.
