The sunflower seed oil supply in Canada is expected to grow steadily from 59.0 thousand metric tons in 2024 to 61.0 thousand metric tons in 2028. This represents a slow but positive growth trend, with year-on-year growth rates at 0% between 2024-2025, 1.69% from 2025-2026, and a slight increase to 1.67% from 2026-2027 before stabilizing at 0% from 2027-2028. The compound annual growth rate (CAGR) over this five-year period is approximately 0.84%.
Future trends to watch include:
- Potential impacts of climate change on sunflower seed yields and oil production.
- Shifts in consumer demand for more sustainable and healthy vegetable oils.
- Any changes in trade policies affecting the import and export of sunflower seeds and oil.