The sunflower seed oil supply in India is forecasted to grow steadily from 2024 to 2028, starting at 3.31 million metric tons and reaching 3.69 million metric tons. Over this period, there is a consistent growth trend with an average increase of around 0.1 million metric tons per year. Based on this forecast, the compound annual growth rate (CAGR) from 2024 to 2028 is approximately 2.72% indicating a positive supply momentum.
Future trends to watch for include:
- Potential shifts in global sunflower seed production that could affect supply levels.
- India's policies on agricultural production and import tariffs impacting domestic supply dynamics.
- Consumer demand for sunflower oil influenced by dietary trends and health considerations.