Sunflower supply in South Africa is projected to grow from 924.0 thousand metric tons in 2024 to 962.0 thousand metric tons by 2028. In 2023, sunflower supply stood at 912.0 thousand metric tons. The forecast represents a steady year-on-year growth with an annual variation of approximately 1.08% between 2024 and 2025, 0.96% between 2025 and 2026, 1.06% between 2026 and 2027, and 0.94% between 2027 and 2028. The compound annual growth rate (CAGR) over the next five years is about 1.01%.
Future trends to watch for:
• Climate change impacts on agricultural yields.
• Technological advancements in farming techniques.
• Changes in domestic and international market demand.
• Policymaking and subsidy adjustments within the agricultural sector.
• Commodity price fluctuations affecting profitability and farmer decisions.
