The forecasted sold production of refined sunflower-seed and safflower oil in Germany shows a steady and moderate increase from 2024 to 2028, starting at 290.71 million euros in 2024 and reaching 299.22 million euros in 2028. Previous actual data for 2023 is not provided, but according to the growth pattern, we can expect similar incremental rises year-on-year, indicating a stable demand and market resilience.
The year-on-year percentage change demonstrates a consistent positive trend, albeit gradual, from 2024 to 2028, with variations around 0.75% per year. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) reflects an average annual increase in the vicinity of 0.75%.
Future trends to watch for include potential impacts of climate change on raw material availability, technological advancements in refining processes, and shifting consumer preferences towards healthier and sustainable oil options, which may drive market dynamics further.
