The forecast for sunflowerseed meal domestic consumption in the US from 2024 to 2028 indicates a very modest growth. The values show a steady increase from 260 thousand metric tons in 2024 to 262 thousand metric tons in 2028. This represents a negligible average annual growth rate of around 0.38% over the five-year period. Based on historical data, the 2023 consumption stood at 260 thousand metric tons.
Future trends to watch for include:
- Potential changes in livestock feed preferences that may impact sunflowerseed meal demand.
- Fluctuations in sunflowerseed production influencing availability and price.
- Shifts in trade policies that could affect import and export dynamics for oilseed products.
- Developments in agricultural technology that may enhance production efficiency.