Forecast: Sunflower Seed Oil Domestic Consumption in Canada

The domestic consumption of sunflower seed oil in Canada is forecasted to rise modestly from 54.0 thousand metric tons in 2024 to 56.0 in 2028. This represents a compound annual growth rate (CAGR) of approximately 0.91% over the five-year period. The year-on-year increase from 2026 to 2027 and from 2027 to 2028 is noted at about 1.82%. In comparison, the actual consumption in 2023 was slightly lower, around 53.0 thousand metric tons.

Future trends to watch for include:

  • Potential shifts in consumer preferences towards healthier cooking oils, which could impact growth rates.
  • Market dynamics driven by changes in domestic production and import policies.
  • Fluctuations in global supply chains affecting availability and pricing.

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