The forecasted production of crude sunflower-seed and safflower oil in France shows a consistent decline from 2024 to 2028. In 2024, the production is projected at 476.4 million kilograms, decreasing year-on-year by approximately 1.9%. This downward trend continues, with production estimated to further decline by about 2% annually, reaching 440.72 million kilograms by 2028. Using the data from 2023 as a baseline, the compound annual growth rate (CAGR) over the next five years suggests a slight negative trend.
Key Trends to Watch:
- Impact of climate change on sunflower seed yields.
- Shifts in consumer preferences towards alternative oils.
- Policy changes affecting agriculture and oil production in the EU.
- Technological innovations driving efficiency in oil extraction.
