World - Sunflower-Seed And Safflower Oil - Market Analysis, Forecast, Size, Trends and Insights
Sunflower Oil Market - Ukraine’s Exports of Sunflower-Seed and Safflower Oil Increased by 8% in 2014
Ukraine dominates in the global trade of sunflower-seed and safflower oil. In 2014, Ukraine exported X thousand tonnes of sunflower-seed and safflower oil totaling X USD, X% over the previous year. Its primary trading partner on the global sunflower oil market was India, where it supplied X% of its total exports of sunflower-seed and safflower oil in value terms, accounting for X% of India's total imports.
Overall, the global trade of sunflower-seed and safflower oil reached X million USD, with a CAGR of X% from 2007 to 2014. In physical terms, it increased from X thousand tonnes in 2007 to X thousand tonnes in 2014.
In 2014, India (X%), Turkey (X%), China (X%), the Netherlands (X%) and Egypt (X%) were the leading destinations of imports of sunflower-seed and safflower oil, together making up X% of global imports. The share of India increased significantly (+X percentage points), while the share of Spain illustrated negative dynamics (-X percentage points).
The Russian Federation and the Netherlands were among the other main global suppliers of sunflower-seed and safflower oil in 2014 with a combined share of X% of global exports. However, the fastest growing exporters from 2007 to 2014 were Hungary (+X% per year) and Bulgaria (+X% per year). Ukraine strengthened its position in the global export structure, from X% in 2007 to X% in 2014.
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