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Sunflower Oilcake Market

Sunflower oilcake market: discover the most recent information enhanced by an Ai-driven market intelligence platform. Information include production, companies, imports, market size, exports, market prices, trade, and consumption. Here is a breakdown by region, including Africa, Russia, EU, the Middle East, the U.K., China, Latin America, and the U.S. Market insights and outlook to 2030 are also featured in the reports.

Get FREE access to the latest data and statistics on the Sunflower Oilcake Market.

Sunflower Oilcake - World's Largest Markets

Rating	Country
1	China
2	Mexico
3	India
4	Japan
5	United States

In value terms, China led the market, alone. The second position in the ranking was occupied by Mexico. It was followed by India.

From 2018 to 2020, the average annual rate of growth in terms of value in China stood at +3.6%. In the other countries, the average annual rates were as follows: Mexico (+0.8% per year) and India (+9.3% per year).

Sunflower Oilcake Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Argentina	192	215	161	-8.4%
Russia	194	194	191	-0.8%
Ukraine	205	205	214	2.2%
Romania	213	217	223	2.3%
Bulgaria	220	217	229	2.0%
Hungary	213	231	250	8.3%
Netherlands	217	263	264	10.3%
Average	208	211	214	1.3%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was the Netherlands ($264 per ton), while Argentina ($161 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
China	222	278	269	10.1%
Germany	257	265	262	1.0%
India	251	251	251	0.0%
Morocco	221	209	251	6.6%
Turkey	197	225	246	11.7%
France	218	243	241	5.1%
Italy	194	199	240	11.2%
Netherlands	223	232	239	3.5%
Spain	170	173	233	17.1%
United Kingdom	220	228	233	2.9%
Denmark	225	231	229	0.9%
Poland	204	211	227	5.5%
Belarus	237	214	216	-4.5%
Average	217	231	244	6.1%

Average prices varied noticeably amongst the major importing countries. In 2020, major importing countries recorded the following prices: in China ($269 per ton) and Germany ($262 per ton), while Belarus ($216 per ton) and Poland ($227 per ton) were amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Spain, while the other global leaders experienced more modest paces of growth.

Sunflower Oilcake - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
China	0.1	0.4	0.6	105.8%
Turkey	0.1	0.2	0.3	34.3%
France	0.2	0.2	0.2	9.5%
Italy	0.1	0.1	0.2	12.6%
Netherlands	0.1	0.2	0.1	0.5%

In value terms, China ($588M) constitutes the largest market for imported sunflower oilcake worldwide, comprising 22% of global imports. The second position in the ranking was occupied by Turkey ($257M), with a 9.8% share of global imports. It was followed by France, with a 8.9% share.

In China, sunflower oilcake imports increased at an average annual rate of +105.8% over the period from 2018-2020. The remaining importing countries recorded the following average annual rates of imports growth: Turkey (+34.3% per year) and France (+9.5% per year).

Sunflower Oilcake - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	billion USD			CAGR, 2018-2020
Ukraine	0.9	1	1.1	13.9%
Russia	0.2	0.4	0.4	26.8%
Bulgaria	0.1	0.1	0.1	14.1%
Netherlands	0.08	0.1	0.09	7.5%
Hungary	0.08	0.1	0.09	4.3%

In value terms, Ukraine ($1.1B) remains the largest sunflower oilcake supplier worldwide, comprising 50% of global exports. The second position in the ranking was occupied by Russia ($363M), with a 16% share of global exports. It was followed by Bulgaria, with a 5.6% share.

From 2018 to 2020, the average annual growth rate of value in Ukraine totaled +13.9%. The remaining exporting countries recorded the following average annual rates of exports growth: Russia (+26.8% per year) and Bulgaria (+14.1% per year).

Sunflower Oilcake - Market Forecast

Driven by increasing demand for sunflower oilcake worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to accelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.