Sunflower-seed and Safflower Oil Market

Sunflower-seed and safflower oil market: enjoy the most recent information enhanced by an Ai-driven market research platform. Datasets cover imports, companies, trade, consumption, exports, production, market prices, and market size. There is a split by region, including the U.K., Africa, Russia, the Middle East, EU, China, the U.S., and Latin America. Market insights and outlook to 2030 are also featured in the dashboards.


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Sunflower-seed and Safflower Oil - World's Largest Markets

RatingCountry
1India
2Russia
3Turkey
4China
5Spain

In value terms, the largest sunflower-seed and safflower oil markets worldwide were India, Russia and Turkey, with a combined 30% share of the global market. China, Spain, Argentina, Italy, France, Ukraine, Iran, Egypt, Romania and Kazakhstan lagged somewhat behind, together comprising a further 32%.

Ukraine (+201.5% per year) saw the highest rates of growth with regard to market size, among the main consuming countries over the period under review, while sunflower-seed and safflower oil market for the other global leaders experienced more modest paces of growth.

Sunflower-Seed And Safflower Oil Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
USD per tonne
Argentina7528077751.5%
Russia712771100418.7%
Hungary839916114116.6%
Ukraine700776115628.5%
Turkey928986116812.2%
Netherlands884946120816.9%
France10431093129611.5%
Germany10451132129611.4%
Romania847916133425.5%
Bulgaria774868134631.9%
Spain10081129136216.2%
Average780847113920.9%

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Spain ($1,362 per tonne), while Argentina ($775 per tonne) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Bulgaria, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201920202021CAGR,
2019-2021
USD per tonne
France954984144723.2%
Uzbekistan811870141632.1%
United Kingdom937954139021.8%
Belgium874926137825.6%
Spain789853137131.8%
Netherlands812846134628.7%
Germany898935132421.4%
Italy792854132029.1%
India736828131233.5%
Turkey723793126332.2%
Egypt7157238317.8%
China7498017812.1%
Iran7357567450.7%
Average816875116419.4%

Prices varied noticeably by the country of destination; the country with the highest price was France ($1,447 per tonne), while Iran ($745 per tonne) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by India, while the other global leaders experienced more modest paces of growth.

Sunflower-Seed and Safflower Oil - Top Importers

COUNTRY201920202021CAGR,
2019-2021
billion USD
India1.82.12.416.3%
Turkey0.40.71.480.0%
China0.91.61.216.2%
Netherlands0.50.8139.3%
Spain0.50.50.830.0%

In value terms, the largest sunflower-seed and safflower oil importing markets worldwide were India ($2.4B), Turkey ($1.4B) and China ($1.2B), with a combined 33% share of global imports.

Among the main importing countries, Turkey (+80.0% per year) saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Sunflower-Seed and Safflower Oil - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
billion USD
Ukraine4.35.34.52.2%
Russia2.22.5316.5%
Netherlands0.60.70.823.3%
Bulgaria0.30.50.856.6%
Hungary0.50.50.719.8%

In value terms, Ukraine ($4.5B), Russia ($3B) and the Netherlands ($843M) appeared to be the countries with the highest levels of exports in 2021, together comprising 59% of global exports. These countries were followed by Bulgaria, Hungary, Turkey, France, Argentina, Spain, Germany and Romania, which together accounted for a further 27%.

Bulgaria (+56.6% per year) saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Sunflower-Seed and Safflower Oil - Market Forecast

Driven by increasing demand for sunflower-seed and safflower oil worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.

Sunflower-Seed and Safflower Oil - Top Companies

UNI-PRESIDENT ENTERPRISES CORP., Cargill Agrícola S/A, ADM do Brasil Ltda, Louis Dreyfus Company Brasil S/A., VICENTIN S.A.I.C., Tibet Linzhi Medog County Baimagang Grain & Oil Processing Sales Co., Ltd., Cocamar - Cooperativa Agroindustrial, Bianchini S/A. Indústria, Comércio e Agricultura, Dongguan Fuzhiyuan Feedstuff Protein Development Co., Ltd., Jiu San Group Tianjin Soya Science And Technology Co., Ltd., THAI VEGETABLE OIL PUBLIC COMPANY LIMITED, Syngenta Seeds, LLC, Solae, LLC, TTET UNION CORPORATION, Bunge Sanwei Grease Co., Ltd., ABC Indústria e Comércio S/A - ABC Inco, GUJARAT AMBUJA EXPORTS LIMITED, Zhongfang Foodgrain & Cooking Oil (Dongguan) Co., Ltd., COOPERATIVA COLONIAS UNIDAS AGROPECUARIA INDUSTRIAL LIMITADA, Gushen Biological Technology Group Co., Ltd.

Sunflower-seed and Safflower Oil - Product Coverage

  • HS 151211 - Vegetable oils; sunflower seed or safflower oil and their fractions, crude, not chemically modified
  • HS 151219 - Vegetable oils; sunflower seed or safflower oil and their fractions, other than crude, whether or not refined, but not chemically modified
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World - Sunflower-Seed and Safflower Oil - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global market for sunflower-seed and safflower oil.

Africa - Sunflower-Seed and Safflower Oil - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for sunflower-seed and safflower oil in Africa.

Eastern Asia - Sunflower-Seed and Safflower Oil - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for sunflower-seed and safflower oil in Eastern Asia.

Latin America and the Caribbean - Sunflower-Seed and Safflower Oil - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for sunflower-seed and safflower oil in Latin America and the Caribbean.

Australia and Oceania - Sunflower-Seed and Safflower Oil - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for sunflower-seed and safflower oil in Australia and Oceania.

Southern Asia - Sunflower-Seed and Safflower Oil - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for sunflower-seed and safflower oil in Southern Asia.

Northern America - Sunflower-Seed and Safflower Oil - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for sunflower-seed and safflower oil in Northern America.

South-Eastern Asia - Sunflower-Seed and Safflower Oil - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for sunflower-seed and safflower oil in South-Eastern Asia.

Central Asia - Sunflower-Seed and Safflower Oil - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for sunflower-seed and safflower oil in Central Asia.

Middle East - Sunflower-Seed and Safflower Oil - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the market for sunflower-seed and safflower oil in the Middle East.

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