World - Sunflower-Seed And Safflower Oil - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Mar 1, 2024

World - Sunflower-Seed And Safflower Oil - Market Analysis, Forecast, Size, Trends and Insights

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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 ton
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 ton), while Argentina ($775 per ton) 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 ton
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 ton), while Iran ($745 per ton) 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.

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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

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global market for sunflower-seed and safflower oil. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 268 - Oil of Sunflower Seed
  • FCL 281 - Oil of Safflower Seed

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023
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