Which Country Produces the Most Sunflower-seed and Safflower Oil in the World?

Vegetable And Animal Oils And Fats November 21, 2017
Author: Anna Sergeeva
Market Analyst

In 2015, the countries with the highest levels of sunflower-seed and safflower oil production were Ukraine (4,466 thousand tonnes), Russia (4,121 thousand tonnes), Turkey (723 thousand tonnes), together accounting for 59% of total output.

From 2007 to 2015, the most notable growth rates of sunflower-seed and safflower oil production among the main producing countries was attained by Ukraine (+9.1% per year), while the other global leaders experienced more modest paces of growth.

Top 10 Sunflower-Seed And Safflower Oil Producing Countries in the World

1. Ukraine (4,466K Tonnes)
2. Russia (4,121K Tonnes)
3. Turkey (723K Tonnes)
4. Hungary (660K Tonnes)
5. France (643K Tonnes)
6. Argentina (573K Tonnes)
7. Romania (504K Tonnes)
8. Spain (497K Tonnes)
9. Bulgaria (362K Tonnes)
10. South Africa (271K Tonnes)

Global Sunflower-seed and Safflower Oil Production

Global sunflower-seed and safflower oil production amounted to 15,694 thousand tonnes in 2015, declining by -1.1% against the previous year level. Overall, the global sunflower-seed and safflower oil output pursued a pronounced growth from 2007 to 2015. The trend pattern, however, indicated some noticable fluctuations throughout the analyzed period. The total output figures increased at an average annual rate of +4.4%. The growth pace was the most rapid in 2009, when the output figure increased by +19% from the previous year level. Over the period under review, the global sunflower-seed and safflower oil production reached its maximum volume in 2015, and is likely to continue its growth in the immediate term.

Over the analyzed period, an increase in global sunflower-seed and safflower oil production was primarily driven by population growth, growth of baking, and increasing biofuel use. Furthermore, these key drivers are expected to continue promoting the sunflower-seed and safflower oil output in the immediate term.

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Source: World: Sunflower-Seed And Safflower Oil - Market Report. Analysis And Forecast