Key Market Indicators
Argentina's sunflower oil consumption is forecast to drop slightly in the next five years, averaging 0.1% year-on-year. In 2021, the country ranked fourth with 465,000 metric tons, behind Spain at 468,000 metric tons. Russia, Spain, and Argentina were the top three in that order. Production of Argentinian sunflower oil is expected to decrease slightly over the same period, averaging 0.2% year-on-year. In 2021, Russia led the way with 1,277,500 metric tons, with Argentina coming in third with 1,266,300 metric tons. Russia, Argentina, and Hungary were the top three in that order.