Key Market Indicators
Consumption of sunflower oil in Australia is projected to drop by 3.6% year-on-year between 2021 and 2026, reaching 5,000 metric tons. This marks a slight decrease since 2017, when demand was stable. Currently, Australia ranks 85th in the world for sunflower oil consumption, behind Uruguay, which has a consumption of 6,000 metric tons. Russian, Spanish, and Argentinean sunflower oil consumption are the highest in the world, at 2nd, 3rd, and 4th place respectively. Production of sunflower oil in Australia is projected to fall 13.1% year-on-year between 2021 and 2026, to 3,750 metric tons. This represents a decrease of 6.3% since 1966. Australia ranks 48th in the world for sunflower oil production, with Belarus in the lead, producing 8,300 metric tons. Russia, Argentina, and Hungary come in 2nd, 3rd, and 4th respectively.
