Key Market Indicators
Austrian sunflower oil consumption is expected to remain steady over the next five years, following stable demand since 2017, with 22 thousand metric tons forecast by 2026. In 2021, Austria was ranked 47th in the world, with Zambia in the lead at the same amount. Russia, Spain and Argentina were ranked 2nd, 3rd and 4th respectively. Meanwhile, Austrian sunflower oil production is projected to reach around 80 thousand metric tons by 2026, with a 2.2% average year-on-year growth since 1966. In 2021, the country was ranked 23rd in the world, with Uganda at the top with 70.1 thousand metric tons. Russia, Argentina and Hungary were ranked 2nd, 3rd and 4th respectively.