Key Market Indicators
Consumption of sunflower oil in Bosnia is expected to reach 11,000 metric tons by 2026, a decrease of 1.7% from the 12,000 metric tons consumed in 2021. From 2017 to 2021, demand has held steady. Bosnia was ranked 71st in 2021, behind Lithuania, which consumed 12,000 metric tons. Russia, Spain, and Argentina were the top three, in that order. Production of sunflower oil in Bosnia is projected to reach 66,060 metric tons by 2026, a 2.2% increase from the 58,080 metric tons produced in 2021. Since 1997, production has fallen 8.3% year-on-year. Bosnia was ranked 26th in 2021, with Iran taking the lead at 58,080 metric tons. Russia, Argentina, and Hungary were the second, third, and fourth, respectively.
