Key Market Indicators
Consumption of sunflower oil in India is expected to reach 2.8 million metric tons by 2026, up 1.9% annually from 2.5 million metric tons in 2021. From 2017, Indian demand has declined 0.2% annually. Russia, Spain and Argentina were the top three countries in the ranking, respectively. In 2021, India's sunflower oil production totaled 15.9 thousand metric tons, a 46.2% decrease compared to 29.5 thousand metric tons in 2020. From 1975, Indian supply has decreased 27.7% each year. India was 39th in the ranking, with Egypt coming in first with 15.9 thousand metric tons. Russia, Argentina and Hungary were the next three countries, respectively.