Key Market Indicators
Armenian Sunflower Oil Consumption is expected to remain the same, at 20 thousand metric tons, until 2026. In 2021, the country ranked 52nd, with Belgium in the lead at 20 thousand metric tons. Russia, Spain, and Argentina followed, respectively. Armenian Sunflower Oil Production saw a sharp drop in 2021, reaching just 113 metric tons compared to 191.9 metric tons in 2020. Since 2008, production has decreased by almost a third. In 2021, Kyrgyzstan took the lead in production, with Armenia ranking 74th. Russia, Argentina, and Hungary followed, respectively.