In 2023, Ukraine dominated the global export of sunflower seed oilcake and other solid residues with a significant lead, followed by Russia and Bulgaria. Noteworthy are Hungary and the Czech Republic, showing impressive growth of around 5% year-on-year. Meanwhile, China displayed a striking year-on-year increase of over 10%, reflecting rapid growth in this sector. However, some countries like Argentina, Germany, and Poland recorded declines, indicating varying dynamics in their agricultural output or demand. Although the United States maintains a presence, it experienced a considerable drop in export volumes, alongside Lithuania and Greece which also faced substantial declines.
Looking ahead, geographical shifts in agricultural production and global economic conditions could significantly influence the export landscape. Attention should be on countries with high growth rates like Ukraine, China, and Latvia, signaling strong potential for future market leadership. Moreover, environmental policies, climate change effects, and advancements in agricultural technology could redefine production capacities, affecting both emerging and established exporters.
Top countries in Export of Sunflower Seed Oilcake and Other Solid Residues by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ukraine | 5,311,600,000 | 2023 | +3.21% | +4.33% | View data |
| 2 | 2 Russia | 1,287,600,000 | 2023 | +1.37% | +2.12% | View data |
| 3 | 3 Bulgaria | 550,230,000 | 2023 | +4.85% | +4.28% | View data |
| 4 | 4 Hungary | 485,150,000 | 2023 | +3.8% | +4.93% | View data |
| 5 | 5 Netherlands | 466,400,000 | 2023 | +2.41% | +3.45% | View data |
| 6 | 6 Argentina | 445,910,000 | 2023 | -4.95% | -1.85% | View data |
| 7 | 7 Romania | 432,970,000 | 2023 | +3.58% | +1.64% | View data |
| 8 | 8 Serbia | 131,360,000 | 2023 | +4.1% | +0.6% | View data |
| 9 | 9 Belgium | 115,350,000 | 2023 | +2.3% | +2.18% | View data |
| 10 | 10 Germany | 112,340,000 | 2023 | +1.31% | -1.58% | View data |