The global market for non-food uses of sunflowerseed oil shows China leading with significant consumption, followed by Russia and Spain. China experienced a modest increase of 2.08% year-on-year, while Spain surged by 5.7%. Notable growth occurred in Hungary with a dramatic rise of 90.37%, though the Netherlands and Egypt saw declines. The five-year CAGR indicates overall market stability, with fluctuations driven by key players like China and Spain affecting global distribution.
Future trends to watch include:
- Increased demand from emerging markets due to industrialization.
- Potential shifts in consumption patterns owing to sustainability efforts.
- Technological advancements improving oil extraction efficiency.
- Potential trade disruptions influencing global distribution.
Top countries in Sunflowerseed Oil Non-food Uses Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 18.68 | 2023 | +1.13% | +2.08% | View data |
| 2 | 2 Russia | 13.31 | 2023 | +1.19% | +0.56% | View data |
| 3 | 3 Spain | 8.29 | 2023 | +3.58% | +5.7% | View data |
| 4 | 4 Iraq | 7.87 | 2023 | +1.68% | +0.74% | View data |
| 5 | 5 India | 5.89 | 2023 | +3.2% | +1.1% | View data |
| 6 | 6 Italy | 4.95 | 2023 | +2.15% | +1.66% | View data |
| 7 | 7 Belgium | 4.9 | 2023 | +2.17% | +0.87% | View data |
| 8 | 8 United States | 4.53 | 2023 | +4.19% | +4.75% | View data |
| 9 | 9 Netherlands | 3.54 | 2023 | -2.86% | -2.33% | View data |
| 10 | 10 United Kingdom of Great Britain and Northern Ireland | 2.94 | 2023 |
