In 2023, Ukraine dominated the global export of sunflower seed oilcake and other solid residues with a substantial share of 49.67% in value, followed by Russia at 11.4%. Among other notable exporters, the Netherlands, Bulgaria, and Hungary showed noteworthy shares at 5.87%, 5.65%, and 4.75% respectively. Year-on-year variations indicate robust growth for some European exporters, such as Hungary (4.17%) and Czech Republic (4.46%), alongside notable rises in China (10.62%) and Portugal (5.25%). However, several countries experienced declines, notably Poland (-5.53%) and Slovakia (-24.07%).
Future trends will likely focus on:
- Enhanced production capacities in Eastern Europe.
- Increasing demand from Asian markets, pushing shifts in trade routes.
- Impact of geopolitical factors on principal exporters such as Ukraine and Russia.
- Emergence of African countries like Tanzania and Uganda as potential key players.
Top countries in Export of Sunflower Seed Oilcake and Other Solid Residues Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ukraine | 49.67 | 2023 | +3.35% | +3.35% | View data |
| 2 | 2 Russia | 11.4 | 2023 | +1.38% | +1.17% | View data |
| 3 | 3 Netherlands | 5.87 | 2023 | +2.87% | +3.33% | View data |
| 4 | 4 Bulgaria | 5.65 | 2023 | +4.8% | +3.86% | View data |
| 5 | 5 Hungary | 4.75 | 2023 | +3.6% | +4.17% | View data |
| 6 | 6 Argentina | 4.59 | 2023 | -1.01% | +0.47% | View data |
| 7 | 7 Romania | 4.36 | 2023 | +3.83% | +1.49% | View data |
| 8 | 8 Tanzania | 2 | 2023 | +3.94% | +0.24% | View data |
| 9 | 9 Germany | 1.77 | 2023 | +3.39% | -0.41% | View data |
| 10 | 10 Belgium | 1.43 | 2023 | +3.42% | +2.75% | View data |
