The global import market for sunflower seed oilcake and other solid residues shows significant regional variances. France, Italy, the Netherlands, Belarus, and Spain dominate imports, collectively driving growth in Europe. Notable surges are evident in Egypt, Saudi Arabia, and India, where demand has ramped up considerably. Despite China's high import levels, its growth pace lags behind other leading nations. Pakistan registered the most dramatic increase, experiencing over a twofold growth. Conversely, several countries, like Norway and Hungary, witnessed declines.
Future trends to watch include:
- The continued expansion of the European market as demand remains steady.
- Growth potentials in emerging economies, notably in Asia and Africa, where industrial and agricultural applications rise.
- Potential shifts due to environmental regulations and trade policies impacting global supply chains.
- Technological advancements in transportation and storage that could influence cost dynamics and competitiveness.
Top countries in Import of Sunflower Seed Oilcake and Other Solid Residues Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 12.04 | 2023 | +2.1% | +3.09% | View data |
| 2 | 2 Italy | 8.84 | 2023 | +1.9% | +1.56% | View data |
| 3 | 3 Netherlands | 8.67 | 2023 | +2.4% | +2.58% | View data |
| 4 | 4 Belarus | 7.85 | 2023 | +1.75% | +1.72% | View data |
| 5 | 5 Spain | 7.27 | 2023 | +3% | +4.12% | View data |
| 6 | 6 Germany | 6.38 | 2023 | +3.43% | +3.47% | View data |
| 7 | 7 China | 6 | 2023 | +6.8% | +0.95% | View data |
| 8 | 8 United Kingdom | 5.76 | 2023 | +1.23% | +0.5% | View data |
| 9 | 9 Poland | 4.98 | 2023 | +1.56% | +2.4% | View data |
| 10 | 10 Morocco | 4.77 | 2023 | +3.8% | +3.67% | View data |
