In 2024, Ukraine and Russia dominate global sunflower oil production with shares of 29.91% and 26.35%, respectively. Smaller contributors include Argentina (6.12%) and Hungary (4.16%). Over the past five years, Ukraine saw a 3.85% year-on-year increase, while Russia followed with a 3.37% rise. Argentina and Hungary experienced a minor decrease and notable increase of -0.49% and 4.49%, respectively. Other countries, such as France and Bulgaria, saw slight fluctuations, while diverse regions like Tanzania and Kazakhstan increased by 4.38% and 3.17%, respectively. Several smaller producers faced significant year-to-year variations.
Future trends to watch:
• Continued expansion in Asian markets like China (-7.25%) and India. • Growth potential in emerging African markets like Tanzania (4.38%) and South Africa (0.71%). • Technological advancements may further increase efficiencies in established regions.
Top countries in Sunflower Oil Production Share by Country (Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ukraine | 29.91 | 2023 | +3.25% | +3.85% | View data |
| 2 | 2 Russia | 26.35 | 2023 | +2.93% | +3.37% | View data |
| 3 | 3 Argentina | 6.12 | 2023 | -0.17% | -0.49% | View data |
| 4 | 4 Hungary | 4.16 | 2023 | +3.43% | +4.49% | View data |
| 5 | 5 France | 2.95 | 2023 | +0.8% | -0.052% | View data |
| 6 | 6 Bulgaria | 2.87 | 2023 | +3.86% | +4.13% | View data |
| 7 | 7 Romania | 2.69 | 2023 | +2.43% | +1.67% | View data |
| 8 | 8 Spain | 2.56 | 2023 | +1.06% | +0.3% | View data |
| 9 | 9 Tanzania | 1.57 | 2023 | +3.68% | +4.38% | View data |
| 10 | 10 Kazakhstan | 1.49 | 2023 | +2.88% | +3.17% | View data |