Sunflower oil demand shows continuous growth with vegetable oil prices record all time high

Global sunflower oil imports reached a 5-year high of 4.5B USD. It is suspected that one of the causes is the increase in palm oil prices which forced importers to switch to other alternative oils. Likewise, exports of Russian sunflower oil to India increased by more than 50% compared to last year's values, and now maintaining values worth 353.68M USD. Russia is now listed as the second-largest sunflower oil exporter to India and the third-largest exporter in the world.