South Africa’s 2023/24 Sunflower Seed Supply and Demand Estimate

The total supply of sunflower seed in South Africa is estimated at 853,550MT for the 2023/24 marketing season. This includes an opening stock level (on 1 March 2023) of 62,290MT, domestic commercial deliveries of 775,260MT, sunflower seed imports of 7,000MT for South Africa, and a surplus of 9,000MT.

The total demand (domestic plus exports) for sunflower seed is projected at 791,550MT. This includes 1,600MT processed for human consumption, 6,000MT processed for animal consumption, 780,000MT for the crush (oil and oilcake), 1,000MT withdrawn by producers, 50MT released to end consumers, 2,000MT seed for planting purposes and a balancing figure of 700MT (net receipts and net dispatches). A quantity of 200MT is estimated for exports for the 2023/24 marketing season.