Four EU countries increased sunflower plantings in an attempt to replace imports

Published 2022년 5월 30일

Tridge summary

In response to concerns over a potential drop in sunflower and sunflower oil supplies from Ukraine, which is a major global exporter of these commodities, Romania, Bulgaria, France, and Hungary have increased their sunflower plantings. The United States Department of Agriculture anticipates a significant decrease in Ukrainian sunflower crops in 2022 due to conflict, leading to increased interest in other sources. The European Union, which is the world's third-largest sunflower-growing country, has seen an 11% rise in sunflower plantings since 2015, with Romania being the largest contributor. These countries are aiming to mitigate the potential shortage by expanding their sown areas and improving yield efficiency.

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Original content

Romania, Bulgaria, France and Hungary have increased sunflower plantings in an attempt to offset the expected drop in supplies of sunflower and sunflower oil from Ukraine, AgrarHeute reports on May 27. Ukraine is the largest exporter of vegetable oil in the world, accounting for a third of world exports. The impending fall in Ukrainian exports worries all oil buyers, especially the European Union, which buys 30% of Ukrainian oil. The main sunflower crops are located in the east and southeast of Ukraine. The United States Department of Agriculture (USDA) predicts a sharp drop in crops in 2022 due to conflict in the country. The European Union ranks third in the world among sunflower-growing countries. In 2021, the harvest amounted to 10.49 million tons of seeds. The EU is far behind Ukraine and Russia, which harvest 15.4 and 15.3 million tons of sunflower seeds, respectively. Romania accounts for about a third of all sunflower production in the EU. Germany is in 10th place with 100 ...

Source: Oilworld