Global sunflower oil market ends the year with a supply deficit

year. Overall supplies are expected to be around 25.1 million tons, below the MY 2024/25 (25.3 million tons) and significantly below the MY 2023/24 (28.2 million tons). Global exports will decrease by 2.7 million tons. The main contributors to this decline will be Ukraine (1.6 million tons) and Russia (1.4 million tons). Meanwhile, supplies from Argentina could increase by approximately 30%, to 1.6 million tons, but this will only account for about 12% of the global total. Sunflower oil consumption is also declining in key regions. In the EU, a decline of almost 1 million tons is expected. In China and India, the decline will be ...