Sunflower oil exports from Russia have increased by more than a quarter this season

Published 2024년 10월 15일

Tridge summary

Russia's vegetable oil exports have seen a significant increase in the first eight months of 2024, reaching 4.99 million tons, a 10% rise from the previous year. Sunflower oil exports have experienced the most growth, with a 26% increase to 3.77 million tons, making up over 75% of the total vegetable oil exports. The main importers of Russian sunflower oil are India, Turkey, and China. Meanwhile, soybean oil exports have also risen by 18%, with Algeria being the main buyer, while rapeseed oil exports have decreased by 36%, with over 85% of the exports being sent to China.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to official data, the estimated export of all vegetable oils from Russia for the first eight months of 2024 amounted to 4.99 million tons, which is 10% more than in the same period last year. Sunflower oil exports from Russia increased by more than 1/4 this season In the first eight months of 2024, the volume of sunflower oil exports increased by 26% to 3.77 million tons, and its share in the structure of vegetable oil exports amounted to more than 75%. The main recipients are India (1.35 million tons), Turkey (548 thousand tons) and China (466 thousand tons). The main exporters of sunflower oil to the world market in the previous season were: Ukraine (5.7 million tons) and Russia (4.1 million tons). Soybean oil exports also increased, but rapeseed oil exports decreased Soybean oil exports from Russia in ...

Source: Gospodarz