Sunflower oil market in Turkey, South Africa, and Nepal

Turkey and South Africa are major buyers of sunflower oil. Per capita consumption in Turkey exceeds 14 kg/person, in South Africa - 8.5 kg/person. per year, and in both countries the figure is growing. In 2020, 863,000 tons of crude sunflower oil worth $678 million were imported to the Republic of Turkey, and 248,000 tons worth $150 million were imported to South Africa. In Nepal, consumption of sunflower oil is low, but it increased from 1.5 to 3.5 kg/year between 2016 and 2020. At the same time, demand in the country is fully met by imports. In 2020, 30.5 thousand tons of sunflower oil worth $24.5 million were imported into the Federal Democratic Republic. “Turkey is already a leader in the purchase of Russian sunflower oil, and year by year the volume of exports to this country is increasing. Despite the fact that the domestic market of Nepal is small, we are interested in this country as a buyer of crude sunflower oil, which after refining is exported to India, and in the ...