The war in Ukraine advances and sunflower oil 'disappears'

Published 2022년 5월 5일

Tridge summary

The article highlights the impact of the Ukraine conflict and the pandemic on the global food supply and prices of essential items like cooking oil. Ukraine, being the largest exporter of sunflower oil, the disruption in harvests has led to limited supplies and a surge in prices. This has resulted in supermarkets imposing purchase limits in countries like the UK, Spain, Greece, and Turkey. The rise in prices has led businesses to seek alternative oils, with some replacing sunflower oil with rapeseed oil, leading to labeling issues. The situation is severe, with concerns about the availability of sunflower oil in the UK and businesses modifying recipes with other oils.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

First the coronavirus, then the war. Just as the pandemic caused shortages of essential items, Russia's invasion of Ukraine has disrupted important food supplies, causing prices of staples like cooking oil to rise in supermarkets around the world. Before the war, Ukraine was the largest exporter of sunflower oil in the world. Now, the conflict has halted harvests and left many countries with limited supplies of edible oil at sky-high prices, deepening the food crisis in East Africa and leading to export restrictions in Indonesia. Some consumers, most recently in the UK, are having to limit their purchases of cooking oils as supermarkets and restaurants adjust to rising costs. “Supply chains, already disrupted by COVID-19, have been further affected by the war in Ukraine, causing shortages of some ingredients such as sunflower oil and driving up the price of substitute ingredients,” said Kate Halliwell, chief science officer for the Food and Drink Federation, which represents the ...

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.