In 2022, Russia experienced a significant increase in the production of sunflower, soybean, and rapeseed oil, with sunflower oil production rising by 14% to 5.9 million tons, soybean oil by 16.2% to 825.1 thousand tons, and rapeseed oil by 35.6% to 998.5 thousand tons. This increase is attributed to higher yields and expanded acreage. The gross harvest of main oilseeds also saw a 17% increase, reaching 29.1 million tons. Additionally, Russian oilseed exports grew by over 40% compared to 2021, with China, Belarus, and Kazakhstan as the main buyers. However, the export prices for sunflower oil have seen a decrease, dropping by 15% over the past two months, reaching their lowest level in 2.5 years. Furthermore, a surplus of sunflower residues has formed due to farmers restraining sales in the first half of the season, putting further pressure on prices.