If we compare the export/production ratio of the main products involved in the vegetable oils and proteins markets, we see that sunflower is traded mainly after processing: 55% of the oil volumes were exported in 2018/19, 38% of the meals, and only 5% of the harvested seeds.
Does sunflower oil affect biodiesel prices?
Sunflower oil is not directly involved in biodiesel, but most economists reach the conclusion that the emergence of biofuels made energy prices a driver of long-run agricultural price levels and that instability in energy markets is transferred to food markets ( Serra and Zilberman, 2013 ).
How many countries eat sunflower seed oil?
Sunflower seed Oil Domestic Consumption by Country in 1000?MnT in 2019. Source Index mundi/USDA. Exports/production ratio for oilseeds and products. 10 years vegetable oils prices evolutions. Sunflower meal balances for 14 main consuming countries.
Where is sunflower produced?
Sunflower is produced at large scale in a limited number of countries, and two thirds of the production are concentrated in Europe, including Ukraine and Russia and the Trakya region of Turkey. The other major producing countries are Argentina, China, United States, and the South-Eastern part of Africa (South Africa, Tanzania, Uganda, Zambia).