Sunflower oil is an integral part of Russian culinary culture. According to the Russian Union of Oils and Fats, the share of sunflower oil among all vegetable oils ranks first, reaching 75%. The country's sunflower oil production has nearly doubled and a half in five years and will reach 6.8 million tonnes by 2022. However, the consumption of sunflower oil in Russia is only 2.3 million tons, which means that most of the products produced are exported abroad. In 2023, Russian vegetable oil exports exceeded 6.5 million tons. Among them, sunflower oil exports were 4.29 million tons, accounting for more than 65% of the total exports. 
A characteristic of the sunflower oil market is independence. It is concentrated in a few countries. The four largest producers, Russia, Ukraine, the European Union and Argentina, control 82% of sunflower oil production. The four major importers – the European Union, India, Turkey and China – consume 61% of exports. This concentration in multiple countries makes the sunflower oil market vulnerable to shocks and negative news from major producing countries. Any change in these regions could lead to a significant change in the balance of supply and demand in the global market. The sunflower oil market is dominated by Ukrainian and Russian production, and Ukraine continues to maintain its leading position in 2022 and 2023, exporting 35% of the world's sunflower oil. Ukraine will maintain its position in global sunflower oil exports, with a projected share of 37% in MY 2023 MY 24. Experts ** Ukraine's sunflower oil production could reach 6 million tons, which highlights the country's huge potential in the global market. In addition to Ukraine and Russia, countries such as Argentina, Turkey, and France also produce small amounts of sunflower oil. However, Ukraine and Russia continue to lead the way with high-quality products and competitive **. According to the latest Russian data, the leader in the production of sunflower oil in Russia is the ** Federal District, which accounts for 33 percent of the total production in Russia8%。The second production area is the Southern Federal District, which accounts for 2907%, and the third production region is the Volga Federal District, which accounts for 28 percent of the total production9%。Among the largest producers of sunflower oil in Russia, the following companies stand out: Yug Rusi, Aston. In the fall of 2022, 50% of sunflower oil exports** were produced by them. These three companies not only occupy a leading position in the domestic and foreign markets, but also help to strengthen the position of Russian sunflower oil on the world stage. In order to consolidate Russia's position in the global sunflower oil market, the implementation of zero tariffs on sunflower oil, Russian oil sunflower production is also gradually increasing, and now sunflower oil ** is at a low level, do you think Russian oil sunflower can continue to produce high? Can Russian sunflower oil gain a foothold in the world market? Sino-Russian grain and oil network.
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