Current market situation
Ukraine continues to hold leading positions in the global sunflower oil market. However, in the 2024/2025 marketing year, exports decreased by 24% compared to the same period last season, to 2.4 million tons. This is the lowest figure in the previous eight years.
Production and processing
In 2025, sunflower production is forecast to decrease by 4% compared to the previous year, to 11.5 million tons. This may affect the volumes of oil processing and export. At the same time, processing enterprises continue to modernise production, introducing the latest technologies to increase efficiency.
Export geography
The main importers of Ukrainian sunflower oil remain the countries of the European Union, India, China and the Middle East. In particular, India became the main importer of Ukrainian oil for the first time in the last three years, purchasing 417 thousand tons.
Price forecasts
The average export price for sunflower oil at the beginning of 2025 was $1,110–$1,115 per ton. It is expected to increase due to decreased world stocks, low margins of alternative oils (palm, soybean), and high market volatility.
