• How much sunflower is produced in Argentina?
  • Argentina¡¯s total sunflower production in grain, meal, and oil has been around 10% of global sunflower production for the business years 2010 to 2013. In spite of a strong domestic consumption (12.3 liters/inhabitant), global trade fluctuates around 14% in meal, 16.2% in oil, and a low 4.4% in untransformed sunflower seed ( USDA, 2013 ).
  • Is sunflower a export oriented business in Argentina?
  • In Argentina, sunflower is an export-oriented business; sunflower products are primarily shipped as oil and flour, and to a lesser extent seed is also exported. Given that 60% of the oil produced is exported in a normal season and that flour has a low relative value, over 80% of sunflower value is explained by the international value of its oil.
  • Why is sunflower oil so popular in Argentina?
  • This is due to the fact that a high level of stocks remained available for processing during the current year because of the low volume industrialized during the previous crop. Argentina is a major player in the world market of sunflower oil, positioning itself as the 4th biggest producer and the 4th main exporter.
  • Can Argentina become a competitive sunflower oil supplier?
  • Argentina¡¯s Sunflower Oil production has great potential for high-value exports, so the country has increased its harvested area for MY 2022/2023, raising the question of whether Argentina can become a competitive Sunseed Oil supplier against Russia and Ukraine, the leading Sunflower Oil exporters. Sunflower Oil Supply was very tight in 2022.
  • Will sunflower seeds grow in Argentina in 2022?
  • Therefore, Argentina increased the Sunflower harvested area by 400 kha in 2022 YoY, and the USDA estimates that production will increase by 0.58 Mmt YoY and exceed domestic consumption by 0.5 Mmt in MY 2022/2023. Consequently, crushed Sunflower seeds will increase by 0.1 Mmt YoY.
  • Why is sunflower oil so expensive in Argentina?
  • Much like Soybean, Argentina¡¯s production of Sunflower Oil and Meal represents 92% of Sunseeds, as it has more value added. In 2021, inflation peaked in Argentina and reached its highest rates, resulting in higher food prices, including Sunflower Oil. This led Sunflower Oil FOB prices to reach USD 1843/mt.