Market research

Sunflower or safflower oil and fractions market in Asia

$Sunflower or safflower oil and fractions market in Asia$

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

Report language:

Report language:

Submission method: to your account

File format: docx, xlsx

Single Report

$500

Instant access to detailed data on one specific market
Ideal for one-off tasks: niche assessments, presentations, investment decisions
Available in Excel and Word in 15 minutes after purchase
Cheaper than subscription, but each market requires a separate purchase

Best if you know exactly what you need

Buy a single report

Platform Subscription

from$600

Complete and unlimited data access across products and regions
Includes continuous data updates during subscription period
Download reports instantly in Word, and Excel formats
More cost-effective for multiple markets or regular analysis

Ideal for regular data users

View pricing plans

"Asia" region includes following countries:

China

Hong Kong

Japan

North Korea

South Korea

Macao

Mongolia

Afghanistan

Bangladesh

Bhutan

Sri Lanka

India

Iran

Maldives

Nepal

Pakistan

Brunei Darussalam

Myanmar

Cambodia

Indonesia

Laos

Malaysia

the Philippines

Timor-Leste

Singapore

Vietnam

Thailand

Kazakhstan

Kyrgyzstan

Tajikistan

Turkmenistan

Uzbekistan

Azerbaijan

Armenia

Bahrain

Cyprus

Georgia

Palestine

Iraq

Israel

Jordan

Kuwait

Lebanon

Oman

Qatar

Saudi Arabia

Syria

Turkey

the United Arab Emirates

Yemen

Earlier Report Observations

The market volume for sunflower or safflower oil and fractions in Asia increased steadily from 5 235 thousand tons in 2018 to 6 951 thousand tons in 2020.

After peaking in 2020, the market contracted to 6 054 thousand tons in 2021 and further to 5 754 thousand tons in 2022, before a modest rebound to 5 837 thousand tons in 2023.

In 2024, India's increase in import duty on sunflower oil by 20 percentage points affected market access, while global supply chain disruptions from the war in Ukraine continued to influence availability and prices.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Asia
  1. 5.1.1. Annual dynamics of production in Asia in kind, 2018-2023, K t
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data*)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, K t
    1. 6.1.2.1. Annual dynamics of product's imports to China in kind, 2018-2024, K t
    2. 6.1.2.2. Dynamics of product's imports in kind to China by countries, 2018-2024, K t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's imports to China in value, 2018-2024, M $ US
    2. 6.1.3.2. Dynamics of product's imports in value to China by countries, 2018-2024, M $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to China, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to China by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, K t
    1. 6.2.2.1. Annual dynamics of product's imports to China in kind, 2018-2024, K t
    2. 6.2.2.2. Dynamics of product's imports in kind to China by countries, 2018-2024, K t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's imports to China in value, 2018-2024, M $ US
    2. 6.2.3.2. Dynamics of product's imports in value to China by countries, 2018-2024, M $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to China, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to China by countries, 2018-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data*)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, K t
    1. 7.1.2.1. Annual dynamics of product's exports from China in kind, 2018-2024, K t
    2. 7.1.2.2. Dynamics of product's exports in kind from China by countries, 2018-2024, K t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's exports from China in value, 2018-2024, M $ US
    2. 7.1.3.2. Dynamics of product's exports in value from China by countries, 2018-2024, M $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from China, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from China by countries, 2018-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, K t
    1. 7.2.2.1. Annual dynamics of product's exports from China in kind, 2018-2024, K t
    2. 7.2.2.2. Dynamics of product's exports in kind from China by countries, 2018-2024, K t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's exports from China in value, 2018-2024, M $ US
    2. 7.2.3.2. Dynamics of product's exports in value from China by countries, 2018-2024, M $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from China, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from China by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K t
  2. 8.1.2. In value, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K t
  2. 8.2.2. In value, M $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production sunflower or safflower oil and fractions in Asia

In kind, 2017-2020, K t

Top producers of sunflower or safflower oil and fractions, 2017-2020

Source: SHEV.io

World map of production of sunflower or safflower oil and fractions, 2017-2020

Source: SHEV.io

Asia's production of sunflower or safflower oil and fractions has grown for the third year in a row. In 2020, the region produced 2 123 K t, marking a modest increase of 2.5% compared to 2019. Looking at the period from 2017 to 2020, production rose by 16.1%, which translates to an average annual growth rate of 5.1%.

Annual dynamics of production in Asia in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	3.5%	9.6%	2.5%	5.1%

Source: SHEV.io

Exports sunflower or safflower oil and fractions from Asia

Exports in kind, K t

The market showed an unstable trend over the observed period. Volumes hit their lowest point in 2018 at 258 K t, then surged to a peak of 870 K t in 2020, representing a 3.4-fold increase. In 2020, cross-border shipments of sunflower or safflower oil and fractions from Asia reached 870 K t, up sharply by 122.4% from 2019. The largest decline occurred in 2018, with a drop of 63.7%.

Annual dynamics of product's exports from Asia in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(63.7%)	51.5%	122.4%	6.9%

Source: SHEV.io

From 2017 to 2020, the geographical structure of exports in kind was highly diversified. Djibouti accounted for 10.5% of exports, Libya for 3.0%, and Somalia for 2.2%, together making up just 15.7% of total flows. The remaining 84.3% was spread across numerous smaller partner countries.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Asia in kind, 2017-2020

Source: SHEV.io

Exports in value, M $ US

Foreign supplies of sunflower or safflower oil and fractions from Asia have increased for the second consecutive year. In 2020, exports amounted to 1 090 M $ US, showing a sharp rise of 44.4% compared to the previous year. Over the 2017-2020 period, exports grew by 27.9%, with a compound annual growth rate of 8.6%. The lowest value was recorded in 2018 at 718 M $ US, and the largest decline that year was 15.7%.

Annual dynamics of product's exports from Asia in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(15.7%)	5.1%	44.4%	8.6%

Source: SHEV.io

Between 2017 and 2020, Djibouti was the largest buyer with 10.0% of exports in value terms, followed by Libya at 3.1% and Australia at 2.8%. However, even combined, these three countries represented only 15.9% of total exports, indicating a broadly diversified partner base for sunflower or safflower oil and fractions from Asia.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Asia in value, 2017-2020

Source: SHEV.io

Imports sunflower or safflower oil and fractions to Asia

Imports in kind, K t

Cross-border shipments of sunflower or safflower oil and fractions to Asia have increased for the third consecutive year. In 2020, Asia imported 5 698 K t, which is 23.5% higher than the previous year. From 2017 to 2020, imports grew by 71.5%, equating to an annualized rate of 19.7%.

Annual dynamics of product's imports to Asia in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	8.4%	28.1%	23.5%	19.7%

Source: SHEV.io

From 2017 to 2020, the main sources for imports in kind of sunflower or safflower oil and fractions to Asia were Ukraine with 37.2% of imports, Russia with 35.5%, and Argentina with 2.6%. Together, these three countries accounted for 75.2% of total flows.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Asia in kind, 2017-2020

Source: SHEV.io

Imports in value, M $ US

Sunflower or safflower oil and fractions shipments to Asia from abroad have increased for the second consecutive year. In 2020, Asia imported 5 030 M $ US, up 33.9% compared to the previous year. Between 2017 and 2020, imports rose by 44%, with an annualized rate of 12.9%. The minimum value was recorded in 2018 at 3 267 M $ US, and the largest decline that year was 6.5%.

Annual dynamics of product's imports to Asia in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(6.5%)	15.0%	33.9%	12.9%

Source: SHEV.io

In the 2017-2020 period, the leading destinations for imports in value terms of sunflower or safflower oil and fractions to Asia were Russia with 35.4% of imports, Ukraine with 34.5%, and Argentina with 2.4%. Collectively, these three accounted for 72.3% of total flows.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Asia in value, 2017-2020

Source: SHEV.io