Earlier Report Observations
The Australian market for sunflower and safflower oil expanded from 68 723 tonnes in 2018 to a peak of 85 526 tonnes in 2020. This growth was supported by a consistent rise in domestic production, which increased from 8 260 tonnes to 10 180 tonnes, and by growing imports, which reached 76 531 tonnes in 2020.
After 2020, market volume contracted to 72 041 tonnes in 2021 as imports fell sharply to 60 256 tonnes. A partial recovery followed in 2022, lifting the market to 78 581 tonnes, but a steep decline in imports to 40 707 tonnes drove the volume down to 55 746 tonnes in 2023.
Australia's position as a major global producer of safflower oil provided a foundation for domestic output throughout the period. Concurrently, significant volatility in export prices for cottonseed oil, a competing vegetable oil, introduced an element of uncertainty into the broader oils market.
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
-
4.1. Key Market Indicators
-
4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2025
- 4.1.1.3. Exports, 2018-2025
- 4.1.1.4. Market size, 2018-2023
-
4.1.1. In kind
- 4.2. Market Trends and Factors
-
4.1. Key Market Indicators
-
5. Production
-
5.1. Production in Australia
- 5.1.1. Annual dynamics of production in Australia in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Australia in value, 2018-2023, $ US
-
5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
-
5.1. Production in Australia
-
6. Imports
-
6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
-
6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Australia in kind, 2018-2025, t
- 6.1.2.2. Dynamics of product's imports in kind to Australia by countries, 2018-2025, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2025
-
6.1.3. Imports in value, M $ US
- 6.1.3.1. Annual dynamics of product's imports to Australia in value, 2018-2025, M $ US
- 6.1.3.2. Dynamics of product's imports in value to Australia by countries, 2018-2025, M $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2025
-
6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Australia, 2018-2025, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Australia by countries, 2018-2025, $ US/t
-
6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
-
6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Australia in kind, 2018-2025, t
- 6.2.2.2. Dynamics of product's imports in kind to Australia by countries, 2018-2025, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2025
-
6.2.3. Imports in value, M $ US
- 6.2.3.1. Annual dynamics of product's imports to Australia in value, 2018-2025, M $ US
- 6.2.3.2. Dynamics of product's imports in value to Australia by countries, 2018-2025, M $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2025
-
6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Australia, 2018-2025, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Australia by countries, 2018-2025, $ US/t
-
6.1. Imports (Direct Data)
-
7. Exports
-
7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
-
7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Australia in kind, 2018-2025, t
- 7.1.2.2. Dynamics of product's exports in kind from Australia by countries, 2018-2025, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2025
-
7.1.3. Exports in value, M $ US
- 7.1.3.1. Annual dynamics of product's exports from Australia in value, 2018-2025, M $ US
- 7.1.3.2. Dynamics of product's exports in value from Australia by countries, 2018-2025, M $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2025
-
7.1.4. Average price of product's exports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's exports from Australia, 2018-2025, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Australia by countries, 2018-2025, $ US/t
-
7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
-
7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Australia in kind, 2018-2025, t
- 7.2.2.2. Dynamics of product's exports in kind from Australia by countries, 2018-2025, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2025
-
7.2.3. Exports in value, M $ US
- 7.2.3.1. Annual dynamics of product's exports from Australia in value, 2018-2025, M $ US
- 7.2.3.2. Dynamics of product's exports in value from Australia by countries, 2018-2025, M $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2025
-
7.2.4. Average price of product's exports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's exports from Australia, 2018-2025, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Australia by countries, 2018-2025, $ US/t
-
7.1. Exports (Direct Data)
-
8. Trade balance
-
8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, M $ US
-
8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, M $ US
-
8.1. Trade balance (Direct Data)
-
9. Top buying and selling countries, 2018-2025
-
9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
-
9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
-
9.1. Direct Data
Production sunflower or safflower oil and fractions in Australia
In kind, 2018-2021, t
Top producers of sunflower or safflower oil and fractions, 2018-2021
World map of production of sunflower or safflower oil and fractions, 2018-2021
Australia's production of sunflower or safflower oil and fractions has increased for the third consecutive year. In 2021, the country produced 12 386 tonnes, marking a 21.7% rise compared to the previous year. Over the period from 2018 to 2021, production grew by 50%, with a compound annual growth rate of 14.5%.
Annual dynamics of production in Australia in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 6.6% | 15.6% | 21.7% | 14.5% |
In value, 2018-2021, K $ US
Australia's production of sunflower or safflower oil and fractions has increased for the second consecutive year. In 2021, the output was valued at 22 952 thousand US dollars, representing a significant 47.7% year-on-year gain. From 2018 to 2021, production rose by 47.2%, with a compound annual growth rate of 13.8%. The lowest value was recorded in 2019 at 13 538 thousand US dollars, which also saw the largest decline of 13.2%.
Annual dynamics of production in Australia in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (13.2%) | 14.8% | 47.7% | 13.8% |
Exports sunflower or safflower oil and fractions from Australia
Exports in kind, t
The market exhibited volatility during these years. Exports reached their peak in 2019 at 1 725 tonnes and fell to their lowest point in 2021 at 601 tonnes, representing a 2.9-fold decrease. In 2021, cross-border shipments declined by 49.3% compared to the previous year. The largest increase was recorded in 2019, with a jump of 127.5%.
Annual dynamics of product's exports from Australia in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 127.5% | (31.3%) | (49.3%) | (7.5%) |
From 2018 to 2021, the three largest markets for exports in kind were New Zealand, Singapore, and the Philippines, which together accounted for 84.5% of total flows.
Structure of product's exports in kind by countries, 2018-2021
World map of product's exports from Australia in kind, 2018-2021
Exports in value, K $ US
The data shows irregular changes, indicating a volatile market environment. Export values peaked in 2019 at 2 653 thousand US dollars and dropped to a minimum in 2021 at 1 113 thousand US dollars, a 2.4-fold shift. In 2021, exported volumes decreased by 38.5% compared to the previous year. The largest increase occurred in 2019, with an 85.4% rise.
Annual dynamics of product's exports from Australia in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 85.4% | (31.8%) | (38.5%) | (8.0%) |
Throughout 2018–2021, New Zealand (56.6% of exports in value terms), the Philippines (12.0%), and Singapore (10.5%) remained the key destinations for exports in value terms, together accounting for 79.1% of total flows.
Structure of product's exports in value by countries, 2018-2021
World map of product's exports from Australia in value, 2018-2021
Imports sunflower or safflower oil and fractions to Australia
Imports in kind, t
After a two-year increase, imports of sunflower or safflower oil and fractions into Australia declined. In 2021, imports totaled 60 256 tonnes, showing a strong decrease of 21.3% compared to the previous year. The maximum value was recorded in 2020 at 76 531 tonnes, which also saw the largest increase of 12.4%.
Annual dynamics of product's imports to Australia in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 11.2% | 12.4% | (21.3%) | (0.5%) |
From 2018 to 2021, Argentina (32.4% of imports in kind), Ukraine (31.3%), and Malaysia (28.6%) consistently remained the main sources for imports in kind, together accounting for 92.2% of total flows.
Structure of product's imports in kind by countries, 2018-2021
World map of product's imports to Australia in kind, 2018-2021
Imports in value, K $ US
Australia's imports of sunflower or safflower oil and fractions have increased for the third consecutive year. In 2021, imports were valued at 90 923 thousand US dollars, up by 8.8% compared to 2020. Between 2018 and 2021, imports grew by 42.7%, equating to an annualized rate of 12.6%.
Annual dynamics of product's imports to Australia in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 13.9% | 15.2% | 8.8% | 12.6% |
Throughout 2018–2021, Malaysia (31.2% of imports in value terms), Argentina (30.2%), and Ukraine (29.7%) formed the core of imports in value terms, together taking 91.1% of total flows.
Structure of product's imports in value by countries, 2018-2021
World map of product's imports to Australia in value, 2018-2021
Related Reports
Non-vegetable waxes market in Australia
2026-03-28
Sesame oil and fractions market in Australia
2026-03-28
Lard and poultry fats market in Australia
2026-03-28
Why Choose Us?
Only Verified Data
No Hidden Costs or Separate Fees
Smarter Subscription Pricing
Contact Our Team
Submit your inquiry using the form below — our team will get back to you within 24 hours.