Market research

Sunflower or safflower oil and fractions market in Spain

$Sunflower or safflower oil and fractions market in Spain$

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

Between 2018 and 2021, the Spanish market for sunflower and safflower oil showed notable fluctuations. Market volume grew from 1 378 thousand tons in 2018 to a peak of 1 447 thousand tons in 2019, then contracted to 1 303 thousand tons in 2020 before rebounding to 1 437 thousand tons in 2021.

The market experienced a severe contraction in 2022, with volume plummeting to 894 thousand tons. This was primarily caused by the war in Ukraine, which disrupted sunflower oil imports and supply chains. Spain's heavy reliance on imports from Ukraine and Russia, which accounted for a significant share of supply, led to shortages and prompted the government to introduce exceptional labeling measures to facilitate the use of substitute oils and ensure product availability.

Market volume recovered to 1 011 thousand tons in 2023, driven by a consumer shift toward sunflower oil as rising olive oil prices made it a more affordable alternative. High-oleic sunflower varieties also gained ground. In 2024, new quality regulations for edible vegetable oils came into force, modernizing production standards, expanding the permitted raw materials, and introducing clearer labeling rules to enhance the industry's competitiveness.

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. 4.1.2. In value
    1. 4.1.2.1. Production, 2018-2021
    2. 4.1.2.2. Imports, 2018-2024
    3. 4.1.2.3. Exports, 2018-2024
    4. 4.1.2.4. Market size, 2018-2021
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Spain
  1. 5.1.1. In kind, 2018-2023, K t
  2. 5.1.2. In value, 2018-2021, M $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In kind, 2018-2024, K t
  2. 5.2.2. In value, 2018-2024, M $ US
3. 5.3. Global production by Country, 2018-2023
  1. 5.3.1. Global Production by Country in kind
    1. 5.3.1.1. Annual dynamics of production by country in kind, 2018-2023, K t
    2. 5.3.1.2. Structure of production by countries in kind, 2018-2023
    3. 5.3.1.3. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, K t
    1. 6.1.2.1. Annual dynamics of product's exports from Spain in kind, 2018-2024, K t
    2. 6.1.2.2. Dynamics of product's exports in kind from Spain by countries, 2018-2024, K t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Spain in value, 2018-2024, M $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Spain by countries, 2018-2024, M $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Spain, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Spain by countries, 2018-2024, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, K t
    1. 6.2.2.1. Annual dynamics of product's exports from Spain in kind, 2018-2024, K t
    2. 6.2.2.2. Dynamics of product's exports in kind from Spain by countries, 2018-2024, K t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Spain in value, 2018-2024, M $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Spain by countries, 2018-2024, M $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Spain, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Spain by countries, 2018-2024, $ US/t
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, K t
    1. 7.1.2.1. Annual dynamics of product's imports to Spain in kind, 2018-2024, K t
    2. 7.1.2.2. Dynamics of product's imports in kind to Spain by countries, 2018-2024, K t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Spain in value, 2018-2024, M $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Spain by countries, 2018-2024, M $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Spain, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Spain by countries, 2018-2024, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, K t
    1. 7.2.2.1. Annual dynamics of product's imports to Spain in kind, 2018-2024, K t
    2. 7.2.2.2. Dynamics of product's imports in kind to Spain by countries, 2018-2024, K t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Spain in value, 2018-2024, M $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Spain by countries, 2018-2024, M $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Spain, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Spain 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 Spain

In value, 2017-2020, M $ US

Spain's production of sunflower or safflower oil and fractions has declined for the third consecutive year. In 2020, output was valued at 901 million US dollars, marking a 4.6% drop compared to 2019. Over the period from 2017 to 2020, production decreased by 13.6%, with an average annual decline of 4.8%.

Annual dynamics of production in Spain in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(1.2%)	(8.3%)	(4.6%)	(4.8%)

Source: SHEV.io

In kind, 2017-2020, K t

From 2017 to 2020, Spain ranked as the world's fifth-largest producer of sunflower or safflower oil and fractions.

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

After a two-year increase, Spain's production of sunflower or safflower oil and fractions declined. In 2020, 920 thousand tonnes were produced, which is 15.2% lower than in 2019. Between 2017 and 2020, production decreased by 14.2%, equating to an average annual decline of 5.0%. The highest production volume was recorded in 2019 at 1 085 thousand tonnes, with the largest annual increase of 0.8% also occurring that year.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	0.3%	0.8%	(15.2%)	(5.0%)

Source: SHEV.io

Exports sunflower or safflower oil and fractions from Spain

Exports in kind, K t

In 2020, Spain's exports of sunflower or safflower oil and fractions amounted to 222.9 thousand tonnes, representing a gradual reduction of 5.0% compared to 2019. Between 2017 and 2020, exports decreased by 5.2%, with an average annual decline of 1.8%. The largest increase was recorded in 2019 at 3.3%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(3.4%)	3.3%	(5.0%)	(1.8%)

Source: SHEV.io

From 2017 to 2020, Portugal (23.3% of exports in volume), France (22.2%), and South Africa (7.3%) remained the top buyers of sunflower or safflower oil and fractions from Spain, jointly accounting for 52.8% of total exports in volume.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, M $ US

Spain's exports of sunflower or safflower oil and fractions have increased for the second consecutive year. In 2020, exports were valued at 252.1 million US dollars, up by 6.6% compared to 2019. Between 2017 and 2020, exports increased by 6.2%, with an average annual growth rate of 2.0%. The lowest value was recorded in 2018 at 233.4 million US dollars, with the largest decline of 1.7% also occurring that year.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(1.7%)	1.3%	6.6%	2.0%

Source: SHEV.io

Over the period from 2017 to 2020, Portugal (22.4% of exports in value), France (22.3%), and South Africa (6.1%) together absorbed 50.8% of Spain's total exports in value for sunflower or safflower oil and fractions, making them the main destinations.

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

Source: SHEV.io

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

Source: SHEV.io

Imports sunflower or safflower oil and fractions to Spain

Imports in kind, K t

Spain's imports of sunflower or safflower oil and fractions have increased for the second consecutive year. In 2020, imports totalled 605.7 thousand tonnes, equivalent to a 1.4% uptick compared to 2019. Over the period from 2017 to 2020, imports decreased by 22.5%, with an average annual decline of 8.2%. The lowest volume was recorded in 2018 at 528.6 thousand tonnes, with the largest decline of 32.4% also occurring that year. The largest increase was recorded in 2019 at 13.0%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(32.4%)	13.0%	1.4%	(8.2%)

Source: SHEV.io

From 2017 to 2020, Ukraine (68.9% of imports in volume), France (6.1%), and Moldova (5.3%) formed the main group of sources for Spain's imports of sunflower or safflower oil and fractions, with a combined share of 80.3% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, M $ US

Spain's imports of sunflower or safflower oil and fractions have increased for the second consecutive year. In 2020, imports were valued at 521.7 million US dollars, which is 10.7% higher than in 2019. Between 2017 and 2020, imports decreased by 19.5%, with an average annual decline of 7.0%. The lowest value was recorded in 2018 at 430.2 million US dollars, with the largest decline of 33.6% also occurring that year.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(33.6%)	9.5%	10.7%	(7.0%)

Source: SHEV.io

Throughout 2017 to 2020, Ukraine (67.0% of imports in value), France (6.9%), and Moldova (5.0%) formed the core of Spain's imports in value for sunflower or safflower oil and fractions, together accounting for 78.9% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io