"MERCOSUR" region includes following countries:
Earlier Report Observations
The market volume for sunflower, safflower, or cottonseed oil in MERCOSUR showed considerable volatility from 2018 to 2023. After an initial increase to 1.3 million tons in 2019, consumption dipped in 2020 before surging to a peak of 1.5 million tons in 2021. This was followed by a sharp contraction to 1.0 million tons in 2022, largely due to a jump in export volumes which exceeded production growth. The market then recovered to 1.3 million tons in 2023, supported by a significant rise in domestic output.
Production levels fluctuated throughout the period, with a drop in 2020 followed by recovery in subsequent years. Export activity varied considerably, with high shipments in 2022 and 2023 absorbing a large portion of production. In 2023, international trade flows remained active, with key sales channels through Mexico pointing to sustained external demand for oils from the region. Import volumes remained relatively low, indicating that the market was primarily supplied by domestic production.
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, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 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 MERCOSUR
- 5.1.1. Annual dynamics of production in MERCOSUR in kind, 2018-2023, K t
-
5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K 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, K 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 MERCOSUR
-
6. Imports
-
6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
-
6.1.2. Imports in kind, K t
- 6.1.2.1. Annual dynamics of product's imports to Brazil in kind, 2018-2024, K t
- 6.1.2.2. Dynamics of product's imports in kind to Brazil by countries, 2018-2024, K t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
-
6.1.3. Imports in value, M $ US
- 6.1.3.1. Annual dynamics of product's imports to Brazil in value, 2018-2024, M $ US
- 6.1.3.2. Dynamics of product's imports in value to Brazil by countries, 2018-2024, M $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
-
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 Brazil, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Brazil by countries, 2018-2024, $ US/t
-
6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
-
6.2.2. Imports in kind, K t
- 6.2.2.1. Annual dynamics of product's imports to Brazil in kind, 2018-2024, K t
- 6.2.2.2. Dynamics of product's imports in kind to Brazil by countries, 2018-2024, K t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
-
6.2.3. Imports in value, M $ US
- 6.2.3.1. Annual dynamics of product's imports to Brazil in value, 2018-2024, M $ US
- 6.2.3.2. Dynamics of product's imports in value to Brazil by countries, 2018-2024, M $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
-
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 Brazil, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Brazil by countries, 2018-2024, $ 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, K t
- 7.1.2.1. Annual dynamics of product's exports from Brazil in kind, 2018-2024, K t
- 7.1.2.2. Dynamics of product's exports in kind from Brazil by countries, 2018-2024, K t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
-
7.1.3. Exports in value, M $ US
- 7.1.3.1. Annual dynamics of product's exports from Brazil in value, 2018-2024, M $ US
- 7.1.3.2. Dynamics of product's exports in value from Brazil by countries, 2018-2024, M $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
-
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 Brazil, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Brazil by countries, 2018-2024, $ US/t
-
7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
-
7.2.2. Exports in kind, K t
- 7.2.2.1. Annual dynamics of product's exports from Brazil in kind, 2018-2024, K t
- 7.2.2.2. Dynamics of product's exports in kind from Brazil by countries, 2018-2024, K t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
-
7.2.3. Exports in value, M $ US
- 7.2.3.1. Annual dynamics of product's exports from Brazil in value, 2018-2024, M $ US
- 7.2.3.2. Dynamics of product's exports in value from Brazil by countries, 2018-2024, M $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
-
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 Brazil, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Brazil by countries, 2018-2024, $ US/t
-
7.1. Exports (Direct Data)
-
8. Trade balance
-
8.1. Trade balance (Direct Data)
- 8.1.1. In kind, K t
- 8.1.2. In value, M $ US
-
8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, K t
- 8.2.2. In value, M $ US
-
8.1. Trade balance (Direct Data)
-
9. Top buying and selling countries, 2018-2024
-
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, safflower or cottonseed oil and fractions in MERCOSUR
In kind, 2017-2020, K t
Top producers of sunflower, safflower or cottonseed oil and fractions, 2017-2020
World map of production of sunflower, safflower or cottonseed oil and fractions, 2017-2020
MERCOSUR's production of sunflower, safflower, or cottonseed oil and fractions declined after two years of growth. In 2019, output peaked at 1 800 K t, marking an 8.2% increase. However, by 2020, production fell to 1 418 K t, a significant year-on-year drop of 21.2%. Over the 2017-2020 period, overall production decreased by 9%, with a compound annual growth rate of 3.1%.
Annual dynamics of production in MERCOSUR in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 6.7% | 8.2% | (21.2%) | (3.1%) |
In value, 2017-2020, M $ US
Following two years of expansion, the production value of sunflower, safflower, or cottonseed oil and fractions in MERCOSUR declined. In 2018, the largest increase was recorded at 9.3%. The peak value occurred in 2019, reaching 1 390 M $ US. By 2020, output dropped to 1 205 M $ US, down 13.3% from the previous year. From 2017 to 2020, production value decreased by 4.6%, equating to an annualized rate of 1.6%.
Annual dynamics of production in MERCOSUR in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 9.3% | 0.6% | (13.3%) | (1.6%) |
Exports sunflower, safflower or cottonseed oil and fractions from MERCOSUR
Exports in kind, K t
MERCOSUR's exports of sunflower, safflower, or cottonseed oil and fractions declined for the third consecutive year. In 2020, export volumes fell to 388.5 K t, a 30.5% decrease from the previous year. Over the 2017-2020 period, exports dropped by 49%, with a compound annual growth rate of 20.1%.
Annual dynamics of product's exports from MERCOSUR in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (26.3%) | (0.4%) | (30.5%) | (20.1%) |
From 2017 to 2020, MERCOSUR supplied sunflower, safflower, or cottonseed oil and fractions to a diverse range of markets. The top destinations—India, Chile, and Mexico—collectively accounted for only 48.8% of total export volumes.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from MERCOSUR in kind, 2017-2020
Exports in value, M $ US
MERCOSUR's export value of sunflower, safflower, or cottonseed oil and fractions declined for the third year in a row. In 2020, exports totaled 330.1 M $ US, a 23.6% decrease compared to the previous year. Between 2017 and 2020, export value fell by 46.5%, with a compound annual growth rate of 18.8%.
Annual dynamics of product's exports from MERCOSUR in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (24.4%) | (7.4%) | (23.6%) | (18.8%) |
During 2017–2020, MERCOSUR exported sunflower, safflower, or cottonseed oil and fractions to numerous markets. The leading destinations—Chile, India, and Mexico—together represented just 49.5% of total export value.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from MERCOSUR in value, 2017-2020
Imports sunflower, safflower or cottonseed oil and fractions to MERCOSUR
Imports in kind, K t
MERCOSUR's import volumes of sunflower, safflower, or cottonseed oil and fractions showed notable fluctuations from 2017 to 2020. In 2019, imports hit a low of 38.4 K t, marking the largest decline of 40.1%. By 2020, volumes surged to 90.6 K t, a 136.0% increase from the previous year, representing a 2.4-fold shift from the 2019 minimum.
Annual dynamics of product's imports to MERCOSUR in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (10.9%) | (40.1%) | 136.0% | 8.0% |
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to MERCOSUR in kind, 2017-2020
Imports in value, M $ US
MERCOSUR's import value of sunflower, safflower, or cottonseed oil and fractions increased for the second consecutive year. In 2018, the value reached a low of 68.4 M $ US, with the largest decline of 7.0%. By 2020, imports rose to 92.0 M $ US, up 20.3% from the previous year. Over the 2017-2020 period, import value grew by 25.1%, with a compound annual growth rate of 7.8%.
Annual dynamics of product's imports to MERCOSUR in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (7.0%) | 11.8% | 20.3% | 7.8% |
From 2017 to 2020, Belgium was the leading supplier of sunflower, safflower, or cottonseed oil and fractions to MERCOSUR, accounting for 0.7% of total import flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to MERCOSUR in value, 2017-2020
Related Reports
Corn oil and fractions market in MERCOSUR
2026-03-28
Beef, sheep or goat fat market in MERCOSUR
2026-03-28
Palm oil and fractions market in MERCOSUR
2026-03-28
Castor oil and fractions market in MERCOSUR
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.