Business news from Ukraine

Business news from Ukraine

Exports of high oleic sunflower oil from Ukraine decreased to lowest level in seven seasons

21 February , 2025  

The exports of high-oleic sunflower oil from Ukraine in 2024-2025 marketing year continue to decline, which is typical for the sector for the fifth consecutive season, APK-Inform news agency reported.

“In September-December of the current season, the country shipped only 57 thsd tonnes of the oil to the foreign markets, which is 52% down from the same period last season and the lowest in the last seven seasons,” the analysts said.

Moreover, the share of high oleic oil in the total exports of sunflower oil in 2024/25 MY decreased to 3%, compared to 5-8% in the previous several seasons.

“The main reasons for the decline in the supply of high oleic sunflower oil are the decrease in the production of high oleic sunflower last year and the restraint of the oilseed sales by the farmers due to the significant increase in the price of the classic hybrids of the crop and the record premiums for high oleic sunflower from the Ukrainian processors,” the experts explained.

Thus, given the available stocks of HO sunflower oil among farmers and the likely more active sales of this crop in the spring in the second half of the current season, the volumes of processing and, accordingly, exports of HO oil may increase.

According to the analysts, the potential of exports of HO sunflower oil in the season-2024/25 is about 220-240 thsd tonnes against 289 thsd tonnes in the previous season and may be the lowest in many years.

At the same time, the increase in the price of sunflower oil in the current season and high-oleic oil in particular, as well as the growth of the premium for rapeseed oil on the world market may be the additional factors of the slowdown, APK-Inform forecasts.

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