The sunflower oil market around the world
A closer look at the vegetable oil market and more specifically the sunflower oil market shows that the EU-27 was the second largest importer of sunflower oil during the 2009/10 season (Oct-Sep), albeit the EU-27 being ranked as the largest producer of sunflower oil in the 2009/10 season. This indicates that the sunflower oil consumption exceeds the sunflower oil production in the EU-27. According to the USDA (2011b), the EU-27 has the largest domestic consumption of sunflower oil in the world of 3?402 thousand metric tons in 2009/10.
The main market segments for vegetable oils and fats in the United Kingdom are the traditional food markets and the bio diesel sector. Sunflower oil accounted for 23 % of the UK’s total industrial demand in 2007 (CBI, 2009). The demand for biofuels plays a large role in the market for vegetable oils and fats. Between 2005 and 2007, global biodiesel production increased from 4.5 to 11.5 billion litres and in 2008 world production jumped even more to 16.3 litres (European Commission, 2009). The EU is the most important player in the biodiesel sector, with a share of 50 % of global production, corresponding to roughly 8 billion litres, and 66 % on consumption in 2008.
The economic downturn benefited many product areas in nutrition/staples, due to consumers increasingly opting for home-cooked food. This benefited products used for cooking evening meals, such as pasta, rice, vegetables and cooking oil. The oils and fats consumption in the UK has shown a strong increasing trend over the past few years and it is projected to continue in the future.
Leave a message
If you wanna to get more details about The sunflower oil market around the world, you can send E-mail to firstname.lastname@example.org . Or you can consult our professional engineers and specialized sales team by leaving a message in below form. We will contact you ASAP. You also can visit our factory in Henan, China.
- Engineers go to factory for negotiating the delivery matter of 60tpd edible oil refinery plant project in Pakistan
- Ethiopian customer came to see sunflower oil refinery machine
- How to set up a cooking oil refinery plant with small budget?
- 100TPD continuous palm oil physical refining process technical training
- 5tpd palm oil refinery and fractionation plant in Nigeria project is installing
- Edible oil refinery plant manufacturer will participate in the exhibition in Turkey
- Continuous palm oil physical refining process flow chart introduction
- The function of vacuum system in edible oil refinery plant
- Edible oil refining process flow chart introduction
- Why crude edible oil should be refined?
- The bleaching process of crude vegetable oil
- The difference between RBD palm oil and RBD palm olein
Leave a message