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Global Sunflower Seeds Demand Increase May Slow Down

Pubtime:2017-06-01Author:Source: Hits:

After the good harvest during 2016/17, the global sunflower seed output in this year may increase slightly. The 2017/18 sunflower seed output is expected to reach 46.1 million ton, and the number is 45.6 million ton in comparison. The output increase in Russia, European Union and Argentine will offset output reduction in Ukraine. Since sunflower seed supply keeps stable, the global trade may be stabilized to the level in this year. 

Ukraine sunflower seeds planting area in 2017/18 may not keep the trend of stable growth in past ten years. Ukraine sunflower seeds planting area in 2017/18 may slightly reduce to 6million ha.

As restricted by increasing planting costs, the growing trend of sunflower seed sowing area in Russia in 2017/18 may stop. However, due to increase of per unit area yield, the output of sunflower seeds in 2017/18 may increase by 1%, reaching 11 million ton.

The output of sunflower seeds in EU in 2017/18 may increase by 3%, reaching 8.6 million ton due to slight increase of planting area in Romania and Bulgaria.

By contrast, the sunflower seed import demand of Turkey is large, and will offset import decrease of EU.