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Sunflower Oil Price

A major cooking oil, especially in Europe, Russia and Central Asia. Russia and Ukraine together supply well over half of world exports, which is why the war in Ukraine caused a sharp price spike and supply scramble from 2022 onward as buyers switched to substitutes like soybean and canola oil. Also used in cosmetics and, to a lesser extent, biodiesel.

Latest World price (2025-12): +5% vs. the 5-year average, +28% vs. the 10-year average, +10% vs. a year ago.

Price Chart

"World" is the global benchmark price (World Bank Pink Sheet, monthly since 1960, where available). Currency conversion uses monthly ECB reference rates since 1999 (some currencies joined later) — for comparison, not precise historical FX accounting.

Top Producers

  1. Russia — 7,038,700 t
  2. Ukraine — 6,044,500 t
  3. Argentina — 1,709,511 t
  4. Türkiye — 900,600 t
  5. Hungary — 765,400 t

FAOSTAT production data, 2023.

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