Poland is the largest importer of Sunflower Oil, it’s contribution of 34,903 import shipments attests to its significant market share of 17 %. Following Poland, India emerges as a key player with 33,904 shipments, securing an 17 % market share. China also makes a mark with its 26166 shipments, translating to a 13 % market share.
Where does India import sunflower oil?
India imports most of its Sunflower Oil from the Ukraine, Russia, and Argentina. Globally, the top three importers of Sunflower Oil are Poland , India, and China. Poland leads the world in Sunflower Oil imports with 34,903 shipments, followed by India with 33,904 shipments, and China taking the third spot with 26,166 shipments.
How many sunflower oil shipments did India import in 2023?
According to Volza’s India Import data, India imported 5,407 shipments of Sunflower Oil during Mar 2023 to Feb 2024 (TTM). These imports were supplied by 434 foreign exporters to 245 Indian buyers, marking a growth rate of 41% compared to the preceding twelve months. Within this period, in Feb 2024 alone, India imported 414 Sunflower Oil shipments.
How to start a sunflower oil business?
To start a sunflower oil business, you must first register your business and secure approvals and licenses. Sunflower oil is considered a food product, so the manufacturing process requires some special permissions. The specific approvals and licenses needed depend on the region you plan to establish the unit and the rules set by your state law.