Processing of sunflower in Argentina in August 2025 increased to 488 thousand tonnes against 330 thousand tonnes for the same month in 2024, reported the agency “APK-Inform” with reference to the data of Oil World. At the same time, the indicator was only slightly behind the level of July this year (491 thousand tonnes).
According to experts, processing in September and October will continue to significantly exceed last year’s figures, as Argentine processors are taking advantage of the reduced sunflower harvest in Ukraine, Russia, Turkey and Bulgaria.
Argentine sunflower oil is now the most competitive on the world market and is sold at significant discounts compared to products from the Black Sea region. Thus, exports in August amounted to 172 thousand tonnes against 116 thousand tonnes a year earlier. The main destinations were India (90 thousand tonnes against 21 thousand tonnes a year earlier) and Iraq (14 thousand tonnes against 31 thousand tonnes).
According to the Ministry of Agriculture of Argentina, sunflower harvest in 2025 exceeded forecasts and amounted to 5.3 million tonnes against 3.9 million tonnes in 2024. The country’s authorities expect to maintain a high level of production in 2026 by increasing sown areas by 10% annually.
Analysts of the Experts Club Centre note that the growth of processing and exports from Argentina increases pressure on the global sunflower oil market, reducing prices and increasing competition.
For Ukraine, one of the world’s largest producers and exporters of oil, this may mean a reduction in export revenues and the need to more actively seek new markets, as well as to bet on deeper processing and improving product quality.