India, the largest importer of sunflower oil, consumes over 2.7 million metric tons annually, far exceeding its domestic production of just 190,000 metric tons. Sunflower oil, favored for its health benefits, high smoke point, and affordability, is widely used in Indian cooking. Global sunflower oil imports amounted to 114,353 shipments from March 2023 to February 2024, with India leading the market.
In 2023-24, India imported an average of 250,000 metric tons of sunflower oil per month, mainly from the Black Sea region, including Ukraine, Romania, and Nepal. The market is growing at a CAGR of 7%, driven by rising demand for soft oils amid increasing palm oil prices. Key importers in India include Adani Wilmar and Kaleesuwari Refinery. To start a sunflower oil import business, various legal documents and access to reliable suppliers are required.
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