According to the Statistics Institute of Turkey, 498.5 KMT of sunflower oil was imported in 2018. The bulk of the commodity (326.5 KMT) was sourced from Russia (over 65% of total imports), reports UkrAgroConsult.
Sunflower oil was also purchased from Ukraine (72.5 KMT) and Bosnia (67.5 KMT). Its imports from Bosnia were duty-free under bilateral agreements.
In addition, Turkey imported 631.5 KMT of sunflower seed in 2018, including 258 KMT from Moldova, 241.5 KMT from Romania, 96.5 KMT from Bulgaria and 16.5 KMT from Hungary.
Detailed analysis of the latest trends in oilseeds/vegoils/meals exports, palm oil imports, supply and demand balances with breakdown by crop as well as crop conditions and progress in planting/harvesting in the countries of Black Sea Region is available to subscribers for weekly market report "Black Sea Vegoils" by UkrAgroConsult.
In February’s report, the USDA raised its estimate for the 2018/19 Black Sea oilseed crop to 45.5 MMT (+1.2 MMT).