Ukraine reduces sunflower oil consumption

26.10.2016

The share of sunflower oil in the structure of Ukrainian vegetable oils production is nearly 96%. In this regard, it’s logical that the majority of population prefers sunflower oil. It should be noted that total consumption of vegetable oils by population of Ukraine has decreased over the past year.

According to UkrAgroConsult data, statistics show that during first six months of 2016 the amount of vegetable oils retail sales decreased by 1.6% compared to the corresponding period last year. Sales per capita also dropped, despite the fact that average vegetable oils prices strengthened.

Full version of the article is available to subscribers for weekly market report “Black Sea Vegoils & CIS” and “Online market review” by UkrAgroConsult.

 

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