Does Tanzania have a potential in the sunflower oil sector?
Tanzania has great potential in the sunflower oil seeds sector, which can be scaled-up as one of its key sectors for industrial development.
Which country produces sunflower oil?
Tanzania is one country among others in the world producing sunflower oilseeds for raw materials in processing cholesterol-free edible cooking oil with a by-product used as livestock feeds. Currently sunflower oil makes about 13% of the world edible oil production.
How can Tanzania expand the edible oil industry?
Low smallholder participation in oil Source: Icons from Noun Project 4 In order to expand the edible oils industry, Tanzania should focus first on the sunflower value chain, as it is best positioned to serve strong demand given current production dynamics Source: IHS Markit; FAOSTAT; Dalberg analysis from calculations
Which oil is most popular in Tanzania?
sunflower have the strongest global demand of oils with significant production in Tanzania While palm has the highest demand globally, current production dynamics in Tanzania strongly favor sunflower only Land access and significant patient capital required to ramp up production Dependent on seed cotton production trends.
Is sunflower oil a good investment?
Sunflower oil provides the strongest opportunity to expand domestic edible oils production, and has potential for high-value exports Notes:*Consumption is used as a proxy for demand, and estimated as production + imports –exports; Estimated values based on extrapolation of 2009-13 CAGR.
How much sunflower oil is produced a year?
While the production of sunflower oil seeds varying between 75,000 to 100,000 tons from year 2001 to 2005, it increased in the last two seasons dramatically to more than 350,000 tons since 2006 (Figure 1).