Ukraine alone contributes more than two-thirds of India’s sunflower oil imports, followed by Russia, which contributes about 20 per cent. According to media reports, India has not received any sunflower oil shipments from Ukraine in February so far, which usually ships about 1.5-2 million tonnes of sunflower seeds.
Why should we invest in sunflower oil in Tanzania?
Investment in sunflower oil production locally could therefore provide competition against imported oil. One reason for encouraging the greater production and processing of sunflower oil in Tanzania is thus its potential for import substitution, which could generate income and jobs at home and have a beneficial impact on foreign- exchange outflows.
What is the potential market for sunflower & groundnuts in Tanzania?
The potential market in western Tanzania is nearly 75,000 tons annually. The current market for the sunflower and groundnuts products is local consumption. More than half of vegetable oil consumed in Tabora is imported due to the lack of supply in local production.
What type of oil is produced in Tanzania?
Oil seed production in Tanzania mainly focuses on ground nuts (40%), sunflower (36%), sesame (15%), cotton (8%) and palm oil (1%). More than half of vegetable oil consumed in Tabora and Tanzania as a whole is imported due to insufficient domestic production. The population of western Tanzania is approximtely 5.8 million in 2012.
What is the market for sunflower & groundnuts in Tabora?
The current market for the sunflower and groundnuts products is local consumption. More than half of vegetable oil consumed in Tabora is imported due to the lack of supply in local production. According to the 2002 Census report, the Tabora Region had a population of 1,710,465.
Are sunflowers a viable crop in the Tabora Region?
Sunflowers and groundnuts have low soil nutrient requirements, making the crop a viable option for less fertile areas of the Tabora Region and, compared to the popular tobacco cash crop, the production cycle of sunflowers is less labor intensive which could be an incentive to farmers.