# Ukraine retains leadership in the Chinese sunflower meal market

> USDA FAS forecasts China will import 2.7 million tonnes of sunflower meal in the 2022/23 season, up 39% year on year. Ukraine supplied 74% of imports in the first eight months, while Bulgarian and Russian supplies rose sharply.

- Date: 2023-07-12 · published 2023-07-12T12:00:00.000Z
- Category: trade · region China · magnitude low
- Page: https://feedsoft.ai/events/35158-ukraine-retains-leadership-in-the-chinese-sunflower-meal-market
- Commodities: [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Stronger Chinese demand for sunflower meal as soybean meal prices rose supports sunflower meal values and competes with soybean meal in feed formulations. Forecast 2023/24 imports fall to 2.5 million tonnes, which could soften demand later.

## Read by commodity

- SBM: neutral
- SUNMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2018-09-08 | [Sunflower meal — China & Ukraine](https://feedsoft.ai/events/63144-sunflower-meal-china-and-ukraine.md) | -2.2% | +0.4% |
| SBM | 2023-01-31 | [The EU has reduced its interest in Ukrainian sunflower meal](https://feedsoft.ai/events/37884-the-eu-has-reduced-its-interest-in-ukrainian-sunflower-meal.md) | -0.2% | +0.8% |
| SBM | 2023-11-22 | [In October, exports of Ukrainian sunflower meal to China increased significantly](https://feedsoft.ai/events/33284-in-october-exports-of-ukrainian-sunflower-meal-to-china-increased-significantly.md) | -2.8% | -11.5% |
| SBM | 2025-07-03 | [Argentine soybean meal gains entry to China, challenging Ukrainian sunflower meal – ASAP Agri — Latifundist.com](https://feedsoft.ai/events/23878-argentine-soybean-meal-gains-entry-to-china-challenging-ukrainian-sunflower.md) | -1.4% | -2.4% |
| SBM | 2023-05-25 | [Ukraine sharply increased exports of soybean and sunflower meal in 2022/23 MR](https://feedsoft.ai/events/36067-ukraine-sharply-increased-exports-of-soybean-and-sunflower-meal-in-2022-23-mr.md) | -2.3% | +6.9% |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/ukraine-retains-leadership-in-the-chinese-sunflower-meal-market/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.