2026 will not bring a significant increase in the price of sunflower oil in Ukraine

2026 will not bring a significant increase in the price of sunflower oil in Ukraine. This opinion was expressed by the President of the Ukrainian Agrarian Confederation Leonid Kozachenko in a comment to Kommersant Ukrainsky.

“Sunflower oil on the world market is more expensive than palm oil. Due to the war in Ukraine and complex global processes in many countries, inflation has accelerated, and various products, including sunflower oil, have begun to become more expensive,” notes Leonid Kozachenko.

At the same time, it is the high price that has caused a change in consumer preferences in many European countries.

“Even in European countries, where palm oil was previously despised, demand for it has increased, since it is cheaper,” explains the expert.

This trend, according to him, restrains further growth in world prices for sunflower oil, and accordingly in Ukraine.

Logistics remains the second important factor. Transportation and export costs have increased significantly, which has hit producers but has not led to an increase in retail prices. At the same time, according to him, a significant part of farmers is currently in no hurry to sell sunflower.

“At least half of farmers who have granaries have abandoned this product and do not want to sell it. Prices at the level of 26–27 thousand UAH per ton do not suit them, because before they could sell for more than 30 thousand,” notes Leonid Kozachenko.

The combination of these factors, according to the expert, forms relative price stability in the sunflower oil market in 2026.

“All these trends leave the cost of oil at the level at which it is now. There will be no significant increase in price,” emphasizes Kozachenko.

He does not rule out possible short-term fluctuations in the event of force majeure.

“Temporary problems may arise – product losses, damage to logistics centers, or short-term shortages. But even in this case, they will not significantly increase prices,” the expert emphasized.

Tags: Ukraine, sunflower oil, prices