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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.
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.
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.
