Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Belgium - 2023
Contents:
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Belgium (CIF) - 2023
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Belgium (FOB) - 2022
- Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Belgium
- Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Belgium
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Belgium (CIF) - 2023
The average import price for sunflower seed stood at $1,623 per ton in October 2023, surging by 106% against the previous month. Over the period under review, the import price saw a strong expansion. The most prominent rate of growth was recorded in April 2023 an increase of 483% m-o-m. As a result, import price reached the peak level of $4,769 per ton. From May 2023 to October 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($2,354 per ton), while the price for Moldova ($961 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Egypt (+1.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Belgium (FOB) - 2022
The average export price for sunflower seed stood at $1,083 per ton in 2022, growing by 31% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 59% against the previous year. As a result, the export price attained the peak level of $1,581 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($1,469 per ton), while the average price for exports to Germany ($435 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+5.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Belgium
For the fourth consecutive year, Belgium recorded growth in supplies from abroad of sunflower seed, which increased by 18% to 145K tons in 2022. The total import volume increased at an average annual rate of +8.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of sunflower seed soared to $104M in 2022. Overall, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 32.5 | 42.8 | 52.1 | 80.5 | 35.3% |
| Netherlands | 5.5 | 4.7 | 5.3 | 6.9 | 7.9% |
| Bulgaria | 1.6 | 4.0 | 11.1 | 3.7 | 32.2% |
| Hungary | 7.7 | 0.8 | 0.3 | 3.6 | -22.4% |
| Romania | 0.2 | N/A | N/A | 3.3 | 154.6% |
| Others | 6.3 | 9.0 | 7.6 | 5.7 | -3.3% |
| Total | 53.8 | 61.4 | 76.4 | 104 | 24.6% |
Top Suppliers of Oil Seeds; Sunflower Seeds, Whether or Not Broken to Belgium in 2022:
- France (123.8K tons)
- Netherlands (6.2K tons)
- Romania (4.6K tons)
- Hungary (3.6K tons)
- Bulgaria (2.6K tons)
Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Belgium
In 2022, shipments abroad of sunflower seed decreased by -38.9% to 4.6K tons, falling for the second year in a row after two years of growth. Overall, exports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 620% against the previous year. As a result, the exports attained the peak of 25K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of sunflower seed reduced dramatically to $4.9M in 2022. In general, exports, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 279% against the previous year. As a result, the exports reached the peak of $13M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 1.0 | 5.3 | 2.0 | 1.8 | 21.6% |
| France | 1.0 | 1.1 | 1.6 | 1.7 | 19.3% |
| Germany | 0.2 | 5.9 | 1.8 | 0.4 | 26.0% |
| Denmark | 0.6 | 0.2 | N/A | N/A | -66.7% |
| Others | 0.7 | 0.6 | 0.7 | 0.9 | 8.7% |
| Total | 3.5 | 13.2 | 6.2 | 4.9 | 11.9% |
Top Export Markets for Oil Seeds; Sunflower Seeds, Whether or Not Broken from Belgium in 2022:
- France (1689.1 tons)
- Netherlands (1243.4 tons)
- Germany (946.6 tons)
- Denmark (19.9 tons)
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This report provides an in-depth analysis of the sunflower seed market in Belgium.
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This report provides an in-depth analysis of the global sunflower seed market.
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This report provides an in-depth analysis of the sunflower seed market in Belgium.
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This report provides an in-depth analysis of the global sunflower seed market.
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Global sunflower seed market is projected to experience significant growth in consumption and value over the next seven years, with an anticipated CAGR of +3.8% and +5.1% respectively. The market volume is forecasted to reach 73M tons, with a value of $72B by the end of 2030.
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Explore the top import markets for sunflower seeds, including Bulgaria, Turkey, Netherlands, Romania, and Hungary. Discover the import values and market dynamics of these countries in the global sunflower seed industry.
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This year, sunflower seed prices are forecast to remain stable due to record global production, which is to reach the highest level of 57.3M tons.
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Global sunflower seed consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
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Global sunflower seed exports amounted to X thousand tons in 2015, descending by -X% against the previous year level.
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In 2015, the countries with the highest levels of sunflower seed production were Ukraine (X thousand tons), Russia (X thousand tons), Romania (X thousand tons), together accounting for X% of total output.
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The global sunflower seed market had total revenues of X billion USD in 2013, representing a compound annual growth rate (CAGR) of X% between 2007 and 2013.
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Recently, thanks to Takii & Company, LTD (Takii Seed), Van Gogh's famous sunflowers came to life as a bright and radiant maze at Museumplein in Amsterdam, the Netherlands. The company is a sponsor of the Van Gogh Museum in Amsterdam, and became, in
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Romania dominates in the global sunflower seed trade, strengthening its position in the global exports structure from X% in 2007 to X% in 2014. It's main trading partner was France, where it supplied X% of its total sunflower seed exports, acco
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Indonesia dominates in the global oil crop trade. In 2014, Indonesia exported X million tons of oil crops totaling X billion USD, X% over the previous year. Its primary trading partner was India, where it supplied X% of its total oil crop exports
