Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Mexico - 2023
Contents:
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Mexico (CIF) - 2023
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Mexico (FOB) - 2022
- Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Mexico
- Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Mexico
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Mexico (CIF) - 2023
The average import price for sunflower seed stood at $1,375 per ton in November 2023, increasing by 32% against the previous month. In general, the import price showed a relatively flat trend pattern. The import price peaked at $1,467 per ton in February 2023; however, from March 2023 to November 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was the United States ($1,605 per ton), while the price for Argentina ($920 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the United States (+1.0%), while the prices for the other major suppliers experienced a decline.
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Mexico (FOB) - 2022
In 2022, the average export price for sunflower seed amounted to $1,208 per ton, approximately reflecting the previous year. In general, the export price showed a pronounced slump. The most prominent rate of growth was recorded in 2020 an increase of 19% against the previous year. The export price peaked at $1,890 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +1.9% per year.
Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Mexico
Imports of sunflower seed into Mexico fell to 24K tons in 2022, waning by -6.8% against the year before. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +7.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.1% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 64%. As a result, imports reached the peak of 26K tons, and then shrank in the following year.
In value terms, imports of sunflower seed reduced slightly to $28M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +12.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 70%. As a result, imports reached the peak of $28M, leveling off in the following year.
| Import of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.9 | 6.0 | 12.7 | 15.1 | 24.1% |
| Argentina | 7.0 | 7.4 | 12.9 | 10.7 | 15.2% |
| Bulgaria | 3.9 | 1.3 | 2.4 | 2.2 | -17.4% |
| Others | 0.7 | 1.9 | 0.2 | N/A | -46.5% |
| Total | 19.5 | 16.6 | 28.2 | 28.0 | 12.8% |
Top Suppliers of Oil Seeds; Sunflower Seeds, Whether or Not Broken to Mexico in 2022:
- United States (12.4K tons)
- Argentina (9.9K tons)
- Bulgaria (1.4K tons)
Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Mexico
In 2022, exports of sunflower seed from Mexico amounted to 39 tons, therefore, remained relatively stable against the previous year. In general, exports recorded a deep downturn. The smallest decline of -18.9% was in 2020.
In value terms, exports of sunflower seed stood at $47K in 2022. Overall, exports showed a perceptible decline. The smallest decline of -3.6% was in 2020.
| Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 54.0 | 52.1 | N/A | 47.4 | -4.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 54.0 | 52.1 | N/A | 47.4 | -4.3% |
Top Export Markets for Oil Seeds; Sunflower Seeds, Whether or Not Broken from Mexico in 2022:
- United States (39.3 tons)
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This report provides an in-depth analysis of the sunflower seed market in Mexico.
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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 Mexico.
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This report provides an in-depth analysis of the global sunflower seed market.
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During the review period, imports reached their highest point in June 2023. In terms of value, imports of Sunflower Seed surged to $3.8M in June 2023.
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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
