Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Slovakia - 2023
Contents:
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Slovakia (FOB) - 2022
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Slovakia (CIF) - 2023
- Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Slovakia
- Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Slovakia
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Slovakia (FOB) - 2022
In 2022, the average export price for sunflower seed amounted to $763 per ton, increasing by 32% against the previous year. Over the period under review, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for sunflower seed increased by +85.8% against 2018 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($1,354 per ton), while the average price for exports to Austria ($587 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 France (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Slovakia (CIF) - 2023
The average import price for sunflower seed stood at $1,928 per ton in September 2023, which is down by -1.8% against the previous month. Over the period under review, the import price, however, continues to indicate a prominent expansion. The most prominent rate of growth was recorded in February 2023 an increase of 261% m-o-m. Over the period under review, average import prices reached the maximum at $4,219 per ton in July 2023; however, from August 2023 to September 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was the Netherlands ($3,703 per ton), while the price for Poland ($1,193 per ton) was amongst the lowest.
From October 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Serbia (+99.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Slovakia
In 2022, exports of sunflower seed from Slovakia shrank modestly to 170K tons, approximately mirroring the previous year's figure. In general, exports continue to indicate a pronounced slump. The most prominent rate of growth was recorded in 2021 when exports increased by 12%.
In value terms, exports of sunflower seed soared to $130M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +17.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 34%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in years to come.
Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Slovakia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Czech Republic | 34.2 | 27.9 | 39.2 | 52.3 | 15.2% |
Hungary | 1.1 | 9.1 | 21.0 | 48.6 | 253.5% |
Austria | 15.5 | 13.9 | 18.9 | 14.8 | -1.5% |
Germany | 16.7 | 13.9 | 11.5 | 6.9 | -25.5% |
Poland | 4.0 | 4.1 | 5.6 | 2.8 | -11.2% |
Denmark | 1.4 | 1.9 | 1.6 | 2.4 | 19.7% |
Others | 6.6 | 3.8 | 1.8 | 2.2 | -30.7% |
Total | 79.3 | 74.5 | 99.7 | 130 | 17.9% |
Top Export Markets for Oil Seeds; Sunflower Seeds, Whether or Not Broken from Slovakia in 2022:
- Czech Republic (76.5K tons)
- Hungary (51.2K tons)
- Austria (25.2K tons)
- Germany (8.7K tons)
- Poland (3.3K tons)
- Denmark (2.8K tons)
Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Slovakia
In 2022, approx. 32K tons of sunflower seed were imported into Slovakia; jumping by 413% against the previous year's figure. In general, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of sunflower seed skyrocketed to $25M in 2022. Over the period under review, imports posted a significant increase.
Import of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Slovakia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ukraine | N/A | N/A | N/A | 13.0 | 0% |
Hungary | 3.7 | 6.4 | 5.3 | 5.4 | 13.4% |
Poland | N/A | 0.1 | N/A | 0.9 | 200.0% |
Czech Republic | 6.4 | 15.3 | 1.1 | 0.3 | -63.9% |
Others | 3.7 | 3.6 | 4.9 | 5.2 | 12.0% |
Total | 13.8 | 25.4 | 11.3 | 24.7 | 21.4% |
Top Suppliers of Oil Seeds; Sunflower Seeds, Whether or Not Broken to Slovakia in 2022:
- Ukraine (26.3K tons)
- Hungary (3.0K tons)
- Poland (0.8K tons)
- Czech Republic (0.2K tons)
This report provides an in-depth analysis of the sunflower seed market in Slovakia.
This report provides an in-depth analysis of the global sunflower seed market.
This report provides an in-depth analysis of the sunflower seed market in Slovakia.
This report provides an in-depth analysis of the global sunflower seed market.
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