Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in the UK - 2023
Contents:
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in the UK (CIF) - 2023
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in the UK (FOB) - 2023
- Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in the UK
- Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in the UK
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in the UK (CIF) - 2023
In November 2023, the average import price for sunflower seed amounted to $1,054 per ton, growing by 15% against the previous month. Overall, the import price, however, showed a mild decrease. The import price peaked at $1,433 per ton in December 2022; however, from January 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 Turkey ($2,824 per ton), while the price for France ($605 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 Argentina (+0.4%), while the prices for the other major suppliers experienced a decline.
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in the UK (FOB) - 2023
The average export price for sunflower seed stood at $2,277 per ton in November 2023, surging by 5.6% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in August 2023 an increase of 66% m-o-m. Over the period under review, the average export prices attained the maximum at $3,441 per ton in December 2022; however, from January 2023 to November 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($4,089 per ton), while the average price for exports to Denmark ($1,074 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in the UK
Imports of sunflower seed into the UK surged to 76K tons in 2022, increasing by 26% against the previous year. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +25.0% 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 +95.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 60% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of sunflower seed skyrocketed to $92M in 2022. In general, imports saw a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 69%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Oil Seeds; Sunflower Seeds, Whether or Not Broken in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | 16.6 | 19.9 | 30.3 | 69.9 | 61.5% |
| France | 4.2 | 5.5 | 8.4 | 8.9 | 28.4% |
| China | 1.8 | 1.4 | 1.2 | 3.9 | 29.4% |
| Turkey | 2.4 | 5.1 | 5.7 | 3.2 | 10.1% |
| Ukraine | 0.1 | 0.2 | 0.2 | 1.3 | 135.1% |
| Russia | N/A | 14.3 | 8.9 | N/A | -37.8% |
| Others | 6.0 | 6.2 | 7.0 | 5.0 | -5.9% |
| Total | 31.1 | 52.5 | 61.7 | 92.3 | 43.7% |
Top Suppliers of Oil Seeds; Sunflower Seeds, Whether or Not Broken to the UK in 2022:
- Bulgaria (55.7K tons)
- France (13.0K tons)
- China (1.8K tons)
- Turkey (1.4K tons)
- Ukraine (1.3K tons)
Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in the UK
In 2022, overseas shipments of sunflower seed decreased by -83% to 1.4K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, saw a buoyant increase. The pace of growth was the most pronounced in 2020 with an increase of 494% against the previous year.
In value terms, exports of sunflower seed declined sharply to $4.2M in 2022. In general, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 476% against the previous year.
| Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 208 | 3,497 | 4,837 | 2,517 | 129.6% |
| Netherlands | 63.0 | 5,645 | 6,010 | 448 | 92.3% |
| Ireland | 684 | 866 | 407 | 398 | -16.5% |
| Germany | 81.9 | 130 | 165 | 212 | 37.3% |
| France | 82.6 | 40.9 | 74.2 | 167 | 26.4% |
| Belgium | 308 | 554 | 171 | 83.5 | -35.3% |
| Poland | 40.9 | 59.9 | 1.3 | 72.0 | 20.7% |
| United Arab Emirates | 9.1 | 6.8 | 0.6 | 66.6 | 94.2% |
| Others | 489 | 536 | 1,331 | 279 | -17.1% |
| Total | 1,967 | 11,336 | 12,997 | 4,243 | 29.2% |
Top Export Markets for Oil Seeds; Sunflower Seeds, Whether or Not Broken from the UK in 2022:
- Netherlands (560.4 tons)
- France (237.4 tons)
- Ireland (181.4 tons)
- Germany (149.1 tons)
- Australia (81.0 tons)
- Poland (43.0 tons)
- United Arab Emirates (25.9 tons)
- Belgium (22.9 tons)
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This report provides an in-depth analysis of the sunflower seed market in the UK.
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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 the UK.
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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
