Australia - Sunflower Seed - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Nov 29, 2022

Sunflower Seed Price in Australia Accelerates for Two Consecutive Months, Peaking at $1,761 per Ton

Australia Sunflower Seed Import Price in August 2022

In August 2022, the sunflower seed price amounted to $1,761 per ton (CIF, Australia), with an increase of 9.7% against the previous month. Over the last seven months, it increased at an average monthly rate of +1.2%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In August 2022, the country with the highest price was China ($2,897 per ton), while the price for Bulgaria totaled $1,748 per ton.

From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+3.1%).

Australia Sunflower Seed Imports

In August 2022, supplies from abroad of sunflower seed increased by 19% to 448 tons for the first time since May 2022, thus ending a two-month declining trend. Overall, imports showed a pronounced increase. The pace of growth was the most pronounced in May 2022 when imports increased by 156% month-to-month. As a result, imports reached the peak of 900 tons. From June 2022 to August 2022, the growth of imports remained at a lower figure.

In value terms, sunflower seed imports soared to $789K (IndexBox estimates) in August 2022. In general, imports showed a strong increase. The pace of growth was the most pronounced in May 2022 when imports increased by 181% month-to-month. As a result, imports attained the peak of $1.4M. From June 2022 to August 2022, the growth of imports remained at a lower figure.

Australia Sunflower Seed Imports by Country

In August 2022, Bulgaria (443 tons) was the main sunflower seed supplier to Australia, with a 99% share of total imports. It was followed by China (5 tons), with a 1.1% share of total imports.

From January 2022 to August 2022, the average monthly growth rate of volume from Bulgaria amounted to +6.6%.

In value terms, Bulgaria ($775K) constituted the largest supplier of sunflower seed to Australia, comprising 98% of total imports. The second position in the ranking was taken by China ($14K), with a 1.8% share of total imports.

From January 2022 to August 2022, the average monthly rate of growth in terms of value from Bulgaria stood at +9.8%.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sunflower seed market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

• FCL 267 - Sunflower seed

Country coverage:

• Australia

Data coverage:

• Market volume and value

• Per Capita consumption

• Forecast of the market dynamics in the medium term

• Trade (exports and imports) in Australia

• Export and import prices

• Market trends, drivers and restraints

• Key market players and their profiles

Reasons to buy this report:

• Take advantage of the latest data

• Find deeper insights into current market developments

• Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2022
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2022
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2022
2. Market Volume, In Physical Terms, 2012–2022
3. Market Value, 2012–2022
4. Per Capita Consumption In 2012-2022
5. Imports, In Physical Terms, By Country, 2012–2022
6. Imports, In Value Terms, By Country, 2012–2022
7. Import Prices, By Country Of Origin, 2012–2022
8. Exports, In Physical Terms, By Country, 2012–2022
9. Exports, In Value Terms, By Country, 2012–2022
10. Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2022
2. Market Value, 2012–2022
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
5. Trade Balance, In Physical Terms, 2012-2022
6. Trade Balance, In Value Terms, 2012-2022
7. Per Capita Consumption, 2012-2022
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2022
23. Production, In Value Terms, 2012–2022
24. Area Harvested, 2012–2022
25. Yield, 2012–2022
26. Imports, In Physical Terms, 2012–2022
27. Imports, In Value Terms, 2012–2022
28. Imports, In Physical Terms, By Country, 2022
29. Imports, In Physical Terms, By Country, 2012–2022
30. Imports, In Value Terms, By Country, 2012–2022
31. Import Prices, By Country Of Origin, 2012–2022
32. Exports, In Physical Terms, 2012–2022
33. Exports, In Value Terms, 2012–2022
34. Exports, In Physical Terms, By Country, 2022
35. Exports, In Physical Terms, By Country, 2012–2022
36. Exports, In Value Terms, By Country, 2012–2022
37. Export Prices, By Country Of Destination, 2012–2022