World - Sunflower Seed - Market Analysis, Forecast, Size, Trends and Insights
Global Sunflower Seed Market Reached 24B USD
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According to market research conducted by IndexBox, the global sunflower seed market had total revenues of 24.1 billion USD in 2013, representing a compound annual growth rate (CAGR) of 23% between 2007 and 2013.
In value terms, as a result of the 2008 economic crisis, global consumption fluctuated between 2008 and 2012. After a significant decrease in 2009, sunflower seed consumption recovered in 2010-2011, but dropped again in 2012.
UN data on the world's sunflower seed production is incomplete. However, when calculating sunflower seed consumption in 2011, the leading consuming markets were Ukraine, the Russian Federation, Argentina, Turkey and China, which together accounted for approximately 59% of the world's consumption. All these countries, excluding Turkey, are also the leading producers of sunflowers in the world.
The value of total imports for sunflower seed in 2013 was 3.99 billion USD. There was an annual increase of 23% for the period 2007-2013. In 2013, Turkey (15.1%), the Netherlands (14.0%), Germany (10.7%) and France (9.1%) were the main destinations of sunflower seed imports and together made up 48.9% of the global imports, in physical terms.
Between 2007 and 2013, the world's exports of sunflower seed grew by 8% per year, amounting to 4.2 million USD in 2013. In physical terms, it reached 5.3 million tonnes in 2013, which was 909 thousand tonnes more than the year earlier.
In 2013, Romania and Bulgaria were the main exporters of sunflower seed in the world. Together they comprised 49% of the global exports and remained the fastest growing exporters. During 2007-2013, an average annual growth rate of sunflower seed exports from these countries was 45% and 42%, respectively. France holds the third spot in this ranking with a share of 10%, followed by Hungary (9%) and Slovakia (7%). It is noteworthy that Ukraine and Russia, being the largest producers of sunflower seed, do not account for a significant share in the global exports.
Do you want to know more about the global sunflower seed market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- sunflower seed market share
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- key sunflower seed producers
Source: IndexBox AI Platform
This report provides an in-depth analysis of the global sunflower seed market. 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 2025.
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The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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