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World - Sunflower Seed - Market Analysis, Forecast, Size, Trends and Insights
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Article Publishing Date: Feb 15, 2022
Sunflower Seed Prices to Remain Stable with Record Production Expected in 2022
IndexBox has just published a new report: 'World - Sunflower Seed - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.
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.
Sunflower seed prices are projected to remain stable due to a significant increase in global production this year. The average sunflower seed price in the U.S. is estimated at $32 per cwt ($630 per ton) in February 2022 (IndexBox estimates based on USDA data).
This year, global sunflower seed output is to rise by 20% y/y to 57.3M tons, the highest level ever. Favourable weather should further stimulate production growth in Ukraine and Russia. Last year, Ukraine's harvests reached a record 23.2M tons, a 19%-increase compared to 2020. Production in Russia grew by 17% y/y, amounting to 15.5M tons in 2021. Higher outputs are expected in South America, where harvesting season begins. Steadily growing U.S. demand for trans-fat free high- and mid-oleic oils could stimulate farmers to expand sunflower seed acres.
Global sunflower seed exports are to rise by 4% y/y to 7.3M tons in 2022. The world's ending stocks will expand by 12% y/y to 2.4M tons.
Global Sunflower Seed Exports by Country
In 2020, global sunflower seed exports dropped to 7M tons, reducing by -3.9% against 2019 figures. In value terms, supplies expanded sharply to $4.7B (IndexBox estimates).
Romania (1.5M tons) and Russia (1.4M tons) represented the largest exporters of sunflower seed worldwide, together amounting to approx. 42% of total supplies. Bulgaria (818K tons) occupied the following position in the ranking, followed by China (508K tons), France (424K tons), Moldova (381K tons) and Hungary (352K tons). All these countries together took approx. 36% share of total exports. Kazakhstan (257K tons), Argentina (206K tons), Ukraine (188K tons), Slovakia (154K tons), Serbia (145K tons) and Turkey (115K tons) followed a long way behind the leaders.
In value terms, the largest sunflower seed supplying countries worldwide were Romania ($699M), China ($648M) and Russia ($563M), with a combined 41% share of global exports.
In terms of the main exporting countries, Russia recorded the highest growth rate of exports, doubling the value in 2020.
Top Leading Sunflower Seed Importers Worldwide
The countries with the highest levels of sunflower seed imports in 2020 were Turkey (1,207K tons), Bulgaria (1,021K tons) and the Netherlands (762K tons), together recording 44% of total volume. It was distantly followed by Spain (403K tons), Germany (393K tons) and France (326K tons), together comprising a 16% share of total imports. Romania (251K tons), Portugal (223K tons), the Czech Republic (213K tons), China (181K tons), Italy (160K tons), Austria (156K tons) and the U.S. (156K tons) followed a long way behind the leaders.
In value terms, the largest sunflower seed importing markets worldwide were Turkey ($628M), Bulgaria ($498M) and the Netherlands ($366M), together comprising 31% of global imports.
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 2030.
Product coverage:
• FCL 267 - Sunflower seed
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
+ the largest producing countries
Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles
Company coverage:
Archer Daniels Midland Co., Bunge Ltd., Cargill Inc., Colorado Mills, Conagra Brands Inc., GoldenSun, Groupe Limagrain Holding, Kaissa Oil, Macjerry Sunflower Oil Company Ltd., Rein Oil, Abu Dhabi Vegetable Oil Co. L.L.C.
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
1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
2.1
KEY FINDINGS
2.2
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
3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption, By Country, 2018–2022
Table 5:
Production, In Physical Terms, By Country, 2012–2022
Table 6:
Harvested Area, By Country, 2012-2022
Table 7:
Yield, By Country, 2012-2022
Table 8:
Imports, In Physical Terms, By Country, 2012–2022
Table 9:
Imports, In Value Terms, By Country, 2012–2022
Table 10:
Import Prices, By Country Of Destination, 2012–2022
Table 11:
Exports, In Physical Terms, By Country, 2012–2022
Table 12:
Exports, In Value Terms, By Country, 2012–2022
Table 13:
Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Consumption, By Country, 2022
Figure 4:
Market Volume Forecast to 2030
Figure 5:
Market Value Forecast to 2030
Figure 6:
Products: Market Size And Growth, By Type
Figure 7:
Products: Average Per Capita Consumption, By Type
Figure 8:
Products: Exports And Growth, By Type
Figure 9:
Products: Export Prices And Growth, By Type
Figure 10:
Production Volume And Growth
Figure 11:
Yield And Growth
Figure 12:
Exports And Growth
Figure 13:
Export Prices And Growth
Figure 14:
Market Size And Growth
Figure 15:
Per Capita Consumption
Figure 16:
Imports And Growth
Figure 17:
Import Prices
Figure 18:
Production, In Physical Terms, 2012–2022
Figure 19:
Production, In Value Terms, 2012–2022
Figure 20:
Area Harvested, 2012–2022
Figure 21:
Yield, 2012–2022
Figure 22:
Production, By Country, 2022
Figure 23:
Production, In Physical Terms, By Country, 2012–2022
Figure 24:
Harvested Area, By Country, 2022
Figure 25:
Harvested Area, By Country, 2012-2022
Figure 26:
Yield, By Country, 2012-2022
Figure 27:
Imports, In Physical Terms, 2012–2022
Figure 28:
Imports, In Value Terms, 2012–2022
Figure 29:
Imports, In Physical Terms, By Country, 2022
Figure 30:
Imports, In Physical Terms, By Country, 2012–2022
Figure 31:
Imports, In Value Terms, By Country, 2012–2022
Figure 32:
Import Prices, By Country, 2012–2022
Figure 33:
Exports, In Physical Terms, 2012–2022
Figure 34:
Exports, In Value Terms, 2012–2022
Figure 35:
Exports, In Physical Terms, By Country, 2022
Figure 36:
Exports, In Physical Terms, By Country, 2012–2022
Figure 37:
Exports, In Value Terms, By Country, 2012–2022
Figure 38:
Export Prices, 2012–2022
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