Austria - Crude Sunflower-Seed And Safflower Oil - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Crude Sunflower-Seed and Safflower Oil in Austria - 2023
Contents:
- Price for Crude Sunflower-Seed and Safflower Oil in Austria (CIF) - 2023
- Price for Crude Sunflower-Seed and Safflower Oil in Austria (FOB) - 2023
- Imports of Crude Sunflower-Seed and Safflower Oil in Austria
- Exports of Crude Sunflower-Seed and Safflower Oil in Austria
Price for Crude Sunflower-Seed and Safflower Oil in Austria (CIF) - 2023
In July 2023, the average import price for crude sunflower-seed and safflower oil amounted to $1,972 per ton, surging by 26% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 29% m-o-m. As a result, import price attained the peak level of $2,116 per ton. From January 2023 to July 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($2,476 per ton), while the price for Ukraine ($1,637 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Romania (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Crude Sunflower-Seed and Safflower Oil in Austria (FOB) - 2023
The average export price for crude sunflower-seed and safflower oil stood at $1,740 per ton in July 2023, shrinking by -71.2% against the previous month. Over the period under review, the export price showed a noticeable slump. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 174% month-to-month. As a result, the export price attained the peak level of $6,042 per ton, and then shrank markedly in the following month.
There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was Italy ($2,625 per ton), while the average price for exports to Germany amounted to $1,623 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+4.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Crude Sunflower-Seed and Safflower Oil in Austria
For the fourth year in a row, Austria recorded growth in purchases abroad of crude sunflower-seed and safflower oil, which increased by 14% to 21K tons in 2022. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 63% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, crude sunflower-seed and safflower oil imports surged to $35M in 2022. Over the period under review, imports saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 84% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Crude Sunflower-Seed and Safflower Oil in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | N/A | 1.1 | 8.1 | 11.0 | 216.2% |
| Ukraine | 3.3 | 4.6 | 5.5 | 9.6 | 42.8% |
| Germany | 2.7 | 3.0 | 3.0 | 2.9 | 2.4% |
| Italy | 1.4 | 2.0 | 4.1 | 2.4 | 19.7% |
| Poland | 0.4 | 0.6 | N/A | 2.4 | 81.7% |
| Romania | 0.7 | 0.4 | 0.6 | 2.1 | 44.2% |
| Slovenia | N/A | N/A | 0.4 | 1.8 | 350.0% |
| Bulgaria | 0.6 | 0.1 | 0.3 | 1.0 | 18.6% |
| Croatia | 0.3 | 0.6 | 1.5 | 0.9 | 44.2% |
| Netherlands | 1.6 | 1.0 | 1.0 | 0.5 | -32.1% |
| Others | 0.7 | 0.9 | 1.8 | 0.5 | -10.6% |
| Total | 11.8 | 14.3 | 26.3 | 35.0 | 43.7% |
Top Suppliers of Crude Sunflower-Seed and Safflower Oil to Austria in 2022:
- Hungary (7.1K tons)
- Ukraine (5.6K tons)
- Germany (1.4K tons)
- Romania (1.3K tons)
- Slovenia (1.3K tons)
- Italy (1.2K tons)
- Poland (1.2K tons)
- Croatia (0.6K tons)
- Bulgaria (0.5K tons)
- Netherlands (0.4K tons)
Exports of Crude Sunflower-Seed and Safflower Oil in Austria
For the fourth year in a row, Austria recorded growth in overseas shipments of crude sunflower-seed and safflower oil, which increased by 72% to 6.7K tons in 2022. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 129% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, crude sunflower-seed and safflower oil exports soared to $14M in 2022. In general, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Crude Sunflower-Seed and Safflower Oil in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.8 | 1.3 | 3.8 | 10.4 | 135.1% |
| Netherlands | 0.3 | 0.6 | 1.5 | 2.3 | 97.2% |
| Italy | 0.1 | 0.1 | 0.2 | 0.7 | 91.3% |
| Hungary | 0.1 | 0.3 | N/A | N/A | 200.0% |
| Others | 0.1 | 0.1 | 0.1 | 0.3 | 44.2% |
| Total | 1.4 | 2.4 | 5.6 | 13.9 | 114.9% |
Top Export Markets for Crude Sunflower-Seed and Safflower Oil from Austria in 2022:
- Hungary (undefinedK tons)
- Germany (4.4K tons)
- Netherlands (1.7K tons)
- Italy (0.4K tons)
This report provides an in-depth analysis of the market for crude sunflower-seed and safflower oil in Austria. 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 268 - Oil of Sunflower Seed
- FCL 281 - Oil of Safflower Seed
Country coverage:
- Austria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Austria
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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