Finland - 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 Finland - 2023
Contents:
- Price for Crude Sunflower-Seed and Safflower Oil in Finland (CIF) - 2023
- Price for Crude Sunflower-Seed and Safflower Oil in Finland (FOB) - 2022
- Imports of Crude Sunflower-Seed and Safflower Oil in Finland
- Exports of Crude Sunflower-Seed and Safflower Oil in Finland
Price for Crude Sunflower-Seed and Safflower Oil in Finland (CIF) - 2023
In July 2023, the average import price for crude sunflower-seed and safflower oil amounted to $1,211 per ton, with a decrease of -28.3% against the previous month. Overall, the import price saw a noticeable decline. The most prominent rate of growth was recorded in September 2022 when the average import price increased by 15% m-o-m. As a result, import price reached the peak level of $2,148 per ton. From October 2022 to July 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Denmark ($10,738 per ton), while the price for Ukraine ($823 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 Poland (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Crude Sunflower-Seed and Safflower Oil in Finland (FOB) - 2022
In 2022, the average export price for crude sunflower-seed and safflower oil amounted to $6,467 per ton, falling by -14.4% against the previous year. Over the period under review, the export price saw a abrupt shrinkage. The growth pace was the most rapid in 2016 when the average export price increased by 57%. As a result, the export price reached the peak level of $17,813 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($9,109 per ton), while the average price for exports to Saudi Arabia amounted to $4,034 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (-46.9%).
Imports of Crude Sunflower-Seed and Safflower Oil in Finland
In 2022, crude sunflower-seed and safflower oil imports into Finland surged to 427 tons, with an increase of 93% against the previous year. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 132%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, crude sunflower-seed and safflower oil imports surged to $843K in 2022. Over the period under review, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 157%. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Crude Sunflower-Seed and Safflower Oil in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 71.5 | 163 | 264 | 202 | 41.4% |
| Ukraine | 24.4 | 22.5 | 49.0 | 162 | 87.9% |
| Estonia | 6.1 | 2.6 | 16.1 | 148 | 189.5% |
| Poland | N/A | N/A | N/A | 131 | 0% |
| Latvia | N/A | N/A | N/A | 45.5 | 0% |
| Denmark | 22.4 | 85.7 | 29.1 | 41.6 | 22.9% |
| Netherlands | 12.4 | 16.4 | 25.2 | 40.3 | 48.1% |
| Greece | N/A | 82.9 | N/A | N/A | 0% |
| Others | 19.1 | 28.4 | 39.9 | 73.0 | 56.3% |
| Total | 156 | 401 | 424 | 843 | 75.5% |
Top Suppliers of Crude Sunflower-Seed and Safflower Oil to Finland in 2022:
- Germany (115.1 tons)
- Ukraine (88.2 tons)
- Estonia (84.4 tons)
- Poland (62.7 tons)
- Denmark (29.0 tons)
- Netherlands (24.0 tons)
- Latvia (9.8 tons)
Exports of Crude Sunflower-Seed and Safflower Oil in Finland
In 2022, approx. 16 tons of crude sunflower-seed and safflower oil were exported from Finland; rising by 253% on 2021. In general, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, crude sunflower-seed and safflower oil exports skyrocketed to $100K in 2022. Overall, exports showed a significant increase. 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 Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Netherlands | N/A | 63.3 | 0% | ||
| Saudi Arabia | 33.2 | 33.6 | 1.2% | ||
| Others | 0.1 | 3.6 | 3500.0% | ||
| Total | 33.3 | 100 | 200.3% | ||
Top Export Markets for Crude Sunflower-Seed and Safflower Oil from Finland in 2022:
- Saudi Arabia (8.3 tons)
- Netherlands (7.0 tons)
This report provides an in-depth analysis of the market for crude sunflower-seed and safflower oil in Finland. 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:
- Finland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Finland
- 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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