Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Australia - 2023
Contents:
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Australia (CIF) - 2023
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Australia (FOB) - 2022
- Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Australia
- Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Australia
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Australia (CIF) - 2023
In December 2023, the average import price for sunflower seed amounted to $1,114 per ton, declining by -21.2% against the previous month. Over the period under review, the import price continues to indicate a perceptible setback. The most prominent rate of growth was recorded in January 2023 an increase of 22% m-o-m. As a result, import price attained the peak level of $1,845 per ton. From February 2023 to December 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was China ($2,171 per ton), while the price for the United States ($730 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by China (+0.4%), while the prices for the other major suppliers experienced a decline.
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Australia (FOB) - 2022
The average export price for sunflower seed stood at $5,024 per ton in 2022, rising by 29% against the previous year. Over the period under review, the export price posted a prominent expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 114% against the previous year. Over the period under review, the average export prices reached the maximum at $5,434 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Pakistan ($6,399 per ton), while the average price for exports to Indonesia ($804 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+15.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Australia
In 2022, imports of sunflower seed into Australia surged to 5.5K tons, with an increase of 17% against 2021. Over the period under review, imports, however, showed a deep downturn. The pace of growth was the most pronounced in 2020 with an increase of 29%. As a result, imports attained the peak of 13K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of sunflower seed soared to $8.5M in 2022. In general, total imports indicated noticeable growth from 2019 to 2022: its value increased at an average annual rate of +3.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -14.0% against 2020 indices.
| Import of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | 5.6 | 7.3 | 4.4 | 7.2 | 8.7% |
| China | 1.1 | 1.0 | 0.9 | 1.2 | 2.9% |
| Moldova | 0.6 | 1.4 | N/A | N/A | 133.3% |
| France | 0.4 | 0.2 | 0.2 | N/A | -29.3% |
| Others | 0.2 | N/A | 0.1 | 0.1 | -20.6% |
| Total | 7.8 | 9.9 | 5.5 | 8.5 | 2.9% |
Top Suppliers of Oil Seeds; Sunflower Seeds, Whether or Not Broken to Australia in 2022:
- Bulgaria (4.9K tons)
- China (0.5K tons)
Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Australia
In 2022, the amount of sunflower seed exported from Australia skyrocketed to 389 tons, increasing by 52% against the previous year. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 80%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of sunflower seed skyrocketed to $2M in 2022. Over the period under review, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 691 | 1,357 | 717 | 1,598 | 32.2% |
| Thailand | N/A | N/A | 0.2 | 59.8 | 29800.0% |
| Japan | 70.1 | 11.5 | 33.5 | 51.1 | -10.0% |
| Indonesia | N/A | N/A | 22.1 | 20.9 | -5.4% |
| New Zealand | 13.6 | 63.0 | 98.7 | 9.5 | -11.3% |
| Sudan | 94.2 | N/A | N/A | N/A | 0% |
| Others | 61.8 | 175 | 125 | 214 | 51.3% |
| Total | 931 | 1,606 | 996 | 1,954 | 28.0% |
Top Export Markets for Oil Seeds; Sunflower Seeds, Whether or Not Broken from Australia in 2022:
- Pakistan (249.8 tons)
- Japan (50.3 tons)
- Thailand (32.0 tons)
- Indonesia (26.0 tons)
- New Zealand (7.5 tons)
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This report provides an in-depth analysis of the sunflower seed market in Australia.
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This report provides an in-depth analysis of the global sunflower seed market.
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This report provides an in-depth analysis of the sunflower seed market in Australia.
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This report provides an in-depth analysis of the global sunflower seed market.
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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.
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Global sunflower seed market is projected to experience significant growth in consumption and value over the next seven years, with an anticipated CAGR of +3.8% and +5.1% respectively. The market volume is forecasted to reach 73M tons, with a value of $72B by the end of 2030.
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Explore the top import markets for sunflower seeds, including Bulgaria, Turkey, Netherlands, Romania, and Hungary. Discover the import values and market dynamics of these countries in the global sunflower seed industry.
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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.
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Global sunflower seed consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
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Global sunflower seed exports amounted to X thousand tons in 2015, descending by -X% against the previous year level.
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In 2015, the countries with the highest levels of sunflower seed production were Ukraine (X thousand tons), Russia (X thousand tons), Romania (X thousand tons), together accounting for X% of total output.
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The global sunflower seed market had total revenues of X billion USD in 2013, representing a compound annual growth rate (CAGR) of X% between 2007 and 2013.
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Recently, thanks to Takii & Company, LTD (Takii Seed), Van Gogh's famous sunflowers came to life as a bright and radiant maze at Museumplein in Amsterdam, the Netherlands. The company is a sponsor of the Van Gogh Museum in Amsterdam, and became, in
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Romania dominates in the global sunflower seed trade, strengthening its position in the global exports structure from X% in 2007 to X% in 2014. It's main trading partner was France, where it supplied X% of its total sunflower seed exports, acco
