Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Bangladesh - 2022

Contents:

  1. Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Bangladesh (CIF) - 2022
  2. Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Bangladesh

Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Bangladesh (CIF) - 2022

In 2022, the average import price for sunflower seed amounted to $1,462 per ton, which is down by -19.4% against the previous year. In general, the import price saw a abrupt decrease. The growth pace was the most rapid in 2019 when the average import price increased by 180%. The import price peaked at $3,563 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($3,299 per ton), while the price for Bulgaria ($888 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+35.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Bangladesh

In 2022, the amount of sunflower seed imported into Bangladesh surged to 276 tons, with an increase of 79% on 2021 figures. Over the period under review, imports enjoyed a notable expansion.

In value terms, imports of sunflower seed surged to $404K in 2022. The total import value increased at an average annual rate of +1.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10.60.153.2109117.5%
India21.00.130.210168.8%
Bulgaria2130.475.271.9-30.4%
Thailand25.40.236.623.6-2.4%
United Arab EmiratesN/A0.13.211.0948.8%
Myanmar1110.218.47.1-60.0%
RomaniaN/A177N/AN/A0%
Others7.717063.480.6118.8%
Total3893492804041.3%

Top Suppliers of Oil Seeds; Sunflower Seeds, Whether or Not Broken to Bangladesh in 2022:

  1. Bulgaria (80.9 tons)
  2. India (39.9 tons)
  3. China (33.1 tons)
  4. Thailand (25.9 tons)
  5. United Arab Emirates (6.4 tons)
  6. Myanmar (3.6 tons)

Source: IndexBox Market Intelligence Platform

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