Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Bolivia - 2023

Contents:

  1. Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Bolivia (CIF) - 2022
  2. Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Bolivia (FOB) - 2022
  3. Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Bolivia
  4. Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Bolivia

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

In 2022, the average import price for sunflower seed amounted to $7,546 per ton, growing by 4% against the previous year. Overall, the import price saw mild growth. The pace of growth was the most pronounced in 2015 an increase of 16%. The import price peaked at $7,985 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Argentina.

From 2012 to 2022, the rate of growth in terms of prices for Argentina amounted to +1.0% per year.

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

In 2022, the average export price for sunflower seed amounted to $4,560 per ton, shrinking by -43.1% against the previous year. Over the period under review, the export price, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 343% against the previous year. Over the period under review, the average export prices attained the maximum at $8,017 per ton in 2021, and then declined dramatically in the following year.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($5,823 per ton), while the average price for exports to Argentina amounted to $3,961 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+32.1%), 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 Bolivia

In 2022, imports of sunflower seed into Bolivia reduced to 1.2K tons, waning by -4.2% compared with the previous year's figure. Overall, imports saw a slight downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 16% against the previous year.

In value terms, imports of sunflower seed shrank modestly to $9M in 2022. The total import value increased at an average annual rate of +5.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 17% against the previous year. As a result, imports attained the peak of $9.1M, leveling off in the following year.

Import of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Bolivia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina7.57.79.09.06.3%
Others0.3N/AN/AN/A0%
Total7.87.89.19.04.9%

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

  1. Argentina (1189.4 tons)

Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Bolivia

In 2022, shipments abroad of sunflower seed increased by 272% to 329 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a precipitous slump.

In value terms, exports of sunflower seed skyrocketed to $1.5M in 2022. In general, exports recorded a notable increase.

Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Bolivia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina7.8100442897386.3%
Brazil1,1561,588267597-19.8%
Pakistan139N/AN/AN/A0%
Others94.1N/A1.27.9-56.2%
Total1,3961,6887101,5022.5%

Top Export Markets for Oil Seeds; Sunflower Seeds, Whether or Not Broken from Bolivia in 2022:

  1. Argentina (226.5 tons)
  2. Brazil (102.6 tons)

Source: IndexBox Market Intelligence Platform

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