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

Contents:

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

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

The average export price for sunflower seed stood at $622 per ton in 2022, flattening at the previous year. Overall, the export price faced a abrupt slump. The most prominent rate of growth was recorded in 2021 an increase of less than 0.1% against the previous year. Over the period under review, the average export prices hit record highs at $1,582 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for France.

From 2016 to 2022, the rate of growth in terms of prices for France amounted to +28.1% per year.

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

The average import price for sunflower seed stood at $3,533 per ton in 2022, reducing by -7.7% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2021 an increase of 29%. As a result, import price attained the peak level of $3,828 per ton, and then shrank in the following year.

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 the United Arab Emirates ($5,024 per ton), while the price for Lebanon ($971 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+19.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of sunflower seed exported from Cameroon soared to 26 tons, rising by 20% compared with 2021 figures. The total export volume increased at an average annual rate of +20.0% over the period from 2020 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of sunflower seed surged to $16K in 2022. The total export value increased at an average annual rate of +20.0% from 2020 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 20% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Cameroon (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
FranceN/A6.88.119.1%
United States11.3N/AN/A0%
OthersN/A6.88.119.1%
Total11.313.516.219.7%

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

  1. France (10.2 tons)

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

Imports of sunflower seed into Cameroon surged to 1.1 tons in 2022, picking up by 466% against 2021 figures. Over the period under review, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of sunflower seed soared to $4.1K in 2022. In general, imports posted significant growth. 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 Cameroon (USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7168662177973.6%
Bulgaria28958716568333.2%
France5166571676236.5%
Turkey72.083.092.042680.9%
United Arab EmiratesN/AN/A34.0206505.9%
Spain32.011028.011553.2%
Lebanon16.025.08.034.028.6%
Others61.043.066.01,172167.8%
Total1,7022,3717774,05633.6%

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

  1. China (336.0 kg)
  2. Bulgaria (202.0 kg)
  3. France (174.0 kg)
  4. Turkey (119.0 kg)
  5. United Arab Emirates (41.0 kg)
  6. Lebanon (35.0 kg)
  7. Spain (31.0 kg)

Source: IndexBox Market Intelligence Platform

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