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

Contents:

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

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

The average import price for sunflower seed stood at $1,262 per ton in 2022, surging by 59% against the previous year. Overall, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for sunflower seed increased by +71.0% against 2018 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bulgaria ($1,796 per ton), while the price for the United States ($1,145 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+9.3%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for sunflower seed stood at $552 per ton in 2022, dropping by -8.2% against the previous year. Over the period under review, the export price continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2016 an increase of 33%. Over the period under review, the average export prices attained the maximum at $3,073 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($1,219 per ton), while the average price for exports to Panama ($185 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 Japan (-6.7%), while the prices for the other major destinations experienced a decline.

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

In 2022, supplies from abroad of sunflower seed decreased by -19.4% to 553 tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a noticeable slump. The most prominent rate of growth was recorded in 2020 with an increase of 16% against the previous year. As a result, imports attained the peak of 740 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of sunflower seed skyrocketed to $697K in 2022. The total import value increased at an average annual rate of +13.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina14612228044645.1%
Bulgaria43.612810813646.1%
UruguayN/AN/AN/A57.40%
United States17.434.411.857.348.8%
Canada20611524.0N/A-65.9%
Others68.31811201.0-75.5%
Total48157954469713.2%

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

  1. Argentina (380.9 tons)
  2. Bulgaria (75.5 tons)
  3. United States (50.0 tons)
  4. Uruguay (46.0 tons)

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

In 2022, the amount of sunflower seed exported from Costa Rica declined slightly to 3.9 tons, shrinking by -3.5% on 2021. Overall, exports showed a precipitous decline. The most prominent rate of growth was recorded in 2021 with an increase of 2.4% against the previous year.

In value terms, exports of sunflower seed reduced to $2.1K in 2022. Over the period under review, exports showed a significant curtailment.

Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nicaragua14.53.52.22.0-48.3%
Panama0.50.10.10.1-41.5%
Others0.40.10.1N/A-50.0%
Total15.43.72.42.1-48.5%

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

  1. Nicaragua (3.5 tons)
  2. Panama (0.4 tons)

Source: IndexBox Market Intelligence Platform

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