Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Finland - 2023
Contents:
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Finland (CIF) - 2023
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Finland (FOB) - 2022
- Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Finland
- Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Finland
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Finland (CIF) - 2023
In October 2023, the average import price for sunflower seed amounted to $947 per ton, declining by -27.5% against the previous month. In general, the import price showed a pronounced decrease. The growth pace was the most rapid in March 2023 when the average import price increased by 28% month-to-month. The import price peaked at $2,113 per ton in April 2023; however, from May 2023 to October 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was Moldova ($963 per ton), while the price for Ukraine stood at $888 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Finland (FOB) - 2022
In 2022, the average export price for sunflower seed amounted to $1,603 per ton, increasing by 35% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices attained the maximum at $1,882 per ton in 2013; however, from 2014 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 Estonia ($2,175 per ton), while the average price for exports to Lithuania ($1,122 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 Latvia (+3.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Finland
Imports of sunflower seed into Finland skyrocketed to 15K tons in 2022, increasing by 22% on 2021. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +25.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +96.2% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 74%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of sunflower seed skyrocketed to $19M in 2022. In general, imports enjoyed a significant expansion. 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 Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | 5.4 | 5.0 | 4.7 | 9.8 | 22.0% |
| Estonia | 1.3 | 2.4 | 4.1 | 4.8 | 54.6% |
| Lithuania | 0.2 | 0.2 | 0.5 | 1.1 | 76.5% |
| Germany | 0.2 | 0.4 | 0.9 | 1.1 | 76.5% |
| Denmark | 0.4 | 0.5 | 0.8 | 1.0 | 35.7% |
| Netherlands | 0.1 | 0.4 | 0.4 | 0.6 | 81.7% |
| Sweden | 0.2 | 0.4 | 0.4 | 0.4 | 26.0% |
| Moldova | N/A | N/A | N/A | 0.3 | 0% |
| Ukraine | 1.2 | N/A | 0.1 | N/A | -71.1% |
| Others | 0.1 | 0.1 | 0.2 | 0.3 | 44.2% |
| Total | 9.2 | 9.5 | 12.1 | 19.4 | 28.2% |
Top Suppliers of Oil Seeds; Sunflower Seeds, Whether or Not Broken to Finland in 2022:
- Bulgaria (8.0K tons)
- Estonia (4.3K tons)
- Denmark (0.9K tons)
- Lithuania (0.7K tons)
- Netherlands (0.4K tons)
- Germany (0.4K tons)
- Moldova (0.3K tons)
- Sweden (0.2K tons)
Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Finland
In 2022, approx. 367 tons of sunflower seed were exported from Finland; with a decrease of -41% compared with the year before. In general, exports recorded a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 183%. As a result, the exports reached the peak of 621 tons, and then fell remarkably in the following year.
In value terms, exports of sunflower seed dropped sharply to $588K in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 259% against the previous year. As a result, the exports attained the peak of $738K, and then declined significantly in the following year.
| Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 364 | 46.6 | 495 | 508 | 11.8% |
| Estonia | 138 | 75.7 | 91.8 | 54.9 | -26.5% |
| Latvia | 64.7 | 73.6 | 110 | 12.9 | -41.6% |
| Lithuania | 2.9 | 3.4 | 31.8 | 10.4 | 53.1% |
| Others | 3.2 | 6.2 | 9.3 | 1.6 | -20.6% |
| Total | 573 | 206 | 738 | 588 | 0.9% |
Top Export Markets for Oil Seeds; Sunflower Seeds, Whether or Not Broken from Finland in 2022:
- Sweden (324.7 tons)
- Estonia (25.3 tons)
- Lithuania (9.2 tons)
- Latvia (7.2 tons)
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This report provides an in-depth analysis of the sunflower seed market in Finland.
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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 Finland.
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This report provides an in-depth analysis of the global sunflower seed market.
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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
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Indonesia dominates in the global oil crop trade. In 2014, Indonesia exported X million tons of oil crops totaling X billion USD, X% over the previous year. Its primary trading partner was India, where it supplied X% of its total oil crop exports
