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

Contents:

  1. Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in France (FOB) - 2023
  2. Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in France (CIF) - 2023
  3. Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in France
  4. Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in France

Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in France (FOB) - 2023

The average export price for sunflower seed stood at $4,113 per ton in October 2023, picking up by 600% against the previous month. In general, the export price continues to indicate a remarkable increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was Serbia ($19,375 per ton), while the average price for exports to the UK ($661 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in France (CIF) - 2023

In October 2023, the average import price for sunflower seed amounted to $9,787 per ton, picking up by 333% against the previous month. Over the period under review, the import price continues to indicate a resilient increase. The pace of growth appeared the most rapid in May 2023 an increase of 719% against the previous month. The import price peaked in October 2023.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the United States ($12,820 per ton), while the price for Moldova ($501 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Romania (+20.5%), 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 France

In 2022, the amount of sunflower seed exported from France skyrocketed to 657K tons, picking up by 41% on the previous year's figure. Overall, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +10.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.1% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of sunflower seed surged to $688M in 2022. Over the period under review, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +19.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.2% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain10289.010316717.9%
Netherlands1.16.933.697.0345.1%
Germany27.822.543.793.249.7%
Belgium30.138.047.071.133.2%
Portugal2.40.621.125.9121.0%
United Kingdom4.14.78.48.226.0%
Others237279247226-1.6%
Total40444150468819.4%

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

  1. Spain (214.1K tons)
  2. Netherlands (129.2K tons)
  3. Germany (128.4K tons)
  4. Belgium (116.8K tons)
  5. Portugal (33.3K tons)
  6. United Kingdom (10.9K tons)

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

In 2022, supplies from abroad of sunflower seed decreased by -10.2% to 181K tons, falling for the second year in a row after two years of growth. Overall, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 1%. As a result, imports attained the peak of 312K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of sunflower seed totaled $227M in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 15% against the previous year. As a result, imports attained the peak of $267M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Oil Seeds; Sunflower Seeds, Whether or Not Broken in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania79.580.883.158.0-10.0%
Ukraine0.20.40.255.3551.5%
Spain16.529.934.125.916.2%
United States48.533.424.118.0-28.1%
Bulgaria13.97.316.311.0-7.5%
Germany2.24.35.57.651.2%
Moldova0.2N/AN/A5.5201.8%
Argentina18.623.21.01.6-55.9%
United Kingdom2.84.40.40.2-58.5%
Others50.282.961.244.2-4.2%
Total233267226227-0.9%

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

  1. Ukraine (78.7K tons)
  2. Romania (51.8K tons)
  3. Spain (18.2K tons)
  4. Bulgaria (7.9K tons)
  5. Germany (5.7K tons)
  6. Moldova (4.0K tons)
  7. United States (3.0K tons)
  8. Argentina (0.6K tons)
  9. United Kingdom (0.4K tons)

Source: IndexBox Market Intelligence Platform

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