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

Contents:

  1. Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Germany (CIF) - 2022
  2. Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Germany (FOB) - 2023
  3. Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Germany
  4. Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Germany

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

In 2022, the average import price for sunflower seed amounted to $948 per ton, with an increase of 14% against the previous year. Overall, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.1% 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 +70.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 25%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($1,467 per ton), while the price for the Netherlands ($460 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+8.2%), 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 Germany (FOB) - 2023

The average export price for sunflower seed stood at $2,623 per ton in October 2023, growing by 115% against the previous month. Over the period under review, the export price saw prominent growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In October 2023, the country with the highest price was Switzerland ($2,788 per ton), while the average price for exports to Norway stood at $2,231 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+2.1%), 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 Germany

In 2022, purchases abroad of sunflower seed increased by 14% to 361K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a deep reduction.

In value terms, imports of sunflower seed surged to $342M in 2022. The total import value increased at an average annual rate of +11.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bulgaria62.370.893.310619.4%
France31.523.242.181.337.2%
Austria13.017.518.221.317.9%
Romania17.113.515.318.52.7%
Poland5.510.216.118.249.0%
Hungary51.542.015.218.2-29.3%
Netherlands8.419.511.615.422.4%
China7.910.610.112.416.2%
Turkey15.418.713.712.2-7.5%
Czech Republic8.83.85.010.35.4%
Moldova5.75.44.08.514.2%
Slovakia11.47.25.03.6-31.9%
Others11.318.612.715.711.6%
Total25026126234211.0%

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

  1. France (104.9K tons)
  2. Bulgaria (79.6K tons)
  3. Netherlands (33.6K tons)
  4. Czech Republic (22.2K tons)
  5. Hungary (22.1K tons)
  6. Romania (21.7K tons)
  7. Poland (19.8K tons)
  8. Austria (14.5K tons)
  9. Moldova (7.5K tons)
  10. China (6.1K tons)
  11. Turkey (5.6K tons)
  12. Slovakia (4.4K tons)

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

In 2022, shipments abroad of sunflower seed decreased by -6.2% to 24K tons, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +2.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 with an increase of 20%. As a result, the exports reached the peak of 26K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of sunflower seed dropped modestly to $40M in 2022. The total export value increased at an average annual rate of +5.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 22% against the previous year. As a result, the exports reached the peak of $42M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria3.45.46.17.329.0%
France3.65.34.87.226.0%
Netherlands6.37.78.16.51.0%
Switzerland2.22.42.93.010.9%
Belgium3.44.32.62.8-6.3%
Denmark1.41.72.11.910.7%
Poland1.82.14.91.91.8%
Sweden0.70.60.60.98.7%
Czech Republic0.20.60.50.858.7%
Luxembourg0.50.50.60.817.0%
United Kingdom2.03.20.40.3-46.9%
Others8.68.07.76.6-8.4%
Total34.341.941.339.95.2%

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

  1. Austria (5.6K tons)
  2. France (4.6K tons)
  3. Netherlands (4.1K tons)
  4. Switzerland (1.5K tons)
  5. Denmark (1.2K tons)
  6. Poland (1.1K tons)
  7. Belgium (0.9K tons)
  8. Luxembourg (0.6K tons)
  9. Czech Republic (0.5K tons)
  10. Sweden (0.5K tons)
  11. United Kingdom (0.1K tons)

Source: IndexBox Market Intelligence Platform

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