Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Guatemala - 2023
Contents:
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Guatemala (CIF) - 2022
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Guatemala (FOB) - 2022
- Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Guatemala
- Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Guatemala
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Guatemala (CIF) - 2022
The average import price for sunflower seed stood at $1,098 per ton in 2022, with a decrease of -3% against the previous year. Overall, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% 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 +51.1% against 2016 indices. The pace of growth appeared the most rapid in 2013 an increase of 29%. The import price peaked at $1,137 per ton in 2015; afterwards, it flattened through to 2022.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($4,188 per ton), while the price for Argentina ($1,018 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Guatemala (FOB) - 2022
In 2022, the average export price for sunflower seed amounted to $2,824 per ton, growing by 94% against the previous year. Over the period under review, the export price showed a buoyant increase. The pace of growth was the most pronounced in 2019 when the average export price increased by 107%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Panama ($5,701 per ton), while the average price for exports to Honduras ($1,893 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 El Salvador (+14.3%), 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 Guatemala
In 2022, imports of sunflower seed into Guatemala rose sharply to 813 tons, surging by 8.8% on the previous year. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 9.2%. As a result, imports attained the peak of 880 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of sunflower seed rose rapidly to $893K in 2022. The total import value increased at an average annual rate of +7.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 16%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Argentina | 512 | 627 | 705 | 773 | 14.7% |
Canada | 15.1 | 42.7 | N/A | 39.7 | 38.0% |
Others | 192 | 163 | 141 | 80.7 | -25.1% |
Total | 719 | 834 | 846 | 893 | 7.5% |
Top Suppliers of Oil Seeds; Sunflower Seeds, Whether or Not Broken to Guatemala in 2022:
- Argentina (759.2 tons)
- Canada (34.0 tons)
Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Guatemala
For the third consecutive year, Guatemala recorded decline in shipments abroad of sunflower seed, which decreased by -35.8% to 14 tons in 2022. Overall, exports recorded a significant contraction. The smallest decline of -10.9% was in 2020.
In value terms, exports of sunflower seed skyrocketed to $38K in 2022. In general, exports faced a abrupt setback.
Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Guatemala (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
El Salvador | 17.8 | 26.7 | 23.2 | 23.6 | 9.9% |
Honduras | 38.5 | 18.9 | 4.8 | 14.0 | -28.6% |
Panama | 16.8 | 14.6 | N/A | 1.0 | -61.0% |
Nicaragua | 1.5 | 3.2 | 2.8 | N/A | 36.6% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 74.5 | 63.4 | 30.8 | 38.5 | -19.8% |
Top Export Markets for Oil Seeds; Sunflower Seeds, Whether or Not Broken from Guatemala in 2022:
- Honduras (7.4 tons)
- El Salvador (6.1 tons)
- Panama (0.2 tons)
This report provides an in-depth analysis of the sunflower seed market in Guatemala.
This report provides an in-depth analysis of the global sunflower seed market.
This report provides an in-depth analysis of the sunflower seed market in Guatemala.
This report provides an in-depth analysis of the global sunflower seed market.
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