Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Hong Kong SAR - 2023
Contents:
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Hong Kong SAR (CIF) - 2022
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Hong Kong SAR (FOB) - 2022
- Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Hong Kong SAR
- Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Hong Kong SAR
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Hong Kong SAR (CIF) - 2022
In 2022, the average import price for sunflower seed amounted to $2,893 per ton, increasing by 3.9% against the previous year. Over the period under review, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.2% 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 +64.0% against 2016 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 17%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the near future.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($4,110 per ton) and Australia ($3,547 per ton), while the price for China ($2,828 per ton) and Taiwan (Chinese) ($3,150 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.4%), 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 Hong Kong SAR (FOB) - 2022
In 2022, the average export price for sunflower seed amounted to $6,011 per ton, with an increase of 58% against the previous year. In general, the export price enjoyed a strong increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 66%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Solomon Islands.
From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +8.7% per year.
Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Hong Kong SAR
Imports of sunflower seed into Hong Kong SAR shrank to 26 tons in 2022, declining by -8.1% against the previous year's figure. Over the period under review, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 78% against the previous year.
In value terms, imports of sunflower seed fell to $75K in 2022. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 93% against the previous year. As a result, imports attained the peak of $79K, and then reduced slightly in the following year.
| Import of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 63.5 | 39.3 | 66.7 | 67.1 | 1.9% |
| Australia | 9.1 | N/A | N/A | 4.1 | -23.3% |
| Taiwan (Chinese) | N/A | N/A | N/A | 2.0 | 0% |
| Germany | 1.2 | 1.4 | 1.9 | 1.8 | 14.5% |
| Spain | N/A | N/A | 10.2 | N/A | 0% |
| Others | 0.7 | N/A | N/A | 0.1 | -47.7% |
| Total | 74.6 | 40.7 | 78.8 | 75.2 | 0.3% |
Top Suppliers of Oil Seeds; Sunflower Seeds, Whether or Not Broken to Hong Kong SAR in 2022:
- China (23.7 tons)
- Australia (1.2 tons)
- Taiwan (Chinese) (0.6 tons)
- Germany (0.4 tons)
Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Hong Kong SAR
In 2022, the amount of sunflower seed exported from Hong Kong SAR shrank notably to 348 kg, with a decrease of -98.9% on 2021. Overall, exports saw a sharp decline. The pace of growth was the most pronounced in 2021 when exports increased by 519%. As a result, the exports reached the peak of 32 tons, and then declined notably in the following year.
In value terms, exports of sunflower seed reduced remarkably to $2.1K in 2022. In general, exports faced a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 803%. As a result, the exports attained the peak of $122K, and then fell notably in the following year.
| Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Solomon Islands | 4.8 | 3.9 | 81.5 | 2.1 | -24.1% |
| South Korea | 15.2 | N/A | N/A | N/A | 0% |
| France | N/A | N/A | 40.7 | N/A | 0% |
| Singapore | 24.0 | 9.7 | N/A | N/A | -59.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 44.0 | 13.5 | 122 | 2.1 | -63.7% |
Top Export Markets for Oil Seeds; Sunflower Seeds, Whether or Not Broken from Hong Kong SAR in 2022:
- Solomon Islands (348.0 kg)
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This report provides an in-depth analysis of the sunflower seed market in Hong Kong SAR, China.
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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 Hong Kong SAR, China.
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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
