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

Contents:

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

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

In 2022, the average import price for sunflower seed amounted to $1,425 per ton, increasing by 13% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 22%. The import price peaked at $1,482 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Argentina ($1,425 per ton) and Bulgaria ($1,425 per ton), while the price for China ($1,425 per ton) and Turkey ($1,425 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+2.2%), 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 Israel (FOB) - 2022

The average export price for sunflower seed stood at $1,180 per ton in 2022, standing approx. at the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 28%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($1,180 per ton) and Canada ($1,180 per ton), while the average price for exports to Turkey ($1,180 per ton) and the Netherlands ($1,180 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+1.7%), 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 Israel

In 2022, purchases abroad of sunflower seed decreased by -0.6% to 14K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 133% against the previous year.

In value terms, imports of sunflower seed expanded rapidly to $20M in 2022. Over the period under review, imports, however, showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 107%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Import of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Israel (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.85.112.614.6163.3%
Bulgaria1.31.41.52.320.9%
United States3.43.72.90.9-35.8%
TurkeyN/A0.80.10.7-6.5%
Argentina0.20.30.50.314.5%
Others0.20.70.31.281.7%
Total5.812.117.920.051.1%

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

  1. China (10.3K tons)
  2. Bulgaria (1.6K tons)
  3. United States (0.6K tons)
  4. Turkey (0.5K tons)
  5. Argentina (0.2K tons)

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

In 2022, the amount of sunflower seed exported from Israel shrank sharply to 1.6K tons, dropping by -22.9% compared with 2021 figures. Overall, exports faced a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 34% against the previous year.

In value terms, exports of sunflower seed contracted rapidly to $1.9M in 2022. Over the period under review, exports recorded a noticeable shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 71%. As a result, the exports attained the peak of $2.5M, and then contracted sharply in the following year.

Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States7355391,5191,46825.9%
Netherlands95.0N/A14.027742.9%
Canada64.089.089.083.09.1%
Turkey31.0N/A11929.0-2.2%
United Kingdom65.0187N/A2.0-68.7%
Spain1,164595646N/A-25.5%
Others17.039.092.059.051.4%
Total2,1711,4492,4791,918-4.0%

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

  1. United States (1243.6 tons)
  2. Netherlands (234.7 tons)
  3. Canada (70.3 tons)
  4. Turkey (24.6 tons)
  5. United Kingdom (1.7 tons)

Source: IndexBox Market Intelligence Platform

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