Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Italy - 2023
Contents:
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Italy (CIF) - 2023
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Italy (FOB) - 2023
- Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Italy
- Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Italy
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Italy (CIF) - 2023
The average import price for sunflower seed stood at $1,797 per ton in October 2023, increasing by 288% against the previous month. Overall, the import price enjoyed prominent growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Turkey ($4,203 per ton), while the price for Ukraine ($431 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 Egypt (+2.9%), 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 Italy (FOB) - 2023
In October 2023, the average export price for sunflower seed amounted to $2,383 per ton, increasing by 50% against the previous month. Over the period under review, the export price, however, continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in December 2022 an increase of 492% m-o-m. Over the period under review, the average export prices reached the maximum at $15,532 per ton in July 2023; however, from August 2023 to October 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($3,684 per ton), while the average price for exports to Israel amounted to $2,220 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+18.5%), 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 Italy
In 2022, the amount of sunflower seed imported into Italy declined to 142K tons, shrinking by -8% compared with the year before. Over the period under review, imports showed a drastic downturn. The smallest decline of -6.5% was in 2021.
In value terms, imports of sunflower seed skyrocketed to $155M in 2022. The total import value increased at an average annual rate of +8.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 26.7 | 16.1 | 22.8 | 39.3 | 13.8% |
| Hungary | 30.2 | 33.0 | 50.7 | 26.9 | -3.8% |
| Netherlands | 2.1 | 2.5 | 1.0 | 22.5 | 120.5% |
| Austria | 1.5 | 1.5 | 1.4 | 15.0 | 115.4% |
| France | 5.6 | 4.8 | 11.4 | 11.7 | 27.8% |
| Croatia | 7.3 | 6.8 | 13.2 | 11.6 | 16.7% |
| Bulgaria | 5.4 | 6.5 | 4.2 | 4.8 | -3.9% |
| Greece | 17.2 | 4.5 | 1.0 | 4.5 | -36.0% |
| Slovenia | 3.7 | 0.9 | 0.3 | 1.5 | -26.0% |
| Russia | 6.2 | 5.8 | N/A | N/A | -6.5% |
| Others | 14.9 | 22.2 | 20.8 | 16.8 | 4.1% |
| Total | 121 | 105 | 127 | 155 | 8.6% |
Top Suppliers of Oil Seeds; Sunflower Seeds, Whether or Not Broken to Italy in 2022:
- Romania (35.4K tons)
- Hungary (32.1K tons)
- Austria (19.9K tons)
- Croatia (16.7K tons)
- Netherlands (12.8K tons)
- Greece (5.1K tons)
- France (4.5K tons)
- Bulgaria (3.7K tons)
- Slovenia (2.0K tons)
Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Italy
In 2022, exports of sunflower seed from Italy amounted to 6K tons, increasing by 6.4% against the year before. In general, exports, however, continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 33%.
In value terms, exports of sunflower seed amounted to $55M in 2022. Over the period under review, exports, however, showed a mild reduction. The pace of growth appeared the most rapid in 2021 with an increase of 67%.
| Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | 4.0 | 5.5 | 12.2 | 17.2 | 62.6% |
| Austria | 13.9 | 2.9 | 9.9 | 14.6 | 1.7% |
| France | 4.1 | 1.8 | 4.9 | 5.2 | 8.2% |
| Spain | 8.2 | 3.4 | 7.4 | 4.7 | -16.9% |
| Hungary | 5.0 | 1.6 | 0.6 | 4.2 | -5.6% |
| Romania | 12.2 | 6.0 | 4.3 | 3.2 | -36.0% |
| Greece | 2.4 | 1.9 | 2.3 | 1.6 | -12.6% |
| Ukraine | 2.0 | 0.9 | 1.3 | 1.0 | -20.6% |
| Serbia | 2.5 | 2.2 | 4.6 | 0.8 | -31.6% |
| Germany | 0.5 | 0.2 | 0.3 | 0.8 | 17.0% |
| Sweden | 0.5 | 0.4 | 0.5 | 0.6 | 6.3% |
| Others | 3.3 | 3.8 | 2.9 | 1.5 | -23.1% |
| Total | 58.6 | 30.6 | 51.0 | 55.3 | -1.9% |
Top Export Markets for Oil Seeds; Sunflower Seeds, Whether or Not Broken from Italy in 2022:
- Bulgaria (1341.6 tons)
- France (1137.8 tons)
- Austria (829.0 tons)
- Spain (743.9 tons)
- Sweden (363.4 tons)
- Hungary (358.4 tons)
- Romania (249.5 tons)
- Germany (216.7 tons)
- Greece (188.9 tons)
- Ukraine (148.1 tons)
- Serbia (73.0 tons)
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This report provides an in-depth analysis of the sunflower seed market in Italy.
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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 Italy.
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This report provides an in-depth analysis of the global sunflower seed market.
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In January 2023, the sunflower seed price amounted to $956 per ton (CIF, Italy), reducing by -18.5% against the previous month.
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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
