Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Kazakhstan - 2022

Contents:

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

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

In 2022, the average export price for sunflower seed amounted to $494 per ton, growing by 5.7% against the previous year. In general, export price indicated notable growth 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, export price for sunflower seed increased by +73.7% against 2018 indices. The most prominent rate of growth was recorded in 2021 an increase of 46%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($659 per ton), while the average price for exports to Tajikistan ($415 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 Turkey (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for sunflower seed stood at $813 per ton in 2022, with a decrease of -10.5% against the previous year. In general, the import price recorded a mild decline. The pace of growth appeared the most rapid in 2017 when the average import price increased by 177%. As a result, import price reached the peak level of $1,793 per ton. From 2018 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($8,652 per ton), while the price for Russia amounted to $633 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-0.4%).

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

In 2022, overseas shipments of sunflower seed were finally on the rise to reach 347K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a abrupt curtailment.

In value terms, exports of sunflower seed surged to $172M in 2022. In general, exports showed a tangible increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Kazakhstan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China72.532.725.291.38.0%
Uzbekistan75.835.824.068.2-3.5%
TurkeyN/A1.79.54.766.3%
Tajikistan3.53.12.43.3-1.9%
Others4.13.57.54.20.8%
Total15676.968.71723.3%

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

  1. China (190.1K tons)
  2. Uzbekistan (136.0K tons)
  3. Tajikistan (8.0K tons)
  4. Turkey (7.1K tons)

Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Kazakhstan

In 2022, the amount of sunflower seed imported into Kazakhstan skyrocketed to 148K tons, increasing by 183% compared with the year before. In general, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of sunflower seed surged to $120M in 2022. Overall, imports recorded a significant increase. 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 Kazakhstan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia19.315.530.091.067.7%
Turkey4.96.18.216.850.8%
Others8.26.49.212.214.2%
Total32.428.047.412054.7%

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

  1. Russia (143.8K tons)
  2. Turkey (1.9K tons)

Source: IndexBox Market Intelligence Platform

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