Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Libya - 2022
Contents:
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Libya (CIF) - 2022
- Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Libya
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Libya (CIF) - 2022
The average import price for sunflower seed stood at $1,525 per ton in 2022, picking up by 13% against the previous year. Over the period under review, the import price, however, showed a noticeable downturn. The pace of growth was the most pronounced in 2019 an increase of 26%. The import price peaked at $1,858 per ton in 2012; however, from 2013 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 country with the highest price was Turkey ($1,596 per ton), while the price for China ($1,456 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+11.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Libya
In 2022, approx. 5.4K tons of sunflower seed were imported into Libya; rising by 38% against the year before. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +15.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.7% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of sunflower seed skyrocketed to $8.3M in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Libya (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 3.0 | 3.6 | 2.8 | 3.9 | 9.1% |
Turkey | 0.3 | 0.8 | 2.0 | 3.2 | 120.1% |
United Arab Emirates | N/A | N/A | 0.3 | 1.1 | 266.7% |
Argentina | 0.8 | 0.7 | N/A | N/A | -12.5% |
Others | N/A | 0.1 | 0.2 | N/A | 100.0% |
Total | 4.1 | 5.2 | 5.4 | 8.3 | 26.5% |
Top Suppliers of Oil Seeds; Sunflower Seeds, Whether or Not Broken to Libya in 2022:
- China (2.7K tons)
- Turkey (2.0K tons)
- United Arab Emirates (0.7K tons)
This report provides an in-depth analysis of the sunflower seed market in Libya.
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 Libya.
This report provides an in-depth analysis of the global sunflower seed market.
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.
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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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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