Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Lithuania - 2023
Contents:
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Lithuania (CIF) - 2023
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Lithuania (FOB) - 2022
- Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Lithuania
- Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Lithuania
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Lithuania (CIF) - 2023
In October 2023, the average import price for sunflower seed amounted to $1,333 per ton, shrinking by -16.1% against the previous month. Overall, the import price recorded a abrupt slump. The growth pace was the most rapid in March 2023 an increase of 111% m-o-m. The import price peaked at $4,691 per ton in October 2022; however, from November 2022 to October 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($3,831 per ton), while the price for Poland ($708 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 Turkey (+4.0%), 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 Lithuania (FOB) - 2022
In 2022, the average export price for sunflower seed amounted to $3,126 per ton, growing by 43% against the previous year. Over the period under review, the export price saw resilient growth. The most prominent rate of growth was recorded in 2020 an increase of 63% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($16,830 per ton), while the average price for exports to Estonia ($1,175 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 Russia (+21.1%), 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 Lithuania
In 2022, the amount of sunflower seed imported into Lithuania surged to 7.8K tons, growing by 27% compared with 2021. The total import volume increased at an average annual rate of +2.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of sunflower seed soared to $16M in 2022. Over the period under review, imports posted a significant expansion. 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 Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1.2 | 0.3 | 1.9 | 6.0 | 71.0% |
| Bulgaria | 2.6 | 2.6 | 3.1 | 4.3 | 18.3% |
| Moldova | 1.8 | 1.9 | 1.2 | 3.3 | 22.4% |
| Germany | N/A | 0.3 | 0.5 | 0.6 | 41.4% |
| Ukraine | 0.3 | 0.7 | 0.9 | 0.4 | 10.1% |
| Poland | 0.1 | 0.2 | 0.2 | 0.3 | 44.2% |
| Russia | N/A | 0.2 | 0.2 | 0.3 | 22.5% |
| Estonia | 0.2 | 0.3 | 0.3 | 0.2 | 0.0% |
| Others | 0.9 | 1.1 | 0.4 | 0.5 | -17.8% |
| Total | 7.1 | 7.7 | 8.6 | 15.7 | 30.3% |
Top Suppliers of Oil Seeds; Sunflower Seeds, Whether or Not Broken to Lithuania in 2022:
- Bulgaria (2957.0 tons)
- Moldova (2670.2 tons)
- Ukraine (443.0 tons)
- Germany (402.5 tons)
- France (376.0 tons)
- Russia (238.9 tons)
- Poland (224.4 tons)
- Estonia (157.2 tons)
Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Lithuania
In 2022, the amount of sunflower seed exported from Lithuania surged to 3.4K tons, picking up by 58% on the year before. In general, exports, however, faced a significant decline.
In value terms, exports of sunflower seed soared to $11M in 2022. Overall, exports saw a prominent increase. The pace of growth appeared the most rapid in 2020 when exports increased by 136%. As a result, the exports reached the peak of $15M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 1,170 | 741 | 1,891 | 5,545 | 68.0% |
| Latvia | 403 | 537 | 1,076 | 1,516 | 55.5% |
| Finland | 168 | 187 | 474 | 681 | 59.4% |
| Sweden | 283 | 257 | 150 | 535 | 23.6% |
| Denmark | 229 | 360 | 289 | 440 | 24.3% |
| Austria | N/A | N/A | 110 | 407 | 270.0% |
| Poland | 17.2 | 45.6 | 102 | 368 | 177.6% |
| Estonia | 296 | 133 | 186 | 317 | 2.3% |
| Netherlands | N/A | 12,010 | 0.4 | 1.9 | -98.7% |
| Bulgaria | 1,437 | N/A | N/A | N/A | 0% |
| Greece | 1,454 | N/A | N/A | N/A | 0% |
| Others | 838 | 617 | 478 | 959 | 4.6% |
| Total | 6,295 | 14,886 | 4,756 | 10,770 | 19.6% |
Top Export Markets for Oil Seeds; Sunflower Seeds, Whether or Not Broken from Lithuania in 2022:
- Latvia (936.3 tons)
- Sweden (429.7 tons)
- Finland (400.2 tons)
- Russia (329.5 tons)
- Austria (292.3 tons)
- Estonia (269.9 tons)
- Poland (244.2 tons)
- Denmark (185.2 tons)
- Netherlands (1.0 tons)
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This report provides an in-depth analysis of the sunflower seed market in Lithuania.
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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 Lithuania.
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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
