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

Contents:

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

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

The average import price for sunflower seed stood at $1,770 per ton in 2022, rising by 18% against the previous year. In general, the import price saw prominent growth. The pace of growth was the most pronounced in 2021 an increase of 247%. The import price peaked in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Romania ($5,274 per ton), while the price for Ukraine ($1,095 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+30.8%), 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 Morocco (FOB) - 2022

The average export price for sunflower seed stood at $578 per ton in 2022, falling by -8.8% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 208%. As a result, the export price reached the peak level of $3,694 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for France.

From 2012 to 2022, the rate of growth in terms of prices for Tunisia amounted to -2.2% per year.

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

In 2022, approx. 5.2K tons of sunflower seed were imported into Morocco; with an increase of 117% against the year before. In general, imports saw a significant increase. The growth pace was the most rapid in 2020 when imports increased by 2,488%. As a result, imports reached the peak of 46K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of sunflower seed soared to $9.3M in 2022. Over the period under review, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 940%. As a result, imports attained the peak of $20M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Morocco (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.30.51.65.4162.1%
United States0.30.10.61.778.3%
Bulgaria0.42.10.41.244.2%
Argentina0.70.80.20.4-17.0%
Turkey0.10.30.50.344.2%
RussiaN/A2.3N/AN/A0%
SerbiaN/A2.4N/AN/A0%
Others0.111.50.30.344.2%
Total1.920.03.69.369.8%

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

  1. China (2683.8 tons)
  2. United States (1163.3 tons)
  3. Bulgaria (734.9 tons)
  4. Argentina (305.1 tons)
  5. Turkey (245.7 tons)

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

In 2022, exports of sunflower seed from Morocco soared to 127 tons, jumping by 30,834% on 2021 figures. Over the period under review, exports continue to indicate a noticeable expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of sunflower seed soared to $73K in 2022. Overall, exports enjoyed a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France0.1N/A0.271.7795.0%
Tunisia61.0N/AN/AN/A0%
OthersN/AN/AN/A1.40%
Total61.1N/A0.373.16.2%

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

  1. France (126.1 tons)

Source: IndexBox Market Intelligence Platform

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