Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Norway - 2024
Contents:
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Norway (CIF) - 2024
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Norway (FOB) - 2022
- Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Norway
- Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Norway
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Norway (CIF) - 2024
The average import price for sunflower seed stood at $1,407 per ton in January 2024, surging by 11% against the previous month. Overall, the import price, however, continues to indicate a mild shrinkage. The pace of growth was the most pronounced in June 2023 when the average import price increased by 14% m-o-m. Over the period under review, average import prices hit record highs at $1,840 per ton in March 2023; however, from April 2023 to January 2024, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Lithuania ($5,065 per ton), while the price for Moldova ($913 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Ukraine (+0.3%), while the prices for the other major suppliers experienced a decline.
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Norway (FOB) - 2022
The average export price for sunflower seed stood at $1,411 per ton in 2022, falling by -1.8% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 45% against the previous year. The export price peaked at $1,701 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($1,506 per ton), while the average price for exports to Bulgaria stood at $837 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+69.6%), 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 Norway
In 2022, imports of sunflower seed into Norway expanded sharply to 15K tons, growing by 12% compared with the previous year. The total import volume increased at an average annual rate of +5.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. 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 $22M in 2022. In general, imports showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 37%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the near future.
| Import of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | 8.4 | 8.7 | 12.0 | 15.4 | 22.4% |
| Austria | 0.9 | 1.0 | 1.4 | 3.2 | 52.6% |
| Ukraine | N/A | N/A | 0.1 | 0.4 | 300.0% |
| Estonia | N/A | N/A | N/A | 0.3 | 0% |
| Hungary | 0.3 | 0.2 | 0.3 | 0.1 | -30.7% |
| Others | 1.3 | 1.8 | 2.2 | 2.3 | 20.9% |
| Total | 10.9 | 11.7 | 16.1 | 21.7 | 25.8% |
Top Suppliers of Oil Seeds; Sunflower Seeds, Whether or Not Broken to Norway in 2022:
- Bulgaria (11.8K tons)
- Austria (1.9K tons)
- Ukraine (0.3K tons)
- Estonia (0.2K tons)
- Hungary (0.1K tons)
Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Norway
In 2022, approx. 153 tons of sunflower seed were exported from Norway; shrinking by -49.4% against 2021. Over the period under review, exports faced a sharp downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 1.5%.
In value terms, exports of sunflower seed fell dramatically to $216K in 2022. In general, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by 47%. As a result, the exports attained the peak of $434K, and then shrank rapidly in the following year.
| Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 275 | 295 | 388 | 197 | -10.5% |
| Bulgaria | 27.4 | N/A | N/A | 17.5 | -13.9% |
| Netherlands | N/A | N/A | 33.7 | N/A | 0% |
| Others | 8.0 | 0.7 | 12.9 | 0.9 | -51.7% |
| Total | 310 | 296 | 434 | 216 | -11.3% |
Top Export Markets for Oil Seeds; Sunflower Seeds, Whether or Not Broken from Norway in 2022:
- Sweden (131.0 tons)
- Bulgaria (20.9 tons)
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This report provides an in-depth analysis of the sunflower seed market in Norway.
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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 Norway.
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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
