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

Contents:

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

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

In 2022, the average import price for sunflower seed amounted to $3,929 per ton, picking up by 22% against the previous year. Overall, the import price continues to indicate prominent growth. The pace of growth appeared the most rapid in 2013 an increase of 88%. The import price peaked at $3,977 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($4,251 per ton), while the price for India ($1,425 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for sunflower seed stood at $1,205 per ton in 2022, which is down by -20% against the previous year. Over the period under review, the export price saw a mild decline. The most prominent rate of growth was recorded in 2018 an increase of 22%. Over the period under review, the average export prices attained the maximum at $1,507 per ton in 2021, and then shrank sharply in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($2,731 per ton), while the average price for exports to Qatar amounted to $1,180 per ton.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+9.1%).

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

After three years of growth, supplies from abroad of sunflower seed decreased by -8.5% to 1.1K tons in 2022. The total import volume increased at an average annual rate of +6.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 27%.

In value terms, imports of sunflower seed rose markedly to $4.2M in 2022. The total import value increased at an average annual rate of +6.0% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 21% against the previous year. As a result, imports reached the peak of $4.2M; afterwards, it flattened through to 2022.

Import of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Oman (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates3.44.13.34.05.6%
ChinaN/AN/A0.30.1-66.7%
IndiaN/AN/AN/AN/A0%
PakistanN/AN/AN/AN/A0%
Others0.10.10.1N/A0.0%
Total3.54.23.74.26.3%

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

  1. United Arab Emirates (936.9 tons)
  2. China (87.9 tons)
  3. India (13.3 tons)

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

In 2022, exports of sunflower seed from Oman expanded sharply to 88 tons, surging by 7.1% on 2021 figures. Over the period under review, exports, however, showed a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 7.5% against the previous year.

In value terms, exports of sunflower seed fell to $106K in 2022. Overall, exports, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 20%.

Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar12293.383.4101-6.1%
United Arab Emirates15.89.826.73.8-37.8%
YemenN/AN/A13.2N/A0%
OthersN/AN/AN/A0.60%
Total138103123106-8.4%

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

  1. Qatar (85.8 tons)
  2. United Arab Emirates (1.4 tons)

Source: IndexBox Market Intelligence Platform

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