Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Paraguay - 2024

Contents:

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

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

In 2022, the average import price for sunflower seed amounted to $2,092 per ton, flattening at the previous year. Overall, the import price, however, recorded a slight shrinkage. The pace of growth was the most pronounced in 2015 when the average import price increased by 29%. Over the period under review, average import prices attained the maximum at $2,337 per ton in 2012; however, from 2013 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 Argentina ($2,268 per ton), while the price for Brazil ($1,322 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+16.1%), 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 Paraguay (FOB) - 2022

In 2022, the average export price for sunflower seed amounted to $203 per ton, declining by -62.7% against the previous year. Over the period under review, the export price continues to indicate a deep downturn. The growth pace was the most rapid in 2015 when the average export price increased by 42% against the previous year. The export price peaked at $1,001 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Argentina amounted to +27.7% per year.

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

In 2022, purchases abroad of sunflower seed decreased by -11.7% to 175 tons, falling for the second consecutive year after two years of growth. In general, imports showed a deep reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 5.5% against the previous year. As a result, imports reached the peak of 253 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of sunflower seed reduced to $366K in 2022. Over the period under review, imports continue to indicate a pronounced slump. The pace of growth was the most pronounced in 2020 when imports increased by 9.5% against the previous year. As a result, imports reached the peak of $440K. 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 Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina2713213053043.9%
Brazil6.314.921.034.676.4%
Russia45.016.58.726.0-16.7%
Uruguay20.226.329.0N/A19.8%
Bolivia49.752.446.7N/A-3.1%
Others9.39.13.52.2-38.2%
Total402440414366-3.1%

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

  1. Argentina (133.9 tons)
  2. Brazil (26.1 tons)
  3. Russia (14.5 tons)

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

In 2022, approx. 400 tons of sunflower seed were exported from Paraguay; jumping by 100% on the previous year's figure. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of sunflower seed fell notably to $81K in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +14.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 47% against the previous year. As a result, the exports reached the peak of $108K, and then shrank rapidly in the following year.

Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil14.226.532.381.178.7%
Netherlands10.615.421.9N/A43.7%
Argentina27.731.230.9N/A5.6%
Others1.70.923.3N/A270.2%
Total54.274.010881.114.4%

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

  1. Brazil (399.8 tons)

Source: IndexBox Market Intelligence Platform

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