Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Portugal - 2023
Contents:
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Portugal (CIF) - 2023
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Portugal (FOB) - 2023
- Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Portugal
- Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Portugal
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Portugal (CIF) - 2023
In October 2023, the average import price for sunflower seed amounted to $595 per ton, with an increase of 20% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The import price peaked at $715 per ton in November 2022; however, from December 2022 to October 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Austria ($3,826 per ton), while the price for Spain ($513 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 Austria (+4.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Portugal (FOB) - 2023
The average export price for sunflower seed stood at $1,097 per ton in October 2023, shrinking by -52.5% against the previous month. In general, the export price saw a mild downturn. The pace of growth was the most pronounced in January 2023 an increase of 133% m-o-m. The export price peaked at $9,496 per ton in March 2023; however, from April 2023 to October 2023, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Spain.
From October 2022 to October 2023, the rate of growth in terms of prices for Belgium amounted to 0.0% per month.
Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Portugal
In 2022, overseas purchases of sunflower seed increased by 74% to 299K tons for the first time since 2019, thus ending a two-year declining trend. Overall, total imports indicated a pronounced increase from 2019 to 2022: its volume increased at an average annual rate of +4.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 $237M in 2022. In general, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 87.6 | 44.2 | 55.3 | 99.4 | 4.3% |
| Ukraine | N/A | N/A | N/A | 34.7 | 0% |
| Argentina | N/A | N/A | 13.8 | 32.0 | 131.9% |
| France | 3.7 | 0.4 | 21.3 | 26.1 | 91.8% |
| Germany | 0.2 | 0.3 | 20.0 | 25.6 | 404.0% |
| Netherlands | 0.1 | 7.3 | 0.8 | 10.8 | 376.2% |
| Moldova | N/A | N/A | N/A | 4.6 | 0% |
| Spain | 5.8 | 1.9 | 2.8 | 2.9 | -20.6% |
| Bulgaria | 0.1 | 19.9 | 0.3 | 0.7 | 91.3% |
| Russia | 1.1 | 16.8 | N/A | N/A | 1427.3% |
| Others | 0.1 | 0.1 | 0.3 | 0.4 | 58.7% |
| Total | 98.6 | 90.8 | 115 | 237 | 34.0% |
Top Suppliers of Oil Seeds; Sunflower Seeds, Whether or Not Broken to Portugal in 2022:
- Romania (130.2K tons)
- Ukraine (39.2K tons)
- Germany (36.5K tons)
- France (33.4K tons)
- Argentina (32.2K tons)
- Netherlands (14.6K tons)
- Moldova (6.3K tons)
- Spain (5.1K tons)
- Bulgaria (0.7K tons)
Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Portugal
Exports of sunflower seed from Portugal fell dramatically to 372 tons in 2022, which is down by -85.7% on the year before. In general, exports saw a dramatic shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 97%.
In value terms, exports of sunflower seed reduced dramatically to $639K in 2022. Overall, exports recorded a sharp decline. The growth pace was the most rapid in 2021 with an increase of 76% against the previous year.
| Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1,960 | 625 | 2,403 | 387 | -41.8% |
| France | 362 | 61.3 | 175 | 151 | -25.3% |
| Switzerland | 0.5 | 0.3 | 0.1 | 36.2 | 316.8% |
| Angola | 9.2 | 12.2 | 20.2 | 28.3 | 45.4% |
| Germany | N/A | N/A | 42.2 | 14.0 | -66.8% |
| Ireland | 1,919 | 788 | N/A | 5.9 | -85.5% |
| Others | 41.1 | 21.2 | 12.4 | 16.1 | -26.8% |
| Total | 4,291 | 1,508 | 2,653 | 639 | -47.0% |
Top Export Markets for Oil Seeds; Sunflower Seeds, Whether or Not Broken from Portugal in 2022:
- Spain (311.4 tons)
- Germany (19.1 tons)
- France (14.2 tons)
- Angola (10.2 tons)
- Switzerland (9.5 tons)
- Ireland (2.1 tons)
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This report provides an in-depth analysis of the sunflower seed market in Portugal.
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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 Portugal.
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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
