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

Contents:

  1. Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Slovenia (CIF) - 2022
  2. Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Slovenia (FOB) - 2023
  3. Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Slovenia
  4. Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Slovenia

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

The average import price for sunflower seed stood at $996 per ton in 2022, with a decrease of -8.3% against the previous year. In general, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for sunflower seed increased by +83.4% against 2018 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 43% against the previous year. As a result, import price attained the peak level of $1,086 per ton, and then shrank in the following year.

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 Hungary ($2,973 per ton), while the price for Bosnia and Herzegovina ($703 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+16.2%), 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 Slovenia (FOB) - 2023

The average export price for sunflower seed stood at $768 per ton in September 2023, dropping by -21.7% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in August 2023 an increase of 76% m-o-m. As a result, the export price reached the peak level of $981 per ton, and then declined sharply in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Italy ($1,051 per ton), while the average price for exports to Austria ($426 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+5.0%), while the prices for the other major destinations experienced a decline.

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

Imports of sunflower seed into Slovenia soared to 2.9K tons in 2022, jumping by 77% against the year before. In general, imports recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 126%. As a result, imports reached the peak of 3.5K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of sunflower seed surged to $2.8M in 2022. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 140%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ukraine3.8N/AN/A691466.5%
Bulgaria3263125244158.4%
Austria11315125541053.7%
Croatia3831,437491361-2.0%
Serbia2.5319153303394.9%
Poland1.540.261.9216424.1%
Bosnia and HerzegovinaN/AN/AN/A1720%
Germany54.159.068.290.318.6%
Hungary69.918460.929.1-25.3%
Others1561571401560.0%
Total1,1092,6591,7542,84436.9%

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

  1. Ukraine (967.8 tons)
  2. Bulgaria (434.8 tons)
  3. Serbia (398.8 tons)
  4. Austria (349.4 tons)
  5. Bosnia and Herzegovina (244.4 tons)
  6. Croatia (200.1 tons)
  7. Poland (124.7 tons)
  8. Germany (58.1 tons)
  9. Hungary (9.8 tons)

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

Exports of sunflower seed from Slovenia surged to 2.3K tons in 2022, rising by 234% against 2021 figures. Overall, exports recorded a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 724%. As a result, the exports reached the peak of 3.4K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of sunflower seed surged to $1.9M in 2022. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 575% against the previous year. As a result, the exports reached the peak of $2M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy46.08693041,334207.2%
Austria78.312734.225047.3%
Croatia137191103122-3.8%
HungaryN/AN/AN/A68.50%
Czech RepublicN/AN/AN/A64.90%
Others33.980783.925.6-8.9%
Total2951,9945251,86584.9%

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

  1. Italy (1684.9 tons)
  2. Austria (330.6 tons)
  3. Czech Republic (98.1 tons)
  4. Hungary (95.6 tons)
  5. Croatia (66.8 tons)

Source: IndexBox Market Intelligence Platform

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