Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in South Africa - 2023
Contents:
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in South Africa (CIF) - 2022
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in South Africa (FOB) - 2022
- Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in South Africa
- Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in South Africa
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in South Africa (CIF) - 2022
The average import price for sunflower seed stood at $649 per ton in 2022, with a decrease of -32.6% against the previous year. Over the period under review, the import price recorded a mild decline. The most prominent rate of growth was recorded in 2018 an increase of 296% against the previous year. The import price peaked at $1,993 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 Spain ($2,249 per ton), while the price for Botswana ($526 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malawi (+0.1%), while the prices for the other major suppliers experienced a decline.
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in South Africa (FOB) - 2022
In 2022, the average export price for sunflower seed amounted to $3,045 per ton, surging by 1.5% against the previous year. Overall, the export price, however, saw a slight decrease. The growth pace was the most rapid in 2015 when the average export price increased by 150%. As a result, the export price reached the peak level of $3,582 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Pakistan ($10,128 per ton), while the average price for exports to Botswana ($481 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Swaziland (+9.6%), 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 South Africa
Imports of sunflower seed into South Africa soared to 8.4K tons in 2022, jumping by 298% against the previous year's figure. Overall, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of sunflower seed skyrocketed to $5.5M in 2022. In general, imports enjoyed significant growth. The growth pace was the most rapid in 2021 when imports increased by 210% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.
| Import of Oil Seeds; Sunflower Seeds, Whether or Not Broken in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Botswana | N/A | N/A | 500 | 4,048 | 709.6% |
| Spain | N/A | N/A | N/A | 722 | 0% |
| Argentina | 467 | 176 | 541 | 392 | -5.7% |
| Bulgaria | 321 | 317 | 691 | 184 | -16.9% |
| Malawi | 118 | 88.8 | 58.4 | 97.9 | -6.0% |
| Others | 1,302 | 77.5 | 252 | 30.6 | -71.4% |
| Total | 2,208 | 659 | 2,043 | 5,475 | 35.4% |
Top Suppliers of Oil Seeds; Sunflower Seeds, Whether or Not Broken to South Africa in 2022:
- Botswana (7.7K tons)
- Spain (0.3K tons)
- Malawi (0.2K tons)
- Argentina (0.1K tons)
- Bulgaria (0.1K tons)
Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in South Africa
Exports of sunflower seed from South Africa skyrocketed to 1.8K tons in 2022, increasing by 19% compared with the previous year's figure. Over the period under review, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +23.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +89.4% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 45% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, exports of sunflower seed skyrocketed to $5.4M in 2022. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 74% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zimbabwe | 54.7 | 902 | 2,775 | 2,767 | 269.8% |
| Kenya | 524 | 643 | 553 | 696 | 9.9% |
| Pakistan | 235 | 501 | 479 | 463 | 25.4% |
| Botswana | 65.5 | 102 | 164 | 376 | 79.1% |
| Sudan | N/A | N/A | 77.3 | 364 | 370.9% |
| Uganda | 246 | 92.3 | 17.6 | 322 | 9.4% |
| Namibia | 217 | 152 | 122 | 154 | -10.8% |
| Lesotho | 3.1 | 14.1 | 4.7 | 30.4 | 114.0% |
| Swaziland | 24.5 | 46.0 | 56.6 | 9.6 | -26.8% |
| Others | 198 | 91.4 | 186 | 176 | -3.9% |
| Total | 1,569 | 2,544 | 4,435 | 5,359 | 50.6% |
Top Export Markets for Oil Seeds; Sunflower Seeds, Whether or Not Broken from South Africa in 2022:
- Botswana (781.8 tons)
- Zimbabwe (464.8 tons)
- Namibia (141.6 tons)
- Kenya (92.6 tons)
- Uganda (67.7 tons)
- Lesotho (57.9 tons)
- Sudan (50.1 tons)
- Pakistan (45.7 tons)
- Swaziland (10.7 tons)
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This report provides an in-depth analysis of the sunflower seed market in South Africa.
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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 South Africa.
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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
