Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Sweden - 2023
Contents:
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Sweden (CIF) - 2023
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Sweden (FOB) - 2023
- Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Sweden
- Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Sweden
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Sweden (CIF) - 2023
In October 2023, the average import price for sunflower seed amounted to $798 per ton, with a decrease of -40.9% against the previous month. Over the period under review, the import price, however, showed slight growth. The most prominent rate of growth was recorded in March 2023 an increase of 370% month-to-month. Over the period under review, average import prices hit record highs at $1,809 per ton in July 2023; however, from August 2023 to October 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was China ($6,303 per ton), while the price for Ukraine stood at $714 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Denmark (+12.0%), 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 Sweden (FOB) - 2023
The average export price for sunflower seed stood at $1,580 per ton in October 2023, reducing by -3% against the previous month. Over the period under review, the export price recorded a slight shrinkage. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 105% month-to-month. As a result, the export price attained the peak level of $2,382 per ton. From April 2023 to October 2023, the the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Norway.
From October 2022 to October 2023, the rate of growth in terms of prices for Germany amounted to -0.4% per month.
Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Sweden
Imports of sunflower seed into Sweden soared to 34K tons in 2022, with an increase of 41% against the year before. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +14.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.8% against 2019 indices. 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 $32M in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.8% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Sweden (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bulgaria | 5.6 | 6.8 | 7.2 | 10.5 | 23.3% |
Denmark | 3.2 | 3.8 | 5.1 | 6.4 | 26.0% |
Austria | 2.7 | 2.8 | 2.5 | 4.2 | 15.9% |
China | 1.1 | 1.4 | 1.4 | 2.0 | 22.1% |
Germany | 0.8 | 0.6 | 1.0 | 2.0 | 35.7% |
Italy | 2.5 | 2.7 | 2.7 | 1.5 | -15.7% |
Estonia | 0.1 | 0.1 | 0.7 | 1.4 | 141.0% |
Netherlands | 0.5 | 0.7 | 0.8 | 0.8 | 17.0% |
Others | 1.5 | 2.0 | 2.3 | 2.8 | 23.1% |
Total | 18.0 | 20.9 | 23.7 | 31.7 | 20.8% |
Top Suppliers of Oil Seeds; Sunflower Seeds, Whether or Not Broken to Sweden in 2022:
- Denmark (13.0K tons)
- Bulgaria (9.6K tons)
- Austria (3.1K tons)
- Italy (2.0K tons)
- Germany (1.3K tons)
- Estonia (1.2K tons)
- China (1.0K tons)
- Netherlands (0.5K tons)
Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Sweden
In 2022, overseas shipments of sunflower seed decreased by -25.9% to 2.6K tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a noticeable increase from 2019 to 2022: its volume increased at an average annual rate of +2.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 36% against the previous year.
In value terms, exports of sunflower seed reduced modestly to $4.7M in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +19.0% 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 +68.6% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 52%.
Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Sweden (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Norway | 2,201 | 3,512 | 4,439 | 3,813 | 20.1% |
Finland | 324 | 232 | 206 | 388 | 6.2% |
Denmark | 102 | 195 | 141 | 338 | 49.1% |
Netherlands | 1.8 | 28.2 | N/A | 64.7 | 230.0% |
Germany | 118 | 202 | 47.7 | 25.6 | -39.9% |
Others | 26.7 | 60.2 | 70.9 | 48.9 | 22.3% |
Total | 2,774 | 4,229 | 4,905 | 4,678 | 19.0% |
Top Export Markets for Oil Seeds; Sunflower Seeds, Whether or Not Broken from Sweden in 2022:
- Norway (2051.0 tons)
- Denmark (254.6 tons)
- Finland (231.5 tons)
- Netherlands (50.8 tons)
- Germany (20.4 tons)
This report provides an in-depth analysis of the sunflower seed market in Sweden.
This report provides an in-depth analysis of the global sunflower seed market.
This report provides an in-depth analysis of the sunflower seed market in Sweden.
This report provides an in-depth analysis of the global sunflower seed market.
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