Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Tanzania - 2022
Contents:
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Tanzania (CIF) - 2022
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Tanzania (FOB) - 2022
- Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Tanzania
- Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Tanzania
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Tanzania (CIF) - 2022
In 2022, the average import price for sunflower seed amounted to $628 per ton, increasing by 19% against the previous year. Overall, the import price, however, continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2016 when the average import price increased by 288%. As a result, import price reached the peak level of $3,226 per ton. From 2017 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($9,112 per ton), while the price for Uganda ($289 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+28.7%), 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 Tanzania (FOB) - 2022
The average export price for sunflower seed stood at $162 per ton in 2022, reducing by -79.4% against the previous year. In general, the export price recorded a deep downturn. The growth pace was the most rapid in 2015 an increase of 351% against the previous year. As a result, the export price reached the peak level of $1,901 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Uganda ($172 per ton), while the average price for exports to Kenya stood at $138 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (+3.8%), while the prices for the other major destinations experienced a decline.
Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Tanzania
In 2022, overseas purchases of sunflower seed decreased by -71.1% to 976 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 315%. As a result, imports attained the peak of 3.4K tons, and then shrank rapidly in the following year.
In value terms, imports of sunflower seed declined remarkably to $613K in 2022. Overall, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 220%.
| Import of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 73.5 | 140 | N/A | 228 | 45.8% |
| Uganda | N/A | N/A | 324 | 224 | -30.9% |
| Australia | 9.5 | 60.3 | 29.3 | 93.8 | 114.5% |
| Malawi | 63.8 | 411 | 752 | 38.7 | -15.3% |
| Kenya | 2.3 | N/A | 528 | 19.7 | 104.6% |
| Others | 177 | 432 | 142 | 8.1 | -64.2% |
| Total | 326 | 1,043 | 1,775 | 613 | 23.4% |
Top Suppliers of Oil Seeds; Sunflower Seeds, Whether or Not Broken to Tanzania in 2022:
- Uganda (776.9 tons)
- Malawi (103.1 tons)
- Australia (55.6 tons)
- China (25.0 tons)
- Kenya (13.3 tons)
Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Tanzania
In 2022, approx. 2.4K tons of sunflower seed were exported from Tanzania; rising by 937% on 2021. Overall, exports enjoyed a significant increase. 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 skyrocketed to $391K in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern.
| Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | N/A | N/A | 21.6 | 286 | 1224.1% |
| Kenya | N/A | 14.7 | N/A | 101 | 162.1% |
| Burundi | 210 | 5.4 | N/A | 4.3 | -72.6% |
| Mozambique | N/A | 460 | N/A | N/A | 0% |
| Rwanda | 111 | N/A | 20.6 | N/A | -56.9% |
| Others | 72.0 | 162 | 141 | N/A | 39.9% |
| Total | 393 | 642 | 183 | 391 | -0.2% |
Top Export Markets for Oil Seeds; Sunflower Seeds, Whether or Not Broken from Tanzania in 2022:
- Uganda (1663.0 tons)
- Kenya (728.0 tons)
- Burundi (25.0 tons)
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This report provides an in-depth analysis of the sunflower seed market in Tanzania.
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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 Tanzania.
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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
