Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in the Philippines - 2023
Contents:
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in the Philippines (CIF) - 2022
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in the Philippines (FOB) - 2022
- Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in the Philippines
- Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in the Philippines
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in the Philippines (CIF) - 2022
In 2022, the average import price for sunflower seed amounted to $1,355 per ton, rising by 7.1% against the previous year. Over the period under review, the import price showed a buoyant expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 78% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Argentina ($1,355 per ton) and India ($1,355 per ton), while the price for Thailand ($1,355 per ton) and Ukraine ($1,355 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+12.2%), 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 the Philippines (FOB) - 2022
The average export price for sunflower seed stood at $6,049 per ton in 2022, increasing by 35% against the previous year. In general, the export price posted a strong expansion. The pace of growth was the most pronounced in 2015 an increase of 413% against the previous year. As a result, the export price reached the peak level of $12,127 per ton. From 2016 to 2022, 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 Canada.
From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +3.2% per year.
Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in the Philippines
After two years of decline, purchases abroad of sunflower seed increased by 16% to 3.3K tons in 2022. Overall, imports, however, recorded a precipitous setback.
In value terms, imports of sunflower seed surged to $4.4M in 2022. In general, imports, however, faced a abrupt downturn.
| Import of Oil Seeds; Sunflower Seeds, Whether or Not Broken in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 451 | 541 | 1,234 | 2,041 | 65.4% |
| China | 1,545 | 513 | 471 | 954 | -14.8% |
| India | 758 | 426 | 835 | 728 | -1.3% |
| Thailand | 110 | 225 | 374 | 360 | 48.5% |
| Poland | N/A | N/A | N/A | 199 | 0% |
| United States | 141 | 61.8 | 89.7 | 67.2 | -21.9% |
| Ukraine | 533 | 834 | 151 | 61.8 | -51.2% |
| Moldova | 288 | 467 | 117 | 18.9 | -59.7% |
| Indonesia | 2,451 | N/A | N/A | N/A | 0% |
| Others | 73.8 | 90.8 | 290 | 11.1 | -46.8% |
| Total | 6,350 | 3,159 | 3,562 | 4,441 | -11.2% |
Top Suppliers of Oil Seeds; Sunflower Seeds, Whether or Not Broken to the Philippines in 2022:
- Argentina (1506.4 tons)
- China (703.8 tons)
- India (537.0 tons)
- Thailand (265.7 tons)
- Poland (147.2 tons)
- United States (49.6 tons)
- Ukraine (45.6 tons)
- Moldova (14.0 tons)
Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in the Philippines
In 2022, overseas shipments of sunflower seed were finally on the rise to reach 752 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a sharp decrease.
In value terms, exports of sunflower seed surged to $4.5K in 2022. Overall, exports, however, faced a dramatic setback.
| Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 9.9 | 3.8 | 1.3 | 4.5 | -23.1% |
| Saudi Arabia | N/A | 3.2 | N/A | N/A | 0% |
| Others | N/A | 0.1 | 0.3 | N/A | 200.0% |
| Total | 9.9 | 7.0 | 1.6 | 4.5 | -23.1% |
Top Export Markets for Oil Seeds; Sunflower Seeds, Whether or Not Broken from the Philippines in 2022:
- Canada (751.0 kg)
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This report provides an in-depth analysis of the sunflower seed market in the Philippines.
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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 the Philippines.
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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
