Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in the United States - 2023
Contents:
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in the United States (FOB) - 2022
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in the United States (CIF) - 2022
- Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in the United States
- Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in the United States
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in the United States (FOB) - 2022
The average export price for sunflower seed stood at $2,808 per ton in 2022, declining by -5.6% against the previous year. Over the period under review, the export price, however, continues to indicate notable growth. The pace of growth appeared the most rapid in 2018 when the average export price increased by 54%. As a result, the export price reached the peak level of $4,328 per ton. From 2019 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($16,881 per ton), while the average price for exports to Mexico ($981 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 Turkey (+26.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in the United States (CIF) - 2022
In 2022, the average import price for sunflower seed amounted to $1,397 per ton, jumping by 37% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($2,343 per ton), while the price for Argentina ($762 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in the United States
In 2022, approx. 68K tons of sunflower seed were exported from the United States; waning by -6.7% against the previous year. Overall, exports saw a pronounced slump. The pace of growth appeared the most rapid in 2021 when exports increased by 10%.
In value terms, exports of sunflower seed contracted to $192M in 2022. In general, exports continue to indicate a deep reduction. The smallest decline of -8.2% was in 2021.
| Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 9.2 | 14.9 | 14.7 | 41.0 | 64.6% |
| Austria | 88.0 | 50.4 | 63.1 | 39.1 | -23.7% |
| Canada | 20.8 | 26.2 | 26.9 | 30.2 | 13.2% |
| France | 28.4 | 42.0 | 21.8 | 29.7 | 1.5% |
| Mexico | 7.0 | 5.7 | 12.7 | 12.6 | 21.6% |
| Ukraine | 50.1 | 21.2 | 20.7 | 8.8 | -44.0% |
| Spain | 23.1 | 15.1 | 12.3 | 8.6 | -28.1% |
| South Korea | 1.7 | 1.5 | 2.5 | 2.6 | 15.2% |
| Others | 70.9 | 59.8 | 42.6 | 19.0 | -35.5% |
| Total | 299 | 237 | 217 | 192 | -13.7% |
Top Export Markets for Oil Seeds; Sunflower Seeds, Whether or Not Broken from the United States in 2022:
- Canada (25.3K tons)
- Mexico (12.8K tons)
- Belgium (7.2K tons)
- Spain (5.8K tons)
- France (5.2K tons)
- Austria (2.3K tons)
- Ukraine (1.6K tons)
- South Korea (1.6K tons)
Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in the United States
In 2022, supplies from abroad of sunflower seed decreased by -7.3% to 119K tons, falling for the second consecutive year after two years of growth. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +10.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -22.5% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 72% against the previous year. As a result, imports attained the peak of 154K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of sunflower seed skyrocketed to $166M in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +22.8% 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 +85.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 54% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Oil Seeds; Sunflower Seeds, Whether or Not Broken in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | 37.1 | 66.1 | 58.9 | 84.4 | 31.5% |
| Canada | 19.3 | 29.8 | 33.5 | 29.1 | 14.7% |
| Argentina | 7.9 | 15.5 | 14.3 | 19.5 | 35.1% |
| Turkey | 1.7 | 2.7 | 5.7 | 9.5 | 77.5% |
| Others | 23.6 | 23.8 | 18.5 | 23.7 | 0.1% |
| Total | 89.7 | 138 | 131 | 166 | 22.8% |
Top Suppliers of Oil Seeds; Sunflower Seeds, Whether or Not Broken to the United States in 2022:
- Bulgaria (54.1K tons)
- Canada (28.7K tons)
- Argentina (25.6K tons)
- Turkey (4.0K tons)
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This report provides an in-depth analysis of the sunflower seed market in the U.S..
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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 U.S..
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This report provides an in-depth analysis of the global sunflower seed market.
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In July 2022, the sunflower seed price per ton amounted to $1,191 per ton, shrinking by -28.1% against the previous month.
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In June 2022, the sunflower seed price per tonstood at $1,657 per ton, growing by 18% against the previous month.
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In Apr 2022, the average import sunflower seed price per ton amounted to $1,660, jumping by 16% against the previous month.
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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.
