Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Venezuela - 2022
Contents:
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Venezuela (CIF) - 2022
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Venezuela (FOB) - 2022
- Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Venezuela
- Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Venezuela
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Venezuela (CIF) - 2022
In 2022, the average import price for sunflower seed amounted to $2,439 per ton, which is down by -12.1% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 145% against the previous year. The import price peaked at $6,081 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($2,668 per ton), while the price for Canada ($629 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+4.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Venezuela (FOB) - 2022
In 2022, the average export price for sunflower seed amounted to $1,512 per ton, almost unchanged from the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of less than 0.1% against the previous year. Over the period under review, the average export prices reached the maximum at $1,648 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Aruba.
From 2012 to 2022, the rate of growth in terms of prices for Aruba amounted to -0.9% per year.
Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Venezuela
In 2022, approx. 451 tons of sunflower seed were imported into Venezuela; jumping by 1,575% on the previous year's figure. In general, imports continue to indicate a relatively flat trend pattern.
In value terms, imports of sunflower seed surged to $1.1M in 2022. Overall, imports, however, showed a precipitous contraction.
Import of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Venezuela (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Argentina | 2,249 | 1,233 | 49.2 | 662 | -33.5% |
Israel | 328 | 345 | 19.6 | 391 | 6.0% |
Bolivia | 45.9 | 36.1 | 1.5 | 22.9 | -20.7% |
Canada | 36.7 | 29.6 | 1.3 | 19.8 | -18.6% |
Others | 10.2 | 5.5 | 2.9 | 3.0 | -33.5% |
Total | 2,670 | 1,649 | 74.6 | 1,099 | -25.6% |
Top Suppliers of Oil Seeds; Sunflower Seeds, Whether or Not Broken to Venezuela in 2022:
- Argentina (248.2 tons)
- Israel (146.5 tons)
- Canada (31.5 tons)
- Bolivia (21.3 tons)
Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Venezuela
For the fourth year in a row, Venezuela recorded growth in shipments abroad of sunflower seed, which increased by 20% to 3.5 tons in 2022. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.0% 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 +72.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 20% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, exports of sunflower seed surged to $5.3K in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.0% 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 +72.8% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Venezuela (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Aruba | 3.1 | 3.7 | 4.4 | 5.3 | 19.6% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 3.1 | 3.7 | 4.4 | 5.3 | 19.6% |
Top Export Markets for Oil Seeds; Sunflower Seeds, Whether or Not Broken from Venezuela in 2022:
- Aruba (3.5 tons)
This report provides an in-depth analysis of the sunflower seed market in Venezuela.
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 Venezuela.
This report provides an in-depth analysis of the global sunflower seed market.
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