Mexico - Sunflower-Seed And Safflower Oil - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Sunflower-Seed and Safflower Oil in Mexico - 2023
Contents:
- Price for Sunflower-Seed and Safflower Oil in Mexico (CIF) - 2023
- Price for Sunflower-Seed and Safflower Oil in Mexico (FOB) - 2022
- Imports of Sunflower-Seed and Safflower Oil in Mexico
- Exports of Sunflower-Seed and Safflower Oil in Mexico
Price for Sunflower-Seed and Safflower Oil in Mexico (CIF) - 2023
The average sunflower-seed and safflower oil import price stood at $2,504 per ton in June 2023, approximately equating the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 when the average import price increased by 57% m-o-m. As a result, import price attained the peak level of $3,874 per ton. From October 2022 to June 2023, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($3,102 per ton), while the price for Argentina amounted to $2,327 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by France (+80.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Sunflower-Seed and Safflower Oil in Mexico (FOB) - 2022
In November 2022, the average sunflower-seed and safflower oil export price amounted to $2,636 per ton, therefore, remained relatively stable against the previous month. In general, the export price saw a remarkable increase. The growth pace was the most rapid in August 2022 when the average export price increased by 108% against the previous month. As a result, the export price attained the peak level of $3,477 per ton. From September 2022 to November 2022, 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 the United States.
From March 2022 to November 2022, the rate of growth in terms of prices for the United States amounted to +5.0% per month.
Imports of Sunflower-Seed and Safflower Oil in Mexico
After two years of decline, supplies from abroad of sunflower-seed and safflower oil increased by 58% to 11K tons in 2022. In general, imports, however, showed a deep reduction.
In value terms, sunflower-seed and safflower oil imports soared to $25M in 2022. Over the period under review, imports saw a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Sunflower-Seed and Safflower Oil in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 18.0 | 7.6 | 6.1 | 12.1 | -12.4% |
| Spain | N/A | N/A | 5.7 | 10.4 | 82.5% |
| Argentina | N/A | N/A | 0.3 | 2.3 | 666.7% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 18.0 | 7.6 | 12.2 | 24.9 | 11.4% |
Top Suppliers of Sunflower-Seed and Safflower Oil to Mexico in 2022:
- Spain (5.2K tons)
- United States (4.8K tons)
- Argentina (0.9K tons)
Exports of Sunflower-Seed and Safflower Oil in Mexico
In 2022, shipments abroad of sunflower-seed and safflower oil decreased by -0.5% to 5.1K tons, falling for the second consecutive year after two years of growth. In general, exports recorded a significant curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 14%. As a result, the exports reached the peak of 35K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, sunflower-seed and safflower oil exports amounted to $13M in 2022. Overall, exports continue to indicate a significant curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 20%. As a result, the exports attained the peak of $36M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Sunflower-Seed and Safflower Oil in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 27.2 | 27.4 | 10.7 | 12.4 | -23.0% |
| Spain | N/A | 3.6 | N/A | 1.0 | -47.3% |
| Germany | 1.1 | 0.1 | 0.1 | N/A | -69.8% |
| Others | 1.6 | 4.8 | 1.8 | N/A | 6.1% |
| Total | 29.9 | 36.0 | 12.7 | 13.3 | -23.7% |
Top Export Markets for Sunflower-Seed and Safflower Oil from Mexico in 2022:
- United States (4.6K tons)
- Spain (0.6K tons)
This report provides an in-depth analysis of the market for sunflower-seed and safflower oil in Mexico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 268 - Oil of Sunflower Seed
- FCL 281 - Oil of Safflower Seed
Country coverage:
- Mexico
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Mexico
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
547
This report provides an in-depth analysis of the market for sunflower-seed and safflower oil in Mexico.
504
This report provides an in-depth analysis of the cotton-seed oil market in Mexico.
367
This report provides an in-depth analysis of the cotton-seed oil market in Mexico.
351
This report provides an in-depth analysis of the market for crude sunflower-seed and safflower oil in Mexico.
332
This report provides an in-depth analysis of the market for sunflower-seed or safflower oil, refined, but not chemically modified in Mexico.
458
This report provides an in-depth analysis of the refined cotton-seed oil market in Mexico.
970
This report provides an in-depth analysis of the transmission shaft market in Mexico.
485
This report provides an in-depth analysis of the market for caustic soda in aqueous solution (soda lye) in Mexico.
400
This report provides an in-depth analysis of the market for reaction initiators and accelerators in Mexico.
309
This report provides an in-depth analysis of the market for marble and travertine blocks in Mexico.
104
The most prominent rate of growth was recorded in May 2023 with an increase of 36% month-to-month. In value terms, Metal Link Chain imports fell to $4.2M in October 2023.
347
In January 2023, the metal link chain price amounted to $11,860 per ton (CIF, Mexico), leveling off at the previous month.
166
In October 2023, imports of Caustic Soda reached their peak, with a surge in value to $7.7M.
1451
Over the past year, the prices for sunflower oil have doubled, against robust demand and depleting sunflower seed stocks. The dry weather conditions negatively affected the sunflower crop yield in 2020, but the market is now seeing a sturdy recovery. The production of sunflower oil is forecast to increase in 2021 driven by strong demand that promotes investments in the expansion of harvested areas.
4600
Global sunflower-seed and safflower oil consumption amounted to X thousand tons in 2015, remaining constant against the previous year level.
3750
In 2015, the countries with the highest levels of sunflower-seed and safflower oil production were Ukraine (X thousand tons), Russia (X thousand tons), Turkey (X thousand tons), together accounting for X% of total output.
1950
Ukraine dominates in the global trade of sunflower-seed and safflower oil. In 2014, Ukraine exported X thousand tons of sunflower-seed and safflower oil totaling X USD, X% over the previous year. Its primary trading partner was India, where i
744
The total output volume increased at an average annual rate of +1.0% over the period from 2007 to 2018.
2877
In 2015, the countries with the highest levels of cotton-seed oil production were China (X thousand tons), India (X thousand tons), Pakistan (X thousand tons), together accounting for X% of total output.
1306
In value terms, transmission shafts and cranks imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend patter...
