United Arab Emirates - Sunflower-Seed And Safflower Oil - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Sunflower-Seed and Safflower Oil in the United Arab Emirates - 2021
Contents:
- Price for Sunflower-Seed and Safflower Oil in the United Arab Emirates (CIF) - 2022
- Price for Sunflower-Seed and Safflower Oil in the United Arab Emirates (FOB) - 2022
- Imports of Sunflower-Seed and Safflower Oil in the United Arab Emirates
- Exports of Sunflower-Seed and Safflower Oil in the United Arab Emirates
Price for Sunflower-Seed and Safflower Oil in the United Arab Emirates (CIF) - 2022
In 2022, the average sunflower-seed and safflower oil import price amounted to $1,093 per ton, falling by -17.4% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 54% against the previous year. As a result, import price attained the peak level of $1,323 per ton, and then declined significantly in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Turkey ($1,392 per ton) and Oman ($1,361 per ton), while the price for Ukraine ($957 per ton) and Russia ($1,324 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+1.7%), while the prices for the other major suppliers experienced a decline.
Price for Sunflower-Seed and Safflower Oil in the United Arab Emirates (FOB) - 2022
The average sunflower-seed and safflower oil export price stood at $1,549 per ton in 2022, waning by -11.6% against the previous year. Overall, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sunflower-seed and safflower oil export price increased by +21.6% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of 50% against the previous year. The export price peaked at $2,116 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Kuwait ($1,732 per ton) and Bahrain ($1,700 per ton), while the average price for exports to Jordan ($1,259 per ton) and Oman ($1,441 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ethiopia (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Sunflower-Seed and Safflower Oil in the United Arab Emirates
In 2022, after three years of growth, there was decline in purchases abroad of sunflower-seed and safflower oil, when their volume decreased by -0.9% to 118K tons. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 1.9% against the previous year. As a result, imports reached the peak of 119K tons, leveling off in the following year.
In value terms, sunflower-seed and safflower oil imports contracted significantly to $129M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +11.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +39.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 57%. As a result, imports attained the peak of $158M, and then declined dramatically in the following year.
| Import of Sunflower-Seed and Safflower Oil in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 71.2 | 78.8 | 84.7 | 75.9 | 2.2% |
| Russia | 5.3 | 0.5 | 25.3 | 22.7 | 62.4% |
| Oman | 3.1 | 4.3 | 14.8 | 13.3 | 62.5% |
| Turkey | 8.5 | 12.8 | 14.5 | 13.0 | 15.2% |
| Moldova | N/A | N/A | 11.6 | N/A | 0% |
| Others | 4.3 | 4.1 | 7.0 | 4.2 | -0.8% |
| Total | 92.4 | 100 | 158 | 129 | 11.8% |
Top Suppliers of Sunflower-Seed and Safflower Oil to the United Arab Emirates in 2022:
- Ukraine (79.3K tons)
- Russia (17.1K tons)
- Oman (9.8K tons)
- Turkey (9.4K tons)
Exports of Sunflower-Seed and Safflower Oil in the United Arab Emirates
In 2022, overseas shipments of sunflower-seed and safflower oil were finally on the rise to reach 16K tons after two years of decline. In general, exports, however, saw a deep setback.
In value terms, sunflower-seed and safflower oil exports dropped to $24M in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 18%. As a result, the exports reached the peak of $27M, and then declined in the following year.
| Export of Sunflower-Seed and Safflower Oil in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 11.4 | 9.4 | 10.5 | 9.9 | -4.6% |
| Kuwait | 6.1 | 6.7 | 7.0 | 6.6 | 2.7% |
| Bahrain | 2.8 | 2.6 | 2.9 | 2.8 | 0.0% |
| Saudi Arabia | 3.5 | 0.6 | 2.0 | 1.9 | -18.4% |
| Ethiopia | 0.2 | N/A | 1.6 | 1.5 | 95.7% |
| Jordan | N/A | 1.1 | 0.2 | 0.4 | -39.7% |
| Senegal | N/A | 0.3 | 0.3 | N/A | 0.0% |
| Others | 1.1 | 1.6 | 2.0 | 1.3 | 5.7% |
| Total | 25.0 | 22.4 | 26.5 | 24.5 | -0.7% |
Top Export Markets for Sunflower-Seed and Safflower Oil from the United Arab Emirates in 2022:
- Oman (6.9K tons)
- Kuwait (3.8K tons)
- Bahrain (1.6K tons)
- Saudi Arabia (1.2K tons)
- Ethiopia (0.9K tons)
- Jordan (0.3K tons)
This report provides an in-depth analysis of the market for sunflower-seed and safflower oil in the United Arab Emirates. 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:
- United Arab Emirates
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the United Arab Emirates
- 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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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
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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
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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
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