Australia - Sunflower Seed - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Australia - Sunflower Seed - Market Analysis, Forecast, Size, Trends and Insights

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Sunflower Seed Price in Australia - 2023

Contents:

  1. Sunflower Seed Price in Australia (CIF) - 2023
  2. Sunflower Seed Price in Australia (FOB) - 2022
  3. Sunflower Seed Imports in Australia
  4. Sunflower Seed Exports in Australia

Sunflower Seed Price in Australia (CIF) - 2023

In September 2023, the average sunflower seed import price amounted to $1,311 per ton, leveling off at the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in January 2023 when the average import price increased by 22% m-o-m. As a result, import price attained the peak level of $1,845 per ton. From February 2023 to September 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($2,277 per ton), while the price for Bulgaria stood at $1,249 per ton.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (-0.5%).

Sunflower Seed Price in Australia (FOB) - 2022

In 2022, the average sunflower seed export price amounted to $5,023 per ton, increasing by 29% against the previous year. Overall, the export price enjoyed a strong expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 113%. Over the period under review, the average export prices hit record highs at $5,434 per ton in 2019; however, from 2020 to 2022, the 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 Pakistan ($6,399 per ton), while the average price for exports to Indonesia ($804 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 the Philippines (+15.3%), while the prices for the other major destinations experienced more modest paces of growth.

Sunflower Seed Imports in Australia

In 2022, approx. 5.5K tons of sunflower seed were imported into Australia; rising by 17% against the year before. Overall, imports, however, saw a abrupt contraction. The pace of growth was the most pronounced in 2020 with an increase of 29%. As a result, imports reached the peak of 13K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, sunflower seed imports skyrocketed to $8.5M in 2022. In general, total imports indicated a notable increase from 2019 to 2022: its value increased at an average annual rate of +3.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -14.0% against 2020 indices.

Import of Sunflower Seed in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bulgaria5.67.34.47.28.7%
China1.11.00.91.22.9%
Moldova0.61.4N/AN/A133.3%
France0.40.20.2N/A-29.3%
Others0.2N/A0.10.1-20.6%
Total7.89.95.58.52.9%

Top Suppliers of Sunflower Seed to Australia in 2022:

  1. Moldova (undefinedK tons)
  2. Bulgaria (4.9K tons)
  3. China (0.5K tons)

Sunflower Seed Exports in Australia

In 2022, the amount of sunflower seed exported from Australia surged to 389 tons, picking up by 52% against the previous year. In general, exports recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 80% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, sunflower seed exports skyrocketed to $2M in 2022. Over the period under review, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Sunflower Seed in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Pakistan6911,3577171,59832.2%
ThailandN/AN/A0.259.829800.0%
Japan70.111.533.551.1-10.0%
IndonesiaN/AN/A22.120.9-5.4%
New Zealand13.663.098.79.5-11.3%
Sudan94.2N/AN/AN/A0%
Others61.817512521451.3%
Total9311,6069961,95428.0%

Top Export Markets for Sunflower Seed from Australia in 2022:

  1. Pakistan (249.8 tons)
  2. Japan (50.3 tons)
  3. Thailand (32.0 tons)
  4. Indonesia (26.0 tons)
  5. New Zealand (7.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sunflower seed market in Australia. 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 267 - Sunflower seed

Country coverage:

  • Australia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Australia
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
Store
Blog
Event
Sunflower Seed Price in Australia Accelerates for Two Consecutive Months, Peaking at $1,761 per Ton
Nov 29, 2022
Eye 388

In August 2022, the sunflower seed price amounted to $1,761 per ton (CIF, Australia), with an increase of 9.7% against the previous month.

The World's Best Import Markets for Sunflower Seed
Sep 12, 2023
Eye 484

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.

Sunflower Seed Prices to Remain Stable with Record Production Expected in 2022
Feb 15, 2022
Eye 912

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. 

Which Country Consumes the Most Sunflower Seeds in the World?
Feb 9, 2018
Eye 10602

Global sunflower seed consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.

Which Country Exports the Most Sunflower Seeds in the World?
Feb 1, 2018
Eye 5445

Global sunflower seed exports amounted to X thousand tons in 2015, descending by -X% against the previous year level.

Which Country Produces the Most Sunflower seeds in the World?
Nov 14, 2017
Eye 5820

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.

Global Sunflower Seed Market Reached 24B USD
Jun 9, 2017
Eye 599

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.

The Van Gogh Museum Teams up with Takii Seeds to Pay Tribute to the Famous “Sunflowers” Painting
Sep 14, 2015
Eye 1657

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

Sunflower Seed Market - Romania Is the World's Leading Exporter of Sunflower Seed, with $591.2M (2014)
Jun 18, 2015
Eye 2163

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

Indonesia Ranks First Globally in Exports of Oil Crops
Oct 4, 2015
Eye 1583

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

Free Data: Sunflower Seed - Australia