Canada - Sunflower Seed - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSunflower Seed Price in Canada - 2023
Contents:
- Sunflower Seed Price in Canada (CIF) - 2023
- Sunflower Seed Price in Canada (FOB) - 2023
- Sunflower Seed Imports in Canada
- Sunflower Seed Exports in Canada
Sunflower Seed Price in Canada (CIF) - 2023
The average sunflower seed import price stood at $1,490 per ton in September 2023, picking up by 11% against the previous month. In general, import price indicated a tangible increase from September 2022 to September 2023: its price increased at an average monthly rate of +2.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, sunflower seed import price decreased by -13.2% against July 2023 indices. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 43% m-o-m. Over the period under review, average import prices reached the peak figure at $1,994 per ton in April 2023; however, from May 2023 to September 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was China ($2,304 per ton), while the price for Uruguay ($952 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (+4.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Sunflower Seed Price in Canada (FOB) - 2023
In September 2023, the average sunflower seed export price amounted to $1,095 per ton, remaining relatively unchanged against the previous month. In general, the export price recorded a perceptible curtailment. The growth pace was the most rapid in June 2023 when the average export price increased by 23% m-o-m. Over the period under review, the average export prices hit record highs at $1,675 per ton in September 2022; however, from October 2022 to September 2023, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From September 2022 to September 2023, the rate of growth in terms of prices for the United States amounted to -3.5% per month.
Sunflower Seed Imports in Canada
For the fourth consecutive year, Canada recorded growth in overseas purchases of sunflower seed, which increased by 20% to 44K tons in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.9% 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 +76.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 28%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, sunflower seed imports soared to $67M in 2022. Over the period under review, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Sunflower Seed in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | 4.7 | 7.2 | 10.8 | 27.9 | 81.1% |
| United States | 19.0 | 24.4 | 24.4 | 26.6 | 11.9% |
| China | 6.1 | 6.5 | 7.3 | 9.5 | 15.9% |
| Others | 1.3 | 1.9 | 2.8 | 2.6 | 26.0% |
| Total | 31.1 | 40.0 | 45.4 | 66.5 | 28.8% |
Top Suppliers of Sunflower Seed to Canada in 2022:
- United States (19.7K tons)
- Bulgaria (19.4K tons)
- China (3.9K tons)
Sunflower Seed Exports in Canada
In 2022, shipments abroad of sunflower seed decreased by -24.3% to 38K tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +9.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 59% against the previous year.
In value terms, sunflower seed exports surged to $44M in 2022. Overall, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +26.9% 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 +104.1% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 51%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Sunflower Seed in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 19.9 | 31.0 | 36.5 | 42.9 | 29.2% |
| Japan | 0.6 | 0.6 | 0.7 | 0.5 | -5.9% |
| Others | 0.9 | 0.7 | 0.8 | 0.3 | -30.7% |
| Total | 21.4 | 32.4 | 38.0 | 43.7 | 26.9% |
Top Export Markets for Sunflower Seed from Canada in 2022:
- United States (36.8K tons)
- Japan (0.6K tons)
This report provides an in-depth analysis of the sunflower seed market in Canada. 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:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- 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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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This report provides an in-depth analysis of the sunflower seed market in Canada.
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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 Canada.
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This report provides an in-depth analysis of the global sunflower seed market.
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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.
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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
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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
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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
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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.
