China - Sunflower Seed - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingSunflower Seed Price in China - 2023
Contents:
- Sunflower Seed Price in China (FOB) - 2023
- Sunflower Seed Price in China (CIF) - 2023
- Sunflower Seed Exports in China
- Sunflower Seed Imports in China
Sunflower Seed Price in China (FOB) - 2023
The average sunflower seed export price stood at $1,927 per ton in September 2023, dropping by -6% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +2.0%. The most prominent rate of growth was recorded in March 2023 an increase of 6.9% m-o-m. Over the period under review, the average export prices reached the maximum at $2,050 per ton in August 2023, and then contracted in the following month.
Average prices varied somewhat for the major export markets. In September 2023, the highest price was recorded for prices to Spain ($2,178 per ton) and Uzbekistan ($2,050 per ton), while the average price for exports to India ($1,563 per ton) and Vietnam ($1,684 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.
Join Us at HANNOVER MESSE 2024
Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany
Sunflower Seed Price in China (CIF) - 2023
The average sunflower seed import price stood at $673 per ton in September 2023, which is down by -5.1% against the previous month. In general, import price indicated a slight expansion from September 2022 to September 2023: its price increased at an average monthly rate of +1.8% 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 -27.8% against May 2023 indices. The pace of growth was the most pronounced in April 2023 when the average import price increased by 27% against the previous month. Over the period under review, average import prices hit record highs at $932 per ton in May 2023; however, from June 2023 to September 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Bulgaria ($863 per ton), while the price for Russia ($500 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 Kazakhstan (+0.4%), while the prices for the other major suppliers experienced a decline.
Sunflower Seed Exports in China
In 2022, approx. 445K tons of sunflower seed were exported from China; with an increase of 4.3% against 2021. In general, exports, however, recorded a noticeable setback. The growth pace was the most rapid in 2020 with an increase of 5.8%. As a result, the exports reached the peak of 508K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, sunflower seed exports surged to $679M in 2022. The total export value increased at an average annual rate of +3.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Sunflower Seed in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 55.6 | 35.6 | 41.5 | 82.7 | 14.2% |
| Iraq | 51.2 | 77.3 | 74.0 | 81.6 | 16.8% |
| United Arab Emirates | 42.4 | 21.0 | 30.3 | 72.0 | 19.3% |
| Russia | 3.8 | 12.6 | 25.1 | 64.2 | 156.6% |
| Vietnam | 51.6 | 30.6 | 29.1 | 50.6 | -0.7% |
| Spain | 24.4 | 48.9 | 56.5 | 49.4 | 26.5% |
| Egypt | 107 | 107 | 78.4 | 42.2 | -26.7% |
| Uzbekistan | 6.8 | 23.4 | 22.7 | 33.2 | 69.6% |
| Turkey | 149 | 136 | 95.2 | 28.6 | -42.3% |
| Thailand | 10.9 | 16.4 | 18.7 | 20.1 | 22.6% |
| Saudi Arabia | 21.8 | 15.5 | 12.2 | 17.9 | -6.4% |
| Indonesia | 14.9 | 14.9 | 6.6 | 15.7 | 1.8% |
| Jordan | 11.0 | 15.1 | 11.0 | 13.1 | 6.0% |
| Others | 71.0 | 93.0 | 84.1 | 108 | 15.0% |
| Total | 621 | 648 | 585 | 679 | 3.0% |
Top Export Markets for Sunflower Seed from China in 2022:
- Iran (60.6K tons)
- Iraq (54.1K tons)
- United Arab Emirates (52.3K tons)
- Russia (49.7K tons)
- Vietnam (29.6K tons)
- Spain (24.7K tons)
- Egypt (24.5K tons)
- Uzbekistan (22.0K tons)
- Turkey (19.4K tons)
- Thailand (13.5K tons)
- Indonesia (10.8K tons)
- Saudi Arabia (10.7K tons)
- Jordan (8.9K tons)
Sunflower Seed Imports in China
In 2022, approx. 1.9M tons of sunflower seed were imported into China; rising by 15% compared with the previous year. Over the period under review, imports showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 76%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, sunflower seed imports skyrocketed to $118M in 2022. Overall, total imports indicated moderate growth from 2019 to 2022: its value increased at an average annual rate of +2.2% 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 +48.0% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Sunflower Seed in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | 14.3 | 21.3 | 32.7 | 31.5 | 30.1% |
| Russia | 11.6 | 15.0 | 12.9 | 1.9 | -45.3% |
| Others | 84.2 | 43.1 | 36.3 | 84.2 | 0.0% |
| Total | 110 | 79.5 | 81.9 | 118 | 2.4% |
Top Suppliers of Sunflower Seed to China in 2022:
- Bulgaria (1845.3K tons)
- Russia (5.7K tons)
This report provides an in-depth analysis of the sunflower seed market in China. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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
- COUNTRIES WITH TOP YIELDS
- 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, 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
-
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
- 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
1714
This report provides an in-depth analysis of the sunflower seed market in China.
8264
This report provides an in-depth analysis of the global sunflower seed market.
1714
This report provides an in-depth analysis of the sunflower seed market in China.
8264
This report provides an in-depth analysis of the global sunflower seed market.
80
During the review period, Sunflower Seed exports reached a peak of 508K tons in 2020 but failed to regain momentum from 2021 to 2023. The value of these exports soared to $828M in 2023.
422
Exports of Sunflower Seed decreased significantly to $39M in June 2023 in terms of value.
455
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.
905
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.
10529
Global sunflower seed consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
5413
Global sunflower seed exports amounted to X thousand tons in 2015, descending by -X% against the previous year level.
5802
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.
586
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.
1646
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
2145
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
