Hong Kong SAR, China - Sunflower Seed - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Hong Kong SAR, China - Sunflower Seed - Market Analysis, Forecast, Size, Trends and Insights

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Sunflower Seed Price in Hong Kong SAR - 2023

Contents:

  1. Sunflower Seed Price in Hong Kong SAR (CIF) - 2022
  2. Sunflower Seed Price in Hong Kong SAR (FOB) - 2022
  3. Sunflower Seed Imports in Hong Kong SAR
  4. Sunflower Seed Exports in Hong Kong SAR

Sunflower Seed Price in Hong Kong SAR (CIF) - 2022

The average sunflower seed import price stood at $2,893 per ton in 2022, growing by 3.9% against the previous year. In general, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sunflower seed import price increased by +64.0% against 2016 indices. The most prominent rate of growth was recorded in 2018 an increase of 17%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($4,110 per ton) and Australia ($3,547 per ton), while the price for China ($2,828 per ton) and Taiwan (Chinese) ($3,150 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Sunflower Seed Price in Hong Kong SAR (FOB) - 2022

The average sunflower seed export price stood at $6,011 per ton in 2022, jumping by 58% against the previous year. Over the period under review, the export price saw strong growth. The most prominent rate of growth was recorded in 2020 an increase of 66% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Solomon Islands.

From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +8.7% per year.

Sunflower Seed Imports in Hong Kong SAR

In 2022, sunflower seed imports into Hong Kong SAR contracted to 26 tons, with a decrease of -8.1% on the previous year's figure. Over the period under review, imports saw a deep slump. The pace of growth appeared the most rapid in 2021 when imports increased by 78%.

In value terms, sunflower seed imports shrank slightly to $75K in 2022. Overall, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 93% against the previous year. As a result, imports reached the peak of $79K, and then reduced modestly in the following year.

Import of Sunflower Seed in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China63.539.366.767.11.9%
Australia9.1N/AN/A4.1-23.3%
Taiwan (Chinese)N/AN/AN/A2.00%
Germany1.21.41.91.814.5%
SpainN/AN/A10.2N/A0%
Others0.7N/AN/A0.1-47.7%
Total74.640.778.875.20.3%

Top Suppliers of Sunflower Seed to Hong Kong SAR in 2022:

  1. China (23.7 tons)
  2. Australia (1.2 tons)
  3. Taiwan (Chinese) (0.6 tons)
  4. Germany (0.4 tons)

Sunflower Seed Exports in Hong Kong SAR

In 2022, approx. 348 kg of sunflower seed were exported from Hong Kong SAR; falling by -98.9% on the year before. Over the period under review, exports showed a precipitous curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 519%. As a result, the exports reached the peak of 32 tons, and then declined rapidly in the following year.

In value terms, sunflower seed exports reduced remarkably to $2.1K in 2022. Overall, exports saw a precipitous descent. The pace of growth was the most pronounced in 2021 with an increase of 803% against the previous year. As a result, the exports attained the peak of $122K, and then contracted dramatically in the following year.

Export of Sunflower Seed in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Solomon Islands4.83.981.52.1-24.1%
South Korea15.2N/AN/AN/A0%
FranceN/AN/A40.7N/A0%
Singapore24.09.7N/AN/A-59.6%
OthersN/AN/AN/AN/A0%
Total44.013.51222.1-63.7%

Top Export Markets for Sunflower Seed from Hong Kong SAR in 2022:

  1. Solomon Islands (348.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sunflower seed market in Hong Kong SAR, 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:

  • Hong Kong SAR

Data coverage:

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

  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
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Free Data: Sunflower Seed - Hong Kong SAR