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

U.S. - Sunflower Seed - Market Analysis, Forecast, Size, Trends and Insights

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Sunflower Seed Price in the United States - 2023

Contents:

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

Sunflower Seed Price in the United States (FOB) - 2022

In 2022, the average sunflower seed export price amounted to $2,808 per ton, shrinking by -5.6% against the previous year. In general, the export price, however, recorded a temperate expansion. The pace of growth appeared the most rapid in 2018 an increase of 54%. As a result, the export price attained the peak level of $4,328 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($16,881 per ton), while the average price for exports to Mexico ($981 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 Turkey (+26.4%), while the prices for the other major destinations experienced more modest paces of growth.

Sunflower Seed Price in the United States (CIF) - 2023

The average sunflower seed import price stood at $1,118 per ton in October 2023, shrinking by -6.5% against the previous month. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 63% against the previous month. The import price peaked at $2,740 per ton in February 2023; however, from March 2023 to October 2023, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In October 2023, the country with the highest price was Bulgaria ($1,285 per ton), while the price for Canada stood at $902 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Canada (-1.0%).

Sunflower Seed Exports in the United States

Sunflower seed exports from the United States contracted to 68K tons in 2022, falling by -6.7% against 2021 figures. In general, exports recorded a noticeable decline. The growth pace was the most rapid in 2021 with an increase of 10% against the previous year.

In value terms, sunflower seed exports reduced to $192M in 2022. Overall, exports recorded a abrupt downturn. The smallest decline of -8.2% was in 2021.

Export of Sunflower Seed in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium9.214.914.741.064.6%
Austria88.050.463.139.1-23.7%
Canada20.826.226.930.213.2%
France28.442.021.829.71.5%
Mexico7.05.712.712.621.6%
Ukraine50.121.220.78.8-44.0%
Spain23.115.112.38.6-28.1%
South Korea1.71.52.52.615.2%
Others70.959.842.619.0-35.5%
Total299237217192-13.7%

Top Export Markets for Sunflower Seed from the United States in 2022:

  1. Canada (25.3K tons)
  2. Mexico (12.8K tons)
  3. Belgium (7.2K tons)
  4. Spain (5.8K tons)
  5. France (5.2K tons)
  6. Austria (2.3K tons)
  7. Ukraine (1.6K tons)
  8. South Korea (1.6K tons)

Sunflower Seed Imports in the United States

In 2022, overseas purchases of sunflower seed decreased by -7.3% to 119K tons, falling for the second year in a row after two years of growth. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +10.0% 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 -22.5% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 72%. As a result, imports reached the peak of 154K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, sunflower seed imports soared to $166M in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +22.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +85.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 54% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the near future.

Import of Sunflower Seed in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bulgaria37.166.158.984.431.5%
Canada19.329.833.529.114.7%
Argentina7.915.514.319.535.1%
Turkey1.72.75.79.577.5%
Others23.623.818.523.70.1%
Total89.713813116622.8%

Top Suppliers of Sunflower Seed to the United States in 2022:

  1. Bulgaria (54.1K tons)
  2. Canada (28.7K tons)
  3. Argentina (25.6K tons)
  4. Turkey (4.0K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sunflower seed market in the U.S.. 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:

  • United States

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the U.S.
  • 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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Blog
Event
Sunflower Seed Price Fell to its Year’s Minimum of $1,191 per ton in July 2022
Sep 9, 2022
Eye 523

In July 2022, the sunflower seed price per ton amounted to $1,191 per ton, shrinking by -28.1% against the previous month. 

Sunflower Seed Price per Ton June 2022
Aug 31, 2022
Eye 1357

In June 2022, the sunflower seed price per tonstood at $1,657 per ton, growing by 18% against the previous month. 

Sunflower Seed Price per Ton April 2022
Jul 1, 2022
Eye 1819

In Apr 2022, the average import sunflower seed price per ton amounted to $1,660, jumping by 16% against the previous month. 

The World's Best Import Markets for Sunflower Seed
Sep 12, 2023
Eye 489

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 915

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 10608

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 5446

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 5821

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 600

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

Free Data: Sunflower Seed - United States