Sunflower-seed and Safflower Oil Market
Sunflower-seed and safflower oil market: enjoy the most recent information enhanced by an Ai-driven market research platform. Datasets cover imports, companies, trade, consumption, exports, production, market prices, and market size. There is a split by region, including the U.K., Africa, Russia, the Middle East, EU, China, the U.S., and Latin America. Market insights and outlook to 2030 are also featured in the dashboards.
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Sunflower-seed and Safflower Oil - World's Largest Markets
Rating | Country |
---|---|
1 | India |
2 | Russia |
3 | Turkey |
4 | China |
5 | Spain |
In value terms, the largest sunflower-seed and safflower oil markets worldwide were India, Russia and Turkey, with a combined 30% share of the global market. China, Spain, Argentina, Italy, France, Ukraine, Iran, Egypt, Romania and Kazakhstan lagged somewhat behind, together comprising a further 32%.
Ukraine (+201.5% per year) saw the highest rates of growth with regard to market size, among the main consuming countries over the period under review, while sunflower-seed and safflower oil market for the other global leaders experienced more modest paces of growth.
Sunflower-Seed And Safflower Oil Prices
Lowest Prices - FOB - Top Exporters
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
USD per ton | ||||
Argentina | 752 | 807 | 775 | 1.5% |
Russia | 712 | 771 | 1004 | 18.7% |
Hungary | 839 | 916 | 1141 | 16.6% |
Ukraine | 700 | 776 | 1156 | 28.5% |
Turkey | 928 | 986 | 1168 | 12.2% |
Netherlands | 884 | 946 | 1208 | 16.9% |
France | 1043 | 1093 | 1296 | 11.5% |
Germany | 1045 | 1132 | 1296 | 11.4% |
Romania | 847 | 916 | 1334 | 25.5% |
Bulgaria | 774 | 868 | 1346 | 31.9% |
Spain | 1008 | 1129 | 1362 | 16.2% |
Average | 780 | 847 | 1139 | 20.9% |
There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Spain ($1,362 per ton), while Argentina ($775 per ton) was amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Bulgaria, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
USD per ton | ||||
France | 954 | 984 | 1447 | 23.2% |
Uzbekistan | 811 | 870 | 1416 | 32.1% |
United Kingdom | 937 | 954 | 1390 | 21.8% |
Belgium | 874 | 926 | 1378 | 25.6% |
Spain | 789 | 853 | 1371 | 31.8% |
Netherlands | 812 | 846 | 1346 | 28.7% |
Germany | 898 | 935 | 1324 | 21.4% |
Italy | 792 | 854 | 1320 | 29.1% |
India | 736 | 828 | 1312 | 33.5% |
Turkey | 723 | 793 | 1263 | 32.2% |
Egypt | 715 | 723 | 831 | 7.8% |
China | 749 | 801 | 781 | 2.1% |
Iran | 735 | 756 | 745 | 0.7% |
Average | 816 | 875 | 1164 | 19.4% |
Prices varied noticeably by the country of destination; the country with the highest price was France ($1,447 per ton), while Iran ($745 per ton) was amongst the lowest.
From 2019 to 2021, the most notable rate of growth in terms of prices was attained by India, while the other global leaders experienced more modest paces of growth.
Sunflower-Seed and Safflower Oil - Top Importers
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
billion USD | ||||
India | 1.8 | 2.1 | 2.4 | 16.3% |
Turkey | 0.4 | 0.7 | 1.4 | 80.0% |
China | 0.9 | 1.6 | 1.2 | 16.2% |
Netherlands | 0.5 | 0.8 | 1 | 39.3% |
Spain | 0.5 | 0.5 | 0.8 | 30.0% |
In value terms, the largest sunflower-seed and safflower oil importing markets worldwide were India ($2.4B), Turkey ($1.4B) and China ($1.2B), with a combined 33% share of global imports.
Among the main importing countries, Turkey (+80.0% per year) saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Sunflower-Seed and Safflower Oil - Top Exporters
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
---|---|---|---|---|
billion USD | ||||
Ukraine | 4.3 | 5.3 | 4.5 | 2.2% |
Russia | 2.2 | 2.5 | 3 | 16.5% |
Netherlands | 0.6 | 0.7 | 0.8 | 23.3% |
Bulgaria | 0.3 | 0.5 | 0.8 | 56.6% |
Hungary | 0.5 | 0.5 | 0.7 | 19.8% |
In value terms, Ukraine ($4.5B), Russia ($3B) and the Netherlands ($843M) appeared to be the countries with the highest levels of exports in 2021, together comprising 59% of global exports. These countries were followed by Bulgaria, Hungary, Turkey, France, Argentina, Spain, Germany and Romania, which together accounted for a further 27%.
Bulgaria (+56.6% per year) saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Sunflower-Seed and Safflower Oil - Market Forecast
Driven by increasing demand for sunflower-seed and safflower oil worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.
Sunflower-Seed and Safflower Oil - Top Companies
UNI-PRESIDENT ENTERPRISES CORP., Cargill Agrícola S/A, ADM do Brasil Ltda, Louis Dreyfus Company Brasil S/A., VICENTIN S.A.I.C., Tibet Linzhi Medog County Baimagang Grain & Oil Processing Sales Co., Ltd., Cocamar - Cooperativa Agroindustrial, Bianchini S/A. Indústria, Comércio e Agricultura, Dongguan Fuzhiyuan Feedstuff Protein Development Co., Ltd., Jiu San Group Tianjin Soya Science And Technology Co., Ltd., THAI VEGETABLE OIL PUBLIC COMPANY LIMITED, Syngenta Seeds, LLC, Solae, LLC, TTET UNION CORPORATION, Bunge Sanwei Grease Co., Ltd., ABC Indústria e Comércio S/A - ABC Inco, GUJARAT AMBUJA EXPORTS LIMITED, Zhongfang Foodgrain & Cooking Oil (Dongguan) Co., Ltd., COOPERATIVA COLONIAS UNIDAS AGROPECUARIA INDUSTRIAL LIMITADA, Gushen Biological Technology Group Co., Ltd.
Sunflower-seed and Safflower Oil - Product Coverage
- HS 151211 - Vegetable oils; sunflower seed or safflower oil and their fractions, crude, not chemically modified
- HS 151219 - Vegetable oils; sunflower seed or safflower oil and their fractions, other than crude, whether or not refined, but not chemically modified
This report provides an in-depth analysis of the global market for sunflower-seed and safflower oil.
This report provides an in-depth analysis of the market for sunflower-seed and safflower oil in Eastern Asia.
This report provides an in-depth analysis of the market for sunflower-seed and safflower oil in Africa.
This report provides an in-depth analysis of the market for sunflower-seed and safflower oil in South-Eastern Asia.
This report provides an in-depth analysis of the market for sunflower-seed and safflower oil in Latin America and the Caribbean.
This report provides an in-depth analysis of the market for sunflower-seed and safflower oil in Australia and Oceania.
This report provides an in-depth analysis of the market for sunflower-seed and safflower oil in Southern Asia.
This report provides an in-depth analysis of the market for sunflower-seed and safflower oil in Central Asia.
This report provides an in-depth analysis of the market for sunflower-seed and safflower oil in Northern America.
This report provides an in-depth analysis of the market for sunflower-seed and safflower oil in the Middle East.
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