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Algeria - Sunflower Seed - Market Analysis, Forecast, Size, Trends and Insights
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Algeria: Sunflower Seed Market Overview 2021

Sunflower Seed Market Size in Algeria

The Algerian sunflower seed market surged to $X in 2020, growing by X% against the previous year. Overall, consumption continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Sunflower seed consumption peaked at $X in 2017; however, from 2018 to 2020, consumption stood at a somewhat lower figure.

Sunflower Seed Production in Algeria

In value terms, sunflower seed production expanded remarkably to $X in 2020 estimated in export prices. In general, production enjoyed a perceptible increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, production attained the peak level of $X. from 2019 to 2020, production growth failed to regain the momentum.

In 2020, the average yield of sunflower seed in Algeria amounted to X kg per ha, approximately mirroring the previous year. Over the period under review, the yield saw a relatively flat trend pattern. The growth pace was the most rapid in 2011 when the yield increased by X% y-o-y. Over the period under review, the average sunflower seed yield reached the maximum level in 2020 and is likely to see gradual growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, approx. X ha of sunflower seed were harvested in Algeria; remaining stable against the year before. The harvested area increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2009 when the harvested area increased by X% y-o-y. The sunflower seed harvested area peaked in 2020 and is likely to continue growth in the immediate term.

Sunflower Seed Exports

Exports from Algeria

In 2020, shipments abroad of sunflower seed decreased by X% to X kg, falling for the second consecutive year after twelve years of growth. Overall, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. As a result, exports attained the peak of X tonnes. from 2019 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, sunflower seed exports stood at $X in 2020. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, exports reached the peak of $X. from 2019 to 2020, the growth exports failed to regain the momentum.

Exports by Country

Turkey (X tonnes) was the main destination for sunflower seed exports from Algeria, accounting for a approx. X% share of total exports.

From 2007 to 2018, the average annual rate of growth in terms of volume to Turkey was relatively modest.

From 2007 to 2018, the average annual growth rate of value to Turkey was relatively modest.

Export Prices by Country

The average sunflower seed export price stood at $X per tonne in 2018, picking up by X% against the previous year. Over the period under review, the export price continues to indicate a significant increase. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2007 to 2018, the rate of growth in terms of prices for Turkey amounted to X% per year.

Sunflower Seed Imports

Imports into Algeria

Sunflower seed imports into Algeria stood at X tonnes in 2020, therefore, remained relatively stable against the year before. In general, imports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2012 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tonnes in 2017; however, from 2018 to 2020, imports stood at a somewhat lower figure.

In value terms, sunflower seed imports skyrocketed to $X in 2020. Overall, imports continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2012 with an increase of X% year-to-year. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Turkey (X tonnes) constituted the largest sunflower seed supplier to Algeria, with a X% share of total imports. Moreover, sunflower seed imports from Turkey exceeded the figures recorded by the second-largest supplier, Argentina (X tonnes), twofold.

From 2007 to 2020, the average annual growth rate of volume from Turkey totaled +X%.

In value terms, Turkey ($X) constituted the largest supplier of sunflower seed to Algeria, comprising X% of total imports. The second position in the ranking was occupied by Argentina ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from Turkey amounted to +X%.

Import Prices by Country

The average sunflower seed import price stood at $X per tonne in 2020, jumping by X% against the previous year. Over the period under review, import price indicated a temperate increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the average import price increased by X% year-to-year. Over the period under review, average import prices reached the peak figure at $X per tonne in 2017; however, from 2018 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Turkey ($X per tonne), while the price for Argentina amounted to $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Turkey.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sunflower seed in the world?
+
The countries with the highest volumes of sunflower seed consumption in 2020 were Ukraine (17M tonnes), Russia (16M tonnes) and Argentina (3.7M tonnes), with a combined 59% share of global consumption. These countries were followed by Turkey, Romania, China, Bulgaria, Hungary, France, Tanzania, Spain and the U.S., which together accounted for a further 26%.
What are the largest producers of sunflower seed in the world?
+
The countries with the highest volumes of sunflower seed production in 2020 were Ukraine (17M tonnes), Russia (17M tonnes) and Romania (4.2M tonnes), with a combined 62% share of global production.
What are the leading suppliers of sunflower seed to Algeria?
+
In value terms, Turkey ($12M) constituted the largest supplier of sunflower seed to Algeria, comprising 77% of total imports. The second position in the ranking was occupied by Argentina ($2.7M), with a 17% share of total imports.
What is the average export price for sunflower seed in Algeria?
+
In 2018, the average sunflower seed export price amounted to $2,009 per tonne, picking up by 91% against the previous year.
What is the average import price for sunflower seed in Algeria?
+
The average sunflower seed import price stood at $1,430 per tonne in 2020, growing by 29% against the previous year.

Product coverage:
• FCL 267 - Sunflower seed

This report provides an in-depth analysis of the sunflower seed market in Algeria. 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 2025.


Country coverage:
• Algeria

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Algeria
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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