Australia: Sunflower Seed Market Overview 2020

Sunflower Seed Market Size in Australia

The revenue of the sunflower seed market in Australia amounted to $X in 2018, going down by -X% against the previous year. Overall, sunflower seed consumption, however, continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2008 when the market value increased by X% y-o-y. Over the period under review, the sunflower seed market attained its peak figure level at $X in 2011; however, from 2012 to 2018, consumption remained at a lower figure.

Sunflower Seed Production in Australia

In value terms, sunflower seed production totaled $X in 2018 estimated in export prices. In general, sunflower seed production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when production volume increased by X% year-to-year. Sunflower seed production peaked at $X in 2011; however, from 2012 to 2018, production remained at a lower figure.

In 2018, the average yield of sunflower seed in Australia amounted to X tonne per ha, going up by X% against the previous year. Overall, the yield indicated a strong increase from 2007 to 2018: its figure increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, sunflower seed yield increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Sunflower seed yield peaked at X tonne per ha in 2010; however, from 2011 to 2018, yield failed to regain its momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the sunflower seed harvested area in Australia stood at X ha, jumping by X% against the previous year. Overall, the sunflower seed harvested area continues to indicate a significant increase. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. Sunflower seed harvested area peaked at X ha in 2009; however, from 2010 to 2018, harvested area failed to regain its momentum.

Sunflower Seed Exports

Exports from Australia

In 2018, the amount of sunflower seed exported from Australia stood at X tonnes, surging by X% against the previous year. In general, sunflower seed exports, however, continue to indicate a drastic deduction. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. Over the period under review, sunflower seed exports reached their maximum at X tonnes in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, sunflower seed exports amounted to $X in 2018. In general, sunflower seed exports, however, continue to indicate a drastic descent. The most prominent rate of growth was recorded in 2011 when exports increased by X% y-o-y. Exports peaked at $X in 2009; however, from 2010 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Pakistan (X tonnes) was the main destination for sunflower seed exports from Australia, accounting for a X% share of total exports. Moreover, sunflower seed exports to Pakistan exceeded the volume sent to the second major destination, Argentina (X tonnes), twofold. The third position in this ranking was occupied by Sudan (X tonnes), with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Pakistan stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (+X% per year) and Sudan (-X% per year).

In value terms, Sudan ($X) remains the key foreign market for sunflower seed exports from Australia, comprising X% of total sunflower seed exports. The second position in the ranking was occupied by Pakistan ($X), with a X% share of total exports. It was followed by Japan, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to Sudan amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Pakistan (-X% per year) and Japan (-X% per year).

Export Prices by Country

In 2018, the average sunflower seed export price amounted to $X per tonne, reducing by -X% against the previous year. Overall, the sunflower seed export price continues to indicate an abrupt shrinkage. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% against the previous year. The export price peaked at $X per tonne in 2011; however, from 2012 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Sudan ($X per tonne), while the average price for exports to Argentina ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Sudan, while the prices for the other major destinations experienced mixed trend patterns.

Sunflower Seed Imports

Imports into Australia

In 2018, approx. X tonnes of sunflower seed were imported into Australia; declining by -X% against the previous year. Over the period under review, sunflower seed imports, however, continue to indicate remarkable growth. The most prominent rate of growth was recorded in 2017 when imports increased by X% y-o-y. In that year, sunflower seed imports reached their peak of X tonnes, and then declined slightly in the following year.

In value terms, sunflower seed imports amounted to $X in 2018. In general, sunflower seed imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% year-to-year. Over the period under review, sunflower seed imports reached their peak figure at $X in 2014; however, from 2015 to 2018, imports remained at a lower figure.

Imports by Country

China (X tonnes), Argentina (X tonnes) and India (X tonnes) were the main suppliers of sunflower seed imports to Australia, together accounting for X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Argentina, while the other leaders experienced more modest paces of growth.

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

From 2007 to 2018, the average annual rate of growth in terms of value from China amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (+X% per year) and India (+X% per year).

Import Prices by Country

The average sunflower seed import price stood at $X per tonne in 2018, dropping by -X% against the previous year. Overall, the sunflower seed import price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2011 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2007; however, from 2008 to 2018, import prices remained at a lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Bulgaria, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform