
Australia - Sunflower Seed - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact
You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).
By clicking «Buy the Report», you agree to our Terms of Service and Privacy Policy. We'll occasionally send you account related emails.
Australia: Sunflower Seed Market Overview 2021
Webinar: Global Smoked Salmon Market - Statistics, Trends, and Outlook
Join our live webinar to get insights into the global smoked salmon market.
Thursday, March 4th, 2021 @ 10:00 am ET
Sunflower Seed Market Size in Australia
In 2019, the Australian sunflower seed market increased by X% to $X, rising for the second consecutive year after three years of decline. Over the period under review, consumption saw a strong expansion. The pace of growth appeared the most rapid in 2008 when the market value increased by X% against the previous year. As a result, consumption reached the peak level of $X. From 2009 to 2019, the growth of the market remained at a lower figure.
Sunflower Seed Production in Australia
In value terms, sunflower seed production shrank to $X in 2019 estimated in export prices. Over the period under review, production continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. As a result, production reached the peak level of $X. From 2009 to 2019, production growth remained at a lower figure.
In 2019, the average sunflower seed yield in Australia was estimated at X tonnes per ha, increasing by X% against the year before. In general, the yield indicated a buoyant increase from 2007 to 2019: its figure increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, sunflower seed yield increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2008 when the yield increased by X% y-o-y. The sunflower seed yield peaked in 2019 and is likely to see steady growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
The sunflower seed harvested area in Australia fell slightly to X ha in 2019, leveling off at 2018 figures. In general, the harvested area recorded a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the harvested area increased by X% against the previous year. The sunflower seed harvested area peaked at X ha in 2009; however, from 2010 to 2019, the harvested area failed to regain the momentum.
Sunflower Seed Exports
Exports from Australia
In 2019, shipments abroad of sunflower seed decreased by -X% to X tonnes for the first time since 2015, thus ending a three-year rising trend. In general, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at X tonnes in 2009; however, from 2010 to 2019, exports stood at a somewhat lower figure.
In value terms, sunflower seed exports dropped to $X in 2019. Overall, exports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2011 when exports increased by X% y-o-y. Exports peaked at $X in 2009; however, from 2010 to 2019, exports failed to regain the momentum.
Exports by Country
Pakistan (X tonnes) was the main destination for sunflower seed exports from Australia, accounting for a X% share of total exports. Moreover, sunflower seed exports to Pakistan exceeded the volume sent to the second major destination, Japan (X tonnes), threefold. The third position in this ranking was occupied by the Philippines (X tonnes), with a X% share.
From 2007 to 2019, the average annual growth rate of volume to Pakistan stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+X% per year) and the Philippines (-X% per year).
In value terms, Pakistan ($X) remains the key foreign market for sunflower seed exports from Australia, comprising X% of total exports. The second position in the ranking was occupied by Sudan ($X), with a X% share of total exports. It was followed by Japan, with a X% share.
From 2007 to 2019, the average annual rate of growth in terms of value to Pakistan totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sudan (-X% per year) and Japan (+X% per year).
Export Prices by Country
The average sunflower seed export price stood at $X per tonne in 2019, growing by X% against the previous year. Over the period under review, the export price, however, showed a abrupt shrinkage. The pace of growth was the most pronounced in 2018 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2011; however, from 2012 to 2019, export prices failed to regain the momentum.
Prices varied noticeably by the country of destination; the country with the highest price was Sudan ($X per tonne), while the average price for exports to the Philippines ($X per tonne) was amongst the lowest.
From 2007 to 2019, 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 a decline.
Sunflower Seed Imports
Imports into Australia
In 2019, approx. X tonnes of sunflower seed were imported into Australia; jumping by X% against 2018. Overall, imports posted strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, sunflower seed imports skyrocketed to $X in 2019. In general, imports posted buoyant growth. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2019 and are expected to retain growth in the immediate term.
Imports by Country
In 2019, Bulgaria (X tonnes) constituted the largest supplier of sunflower seed to Australia, with a X% share of total imports. Moreover, sunflower seed imports from Bulgaria exceeded the figures recorded by the second-largest supplier, Moldova (X tonnes), sevenfold. China (X tonnes) ranked third in terms of total imports with a X% share.
From 2007 to 2019, the average annual growth rate of volume from Bulgaria amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Moldova (+X% per year) and China (+X% per year).
In value terms, Bulgaria ($X) constituted the largest supplier of sunflower seed to Australia, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by Moldova, with a X% share.
From 2007 to 2019, the average annual rate of growth in terms of value from Bulgaria amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Moldova (+X% per year).
Import Prices by Country
The average sunflower seed import price stood at $X per tonne in 2019, declining by -X% against the previous year. In general, the import price continues to indicate a drastic downturn. The growth pace was the most rapid in 2011 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per tonne in 2007; however, from 2008 to 2019, import prices remained at a lower figure.
Prices varied noticeably by the country of origin; the country with the highest price was China ($X per tonne), while the price for Moldova ($X per tonne) was amongst the lowest.
From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced a decline.
Source: IndexBox AI 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 2019 were Ukraine (16M tonnes), Russia (14M tonnes) and Argentina (3.4M tonnes), together accounting for 59% of global consumption. These countries were followed by Turkey, China, Bulgaria, Romania, Hungary, Spain, France, Tanzania, South Africa and the U.S., which together accounted for a further 29%.
What are the largest producers of sunflower seed in the world?+
The countries with the highest volumes of sunflower seed production in 2019 were Ukraine (16M tonnes), Russia (14M tonnes) and Romania (3.6M tonnes), with a combined 59% share of global production.
What are the leading suppliers of sunflower seed to Australia?+
In value terms, Bulgaria ($5.7M) constituted the largest supplier of sunflower seed to Australia, comprising 72% of total imports. The second position in the ranking was occupied by China ($1.1M), with a 14% share of total imports. It was followed by Moldova, with a 7.2% share.
What are the leading importers of sunflower seed from Australia?+
In value terms, Pakistan ($667K) remains the key foreign market for sunflower seed exports from Australia, comprising 74% of total exports. The second position in the ranking was occupied by Sudan ($91K), with a 10% share of total exports. It was followed by Japan, with a 7.5% share.
What is the average export price for sunflower seed in Australia?+
In 2019, the average sunflower seed export price amounted to $1,439 per tonne, with an increase of 6.2% against the previous year.
What is the average import price for sunflower seed in Australia?+
In 2019, the average sunflower seed import price amounted to $748 per tonne, falling by -24.8% against the previous year.
This report provides an in-depth analysis of the sunflower seed market in Australia. 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
Webinar: Global Smoked Salmon Market - Statistics, Trends, and Outlook
Join our live webinar to get insights into the global smoked salmon market.
Thursday, March 4th, 2021 @ 10:00 am ET
Register
Webinar: Global Sugar Market - Statistics, Trends, and Outlook
Join our live webinar to get insights into the global sugar market.
Thursday, April 1st, 2021 @ 10:00 am ET
Register
Webinar: Global Cotton Yarn Market - Statistics, Trends, and Outlook
Join our live webinar to get insights into the global cotton yarn market.
Thursday, April 8th, 2021 @ 10:00 am ET
Register