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

Sunflower Seed Market Size in Belgium

In 2020, the Belgian sunflower seed market increased by X% to $X, rising for the fifth consecutive year after two years of decline. In general, consumption enjoyed resilient growth. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. As a result, consumption attained the peak level of $X. from 2014 to 2020, the growth of the market remained at a lower figure.

Sunflower Seed Exports

Exports from Belgium

Sunflower seed exports from Belgium expanded sharply to X tonnes in 2020, growing by X% compared with 2019. In general, exports, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. As a result, exports attained the peak of X tonnes. from 2014 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, sunflower seed exports fell to $X in 2020. Overall, exports, however, recorded a pronounced downturn. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. As a result, exports attained the peak of $X. from 2014 to 2020, the growth exports remained at a lower figure.

Exports by Country

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

From 2007 to 2020, the average annual growth rate of volume to the Netherlands amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and Germany (-X% per year).

In value terms, the Netherlands ($X), France ($X) and Germany ($X) appeared to be the largest markets for sunflower seed exported from Belgium worldwide, together accounting for X% of total exports. Denmark and Luxembourg lagged somewhat behind, together accounting for a further X the main countries of destination, Denmark saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average sunflower seed export price stood at $X per tonne in 2020, with a decrease of -X% against the previous year. Overall, export price indicated a noticeable increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2012 an increase of X% y-o-y. The export price peaked at $X per tonne in 2019, and then contracted in the following year.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Luxembourg ($X per tonne), while the average price for exports to the Netherlands ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Luxembourg, while the prices for the other major destinations experienced more modest paces of growth.

Sunflower Seed Imports

Imports into Belgium

In 2020, purchases abroad of sunflower seed increased by X% to X tonnes, rising for the fifth year in a row after two years of decline. Overall, imports continue to indicate a strong increase. The pace of growth was the most pronounced in 2013 when imports increased by X% year-to-year. As a result, imports reached the peak of X tonnes. from 2014 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, sunflower seed imports expanded rapidly to $X in 2020. In general, imports posted a resilient increase. The most prominent rate of growth was recorded in 2013 when imports increased by X% year-to-year. As a result, imports reached the peak of $X. from 2014 to 2020, the growth imports failed to regain the momentum.

Imports by Country

In 2020, France (X tonnes) constituted the largest supplier of sunflower seed to Belgium, accounting for a X% share of total imports. Moreover, sunflower seed imports from France exceeded the figures recorded by the second-largest supplier, the Netherlands (X tonnes), more than tenfold. Bulgaria (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from France totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-X% per year) and Bulgaria (+X% per year).

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

From 2007 to 2020, the average annual rate of growth in terms of value from France totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Bulgaria (+X% per year).

Import Prices by Country

The average sunflower seed import price stood at $X per tonne in 2020, with an increase of X% against the previous year. In general, the import price, however, recorded a slight contraction. The growth pace was the most rapid in 2011 an increase of X% y-o-y. The import price peaked at $X per tonne in 2012; however, from 2013 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the Netherlands ($X per tonne), while the price for Serbia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced mixed trend patterns.

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 (15M 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 27%.
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), together comprising 62% of global production.
What are the leading suppliers of sunflower seed to Belgium?
+
In value terms, France ($44M) constituted the largest supplier of sunflower seed to Belgium, comprising 73% of total imports. The second position in the ranking was occupied by the Netherlands ($4.5M), with a 7.6% share of total imports. It was followed by Bulgaria, with a 3.6% share.
What are the leading importers of sunflower seed from Belgium?
+
In value terms, the largest markets for sunflower seed exported from Belgium were the Netherlands ($1.3M), France ($977K) and Germany ($199K), together comprising 76% of total exports. These countries were followed by Denmark and Luxembourg, which together accounted for a further 9%.
What is the average export price for sunflower seed in Belgium?
+
The average sunflower seed export price stood at $899 per tonne in 2020, with a decrease of -10% against the previous year.
What is the average import price for sunflower seed in Belgium?
+
The average sunflower seed import price stood at $518 per tonne in 2020, increasing by 8.3% against the previous year.

Product coverage:
• FCL 267 - Sunflower seed

This report provides an in-depth analysis of the sunflower seed market in Belgium. 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:
• Belgium

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

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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