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Canada - Crude Sunflower-Seed And Safflower Oil - Market Analysis, Forecast, Size, Trends And Insights
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Canada: Overview of the Market for Crude Sunflower-Seed And Safflower Oil 2021

Market Size for Crude Sunflower-Seed And Safflower Oil in Canada

The Canadian market for crude sunflower-seed and safflower oil dropped to $X in 2020, remaining stable against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. As a result, consumption reached the peak level of $X. From 2016 to 2020, the growth of the market remained at a somewhat lower figure.

Production of Crude Sunflower-Seed And Safflower Oil in Canada

In value terms, crude sunflower-seed and safflower oil production shrank modestly to $X in 2020 estimated in export prices. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% year-to-year. As a result, production attained the peak level of $X. From 2016 to 2020, production growth remained at a lower figure.

Exports of Crude Sunflower-Seed And Safflower Oil

Exports from Canada

In 2020, overseas shipments of crude sunflower-seed and safflower oil decreased by -X% to X tonnes for the first time since 2016, thus ending a three-year rising trend. Over the period under review, exports showed a slight decrease. The most prominent rate of growth was recorded in 2013 when exports increased by X% year-to-year. Exports peaked at X tonnes in 2015; however, from 2016 to 2020, exports failed to regain the momentum.

In value terms, crude sunflower-seed and safflower oil exports rose remarkably to $X in 2020. Overall, exports showed a notable increase. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. Exports peaked at $X in 2015; however, from 2016 to 2020, exports remained at a lower figure.

Exports by Country

The U.S. (X tonnes) was the main destination for crude sunflower-seed and safflower oil exports from Canada, with a approx. X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to the U.S. amounted to +X%.

In value terms, the U.S. ($X) also remains the key foreign market for crude sunflower-seed and safflower oil exports from Canada.

From 2007 to 2020, the average annual growth rate of value to the U.S. stood at +X%.

Export Prices by Country

The average export price for crude sunflower-seed and safflower oil stood at $X per tonne in 2020, rising by X% against the previous year. Over the period under review, the export price enjoyed buoyant growth. 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 the U.S..

From 2007 to 2020, the rate of growth in terms of prices for the U.S. amounted to +X% per year.

Imports of Crude Sunflower-Seed And Safflower Oil

Imports into Canada

In 2020, supplies from abroad of crude sunflower-seed and safflower oil increased by X% to X tonnes, rising for the third year in a row after two years of decline. Overall, imports continue to indicate a tangible increase. The pace of growth was the most pronounced in 2019 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2015; however, from 2016 to 2020, imports failed to regain the momentum.

In value terms, crude sunflower-seed and safflower oil imports expanded sharply to $X in 2020. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Imports peaked at $X in 2015; however, from 2016 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Spain (X tonnes) constituted the largest crude sunflower-seed and safflower oil supplier to Canada, with a X% share of total imports. Moreover, crude sunflower-seed and safflower oil imports from Spain exceeded the figures recorded by the second-largest supplier, the U.S. (X tonnes), twofold. Mexico (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 Spain stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (-X% per year) and Mexico (+X% per year).

In value terms, Spain ($X) constituted the largest supplier of crude sunflower-seed and safflower oil to Canada, comprising X% of total imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total imports. It was followed by Mexico, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Spain stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (-X% per year) and Mexico (+X% per year).

Import Prices by Country

In 2020, the average import price for crude sunflower-seed and safflower oil amounted to $X per tonne, flattening at the previous year. In general, the import price saw a perceptible decline. The most prominent rate of growth was recorded in 2010 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2007; however, from 2008 to 2020, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2020, the countries with the highest prices were Ukraine ($X per tonne) and Mexico ($X per tonne), while the price for China ($X per tonne) and Spain ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Kazakhstan, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for crude sunflower-seed and safflower oil in the world?
+
The country with the largest volume of crude sunflower-seed and safflower oil consumption was China (8.9M tonnes), accounting for 20% of total volume. Moreover, crude sunflower-seed and safflower oil consumption in China exceeded the figures recorded by the second-largest consumer, India (3.3M tonnes), threefold. The third position in this ranking was occupied by the U.S. (1.9M tonnes), with a 4.5% share.
What are the largest producers of crude sunflower-seed and safflower oil in the world?
+
The countries with the highest volumes of crude sunflower-seed and safflower oil production in 2020 were China (6.9M tonnes), Ukraine (6.4M tonnes) and Russia (2.9M tonnes), with a combined 38% share of global production.
What are the leading suppliers of crude sunflower-seed and safflower oil to Canada?
+
In value terms, Spain ($476K) constituted the largest supplier of crude sunflower-seed and safflower oil to Canada, comprising 46% of total imports. The second position in the ranking was occupied by the U.S. ($215K), with a 21% share of total imports. It was followed by Mexico, with a 5.6% share.
What are the leading importers of crude sunflower-seed and safflower oil from Canada?
+
In value terms, the U.S. ($135K) remains the key foreign market for crude sunflower-seed and safflower oil exports from Canada.
What is the average export price for crude sunflower-seed and safflower oil in Canada?
+
The average export price for crude sunflower-seed and safflower oil stood at $1,640 per tonne in 2020, with an increase of 187% against the previous year.
What is the average import price for crude sunflower-seed and safflower oil in Canada?
+
The average import price for crude sunflower-seed and safflower oil stood at $582 per tonne in 2020, approximately equating the previous year.

Product coverage:
• Prodcom 10412400 - Crude sunflower-seed and safflower oil and their fractions (excluding chemically modified)

This report provides an in-depth analysis of the market for crude sunflower-seed and safflower oil in Canada. 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:
• Canada

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Canada
• 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
TOP EXPORTING COUNTRIES
5.4
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 VOLUME AND VALUE
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 2025
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:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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