Czech Republic: Sunflower Seed Market 2024

Sunflower Seed Market Size in the Czech Republic

The Czech sunflower seed market expanded significantly to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption, however, enjoyed a remarkable increase. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in years to come.

Sunflower Seed Production in the Czech Republic

In value terms, sunflower seed production expanded notably to $X in 2022 estimated in export price. Overall, production continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Sunflower seed production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of sunflower seed in the Czech Republic reduced to X tons per ha, dropping by X% on the year before. The yield figure increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when the yield increased by X%. Over the period under review, the average sunflower seed yield hit record highs at X tons per ha in 2021, and then declined slightly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of sunflower seed were harvested in the Czech Republic; dropping by X% compared with the previous year. Over the period under review, the harvested area showed a deep setback. The growth pace was the most rapid in 2021 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to sunflower seed production attained the maximum at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

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Sunflower Seed Exports

Exports from the Czech Republic

After two years of decline, shipments abroad of sunflower seed increased by X% to X tons in 2022. Over the period under review, exports, however, saw a perceptible descent. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, sunflower seed exports surged to $X in 2022. In general, exports showed a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X tons), Austria (X tons) and the Netherlands (X tons) were the main destinations of sunflower seed exports from the Czech Republic, with a combined X% share of total exports. Hungary, Denmark, Poland, France and Slovakia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Austria ($X) and the Netherlands ($X) were the largest markets for sunflower seed exported from the Czech Republic worldwide, with a combined X% share of total exports. Hungary, Poland, Denmark, Slovakia and France lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, France, with a CAGR of X%, recorded the highest growth rate of 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 ton in 2022, remaining relatively unchanged against the previous year. Overall, the export price continues to indicate a prominent increase. The pace of growth was the most pronounced in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($X per ton), while the average price for exports to Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sunflower Seed Imports

Imports into the Czech Republic

In 2022, after two years of decline, there was significant growth in supplies from abroad of sunflower seed, when their volume increased by X% to X tons. In general, imports posted a prominent expansion. The pace of growth was the most pronounced in 2014 with an increase of X%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, sunflower seed imports skyrocketed to $X in 2022. Over the period under review, imports showed resilient growth. The growth pace was the most rapid in 2014 with an increase of X%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

Slovakia (X tons), Hungary (X tons) and Austria (X tons) were the main suppliers of sunflower seed imports to the Czech Republic, with a combined X% share of total imports. Poland, Germany, Bulgaria, Moldova and Romania lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest sunflower seed suppliers to the Czech Republic were Slovakia ($X), Hungary ($X) and Austria ($X), together comprising X% of total imports. Poland, Bulgaria, Germany, Moldova and Romania lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Poland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average sunflower seed import price stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X%. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bulgaria ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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