Report Dominican Republic - Sunflower Seed - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jul 27, 2022

Dominican Republic - Sunflower Seed - Market Analysis, Forecast, Size, Trends and Insights
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Dominican Republic: Sunflower Seed Market 2022

Sunflower Seed Market Size in the Dominican Republic

The Dominican sunflower seed market surged to $X in 2021, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a strong expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Sunflower Seed Exports

Exports from the Dominican Republic

After three years of decline, overseas shipments of sunflower seed decreased by -X% to less than X kg in 2021. Over the period under review, exports, however, continue to indicate a significant expansion. Over the period under review, the exports hit record highs at X kg in 2020, and then reduced notably in the following year.

In value terms, sunflower seed exports contracted dramatically to less than $X in 2021. In general, exports, however, recorded significant growth. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X kg) was the main destination for sunflower seed exports from the Dominican Republic, accounting for a X% share of total exports. It was followed by the United States (X kg), with a X% share of total exports.

From 2012 to 2020, the average annual growth rate of volume to Spain was relatively modest.

From 2012 to 2020, the average annual growth rate of value to Spain was relatively modest.

Export Prices by Country

In 2020, the average sunflower seed export price amounted to $X per ton, approximately reflecting the previous year. In general, the export price saw a significant contraction. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2020, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2020, the country with the highest price was the United States ($X per ton), while the average price for exports to Spain stood at $X per ton.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Spain (X%).

Sunflower Seed Imports

Imports into the Dominican Republic

In 2021, imports of sunflower seed into the Dominican Republic skyrocketed to X tons, increasing by X% against the previous year's figure. Over the period under review, imports showed a resilient increase. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, sunflower seed imports skyrocketed to $X in 2021. Overall, imports enjoyed resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Argentina (X tons) constituted the largest supplier of sunflower seed to the Dominican Republic, with a X% share of total imports. Moreover, sunflower seed imports from Argentina exceeded the figures recorded by the second-largest supplier, Canada (X tons), fivefold.

From 2012 to 2021, the average annual growth rate of volume from Argentina amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+X% per year) and Bulgaria (+X% per year).

In value terms, Argentina ($X) constituted the largest supplier of sunflower seed to the Dominican Republic, comprising X% of total imports. The second position in the ranking was taken by Canada ($X), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Argentina stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+X% per year) and Bulgaria (+X% per year).

Import Prices by Country

In 2021, the average sunflower seed import price amounted to $X per ton, surging by X% against the previous year. Over the period under review, import price indicated resilient growth from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, sunflower seed import price increased by +X% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bulgaria (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for sunflower seed in the world?
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The countries with the highest volumes of in 2021 were Russia, Ukraine and Argentina, together accounting for 60% of global consumption. These countries were followed by Turkey, China, Romania, Hungary, Bulgaria, France, the United States, Spain and Tanzania, 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 in 2021 were Russia, Ukraine and Argentina, with a combined 60% share of global production. Romania, China, Turkey, Bulgaria, Hungary, France, the United States, Tanzania, Kazakhstan and Spain lagged somewhat behind, together accounting for a further 30%.
What are the leading suppliers of sunflower seed to the Dominican Republic?
+
In value terms, Argentina constituted the largest supplier of sunflower seed to the Dominican Republic, comprising 76% of total imports. The second position in the ranking was held by Canada, with a 14% share of total imports.
What is the average export price for sunflower seed in the Dominican Republic?
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The average sunflower seed export price stood at $3,222 per ton in 2020, remaining stable against the previous year.
What is the average import price for sunflower seed in the Dominican Republic?
+
The average sunflower seed import price stood at $1,187 per ton in 2021, jumping by 65% against the previous year.

This report provides an in-depth analysis of the sunflower seed market in the Dominican Republic. 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 2030.


Product coverage:
• FCL 267 - Sunflower seed
Country coverage:
• Dominican Republic

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the Dominican Republic
• 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 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
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 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2012–2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012–2021
Figure 5:
Trade Balance, In Physical Terms, 2012–2021
Figure 6:
Trade Balance, In Value Terms, 2012–2021
Figure 7:
Per Capita Consumption, 2012–2021
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, 2012–2021
Figure 22:
Production, In Value Terms, 2012–2021
Figure 23:
Area Harvested, 2012–2021
Figure 24:
Yield, 2012–2021
Figure 25:
Imports, In Physical Terms, 2012–2021
Figure 26:
Imports, In Value Terms, 2012–2021
Figure 27:
Imports, In Physical Terms, By Country, 2021
Figure 28:
Imports, In Physical Terms, By Country, 2012–2021
Figure 29:
Imports, In Value Terms, By Country, 2012–2021
Figure 30:
Import Prices, By Country Of Origin, 2012–2021
Figure 31:
Exports, In Physical Terms, 2012–2021
Figure 32:
Exports, In Value Terms, 2012–2021
Figure 33:
Exports, In Physical Terms, By Country, 2021
Figure 34:
Exports, In Physical Terms, By Country, 2012–2021
Figure 35:
Exports, In Value Terms, By Country, 2012–2021
Figure 36:
Export Prices, By Country Of Destination, 2012–2021
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