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Greece - Sunflower Oilcake - Market Analysis, Forecast, Size, Trends And Insights
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Greece: Sunflower Oilcake Market Overview 2021

Sunflower Oilcake Market Size in Greece

The Greek sunflower oilcake market dropped notably to $X in 2019, which is down by -X% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the market value increased by X% against the previous year. As a result, consumption attained the peak level of $X, and then reduced notably in the following year.

Sunflower Oilcake Production in Greece

In value terms, sunflower oilcake production reduced to $X in 2019 estimated in export prices. Over the period under review, the total production indicated pronounced growth from 2007 to 2019: its value 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, production increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X, and then reduced in the following year.

Sunflower Oilcake Exports

Exports from Greece

In 2019, overseas shipments of sunflower oilcake decreased by -X% to X tonnes for the first time since 2011, thus ending a seven-year rising trend. Overall, exports, however, enjoyed a temperate expansion. The most prominent rate of growth was recorded in 2008 when exports increased by X% year-to-year. Exports peaked at X tonnes in 2018, and then reduced sharply in the following year.

In value terms, sunflower oilcake exports shrank sharply to $X in 2019. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when exports increased by X% y-o-y. As a result, exports reached the peak of $X. From 2009 to 2019, the growth exports failed to regain the momentum.

Exports by Country

Turkey (X tonnes) was the main destination for sunflower oilcake exports from Greece, with a X% share of total exports. Moreover, sunflower oilcake exports to Turkey exceeded the volume sent to the second major destination, Cyprus (X tonnes), twofold. The third position in this ranking was occupied by Macedonia (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate of volume to Turkey stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cyprus (+X% per year) and Macedonia (-X% per year).

In value terms, the largest markets for sunflower oilcake exported from Greece were Turkey ($X), Cyprus ($X) and Malta ($X), with a combined X% share of total exports.

Malta (+X% per year) saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average sunflower oilcake export price amounted to $X per tonne, stabilizing at the previous year. Over the period under review, the export price continues to indicate a noticeable decrease. The pace of growth was the most pronounced in 2008 an increase of X% y-o-y. As a result, export price reached the peak level of $X per tonne. From 2009 to 2019, the growth in terms of the average export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2019, the highest prices were recorded for prices to Malta ($X per tonne) and Cyprus ($X per tonne), while the average price for exports to Turkey ($X per tonne) and Serbia ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Italy, while the prices for the other major destinations experienced more modest paces of growth.

Sunflower Oilcake Imports

Imports into Greece

Sunflower oilcake imports into Greece fell sharply to X tonnes in 2019, with a decrease of -X% against 2018 figures. In general, imports showed a pronounced decrease. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. Over the period under review, imports attained the maximum at X tonnes in 2018, and then reduced rapidly in the following year.

In value terms, sunflower oilcake imports fell significantly to $X in 2019. Over the period under review, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2007; however, from 2008 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, Bulgaria (X tonnes) constituted the largest supplier of sunflower oilcake to Greece, with a X% share of total imports. Moreover, sunflower oilcake imports from Bulgaria exceeded the figures recorded by the second-largest supplier, Ukraine (X tonnes), sevenfold. The third position in this ranking was occupied by Russia (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate of volume from Bulgaria totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (-X% per year) and Russia (-X% per year).

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

From 2007 to 2019, the average annual rate of growth in terms of value from Bulgaria totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (-X% per year) and Russia (-X% per year).

Import Prices by Country

The average sunflower oilcake import price stood at $X per tonne in 2019, picking up by X% against the previous year. In general, the import price, however, saw a pronounced downturn. The pace of growth was the most pronounced in 2011 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2013; however, from 2014 to 2019, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Russia ($X per tonne), while the price for Italy ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Russia, 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 oilcake in the world?
+
The country with the largest volume of sunflower oilcake consumption was China (16M tonnes), accounting for 17% of total volume. Moreover, sunflower oilcake consumption in China exceeded the figures recorded by the second-largest consumer, India (6.3M tonnes), threefold. The U.S. (5.4M tonnes) ranked third in terms of total consumption with a 6% share.
What are the largest producers of sunflower oilcake in the world?
+
China (15M tonnes) remains the largest sunflower oilcake producing country worldwide, accounting for 17% of total volume. Moreover, sunflower oilcake production in China exceeded the figures recorded by the second-largest producer, India (6M tonnes), threefold. The third position in this ranking was occupied by the U.S. (5.4M tonnes), with a 5.9% share.
What are the leading suppliers of sunflower oilcake to Greece?
+
In value terms, Bulgaria ($6.4M) constituted the largest supplier of sunflower oilcake to Greece, comprising 69% of total imports. The second position in the ranking was occupied by Ukraine ($1.1M), with a 12% share of total imports. It was followed by Russia, with a 11% share.
What are the leading importers of sunflower oilcake from Greece?
+
In value terms, the largest markets for sunflower oilcake exported from Greece were Turkey ($1.2M), Cyprus ($639K) and Malta ($162K), with a combined 87% share of total exports.
What is the average export price for sunflower oilcake in Greece?
+
The average sunflower oilcake export price stood at $193 per tonne in 2019, flattening at the previous year.
What is the average import price for sunflower oilcake in Greece?
+
In 2019, the average sunflower oilcake import price amounted to $173 per tonne, increasing by 2.4% against the previous year.

Product coverage:
• Prodcom 10414150 - Oilcake and other solid residues resulting from the extraction of sunflower seed fats or oils

This report provides an in-depth analysis of the sunflower oilcake market in Greece. 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:
• Greece

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