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Ireland - Refined Sunflower-Seed And Safflower Oil - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

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Ireland: Overview of the Market for Sunflower-Seed Or Safflower Oil, Refined, But Not Chemically Modified 2021

Market Size for Sunflower-Seed Or Safflower Oil, Refined, But Not Chemically Modified in Ireland

In 2019, the Irish market for sunflower-seed or safflower oil, refined, but not chemically modified decreased by -X% to $X, falling for the seventh year in a row after two years of growth. The market value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2008 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2019, consumption remained at a lower figure.

Production of Sunflower-Seed Or Safflower Oil, Refined, But Not Chemically Modified in Ireland

In value terms, production of sunflower-seed or safflower oil, refined, but not chemically modified reduced to $X in 2019 estimated in export prices. In general, production, however, continues to indicate a mild slump. The pace of growth was the most pronounced in 2012 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2013 to 2019, production growth remained at a somewhat lower figure.

Exports of Sunflower-Seed Or Safflower Oil, Refined, But Not Chemically Modified

Exports from Ireland

After five years of decline, overseas shipments of sunflower-seed or safflower oil, refined, but not chemically modified increased by X% to X tonnes in 2019. In general, exports saw a measured expansion. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, exports attained the peak figure at X tonnes in 2013; however, from 2014 to 2019, exports failed to regain the momentum.

In value terms, exports of sunflower-seed or safflower oil, refined, but not chemically modified skyrocketed to $X in 2019. Overall, exports enjoyed a moderate increase. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Over the period under review, exports attained the peak figure at $X in 2013; however, from 2014 to 2019, exports stood at a somewhat lower figure.

Exports by Country

The UK (X tonnes) was the main destination for exports of sunflower-seed or safflower oil, refined, but not chemically modified from Ireland, with a X% share of total exports. Moreover, exports of sunflower-seed or safflower oil, refined, but not chemically modified to the UK exceeded the volume sent to the second major destination, Belgium (X tonnes), fourfold.

From 2007 to 2019, the average annual growth rate of volume to the UK totaled +X%.

In value terms, the UK ($X) remains the key foreign market for sunflower-seed or safflower oil, refined, but not chemically modified exports from Ireland, comprising X% of total exports. The second position in the ranking was occupied by Belgium ($X), with a X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of value to the UK stood at +X%.

Export Prices by Country

The average export price for sunflower-seed or safflower oil, refined, but not chemically modified stood at $X per tonne in 2019, waning by -X% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the average export price increased by X% year-to-year. As a result, export price attained 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 country with the highest price was the UK ($X per tonne), while the average price for exports to Belgium amounted to $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the UK.

Imports of Sunflower-Seed Or Safflower Oil, Refined, But Not Chemically Modified

Imports into Ireland

In 2019, the amount of sunflower-seed or safflower oil, refined, but not chemically modified imported into Ireland reached X tonnes, stabilizing at 2018. Over the period under review, imports showed a strong expansion. The pace of growth was the most pronounced in 2011 when imports increased by X% y-o-y. As a result, imports reached the peak of X tonnes. From 2012 to 2019, the growth of imports remained at a lower figure.

In value terms, imports of sunflower-seed or safflower oil, refined, but not chemically modified contracted to $X in 2019. In general, imports showed a resilient increase. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. As a result, imports attained the peak of $X. From 2012 to 2019, the growth of imports remained at a lower figure.

Imports by Country

Belgium (X tonnes), Spain (X tonnes) and the Netherlands (X tonnes) were the main suppliers of imports of sunflower-seed or safflower oil, refined, but not chemically modified to Ireland, with a combined X% share of total imports. The UK, France, Germany and Austria lagged somewhat behind, together comprising a further X 2007 to 2019, the biggest increases were in Austria (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Belgium ($X) and Spain ($X) appeared to be the largest sunflower-seed or safflower oil, refined, but not chemically modified suppliers to Ireland, together accounting for X% of total imports. The UK, France, Austria and Germany lagged somewhat behind, together comprising a further X (+X% per year) saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average import price for sunflower-seed or safflower oil, refined, but not chemically modified amounted to $X per tonne, falling by -X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2011; however, from 2012 to 2019, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was the Netherlands ($X per tonne), while the price for Germany ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sunflower-seed or safflower oil, refined, but not chemically modified in the world?
+
China (7.3M tonnes) constituted the country with the largest volume of consumption of sunflower-seed or safflower oil, refined, but not chemically modified, comprising approx. 17% of total volume. Moreover, consumption of sunflower-seed or safflower oil, refined, but not chemically modified in China exceeded the figures recorded by the second-largest consumer, India (2.7M tonnes), threefold. The U.S. (2.4M tonnes) ranked third in terms of total consumption with a 5.7% share.
What are the largest producers of sunflower-seed or safflower oil, refined, but not chemically modified in the world?
+
The country with the largest volume of production of sunflower-seed or safflower oil, refined, but not chemically modified was China (7.3M tonnes), accounting for 17% of total volume. Moreover, production of sunflower-seed or safflower oil, refined, but not chemically modified in China exceeded the figures recorded by the second-largest producer, India (2.7M tonnes), threefold. The U.S. (2.4M tonnes) ranked third in terms of total production with a 5.6% share.
What are the leading suppliers of sunflower-seed or safflower oil, refined, but not chemically modified to Ireland?
+
In value terms, the largest sunflower-seed or safflower oil, refined, but not chemically modified suppliers to Ireland were the Netherlands ($3.7M), Belgium ($3.1M) and Spain ($2.8M), together accounting for 63% of total imports. The UK, France, Austria and Germany lagged somewhat behind, together comprising a further 36%.
What are the leading importers of sunflower-seed or safflower oil, refined, but not chemically modified from Ireland?
+
In value terms, the UK ($63K) remains the key foreign market for sunflower-seed or safflower oil, refined, but not chemically modified exports from Ireland, comprising 87% of total exports. The second position in the ranking was occupied by Belgium ($9.8K), with a 13% share of total exports.
What is the average export price for sunflower-seed or safflower oil, refined, but not chemically modified in Ireland?
+
In 2019, the average export price for sunflower-seed or safflower oil, refined, but not chemically modified amounted to $1,353 per tonne, declining by -7.9% against the previous year.
What is the average import price for sunflower-seed or safflower oil, refined, but not chemically modified in Ireland?
+
In 2019, the average import price for sunflower-seed or safflower oil, refined, but not chemically modified amounted to $1,160 per tonne, with a decrease of -5.6% against the previous year.

Product coverage:
• Prodcom 10415400 - Refined sunflower-seed and safflower oil and their fractions (excluding chemically modified)

This report provides an in-depth analysis of the market for sunflower-seed or safflower oil, refined, but not chemically modified in Ireland. 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:

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