Italy: Sunflower Seed Market 2024

Sunflower Seed Market Size in Italy

In 2022, the Italian sunflower seed market decreased by X% to $X, falling for the third consecutive year after three years of growth. Overall, the total consumption indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2019 indices. Sunflower seed consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Sunflower Seed Production in Italy

In value terms, sunflower seed production amounted to $X in 2022 estimated in export price. Over the period under review, production showed prominent growth. The pace of growth was the most pronounced in 2017 when the production volume increased by X% against the previous year. Sunflower seed production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

The average yield of sunflower seed in Italy stood at X tons per ha in 2022, remaining constant against 2021 figures. Overall, the yield, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The sunflower seed yield peaked at X tons per ha in 2012; however, from 2013 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of sunflower seed production in Italy reached X ha, growing by X% on the previous year. Over the period under review, the harvested area continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the harvested area increased by X%. As a result, the harvested area reached the peak level of X ha. From 2014 to 2022, the growth of the sunflower seed harvested area remained at a somewhat lower figure.

Sunflower Seed Exports

Exports from Italy

In 2022, overseas shipments of sunflower seed increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, exports, however, continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2018 when exports increased by X%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, sunflower seed exports totaled $X in 2022. Overall, exports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Bulgaria (X tons), France (X tons) and Austria (X tons) were the main destinations of sunflower seed exports from Italy, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Bulgaria ($X), Austria ($X) and France ($X) constituted the largest markets for sunflower seed exported from Italy worldwide, with a combined X% share of total exports.

Bulgaria, with a CAGR of X%, saw the highest growth rate of 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 2022, the average sunflower seed export price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the export price continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to Sweden ($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 Switzerland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sunflower Seed Imports

Imports into Italy

In 2022, overseas purchases of sunflower seed decreased by X% to X tons, falling for the third year in a row after two years of growth. Overall, imports saw a perceptible setback. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, sunflower seed imports surged to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Romania (X tons), Hungary (X tons) and Austria (X tons) were the main suppliers of sunflower seed imports to Italy, together comprising X% of total imports. Croatia, the Netherlands, Greece, France and Slovenia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Croatia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Romania ($X), Hungary ($X) and the Netherlands ($X) constituted the largest sunflower seed suppliers to Italy, with a combined X% share of total imports. Austria, France, Croatia, Greece and Slovenia lagged somewhat behind, together comprising a further X%.

Croatia, with a CAGR of X%, recorded 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 2022, the average sunflower seed import price amounted to $X per ton, increasing by X% against the previous year. In general, the import price saw a prominent expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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