Kyrgyzstan: Market for Sunflower-Seed And Safflower Oil 2019

Market Size for Sunflower-Seed And Safflower Oil in Kyrgyzstan

The revenue of the sunflower-seed and safflower oil market in Kyrgyzstan amounted to $X in 2018, increasing by X% against the previous year. Overall, sunflower-seed and safflower oil consumption continues to indicate resilient growth. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Over the period under review, the sunflower-seed and safflower oil market reached its maximum level at $X in 2015; however, from 2016 to 2018, consumption remained at a lower figure.

Production of Sunflower-Seed And Safflower Oil in Kyrgyzstan

In value terms, sunflower-seed and safflower oil production stood at $X in 2018 estimated in export prices. Over the period under review, sunflower-seed and safflower oil production continues to indicate a perceptible decline. The pace of growth was the most pronounced in 2009 when production volume increased by X% against the previous year. In that year, sunflower-seed and safflower oil production attained its peak level of $X. From 2010 to 2018, sunflower-seed and safflower oil production growth failed to regain its momentum.

Exports of Sunflower-Seed And Safflower Oil

Exports from Kyrgyzstan

In 2018, the sunflower-seed and safflower oil exports from Kyrgyzstan stood at X tons, declining by -X% against the previous year. Overall, sunflower-seed and safflower oil exports continue to indicate a dramatic contraction. The pace of growth appeared the most rapid in 2016 when exports increased by X% year-to-year. Kyrgyzstan exports peaked at X tons in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, sunflower-seed and safflower oil exports stood at $X in 2018. Over the period under review, sunflower-seed and safflower oil exports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2016 when exports increased by X% y-o-y. In that year, sunflower-seed and safflower oil exports attained their peak of $X. From 2017 to 2018, the growth of sunflower-seed and safflower oil exports remained at a somewhat lower figure.

Exports by Country

In 2018, Ukraine (X tons) represented the major exporter of sunflower-seed and safflower oil, mixing up X% of total exports. Russia (X tons) occupied the second position in the ranking, distantly followed by Argentina (X tons), the Netherlands (X tons) and Hungary (X tons). All these countries together took approx. X% share of total exports. France (X tons), Turkey (X tons), Bulgaria (X tons), Spain (X tons) and Romania (X tons) held a relatively small share of total exports.

Exports from Ukraine increased at an average annual rate of +X% from 2007 to 2018. At the same time, Turkey (+X%), Bulgaria (+X%), Spain (+X%), Romania (+X%), Hungary (+X%), Russia (+X%), France (+X%) and the Netherlands (+X%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Argentina experienced a relatively flat trend pattern. While the share of Ukraine (+X p.p.), Russia (+X p.p.), Turkey (+X p.p.), Hungary (+X p.p.), Bulgaria (+X p.p.), Spain (+X p.p.) and the Netherlands (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ukraine ($X) remains the largest sunflower-seed and safflower oil supplier from Kyrgyzstan, comprising X% of global exports. The second position in the ranking was occupied by Russia ($X), with a X% share of global exports. It was followed by Argentina, with a X% share.

In Ukraine, sunflower-seed and safflower oil exports expanded at an average annual rate of +X% over the period from 2007-2018. The remaining exporting countries recorded the following average annual rates of exports growth: Russia (+X% per year) and Argentina (+X% per year).

Export Prices by Country

In 2018, the sunflower-seed and safflower oil export price in Kyrgyzstan amounted to $X per ton, going up by X% against the previous year. Over the period under review, the export price indicated significant growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, sunflower-seed and safflower oil export price increased by +X% against 2008 indices. The pace of growth was the most pronounced in 2009 an increase of X% against the previous year. Kyrgyzstan export price peaked in 2018 and is likely to continue its growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2018, major exporting countries recorded the following prices: in Turkey ($X per ton) and Spain ($X per ton), while Ukraine ($X per ton) and Argentina ($X per ton) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Russia, while the other leaders experienced mixed trends in the export price figures.

Imports of Sunflower-Seed And Safflower Oil

Imports into Kyrgyzstan

Sunflower-seed and safflower oil imports into Kyrgyzstan amounted to X tons in 2018, rising by X% against the previous year. Over the period under review, sunflower-seed and safflower oil imports continue to indicate a remarkable expansion. The pace of growth appeared the most rapid in 2009 when imports increased by X% against the previous year. Kyrgyzstan imports peaked at X tons in 2015; however, from 2016 to 2018, imports failed to regain their momentum.

In value terms, sunflower-seed and safflower oil imports stood at $X in 2018. Over the period under review, sunflower-seed and safflower oil imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Kyrgyzstan imports peaked at $X in 2013; however, from 2014 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, India (X tons) was the largest importer of sunflower-seed and safflower oil, creating X% of total imports. Italy (X tons) took the second position in the ranking, followed by Turkey (X tons), Spain (X tons) and the Netherlands (X tons). All these countries together occupied near X% share of total imports. Iraq (X tons), Iran (X tons), Belgium (X tons), Germany (X tons), the UK (X tons), Egypt (X tons) and France (X tons) followed a long way behind the leaders.

India was also the fastest-growing in terms of the sunflower-seed and safflower oil imports, with a CAGR of +X% from 2007 to 2018. At the same time, Turkey (+X%), Italy (+X%), Iraq (+X%), Iran (+X%), Egypt (+X%), Spain (+X%), the Netherlands (+X%), Belgium (+X%), Germany (+X%) and the UK (+X%) displayed positive paces of growth. France experienced a relatively flat trend pattern. From 2007 to 2018, the share of India, Turkey, Italy, Iraq, Iran, Spain, the Netherlands and Egypt increased by +X%, +X%, +X%, +X%, +X%, +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported sunflower-seed and safflower oil into Kyrgyzstan, comprising X% of global imports. The second position in the ranking was occupied by Italy ($X), with a X% share of global imports. It was followed by the Netherlands, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in India amounted to +X%. In the other countries, the average annual rates were as follows: Italy (+X% per year) and the Netherlands (+X% per year).

Import Prices by Country

The sunflower-seed and safflower oil import price in Kyrgyzstan stood at $X per ton in 2018, shrinking by -X% against the previous year. In general, the sunflower-seed and safflower oil import price continues to indicate a moderate drop. The growth pace was the most rapid in 2008 an increase of X% y-o-y. In that year, the import prices for sunflower-seed and safflower oil attained their peak level of $X per ton. From 2009 to 2018, the growth in terms of the import prices for sunflower-seed and safflower oil remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2018, major importing countries recorded the following prices: in Germany ($X per ton) and Belgium ($X per ton), while Iran ($X per ton) and Turkey ($X per ton) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by India, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform