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Latin America and the Caribbean - Crude Sunflower-Seed And Safflower Oil - Market Analysis, Forecast, Size, Trends And Insights
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Latin America and the Caribbean: Overview of the Market for Crude Sunflower-Seed And Safflower Oil 2021

Market Size for Crude Sunflower-Seed And Safflower Oil in Latin America and the Caribbean

The Latin American market for crude sunflower-seed and safflower oil rose notably to $X in 2020, increasing by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, the market reached the maximum level in 2020 and is expected to retain growth in the immediate term.

Production of Crude Sunflower-Seed And Safflower Oil in Latin America and the Caribbean

In value terms, crude sunflower-seed and safflower oil production amounted to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 when the production volume increased by X% against the previous year. The level of production peaked in 2020 and is likely to see steady growth in the immediate term.

Production By Country in Latin America and the Caribbean

The countries with the highest volumes of crude sunflower-seed and safflower oil production in 2020 were Brazil (X tonnes), Mexico (X tonnes) and Argentina (X tonnes), with a combined X% share of total production. These countries were followed by Colombia, Venezuela, Peru, Chile, Bolivia, Cuba and Guatemala, which together accounted for a further X 2007 to 2020, the biggest increases were in Colombia, while crude sunflower-seed and safflower oil production for the other leaders experienced more modest paces of growth.

Exports of Crude Sunflower-Seed And Safflower Oil

Exports in Latin America and the Caribbean

In 2020, crude sunflower-seed and safflower oil exports in Latin America and the Caribbean fell rapidly to X tonnes, waning by -X% against the year before. Overall, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. The volume of export peaked at X tonnes in 2008; however, from 2009 to 2020, exports remained at a lower figure.

In value terms, crude sunflower-seed and safflower oil exports fell remarkably to $X in 2020. Over the period under review, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2008 when exports increased by X% against the previous year. As a result, exports attained the peak of $X. From 2009 to 2020, the growth exports remained at a lower figure.

Exports by Country

Argentina was the main exporting country with an export of around X tonnes, which reached X% of total exports. Bolivia (X tonnes) held the second position in the ranking, distantly followed by Mexico (X tonnes). All these countries together took approx. X% share of total exports.

From 2007 to 2020, average annual rates of growth with regard to crude sunflower-seed and safflower oil exports from Argentina stood at -X%. At the same time, Bolivia (+X%) displayed positive paces of growth. Moreover, Bolivia emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +X% from 2007-2020. By contrast, Mexico (-X%) illustrated a downward trend over the same period. While the share of Bolivia (+X p.p.) and Mexico (+X p.p.) increased significantly in terms of the total exports from 2007-2020, the share of Argentina (-X p.p.) displayed negative dynamics.

In value terms, Argentina ($X) remains the largest crude sunflower-seed and safflower oil supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was occupied by Bolivia ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value in Argentina amounted to -X%. In the other countries, the average annual rates were as follows: Bolivia (+X% per year) and Mexico (-X% per year).

Export Prices by Country

The export price for crude sunflower-seed and safflower oil in Latin America and the Caribbean stood at $X per tonne in 2020, with an increase of X% against the previous year. Export price indicated modest growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2008 when the export price increased by X% year-to-year. The level of export peaked at $X per tonne in 2012; however, from 2013 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Mexico ($X per tonne), while Bolivia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Mexico, while the other leaders experienced mixed trends in the export price figures.

Imports of Crude Sunflower-Seed And Safflower Oil

Imports in Latin America and the Caribbean

In 2020, the amount of crude sunflower-seed and safflower oil imported in Latin America and the Caribbean declined to X tonnes, shrinking by -X% compared with 2019. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by X% year-to-year. As a result, imports attained the peak of X tonnes. From 2018 to 2020, the growth imports remained at a lower figure.

In value terms, crude sunflower-seed and safflower oil imports shrank to $X in 2020. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 when imports increased by X% year-to-year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2020, imports failed to regain the momentum.

Imports by Country

The purchases of the six major importers of crude sunflower-seed and safflower oil, namely Brazil, Chile, Ecuador, Peru, Uruguay and Colombia, represented more than two-thirds of total import. Guatemala (X tonnes) took a little share of total imports.

From 2007 to 2020, the biggest increases were in Chile, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Chile ($X) and Ecuador ($X) were the countries with the highest levels of imports in 2020, with a combined X% share of total imports.

Chile recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the import price for crude sunflower-seed and safflower oil in Latin America and the Caribbean amounted to $X per tonne, declining 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 an increase of X% year-to-year. Over the period under review, import prices reached the maximum at $X per tonne in 2011; however, from 2012 to 2020, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2020, major importing countries recorded the following prices: in Guatemala ($X per tonne) and Ecuador ($X per tonne), while Brazil ($X per tonne) and Peru ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Ecuador, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for crude sunflower-seed and safflower oil in LatAmerica and the Caribbean?
+
The countries with the highest volumes of crude sunflower-seed and safflower oil consumption in 2020 were Brazil (1.6M tonnes), Mexico (1.1M tonnes) and Argentina (417K tonnes), with a combined 63% share of total consumption. Colombia, Venezuela, Peru, Chile, Cuba, Guatemala and Ecuador lagged somewhat behind, together accounting for a further 26%.
What are the largest producers of crude sunflower-seed and safflower oil in LatAmerica and the Caribbean?
+
The countries with the highest volumes of crude sunflower-seed and safflower oil production in 2020 were Brazil (1.5M tonnes), Mexico (1.1M tonnes) and Argentina (671K tonnes), together accounting for 65% of total production. These countries were followed by Colombia, Venezuela, Peru, Chile, Bolivia, Cuba and Guatemala, which together accounted for a further 24%.
What are the leading exporters of crude sunflower-seed and safflower oil in LatAmerica and the Caribbean?
+
In value terms, Argentina ($217M) remains the largest crude sunflower-seed and safflower oil supplier in Latin America and the Caribbean, comprising 70% of total exports. The second position in the ranking was occupied by Bolivia ($59M), with a 19% share of total exports.
What are the leading importers of crude sunflower-seed and safflower oil in LatAmerica and the Caribbean?
+
In value terms, the largest crude sunflower-seed and safflower oil importing markets in Latin America and the Caribbean were Brazil ($33M), Chile ($27M) and Ecuador ($24M), together comprising 58% of total imports.
What is the average export price for crude sunflower-seed and safflower oil in LatAmerica and the Caribbean?
+
The export price for crude sunflower-seed and safflower oil in Latin America and the Caribbean stood at $862 per tonne in 2020, growing by 18% against the previous year.
What is the average import price for crude sunflower-seed and safflower oil in LatAmerica and the Caribbean?
+
In 2020, the import price for crude sunflower-seed and safflower oil in Latin America and the Caribbean amounted to $796 per tonne, shrinking by -3.4% against the previous year.

Product coverage:
• Prodcom 10412400 - Crude sunflower-seed and safflower oil and their fractions (excluding chemically modified)

This report provides an in-depth analysis of the market for crude sunflower-seed and safflower oil in Latin America and the Caribbean. 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:
• Anguilla
• Antigua and Barbuda
• Aruba
• Bahamas
• Barbados
• Belize
• Bermuda
• Bolivia
• British Virgin Islands
• Cayman Islands
• Costa Rica
• Curacao
• Dominica
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Saint Kitts and Nevis
• Saint Lucia
• Saint Maarten (Dutch part)
• Saint Vincent and the Grenadines
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Latin America and the Caribbean, split by region and country
• Trade (exports and imports) in Latin America and the Caribbean
• 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
CONSUMPTION BY COUNTRY
3.3
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
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Anguilla
• Antigua and Barbuda
• Argentina
• Aruba
• Bahamas
• Barbados
• Belize
• Bermuda
• Bolivia
• Brazil
• British Virgin Islands
• Cayman Islands
• Chile
• Colombia
• Costa Rica
• Cuba
• Curacao
• Dominica
• Dominican Republic
• Ecuador
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Mexico
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Peru
• Saint Kitts and Nevis
• Saint Lucia
• Saint Vincent and the Grenadines
• Saint Maarten (Dutch part)
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands
• Uruguay
• Venezuela
• Puerto Rico
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, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

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