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

Market Size for Crude Sunflower-Seed And Safflower Oil in Northern America

The North American market for crude sunflower-seed and safflower oil was finally on the rise to reach $X in 2019, after two years of decline. The market value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2012 when the market value increased by X% year-to-year. The level of consumption peaked at $X in 2016; however, from 2017 to 2019, consumption stood at a somewhat lower figure.

Production of Crude Sunflower-Seed And Safflower Oil in Northern America

In value terms, crude sunflower-seed and safflower oil production amounted to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. The level of production peaked at $X in 2016; however, from 2017 to 2019, production remained at a lower figure.

Production By Country in Northern America

The country with the largest volume of crude sunflower-seed and safflower oil production was the U.S. (X tonnes), accounting for X% of total volume. Moreover, crude sunflower-seed and safflower oil production in the U.S. exceeded the figures recorded by the second-largest producer, Canada (X tonnes), sixfold.

From 2007 to 2019, the average annual rate of growth in terms of volume in the U.S. stood at +X%.

Exports of Crude Sunflower-Seed And Safflower Oil

Exports in Northern America

In 2019, shipments abroad of crude sunflower-seed and safflower oil increased by X% to X tonnes, rising for the second consecutive year after three years of decline. Total exports indicated a pronounced expansion from 2007 to 2019: its volume 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, exports increased by +X% against 2017 indices. The pace of growth was the most pronounced in 2009 with an increase of X% y-o-y. Over the period under review, exports hit record highs in 2019 and are expected to retain growth in the near future.

In value terms, crude sunflower-seed and safflower oil exports soared to $X in 2019. Total exports indicated a resilient increase 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, exports increased by +X% against 2017 indices. The level of export peaked at $X in 2014; however, from 2015 to 2019, exports stood at a somewhat lower figure.

Exports by Country

The biggest shipments were from the U.S. (X tonnes), together accounting for X% of total export.

The U.S. was also the fastest-growing in terms of the crude sunflower-seed and safflower oil exports, with a CAGR of +X% from 2007 to 2019. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) also remains the largest crude sunflower-seed and safflower oil supplier in Northern America.

From 2007 to 2019, the average annual rate of growth in terms of value in the U.S. totaled +X%.

Export Prices by Country

The export price for crude sunflower-seed and safflower oil in Northern America stood at $X per tonne in 2019, growing by X% against the previous year. Over the last twelve-year period, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2012 when the export price increased by X% year-to-year. The level of export peaked at $X per tonne in 2015; however, from 2016 to 2019, export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the U.S..

From 2007 to 2019, the rate of growth in terms of prices for the U.S. amounted to +X% per year.

Imports of Crude Sunflower-Seed And Safflower Oil

Imports in Northern America

After two years of growth, overseas purchases of crude sunflower-seed and safflower oil decreased by -X% to X tonnes in 2019. Over the period under review, imports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2015 when imports increased by X% y-o-y. Over the period under review, imports reached the maximum at X tonnes in 2007; however, from 2008 to 2019, imports remained at a lower figure.

In value terms, crude sunflower-seed and safflower oil imports dropped to $X in 2019. Overall, imports showed a noticeable decline. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. The level of import peaked at $X in 2012; however, from 2013 to 2019, imports remained at a lower figure.

Imports by Country

The U.S. prevails in crude sunflower-seed and safflower oil imports structure, reaching X tonnes, which was approx. X% of total imports in 2019. It was distantly followed by Canada (X tonnes), mixing up a X% share of total imports.

Imports into the U.S. decreased at an average annual rate of -X% from 2007 to 2019. At the same time, Canada (+X%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing importer imported in Northern America, with a CAGR of +X% from 2007-2019. While the share of Canada (+X p.p.) increased significantly in terms of the total imports from 2007-2019, the share of the U.S. (-X p.p.) displayed negative dynamics.

In value terms, the U.S. ($X) constitutes the largest market for imported crude sunflower-seed and safflower oil in Northern America, comprising X% of total imports. The second position in the ranking was occupied by Canada ($X), with a X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of value in the U.S. totaled -X%.

Import Prices by Country

In 2019, the import price for crude sunflower-seed and safflower oil in Northern America amounted to $X per tonne, with an increase of X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2011 an increase of X% against the previous year. The level of import peaked at $X per tonne in 2013; however, from 2014 to 2019, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was the U.S. ($X per tonne), while Canada stood at $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the U.S..

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for crude sunflower-seed and safflower oil in Northern America?
+
The U.S. (1.9M tonnes) remains the largest crude sunflower-seed and safflower oil consuming country in Northern America, comprising approx. 85% of total volume. Moreover, crude sunflower-seed and safflower oil consumption in the U.S. exceeded the figures recorded by the second-largest consumer, Canada (337K tonnes), sixfold.
What are the largest producers of crude sunflower-seed and safflower oil in Northern America?
+
The country with the largest volume of crude sunflower-seed and safflower oil production was the U.S. (1.9M tonnes), comprising approx. 85% of total volume. Moreover, crude sunflower-seed and safflower oil production in the U.S. exceeded the figures recorded by the second-largest producer, Canada (335K tonnes), sixfold.
What are the leading exporters of crude sunflower-seed and safflower oil in Northern America?
+
In value terms, the U.S. ($43M) remains the largest crude sunflower-seed and safflower oil supplier in Northern America.
What are the leading importers of crude sunflower-seed and safflower oil in Northern America?
+
In value terms, the U.S. ($47M) constitutes the largest market for imported crude sunflower-seed and safflower oil in Northern America, comprising 98% of total imports. The second position in the ranking was occupied by Canada ($984K), with a 2% share of total imports.
What is the average export price for crude sunflower-seed and safflower oil in Northern America?
+
In 2019, the export price for crude sunflower-seed and safflower oil in Northern America amounted to $1,225 per tonne, growing by 19% against the previous year.
What is the average import price for crude sunflower-seed and safflower oil in Northern America?
+
In 2019, the import price for crude sunflower-seed and safflower oil in Northern America amounted to $1,307 per tonne, increasing by 9.2% 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 Northern America. 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:
• Bermuda
• Greenland
• Saint Pierre and Miquelon

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Northern America, split by region and country
• Trade (exports and imports) in Northern America
• 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

• Bermuda
• Canada
• Greenland
• Saint Pierre and Miquelon
• USA
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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