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Norway - Sunflower Seed - Market Analysis, Forecast, Size, Trends and Insights
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Norway: Sunflower Seed Market Overview 2021

Sunflower Seed Market Size in Norway

The Norwegian sunflower seed market amounted to $X in 2020, increasing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. As a result, consumption attained the peak level of $X. from 2012 to 2020, the growth of the market remained at a somewhat lower figure.

Sunflower Seed Exports

Exports from Norway

In 2020, shipments abroad of sunflower seed decreased by -X% to X tonnes, falling for the third consecutive year after two years of growth. Over the period under review, exports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, exports attained the peak figure at X tonnes in 2017; however, from 2018 to 2020, exports stood at a somewhat lower figure.

In value terms, sunflower seed exports declined modestly to $X in 2020. Overall, exports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2014 when exports increased by X% y-o-y. Over the period under review, exports reached the peak figure at $X in 2017; however, from 2018 to 2020, exports failed to regain the momentum.

Exports by Country

Sweden (X tonnes) was the main destination for sunflower seed exports from Norway, accounting for a approx. X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to Sweden totaled +X%.

In value terms, Sweden ($X) also remains the key foreign market for sunflower seed exports from Norway.

From 2007 to 2020, the average annual rate of growth in terms of value to Sweden totaled +X%.

Export Prices by Country

The average sunflower seed export price stood at $X per tonne in 2020, picking up by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 when the average export price increased by X% against the previous year. The export price peaked at $X per tonne in 2012; however, from 2013 to 2020, export prices failed to regain the momentum.

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

From 2007 to 2020, the rate of growth in terms of prices for Sweden amounted to -X% per year.

Sunflower Seed Imports

Imports into Norway

Sunflower seed imports into Norway was estimated at X tonnes in 2020, approximately reflecting the previous year's figure. The total import volume increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. As a result, imports attained the peak of X tonnes. from 2019 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, sunflower seed imports rose remarkably to $X in 2020. Overall, total imports indicated a moderate expansion from 2007 to 2020: its value 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. Based on 2020 figures, imports decreased by -X% against 2018 indices. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. As a result, imports attained the peak of $X. from 2012 to 2020, the growth imports remained at a lower figure.

Imports by Country

In 2020, Bulgaria (X tonnes) constituted the largest sunflower seed supplier to Norway, with a X% share of total imports. Moreover, sunflower seed imports from Bulgaria exceeded the figures recorded by the second-largest supplier, Austria (X tonnes), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume from Bulgaria stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+X% per year) and Hungary (-X% per year).

In value terms, Bulgaria ($X) constituted the largest supplier of sunflower seed to Norway, comprising X% of total imports. The second position in the ranking was occupied by Austria ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value from Bulgaria totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+X% per year) and Hungary (-X% per year).

Import Prices by Country

The average sunflower seed import price stood at $X per tonne in 2020, with an increase of X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 an increase of X% y-o-y. The import price peaked at $X per tonne in 2011; however, from 2012 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Austria ($X per tonne), while the price for Bulgaria ($X per tonne) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sunflower seed in the world?
+
The countries with the highest volumes of sunflower seed consumption in 2020 were Ukraine (17M tonnes), Russia (15M tonnes) and Argentina (3.7M tonnes), together comprising 59% of global consumption. Turkey, Romania, China, Bulgaria, Hungary, France, Tanzania, Spain and the U.S. lagged somewhat behind, together comprising a further 27%.
What are the largest producers of sunflower seed in the world?
+
The countries with the highest volumes of sunflower seed production in 2020 were Ukraine (17M tonnes), Russia (17M tonnes) and Romania (4.2M tonnes), together comprising 62% of global production.
What are the leading suppliers of sunflower seed to Norway?
+
In value terms, Bulgaria ($8.8M) constituted the largest supplier of sunflower seed to Norway, comprising 73% of total imports. The second position in the ranking was occupied by Austria ($1.2M), with a 10% share of total imports.
What are the leading importers of sunflower seed from Norway?
+
In value terms, Sweden ($297K) remains the key foreign market for sunflower seed exports from Norway.
What is the average export price for sunflower seed in Norway?
+
In 2020, the average sunflower seed export price amounted to $998 per tonne, rising by 6.3% against the previous year.
What is the average import price for sunflower seed in Norway?
+
The average sunflower seed import price stood at $931 per tonne in 2020, with an increase of 9.5% against the previous year.

Product coverage:
• FCL 267 - Sunflower seed

This report provides an in-depth analysis of the sunflower seed market in Norway. 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:
• Norway

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

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
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
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, HARVESTED AREA AND YIELD
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 2030
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:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020
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