Southern Asia: Sunflower Seed Market 2024

Sunflower Seed Market Size in Southern Asia

In 2022, the South Asian sunflower seed market was finally on the rise to reach $X after three years of decline. Over the period under review, consumption, however, showed a deep downturn. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Sunflower Seed Production in Southern Asia

In value terms, sunflower seed production declined slightly to $X in 2022 estimated in export price. In general, production, however, faced a abrupt downturn. The growth pace was the most rapid in 2018 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

The countries with the highest volumes of production in 2022 were India (X tons) and Pakistan (X tons).

From 2012 to 2022, the biggest increases were recorded for Pakistan (with a CAGR of X%).

In 2022, the average yield of sunflower seed in Southern Asia rose to X tons per ha, picking up by X% compared with the previous year's figure. The yield indicated a pronounced increase from 2012 to 2022: its figure 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, sunflower seed yield decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the sunflower seed yield attained the peak level at X tons per ha in 2020; afterwards, it flattened through to 2022. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of sunflower seed were harvested in Southern Asia; increasing by X% against 2021. Overall, the harvested area, however, saw a deep contraction. The level of harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area failed to regain momentum.

Sunflower Seed Exports

Exports in Southern Asia

Sunflower seed exports shrank to X tons in 2022, with a decrease of X% on the previous year. Overall, exports saw a deep setback. The pace of growth appeared the most rapid in 2017 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, sunflower seed exports declined to $X in 2022. In general, exports saw a abrupt downturn. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, India (X tons) was the major exporter of sunflower seed in Southern Asia, committing X% of total export.

India was also the fastest-growing in terms of the sunflower seed exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest sunflower seed supplier in Southern Asia.

In India, sunflower seed exports plunged by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price, however, recorded a noticeable curtailment. The pace of growth was the most pronounced in 2021 when the export price increased by X%. Over the period under review, the export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for India amounted to X% per year.

Sunflower Seed Imports

Imports in Southern Asia

In 2022, overseas purchases of sunflower seed were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a abrupt descent. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, sunflower seed imports skyrocketed to $X in 2022. Overall, imports, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Pakistan represented the largest importing country with an import of about X tons, which finished at X% of total imports. Afghanistan (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by India (X%).

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Afghanistan (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest sunflower seed importing markets in Southern Asia were Afghanistan ($X), Pakistan ($X) and India ($X), with a combined X% share of total imports.

In terms of the main importing countries, Afghanistan, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the import price showed a mild curtailment. The pace of growth appeared the most rapid in 2013 when the import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Afghanistan ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Afghanistan (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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