Report World - Refined Sunflower-Seed and Safflower Oil - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 21, 2023

World - Refined Sunflower-Seed and Safflower Oil - Market Analysis, Forecast, Size, Trends and Insights

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Overview of the Global Market for Sunflower-Seed Or Safflower Oil, Refined, But Not Chemically Modified

Market Size for Sunflower-Seed Or Safflower Oil, Refined, But Not Chemically Modified

In 2021, the global market for sunflower-seed or safflower oil, refined, but not chemically modified decreased by -6.5% to $X for the first time since 2014, thus ending a six-year rising trend. The market value increased at an average annual rate of +4.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Global consumption peaked at $X in 2020, and then reduced in the following year.

Production of Sunflower-Seed Or Safflower Oil, Refined, But Not Chemically Modified

In value terms, production of sunflower-seed or safflower oil, refined, but not chemically modified shrank to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 when the production volume increased by 20% against the previous year. Over the period under review, global production of reached the peak level at $X in 2020, and then fell in the following year.

Exports of Sunflower-Seed Or Safflower Oil, Refined, But Not Chemically Modified

Exports

In 2021, after two years of growth, there was significant decline in shipments abroad of sunflower-seed or safflower oil, refined, but not chemically modified, when their volume decreased by -13.3% to X tons. In general, total exports indicated a notable increase from 2012 to 2021: its volume increased at an average annual rate of +4.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when exports increased by 16%. The global exports peaked at X tons in 2020, and then contracted in the following year.

In value terms, exports of sunflower-seed or safflower oil, refined, but not chemically modified surged to $X in 2021. Over the period under review, total exports indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +72.3% against 2015 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Ukraine (X tons), Turkey (X tons) and Russia (X tons) was the main exporter of sunflower-seed or safflower oil, refined, but not chemically modified in the world, achieving 40% of total export. Hungary (X tons) took the next position in the ranking, followed by France (X tons), the Netherlands (X tons), Spain (X tons) and Germany (X tons). All these countries together took approx. 30% share of total exports. Belgium (X tons), Malaysia (X tons), Argentina (X tons), Romania (X tons) and Serbia (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Ukraine (with a CAGR of +12.2%), while the other global leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Ukraine ($X) and Russia ($X) constituted the countries with the highest levels of exports in 2021, together accounting for 40% of global exports.

Among the main exporting countries, Ukraine, with a CAGR of +13.5%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for sunflower-seed or safflower oil, refined, but not chemically modified amounted to $X per ton, jumping by 42% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The global export price peaked at $X per ton in 2012; afterwards, it flattened through to 2021.

Average prices varied noticeably amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in Spain ($X per ton) and Turkey ($X per ton), while Malaysia ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ukraine (+1.2%), while the other global leaders experienced more modest paces of growth.

Imports of Sunflower-Seed Or Safflower Oil, Refined, But Not Chemically Modified

Imports

In 2021, supplies from abroad of sunflower-seed or safflower oil, refined, but not chemically modified decreased by -14.9% to X tons for the first time since 2018, thus ending a two-year rising trend. Over the period under review, total imports indicated moderate growth from 2012 to 2021: its volume increased at an average annual rate of +4.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -2.0% against 2017 indices. The growth pace was the most rapid in 2017 when imports increased by 23% against the previous year. Over the period under review, global imports of reached the maximum at X tons in 2020, and then fell in the following year.

In value terms, imports of sunflower-seed or safflower oil, refined, but not chemically modified skyrocketed to $X in 2021. Overall, total imports indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +51.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 24% against the previous year. Over the period under review, global imports of attained the peak figure in 2021 and are likely to see gradual growth in years to come.

Imports by Country

In 2021, Belgium (X tons), followed by Uzbekistan (X tons) were the largest importers of sunflower-seed or safflower oil, refined, but not chemically modified, together achieving 12% of total imports. The Netherlands (X tons), the UK (X tons), France (X tons), Poland (X tons), Germany (X tons), Djibouti (X tons), Yemen (X tons), Syrian Arab Republic (X tons), Austria (X tons), the United States (X tons) and Belarus (X tons) took a little share of total imports.

From 2012 to 2021, the biggest increases were in Djibouti (with a CAGR of +83.5%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the largest sunflower-seed or safflower oil, refined, but not chemically modified importing markets worldwide were Belgium ($X), Uzbekistan ($X) and the Netherlands ($X), together accounting for 16% of global imports. These countries were followed by the UK, France, Poland, Germany, Djibouti, the United States, Yemen, Syrian Arab Republic, Austria and Belarus, which together accounted for a further 31%.

Djibouti, with a CAGR of +82.6%, 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 global leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for sunflower-seed or safflower oil, refined, but not chemically modified amounted to $X per ton, picking up by 43% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $X per ton in 2012; afterwards, it flattened through to 2021.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in the United States ($X per ton) and France ($X per ton), while Austria ($X per ton) and Belarus ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+13.8%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for sunflower-seed or safflower oil, refined, but not chemically modified in the world?
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The countries with the highest volumes of consumption in 2021 were China, the United States and India, together comprising 29% of global consumption. Japan, Pakistan, Russia, Nigeria, Brazil, Indonesia, Bangladesh, Turkey, Mexico and Ethiopia lagged somewhat behind, together comprising a further 27%.
What are the largest producers of sunflower-seed or safflower oil, refined, but not chemically modified in the world?
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The countries with the highest volumes of production in 2021 were China, the United States and India, together comprising 29% of global production. These countries were followed by Russia, Japan, Pakistan, Turkey, Nigeria, Brazil, Indonesia, Bangladesh, Mexico and Spain, which together accounted for a further 29%.
What are the leading suppliers of sunflower-seed or safflower oil, refined, but not chemically modified in the world?
+
In value terms, Turkey, Ukraine and Russia constituted the countries with the highest levels of exports in 2021, together comprising 40% of global exports.
What are the leading importers of sunflower-seed or safflower oil, refined, but not chemically modified in the world?
+
In value terms, Belgium, Uzbekistan and the Netherlands appeared to be the countries with the highest levels of imports in 2021, together accounting for 16% of global imports. These countries were followed by the UK, France, Poland, Germany, Djibouti, the United States, Yemen, Syrian Arab Republic, Austria and Belarus, which together accounted for a further 31%.
What is the average export price for sunflower-seed or safflower oil, refined, but not chemically modified in the world?
+
In 2021, the average export price for sunflower-seed or safflower oil, refined, but not chemically modified amounted to $1,469 per ton, picking up by 42% against the previous year.
What is the average import price for sunflower-seed or safflower oil, refined, but not chemically modified in the world?
+
In 2021, the average import price for sunflower-seed or safflower oil, refined, but not chemically modified amounted to $1,488 per ton, picking up by 43% against the previous year.

This report provides an in-depth analysis of the global market for sunflower-seed or safflower oil, refined, but not chemically modified. 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 2030.


Product coverage:
• Prodcom 10415400 - Refined sunflower-seed and safflower oil and their fractions (excluding chemically modified)

Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• 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
REPORT DESCRIPTION
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
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

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. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2022
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

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption, By Country, 2018–2022
Table 5:
Production, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Physical Terms, By Country, 2012–2022
Table 7:
Imports, In Value Terms, By Country, 2012–2022
Table 8:
Import Prices, By Country Of Destination, 2012–2022
Table 9:
Exports, In Physical Terms, By Country, 2012–2022
Table 10:
Exports, In Value Terms, By Country, 2012–2022
Table 11:
Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Consumption, By Country, 2022
Figure 4:
Market Forecast To 2030
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, 2012–2022
Figure 17:
Production, In Value Terms, 2012–2022
Figure 18:
Production, By Country, 2022
Figure 19:
Production, In Physical Terms, By Country, 2012–2022
Figure 20:
Imports, In Physical Terms, 2012–2022
Figure 21:
Imports, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, By Country, 2022
Figure 23:
Imports, In Physical Terms, By Country, 2012–2022
Figure 24:
Imports, In Value Terms, By Country, 2012–2022
Figure 25:
Import Prices, By Country, 2012–2022
Figure 26:
Exports, In Physical Terms, 2012–2022
Figure 27:
Exports, In Value Terms, 2012–2022
Figure 28:
Exports, In Physical Terms, By Country, 2022
Figure 29:
Exports, In Physical Terms, By Country, 2012–2022
Figure 30:
Exports, In Value Terms, By Country, 2012–2022
Figure 31:
Export Prices, 2012–2022
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