Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Bulgaria - 2023
Contents:
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Bulgaria (CIF) - 2023
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Bulgaria (FOB) - 2023
- Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Bulgaria
- Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Bulgaria
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Bulgaria (CIF) - 2023
The average import price for sunflower seed stood at $596 per ton in October 2023, growing by 29% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $959 per ton in February 2023; however, from March 2023 to October 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($3,688 per ton), while the price for Moldova totaled $471 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Turkey (+6.0%), while the prices for the other major suppliers experienced a decline.
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Bulgaria (FOB) - 2023
In October 2023, the average export price for sunflower seed amounted to $1,010 per ton, picking up by 28% against the previous month. Overall, the export price showed a relatively flat trend pattern. The export price peaked at $1,166 per ton in November 2022; however, from December 2022 to October 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major external markets. In October 2023, the countries with the highest prices were Canada ($1,224 per ton) and Norway ($1,172 per ton), while the average price for exports to Turkey ($892 per ton) and China ($919 per ton) were amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Bulgaria
Imports of sunflower seed into Bulgaria skyrocketed to 1.3M tons in 2022, surging by 129% compared with the previous year's figure. Overall, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of sunflower seed surged to $1B in 2022. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 6.4 | 92.2 | 21.0 | 652 | 367.0% |
| Romania | 145 | 175 | 248 | 193 | 10.0% |
| Moldova | 32.8 | 14.3 | 26.3 | 85.2 | 37.5% |
| Russia | 33.1 | 154 | N/A | N/A | 365.3% |
| Others | 58.0 | 71.3 | 93.0 | 74.6 | 8.8% |
| Total | 275 | 507 | 388 | 1,005 | 54.0% |
Top Suppliers of Oil Seeds; Sunflower Seeds, Whether or Not Broken to Bulgaria in 2022:
- Ukraine (943.4K tons)
- Romania (274.0K tons)
- Moldova (106.2K tons)
Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Bulgaria
In 2022, shipments abroad of sunflower seed decreased by -12.9% to 660K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a perceptible contraction. The most prominent rate of growth was recorded in 2020 with an increase of 12% against the previous year. As a result, the exports attained the peak of 816K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of sunflower seed totaled $729M in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +19.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 34%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 54.2 | 77.0 | 53.5 | 122 | 31.1% |
| Germany | 66.3 | 77.9 | 102 | 112 | 19.1% |
| Spain | 18.4 | 14.6 | 34.4 | 67.5 | 54.2% |
| United Kingdom | 38.7 | 41.4 | 62.3 | 64.2 | 18.4% |
| United States | 34.2 | 63.7 | 62.7 | 61.2 | 21.4% |
| Poland | 21.1 | 28.3 | 43.8 | 32.8 | 15.8% |
| China | 13.7 | 23.1 | 39.3 | 28.4 | 27.5% |
| Romania | 30.1 | 26.4 | 48.6 | 25.2 | -5.8% |
| Canada | 4.3 | 6.7 | 11.8 | 23.8 | 76.9% |
| Turkey | 33.0 | 42.6 | 100 | 22.4 | -12.1% |
| Austria | 12.2 | 12.9 | 27.9 | 21.2 | 20.2% |
| Hungary | 1.9 | 3.8 | 5.3 | 16.6 | 106.0% |
| Sweden | 10.5 | 10.7 | 11.6 | 13.3 | 8.2% |
| Others | 88.1 | 103 | 111 | 118 | 10.2% |
| Total | 427 | 532 | 714 | 729 | 19.5% |
Top Export Markets for Oil Seeds; Sunflower Seeds, Whether or Not Broken from Bulgaria in 2022:
- Netherlands (152.9K tons)
- Germany (83.4K tons)
- Spain (80.2K tons)
- United Kingdom (52.0K tons)
- United States (40.2K tons)
- Turkey (28.2K tons)
- Poland (27.5K tons)
- China (27.2K tons)
- Austria (18.3K tons)
- Canada (16.4K tons)
- Romania (16.3K tons)
- Hungary (14.1K tons)
- Sweden (10.4K tons)
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This report provides an in-depth analysis of the sunflower seed market in Bulgaria.
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This report provides an in-depth analysis of the global sunflower seed market.
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This report provides an in-depth analysis of the sunflower seed market in Bulgaria.
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This report provides an in-depth analysis of the global sunflower seed market.
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Global sunflower seed market is projected to experience significant growth in consumption and value over the next seven years, with an anticipated CAGR of +3.8% and +5.1% respectively. The market volume is forecasted to reach 73M tons, with a value of $72B by the end of 2030.
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Explore the top import markets for sunflower seeds, including Bulgaria, Turkey, Netherlands, Romania, and Hungary. Discover the import values and market dynamics of these countries in the global sunflower seed industry.
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This year, sunflower seed prices are forecast to remain stable due to record global production, which is to reach the highest level of 57.3M tons.
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Global sunflower seed consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
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Global sunflower seed exports amounted to X thousand tons in 2015, descending by -X% against the previous year level.
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In 2015, the countries with the highest levels of sunflower seed production were Ukraine (X thousand tons), Russia (X thousand tons), Romania (X thousand tons), together accounting for X% of total output.
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The global sunflower seed market had total revenues of X billion USD in 2013, representing a compound annual growth rate (CAGR) of X% between 2007 and 2013.
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Recently, thanks to Takii & Company, LTD (Takii Seed), Van Gogh's famous sunflowers came to life as a bright and radiant maze at Museumplein in Amsterdam, the Netherlands. The company is a sponsor of the Van Gogh Museum in Amsterdam, and became, in
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Romania dominates in the global sunflower seed trade, strengthening its position in the global exports structure from X% in 2007 to X% in 2014. It's main trading partner was France, where it supplied X% of its total sunflower seed exports, acco
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Indonesia dominates in the global oil crop trade. In 2014, Indonesia exported X million tons of oil crops totaling X billion USD, X% over the previous year. Its primary trading partner was India, where it supplied X% of its total oil crop exports
