Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Chile - 2023
Contents:
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Chile (FOB) - 2022
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Chile (CIF) - 2023
- Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Chile
- Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Chile
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Chile (FOB) - 2022
In 2022, the average export price for sunflower seed amounted to $5,033 per ton, declining by -11.8% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 51%. Over the period under review, the average export prices reached the peak figure at $6,252 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Argentina ($5,774 per ton) and France ($4,922 per ton), while the average price for exports to the United States ($4,139 per ton) and Spain ($4,537 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Chile (CIF) - 2023
The average import price for sunflower seed stood at $492 per ton in December 2023, falling by -8.9% against the previous month. Overall, the import price recorded a deep downturn. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 91% m-o-m. The import price peaked at $1,329 per ton in March 2023; however, from April 2023 to December 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Bulgaria ($980 per ton), while the price for Argentina amounted to $435 per ton.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Bulgaria (-3.8%).
Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Chile
In 2022, the amount of sunflower seed exported from Chile rose notably to 3.9K tons, growing by 13% on the previous year. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 14%. As a result, the exports reached the peak of 4.5K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of sunflower seed amounted to $19M in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +13.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -15.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 72%. As a result, the exports reached the peak of $23M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Chile (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 8.4 | 16.8 | 11.5 | 11.9 | 12.3% |
United States | 2.2 | 3.4 | 2.9 | 4.3 | 25.0% |
Spain | N/A | N/A | N/A | 1.3 | 0% |
Argentina | 0.5 | 0.4 | 0.5 | 0.4 | -7.2% |
Others | 2.3 | 2.2 | 4.5 | 1.4 | -15.3% |
Total | 13.3 | 22.9 | 19.4 | 19.4 | 13.4% |
Top Export Markets for Oil Seeds; Sunflower Seeds, Whether or Not Broken from Chile in 2022:
- France (2423.8 tons)
- United States (1042.7 tons)
- Spain (293.9 tons)
- Argentina (70.0 tons)
Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Chile
In 2022, the amount of sunflower seed imported into Chile soared to 592 tons, growing by 48% compared with the previous year. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +14.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.3% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of sunflower seed soared to $5.1M in 2022. In general, imports enjoyed a significant expansion. 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 Chile (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Argentina | 689 | 1,202 | 1,536 | 4,032 | 80.2% |
Bulgaria | 392 | 702 | 497 | 524 | 10.2% |
United States | 598 | 252 | 314 | 298 | -20.7% |
China | 51.6 | 4.5 | 0.1 | 130 | 36.1% |
France | 137 | 92.0 | 93.2 | 95.5 | -11.3% |
Others | 106 | 588 | 514 | 64.9 | -15.1% |
Total | 1,973 | 2,840 | 2,955 | 5,145 | 37.6% |
Top Suppliers of Oil Seeds; Sunflower Seeds, Whether or Not Broken to Chile in 2022:
- Bulgaria (329.5 tons)
- Argentina (148.3 tons)
- China (61.0 tons)
- United States (36.1 tons)
- France (11.3 tons)
This report provides an in-depth analysis of the sunflower seed market in Chile.
This report provides an in-depth analysis of the global sunflower seed market.
This report provides an in-depth analysis of the sunflower seed market in Chile.
This report provides an in-depth analysis of the global sunflower seed market.
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.
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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