Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in India - 2023
Contents:
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in India (CIF) - 2023
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in India (FOB) - 2022
- Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in India
- Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in India
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in India (CIF) - 2023
In November 2023, the average import price for sunflower seed amounted to $656 per ton, with an increase of 14% against the previous month. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 42% m-o-m. As a result, import price reached the peak level of $917 per ton. From January 2023 to November 2023, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was Argentina ($669 per ton), while the price for China stood at $652 per ton.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Bulgaria (+0.6%), while the prices for the other major suppliers experienced a decline.
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in India (FOB) - 2022
The average export price for sunflower seed stood at $1,133 per ton in 2022, almost unchanged from the previous year. Over the period under review, the export price, however, saw a perceptible contraction. The pace of growth was the most pronounced in 2021 when the average export price increased by 31% against the previous year. Over the period under review, the average export prices attained the peak figure at $1,677 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($2,864 per ton), while the average price for exports to Australia ($706 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+15.3%), 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 India
In 2022, the amount of sunflower seed imported into India soared to 4K tons, growing by 42% on the year before. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +16.0% 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 +56.1% 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 skyrocketed to $2.8M in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +23.7% 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 +89.1% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Oil Seeds; Sunflower Seeds, Whether or Not Broken in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 135 | 476 | 1,025 | 1,117 | 102.3% |
Uganda | N/A | N/A | N/A | 654 | 0% |
Bulgaria | 97.3 | 107 | 177 | 523 | 75.2% |
Ukraine | 117 | 457 | 293 | 446 | 56.2% |
Kenya | N/A | N/A | N/A | 55.7 | 0% |
Moldova | 64.0 | 84.2 | 30.0 | 50.3 | -7.7% |
Myanmar | 1,081 | 892 | 462 | N/A | -34.6% |
Others | 10.9 | 0.1 | 97.2 | N/A | 198.6% |
Total | 1,504 | 2,016 | 2,085 | 2,845 | 23.7% |
Top Suppliers of Oil Seeds; Sunflower Seeds, Whether or Not Broken to India in 2022:
- China (1358.5 tons)
- Uganda (873.1 tons)
- Bulgaria (857.8 tons)
- Ukraine (732.9 tons)
- Kenya (99.9 tons)
- Moldova (93.0 tons)
Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in India
In 2022, approx. 1.3K tons of sunflower seed were exported from India; dropping by -15.5% on the previous year's figure. Over the period under review, exports showed a pronounced downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 15% against the previous year. As a result, the exports reached the peak of 1.5K tons, and then declined sharply in the following year.
In value terms, exports of sunflower seed reduced to $1.4M in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +9.2% 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 +30.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 50% against the previous year. As a result, the exports reached the peak of $1.7M, and then dropped in the following year.
Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Philippines | 571 | 434 | 1,078 | 646 | 4.2% |
United States | 45.8 | 28.5 | 9.4 | 108 | 33.1% |
Bangladesh | 3.9 | 162 | 157 | 107 | 201.6% |
Japan | 33.8 | 9.8 | 77.8 | 97.6 | 42.4% |
United Kingdom | 60.0 | 86.6 | 35.0 | 97.0 | 17.4% |
New Zealand | 55.0 | 52.9 | 24.4 | 55.5 | 0.3% |
Vietnam | 0.1 | 15.4 | 23.0 | 49.1 | 688.9% |
Australia | N/A | N/A | N/A | 35.3 | 0% |
Sri Lanka | 17.4 | 22.2 | 19.2 | 28.6 | 18.0% |
Bahrain | 15.9 | 7.6 | 32.6 | 28.1 | 20.9% |
Saudi Arabia | N/A | N/A | 12.2 | 25.2 | 106.6% |
Oman | 5.1 | 2.6 | 31.3 | 23.5 | 66.4% |
Others | 285 | 288 | 164 | 122 | -24.6% |
Total | 1,093 | 1,110 | 1,664 | 1,423 | 9.2% |
Top Export Markets for Oil Seeds; Sunflower Seeds, Whether or Not Broken from India in 2022:
- Philippines (665.0 tons)
- Japan (99.3 tons)
- United Kingdom (77.3 tons)
- Bangladesh (73.9 tons)
- New Zealand (52.1 tons)
- Australia (50.0 tons)
- Vietnam (49.2 tons)
- United States (37.7 tons)
- Bahrain (30.5 tons)
- Saudi Arabia (26.0 tons)
- Oman (25.0 tons)
- Sri Lanka (24.6 tons)
This report provides an in-depth analysis of the sunflower seed market in India.
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 India.
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.
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.
Global sunflower seed consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
Global sunflower seed exports amounted to X thousand tons in 2015, descending by -X% against the previous year level.
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.
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.
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
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
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