Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Ireland - 2023
Contents:
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Ireland (CIF) - 2023
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Ireland (FOB) - 2022
- Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Ireland
- Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Ireland
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Ireland (CIF) - 2023
The average import price for sunflower seed stood at $2,408 per ton in October 2023, shrinking by -46.8% against the previous month. Over the period under review, the import price recorded a mild contraction. The pace of growth appeared the most rapid in July 2023 when the average import price increased by 47% m-o-m. The import price peaked at $4,531 per ton in September 2023, and then declined remarkably in the following month.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the UK ($7,659 per ton), while the price for Italy ($1,192 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the UK (+8.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Ireland (FOB) - 2022
In 2022, the average export price for sunflower seed amounted to $3,811 per ton, with a decrease of -16% against the previous year. Over the period under review, the export price showed a perceptible curtailment. The most prominent rate of growth was recorded in 2020 when the average export price increased by 41%. The export price peaked at $4,669 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 the UK.
From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to -2.1% per year.
Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Ireland
In 2022, purchases abroad of sunflower seed decreased by -32.2% to 1.1K tons, falling for the second year in a row after two years of growth. In general, imports faced a sharp slump. The most prominent rate of growth was recorded in 2020 when imports increased by 1.8%. As a result, imports attained the peak of 4K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of sunflower seed rose modestly to $2.6M in 2022. Over the period under review, imports recorded a deep contraction. The growth pace was the most rapid in 2020 with an increase of 32% against the previous year. As a result, imports reached the peak of $4.1M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 2,156 | 3,452 | 1,123 | 1,162 | -18.6% |
| China | 438 | 167 | 434 | 437 | -0.1% |
| Netherlands | 62.9 | 103 | 204 | 253 | 59.0% |
| Germany | 64.7 | 74.9 | 343 | 246 | 56.1% |
| Turkey | 32.1 | 55.4 | 112 | 143 | 64.5% |
| Poland | 18.6 | 18.7 | 41.0 | 127 | 89.7% |
| Ukraine | N/A | N/A | 20.9 | 46.6 | 123.0% |
| Bulgaria | 231 | 177 | 24.6 | N/A | -67.4% |
| Others | 90.6 | 42.8 | 181 | 178 | 25.2% |
| Total | 3,094 | 4,090 | 2,483 | 2,594 | -5.7% |
Top Suppliers of Oil Seeds; Sunflower Seeds, Whether or Not Broken to Ireland in 2022:
- United Kingdom (510.7 tons)
- China (140.5 tons)
- Netherlands (120.3 tons)
- Germany (103.5 tons)
- Poland (56.6 tons)
- Ukraine (43.4 tons)
- Turkey (36.1 tons)
Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Ireland
In 2022, the amount of sunflower seed exported from Ireland skyrocketed to 14 tons, with an increase of 15% against 2021. Over the period under review, exports, however, recorded a dramatic descent. The most prominent rate of growth was recorded in 2020 when exports increased by 32%. As a result, the exports attained the peak of 38 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of sunflower seed shrank modestly to $54K in 2022. Overall, exports, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 87%. As a result, the exports reached the peak of $173K. 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 Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 92.3 | 172 | 52.4 | 53.2 | -16.8% |
| Others | 0.4 | 1.7 | 3.4 | 0.7 | 20.5% |
| Total | 92.7 | 173 | 55.7 | 53.9 | -16.5% |
Top Export Markets for Oil Seeds; Sunflower Seeds, Whether or Not Broken from Ireland in 2022:
- United Kingdom (13.8 tons)
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This report provides an in-depth analysis of the sunflower seed market in Ireland.
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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 Ireland.
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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
