Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Jordan - 2022

Contents:

  1. Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Jordan (CIF) - 2022
  2. Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Jordan (FOB) - 2022
  3. Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Jordan
  4. Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Jordan

Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Jordan (CIF) - 2022

The average import price for sunflower seed stood at $1,425 per ton in 2022, picking up by 8% against the previous year. Overall, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for sunflower seed increased by +75.5% against 2018 indices. The pace of growth was the most pronounced in 2019 an increase of 31% against the previous year. The import price peaked at $1,461 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($1,425 per ton), while the price for Bulgaria ($1,425 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Jordan (FOB) - 2022

The average export price for sunflower seed stood at $1,185 per ton in 2022, dropping by -28% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average export price increased by 89% against the previous year. As a result, the export price attained the peak level of $3,331 per ton. From 2017 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Saudi Arabia ($1,180 per ton) and Turkey ($1,180 per ton), while the average price for exports to Free Zones ($1,180 per ton) and China ($1,180 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 Free Zones (-0.1%), while the prices for the other major destinations experienced a decline.

Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Jordan

In 2022, overseas purchases of sunflower seed decreased by -17.1% to 6.5K tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a abrupt slump. The pace of growth appeared the most rapid in 2020 when imports increased by 43% against the previous year. As a result, imports attained the peak of 14K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of sunflower seed dropped to $9.2M in 2022. Overall, imports recorded a pronounced contraction. The most prominent rate of growth was recorded in 2020 with an increase of 37%. As a result, imports attained the peak of $15M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Jordan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9.013.89.57.8-4.7%
Bulgaria1.30.40.40.9-11.5%
United States0.1N/AN/A0.226.0%
Others0.30.40.30.410.1%
Total10.614.610.39.2-4.6%

Top Suppliers of Oil Seeds; Sunflower Seeds, Whether or Not Broken to Jordan in 2022:

  1. China (5.5K tons)
  2. Bulgaria (0.6K tons)
  3. United States (0.1K tons)

Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Jordan

In 2022, the amount of sunflower seed exported from Jordan soared to 1.8K tons, jumping by 161% on 2021. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of sunflower seed surged to $2.1M in 2022. Over the period under review, exports posted a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia6678586861,26223.7%
Free Zones3444443424257.3%
ChinaN/AN/AN/A2720%
Turkey143N/AN/A121-5.4%
Others82.215192.028.4-29.8%
Total1,2371,4531,1202,10719.4%

Top Export Markets for Oil Seeds; Sunflower Seeds, Whether or Not Broken from Jordan in 2022:

  1. Saudi Arabia (1068.9 tons)
  2. Free Zones (359.7 tons)
  3. China (230.1 tons)
  4. Turkey (102.1 tons)

Source: IndexBox Market Intelligence Platform

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