Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Luxembourg - 2023

Contents:

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

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

The average import price for sunflower seed stood at $2,564 per ton in 2022, which is down by -2.7% against the previous year. Over the period under review, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.4% 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 +74.2% against 2019 indices. The pace of growth was the most pronounced in 2021 an increase of 64% against the previous year. As a result, import price reached the peak level of $2,634 per ton, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($7,866 per ton), while the price for Germany ($1,781 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+15.8%), 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 Luxembourg (FOB) - 2022

In 2022, the average export price for sunflower seed amounted to $5,477 per ton, with an increase of 3% against the previous year. Over the period under review, the export price showed a prominent expansion. The pace of growth appeared the most rapid in 2013 when the average export price increased by 90%. The export price peaked at $14,652 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($10,722 per ton), while the average price for exports to Germany ($3,524 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 Belgium (+7.8%), 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 Luxembourg

For the third consecutive year, Luxembourg recorded decline in supplies from abroad of sunflower seed, which decreased by -5.6% to 509 tons in 2022. Overall, imports continue to indicate a perceptible shrinkage. The smallest decline of -1.4% was in 2020.

In value terms, imports of sunflower seed dropped to $1.3M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +14.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 53%. As a result, imports reached the peak of $1.4M, and then dropped in the following year.

Import of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany44454367864513.3%
France60.111340430271.3%
Belgium10718124719923.0%
Netherlands5.273.075.9140199.7%
Austria73.36.25.53.4-64.1%
Bulgaria94.5N/AN/AN/A0%
Others82.013.611.316.8-41.0%
Total8679301,4221,30614.6%

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

  1. Germany (362.3 tons)
  2. Netherlands (68.4 tons)
  3. France (38.3 tons)
  4. Belgium (32.7 tons)
  5. Austria (1.0 tons)

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

In 2022, approx. 104 tons of sunflower seed were exported from Luxembourg; picking up by 136% against 2021 figures. Over the period under review, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of sunflower seed soared to $572K in 2022. In general, exports recorded a significant 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 Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France13419516225123.3%
Germany3.319.16.4251323.7%
Belgium89.257.765.668.4-8.5%
Others2.41.51.21.1-22.9%
Total22927423557235.7%

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

  1. Germany (71.2 tons)
  2. France (23.4 tons)
  3. Belgium (9.6 tons)

Source: IndexBox Market Intelligence Platform

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