Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Luxembourg - 2023
Contents:
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Luxembourg (CIF) - 2022
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Luxembourg (FOB) - 2022
- Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Luxembourg
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 444 | 543 | 678 | 645 | 13.3% |
France | 60.1 | 113 | 404 | 302 | 71.3% |
Belgium | 107 | 181 | 247 | 199 | 23.0% |
Netherlands | 5.2 | 73.0 | 75.9 | 140 | 199.7% |
Austria | 73.3 | 6.2 | 5.5 | 3.4 | -64.1% |
Bulgaria | 94.5 | N/A | N/A | N/A | 0% |
Others | 82.0 | 13.6 | 11.3 | 16.8 | -41.0% |
Total | 867 | 930 | 1,422 | 1,306 | 14.6% |
Top Suppliers of Oil Seeds; Sunflower Seeds, Whether or Not Broken to Luxembourg in 2022:
- Germany (362.3 tons)
- Netherlands (68.4 tons)
- France (38.3 tons)
- Belgium (32.7 tons)
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 134 | 195 | 162 | 251 | 23.3% |
Germany | 3.3 | 19.1 | 6.4 | 251 | 323.7% |
Belgium | 89.2 | 57.7 | 65.6 | 68.4 | -8.5% |
Others | 2.4 | 1.5 | 1.2 | 1.1 | -22.9% |
Total | 229 | 274 | 235 | 572 | 35.7% |
Top Export Markets for Oil Seeds; Sunflower Seeds, Whether or Not Broken from Luxembourg in 2022:
- Germany (71.2 tons)
- France (23.4 tons)
- Belgium (9.6 tons)
This report provides an in-depth analysis of the sunflower seed market in Luxembourg.
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 Luxembourg.
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.
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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.
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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