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

Contents:

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

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

The average import price for sunflower seed stood at $1,724 per ton in 2022, rising by 20% against the previous year. Overall, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.1% 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 +90.5% against 2019 indices. The most prominent rate of growth was recorded in 2014 an increase of 36% against the previous year. As a result, import price reached the peak level of $1,781 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($2,974 per ton), while the price for Argentina ($1,445 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.1%), 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 Peru (FOB) - 2022

The average export price for sunflower seed stood at $1,738 per ton in 2022, picking up by 5.8% against the previous year. Over the period under review, the export price, however, saw a perceptible setback. The pace of growth was the most pronounced in 2018 an increase of 122%. As a result, the export price reached the peak level of $3,695 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($12,193 per ton), while the average price for exports to the Netherlands totaled $1,470 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+49.6%), 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 Peru

Imports of sunflower seed into Peru surged to 1.3K tons in 2022, with an increase of 69% against 2021 figures. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +18.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 $2.3M in 2022. Overall, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina5125824501,28535.9%
Bulgaria62.9112306789132.3%
United States54.558.612518249.5%
Others10520225644.7-24.8%
Total7359551,1372,30046.3%

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

  1. Argentina (889.0 tons)
  2. Bulgaria (374.8 tons)
  3. United States (61.2 tons)

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

In 2022, approx. 2.3 tons of sunflower seed were exported from Peru; waning by -91.9% compared with the previous year. In general, exports recorded a sharp setback. The pace of growth appeared the most rapid in 2021 when exports increased by 177% against the previous year. As a result, the exports attained the peak of 28 tons, and then dropped notably in the following year.

In value terms, exports of sunflower seed fell dramatically to $4K in 2022. Over the period under review, exports faced a precipitous descent. The pace of growth appeared the most rapid in 2021 with an increase of 189%.

Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands3.63.27.73.3-2.9%
Germany20.83.67.00.7-67.7%
Saudi ArabiaN/A4.4N/AN/A0%
Canada0.60.1N/AN/A-83.3%
Others28.84.631.2N/A4.1%
Total53.815.945.94.0-58.0%

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

  1. Netherlands (2.2 tons)
  2. Germany (0.1 tons)

Source: IndexBox Market Intelligence Platform

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