Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Poland - 2023
Contents:
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Poland (CIF) - 2023
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Poland (FOB) - 2022
- Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Poland
- Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Poland
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Poland (CIF) - 2023
In October 2023, the average import price for sunflower seed amounted to $1,222 per ton, increasing by 5.5% against the previous month. In general, import price indicated a modest increase from October 2022 to October 2023: its price increased at an average monthly rate of +1.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for sunflower seed increased by +26.2% against July 2023 indices. The growth pace was the most rapid in December 2022 when the average import price increased by 29% month-to-month. Over the period under review, average import prices reached the maximum at $1,842 per ton in February 2023; however, from March 2023 to October 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Turkey ($2,859 per ton), while the price for Russia ($404 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 Turkey (+4.4%), 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 Poland (FOB) - 2022
The average export price for sunflower seed stood at $1,111 per ton in 2022, approximately reflecting the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 47%. As a result, the export price attained the peak level of $1,612 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($3,146 per ton), while the average price for exports to Slovakia ($580 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 Germany (+2.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Poland
In 2022, imports of sunflower seed into Poland reached 67K tons, increasing by 1.7% against the previous year's figure. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 6.6% against the previous year. As a result, imports reached the peak of 71K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of sunflower seed expanded sharply to $80M in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +24.4% 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 +92.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 38% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.
Import of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Poland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bulgaria | 18.0 | 28.1 | 44.5 | 34.6 | 24.3% |
Ukraine | 2.0 | 3.5 | 3.3 | 13.4 | 88.5% |
Turkey | 3.2 | 4.6 | 4.1 | 6.3 | 25.3% |
Hungary | 7.3 | 8.6 | 5.6 | 5.5 | -9.0% |
Moldova | 4.3 | 3.9 | 3.5 | 5.2 | 6.5% |
Germany | 0.8 | 1.6 | 1.7 | 3.3 | 60.4% |
Russia | 0.4 | 1.2 | 0.2 | 1.2 | 44.2% |
Slovakia | 2.9 | 2.8 | 2.6 | 0.4 | -48.3% |
Others | 2.5 | 2.8 | 6.6 | 9.8 | 57.7% |
Total | 41.3 | 57.0 | 72.1 | 79.6 | 24.4% |
Top Suppliers of Oil Seeds; Sunflower Seeds, Whether or Not Broken to Poland in 2022:
- Bulgaria (27.1K tons)
- Ukraine (18.5K tons)
- Hungary (4.5K tons)
- Turkey (4.1K tons)
- Moldova (4.0K tons)
- Germany (2.2K tons)
- Russia (2.1K tons)
- Slovakia (0.6K tons)
Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Poland
In 2022, exports of sunflower seed from Poland skyrocketed to 53K tons, picking up by 110% against the year before. In general, exports continue to indicate a significant increase. 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 soared to $59M in 2022. Overall, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Poland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 5.7 | 10.4 | 17.0 | 20.6 | 53.5% |
Czech Republic | 0.7 | 1.9 | 2.2 | 9.7 | 140.2% |
Hungary | N/A | 0.1 | 0.1 | 7.6 | 771.8% |
Bulgaria | 0.1 | N/A | N/A | 2.6 | 196.2% |
Denmark | 0.1 | 0.3 | 0.7 | 1.6 | 152.0% |
Netherlands | 0.1 | 1.6 | 1.9 | 1.5 | 146.6% |
Canada | 0.4 | 0.5 | 0.7 | 1.2 | 44.2% |
Slovakia | N/A | N/A | 0.5 | 0.6 | 20.0% |
Italy | 0.6 | 0.6 | 0.4 | 0.5 | -5.9% |
France | 0.8 | 1.3 | 0.7 | 0.4 | -20.6% |
Others | 2.3 | 3.7 | 4.0 | 13.1 | 78.6% |
Total | 11.0 | 20.4 | 28.4 | 59.4 | 75.4% |
Top Export Markets for Oil Seeds; Sunflower Seeds, Whether or Not Broken from Poland in 2022:
- Germany (18.8K tons)
- Czech Republic (12.4K tons)
- Hungary (11.6K tons)
- Netherlands (1.3K tons)
- Denmark (1.3K tons)
- Slovakia (1.0K tons)
- Bulgaria (0.8K tons)
- Canada (0.7K tons)
- France (0.5K tons)
- Italy (0.4K tons)
This report provides an in-depth analysis of the sunflower seed market in Poland.
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 Poland.
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.
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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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