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

Contents:

  1. Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Qatar (CIF) - 2022
  2. Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Qatar

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

The average import price for sunflower seed stood at $1,647 per ton in 2022, which is down by -9.2% against the previous year. In general, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.4% 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 +15.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 an increase of 26% against the previous year. The import price peaked at $2,200 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Kuwait ($4,827 per ton), while the price for China ($1,058 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+1.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, imports of sunflower seed into Qatar skyrocketed to 757 tons, increasing by 29% on 2021. In general, total imports indicated a tangible expansion from 2019 to 2022: its volume increased at an average annual rate of +4.6% 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 decreased by -17.9% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 39% against the previous year. As a result, imports reached the peak of 922 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of sunflower seed skyrocketed to $1.2M in 2022. The total import value increased at an average annual rate of +9.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 40%. As a result, imports reached the peak of $1.3M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Qatar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China40575551860614.4%
Kuwait38648141451510.1%
Oman63.514.520.280.08.0%
Argentina93.057.119.125.4-35.1%
OthersN/A15.992.020.012.2%
Total9471,3231,0631,2479.6%

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

  1. China (573.3 tons)
  2. Kuwait (106.7 tons)
  3. Oman (50.0 tons)
  4. Argentina (22.7 tons)

Source: IndexBox Market Intelligence Platform

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