Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Saudi Arabia - 2022
Contents:
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Saudi Arabia (FOB) - 2022
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Saudi Arabia (CIF) - 2022
- Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Saudi Arabia
- Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Saudi Arabia
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Saudi Arabia (FOB) - 2022
In 2022, the average export price for sunflower seed amounted to $5,398 per ton, rising by 144% against the previous year. Over the period under review, the export price recorded a remarkable increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($5,339 per ton), while the average price for exports to Bahrain stood at $4,772 per ton.
From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Yemen (+13.5%), while the prices for the other major destinations experienced a decline.
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Saudi Arabia (CIF) - 2022
In 2021, the average import price for sunflower seed amounted to $1,559 per ton, increasing by 6.6% against the previous year. Over the period under review, import price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +8.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for sunflower seed increased by +59.4% against 2017 indices. The growth pace was the most rapid in 2018 when the average import price increased by 17%. The import price peaked in 2021 and is likely to continue growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($4,663 per ton), while the price for Bulgaria ($1,216 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+54.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Saudi Arabia
In 2022, after three years of growth, there was significant decline in shipments abroad of sunflower seed, when their volume decreased by -50.8% to 141 tons. Over the period under review, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 183%.
In value terms, exports of sunflower seed surged to $761K in 2022. In general, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 149% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | N/A | N/A | N/A | 579 | 0% |
| Bahrain | 203 | 400 | 550 | 147 | -10.2% |
| Kuwait | N/A | N/A | 658 | N/A | 0% |
| United Kingdom | N/A | 14.4 | N/A | N/A | 0% |
| Egypt | N/A | 35.1 | N/A | N/A | 0% |
| Yemen | 8.9 | 70.7 | 39.9 | N/A | 111.7% |
| Others | N/A | 7.8 | -613.6 | 35.3 | 112.7% |
| Total | 212 | 528 | 634 | 761 | 53.1% |
Top Export Markets for Oil Seeds; Sunflower Seeds, Whether or Not Broken from Saudi Arabia in 2022:
- Oman (108.5 tons)
- Bahrain (30.7 tons)
Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Saudi Arabia
In 2021, imports of sunflower seed into Saudi Arabia dropped markedly to 9K tons, which is down by -41.5% against 2020 figures. In general, imports showed a sharp downturn. The smallest decline of -15.9% was in 2020.
In value terms, imports of sunflower seed dropped sharply to $14M in 2021. Overall, imports showed a sharp decrease. The smallest decline of -2.7% was in 2020.
| Import of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| China | 18.0 | 19.3 | 12.4 | -17.0% | |
| Bulgaria | 1.2 | 0.4 | 0.3 | -50.0% | |
| Egypt | 0.9 | 0.6 | N/A | -33.3% | |
| Others | 3.2 | 2.3 | 1.3 | -36.3% | |
| Total | 23.2 | 22.6 | 14.1 | -22.0% | |
Top Suppliers of Oil Seeds; Sunflower Seeds, Whether or Not Broken to Saudi Arabia in 2022:
- China (8.4K tons)
- Bulgaria (0.2K tons)
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This report provides an in-depth analysis of the sunflower seed market in Saudi Arabia.
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This report provides an in-depth analysis of the global sunflower seed market.
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This report provides an in-depth analysis of the sunflower seed market in Saudi Arabia.
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This report provides an in-depth analysis of the global sunflower seed market.
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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.
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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.
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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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Global sunflower seed consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
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Global sunflower seed exports amounted to X thousand tons in 2015, descending 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.
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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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Recently, thanks to Takii & Company, LTD (Takii Seed), Van Gogh's famous sunflowers came to life as a bright and radiant maze at Museumplein in Amsterdam, the Netherlands. The company is a sponsor of the Van Gogh Museum in Amsterdam, and became, in
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Romania dominates in the global sunflower seed trade, strengthening its position in the global exports structure from X% in 2007 to X% in 2014. It's main trading partner was France, where it supplied X% of its total sunflower seed exports, acco
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Indonesia dominates in the global oil crop trade. In 2014, Indonesia exported X million tons of oil crops totaling X billion USD, X% over the previous year. Its primary trading partner was India, where it supplied X% of its total oil crop exports
