Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Singapore - 2022
Contents:
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Singapore (CIF) - 2022
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Singapore (FOB) - 2022
- Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Singapore
- Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Singapore
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Singapore (CIF) - 2022
In September 2022, the average import price for sunflower seed amounted to $3,298 per ton, with a decrease of -29% against the previous month. In general, import price indicated modest growth from September 2021 to September 2022: its price increased at an average monthly rate of +1.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, import price for sunflower seed decreased by -33.5% against June 2022 indices. The most prominent rate of growth was recorded in February 2022 when the average import price increased by 55% month-to-month. Over the period under review, average import prices reached the maximum at $4,962 per ton in June 2022; however, from July 2022 to September 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was China ($5,279 per ton), while the price for Argentina ($1,574 per ton) was amongst the lowest.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+19.8%), 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 Singapore (FOB) - 2022
In 2022, the average export price for sunflower seed amounted to $3,108 per ton, surging by 19% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2021 an increase of 19% against the previous year. The export price peaked at $3,247 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($3,501 per ton), while the average price for exports to Hong Kong SAR ($1,066 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 Malaysia (+2.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Singapore
In 2022, overseas purchases of sunflower seed were finally on the rise to reach 634 tons after two years of decline. The total import volume increased at an average annual rate of +3.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations 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 soared to $1.8M in 2022. The total import value increased at an average annual rate of +13.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 595 | 1,060 | 1,136 | 1,546 | 37.5% |
| United States | 171 | 154 | 111 | 156 | -3.0% |
| Bulgaria | N/A | 20.9 | 29.6 | 43.6 | 44.4% |
| Argentina | 13.3 | 38.6 | 46.0 | 25.1 | 23.6% |
| Netherlands | 5.3 | 7.8 | 9.5 | 15.1 | 41.8% |
| Myanmar | 350 | 2.5 | N/A | 0.5 | -88.7% |
| Ukraine | 26.1 | 86.6 | 82.1 | N/A | 77.4% |
| Others | 69.0 | 44.7 | 52.2 | 33.1 | -21.7% |
| Total | 1,230 | 1,415 | 1,466 | 1,820 | 14.0% |
Top Suppliers of Oil Seeds; Sunflower Seeds, Whether or Not Broken to Singapore in 2022:
- China (495.4 tons)
- United States (73.8 tons)
- Bulgaria (23.6 tons)
- Argentina (22.0 tons)
- Netherlands (10.9 tons)
Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Singapore
In 2022, overseas shipments of sunflower seed decreased by -40.8% to 38 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a mild descent. The growth pace was the most rapid in 2020 when exports increased by 64% against the previous year. As a result, the exports attained the peak of 67 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of sunflower seed reduced notably to $119K in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +6.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 51% against the previous year.
| Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 59.2 | 81.8 | 128 | 94.6 | 16.9% |
| Fiji | N/A | N/A | N/A | 4.8 | 0% |
| Maldives | 6.0 | 0.6 | 2.3 | 4.0 | -12.6% |
| Mauritius | N/A | N/A | 1.7 | 3.6 | 111.8% |
| Hong Kong SAR | N/A | N/A | N/A | 3.2 | 0% |
| Cambodia | 5.6 | 3.4 | 4.0 | 3.0 | -18.8% |
| Indonesia | 12.2 | 15.0 | 4.6 | 1.8 | -47.2% |
| Sri Lanka | 2.4 | 1.0 | 1.1 | 1.6 | -12.6% |
| Thailand | N/A | 28.6 | 17.3 | 0.1 | -94.1% |
| India | 4.6 | 10.1 | 9.2 | N/A | 41.4% |
| Others | 7.4 | 6.2 | 1.5 | 2.2 | -33.3% |
| Total | 97.4 | 147 | 169 | 119 | 6.9% |
Top Export Markets for Oil Seeds; Sunflower Seeds, Whether or Not Broken from Singapore in 2022:
- Malaysia (27.0 tons)
- Hong Kong SAR (3.0 tons)
- Fiji (1.5 tons)
- Mauritius (1.4 tons)
- Indonesia (1.3 tons)
- Maldives (1.2 tons)
- Cambodia (1.2 tons)
- Sri Lanka (0.6 tons)
- Thailand (0.1 tons)
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This report provides an in-depth analysis of the sunflower seed market in Singapore.
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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 Singapore.
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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
