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

Contents:

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

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

In 2022, the average import price for sunflower seed amounted to $907 per ton, surging by 8.9% against the previous year. Over the period under review, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.8% 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 +77.0% against 2017 indices. The growth pace was the most rapid in 2021 an increase of 31%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($2,465 per ton), while the price for Ukraine ($705 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+5.9%), 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 Spain (FOB) - 2022

The average export price for sunflower seed stood at $3,798 per ton in 2022, surging by 5.8% against the previous year. Overall, the export price continues to indicate a resilient expansion. The pace of growth appeared the most rapid in 2017 when the average export price increased by 127% against the previous year. The export price peaked at $5,812 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($11,021 per ton), while the average price for exports to Portugal ($1,114 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 Romania (+4.6%), 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 Spain

In 2022, overseas purchases of sunflower seed were finally on the rise to reach 540K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports recorded a relatively flat trend pattern. 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 $489M in 2022. In general, imports continue to indicate a significant increase. 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 Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France97.285.810017020.5%
Romania86.745.655.581.1-2.2%
China30.155.958.363.828.5%
Bulgaria10.512.732.663.181.8%
Ukraine0.41.10.343.1375.9%
Argentina16.918.921.226.015.4%
Netherlands0.77.13.718.7198.9%
United States19.811.210.510.9-18.0%
Others17.118.813.112.5-9.9%
Total27925729548920.6%

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

  1. France (214.3K tons)
  2. Romania (108.2K tons)
  3. Bulgaria (71.1K tons)
  4. Ukraine (61.2K tons)
  5. Argentina (33.2K tons)
  6. China (25.9K tons)
  7. Netherlands (16.2K tons)
  8. United States (6.3K tons)

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

In 2022, shipments abroad of sunflower seed decreased by -37.3% to 19K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a mild descent. The pace of growth appeared the most rapid in 2020 when exports increased by 91% against the previous year. As a result, the exports attained the peak of 38K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of sunflower seed shrank sharply to $71M in 2022. Overall, exports saw a perceptible decline. The pace of growth was the most pronounced in 2020 when exports increased by 30% against the previous year.

Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia24.430.321.920.8-5.2%
France18.724.733.419.61.6%
Romania4.77.19.28.119.9%
Ukraine14.515.121.17.2-20.8%
Hungary2.42.34.53.210.1%
Bulgaria3.23.65.92.6-6.7%
Portugal1.35.52.62.422.7%
Morocco0.20.30.80.858.7%
South AfricaN/AN/AN/A0.60%
Belgium0.20.70.40.644.2%
Germany0.40.41.20.57.7%
Others6.79.16.24.5-12.4%
Total76.599.210771.1-2.4%

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

  1. France (10.0K tons)
  2. Portugal (2.1K tons)
  3. Russia (2.0K tons)
  4. Ukraine (0.7K tons)
  5. Romania (0.7K tons)
  6. Belgium (0.5K tons)
  7. Hungary (0.5K tons)
  8. Morocco (0.4K tons)
  9. Germany (0.4K tons)
  10. Bulgaria (0.4K tons)
  11. South Africa (0.3K tons)

Source: IndexBox Market Intelligence Platform

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