Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Sudan - 2022

Contents:

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

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

The average import price for sunflower seed stood at $2,648 per ton in 2022, with an increase of 9.9% against the previous year. Over the period under review, the import price recorded buoyant growth. The growth pace was the most rapid in 2019 an increase of 44%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue 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 the United Arab Emirates ($20,455 per ton), while the price for Egypt ($402 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+33.8%), 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 Sudan (FOB) - 2022

In 2022, the average export price for sunflower seed amounted to $1,047 per ton, almost unchanged from the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average export price increased by 9.4% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Jordan ($1,425 per ton), while the average price for exports to the United Arab Emirates totaled $686 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+882.3%), while the prices for the other major destinations experienced a decline.

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

In 2022, overseas purchases of sunflower seed decreased by -14.8% to 591 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 111% against the previous year.

In value terms, imports of sunflower seed fell to $1.6M in 2022. Over the period under review, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 152% against the previous year.

Import of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Sudan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China20.4436424559201.5%
United States16827356739533.0%
Turkey43.532.445531793.9%
South Africa17927452.0170-1.7%
France0.20.596.774.0617.9%
Australia18.856.848.229.115.7%
Egypt0.814.013.69.5128.1%
Others6.715.215.910.917.6%
Total4371,1021,6721,56553.0%

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

  1. China (213.3 tons)
  2. Turkey (142.0 tons)
  3. United States (110.2 tons)
  4. South Africa (53.4 tons)
  5. France (28.7 tons)
  6. Egypt (23.6 tons)
  7. Australia (15.9 tons)

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

In 2022, after two years of decline, there was decline in shipments abroad of sunflower seed, when their volume decreased by 0% to 26 tons. Over the period under review, exports faced a precipitous setback. The smallest decline of 99.9% was in 2020.

In value terms, exports of sunflower seed amounted to $27K in 2022. Overall, exports continue to indicate a deep reduction. The smallest decline of 99.9% was in 2020.

Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Sudan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
JordanN/AN/AN/A18.00%
United Arab EmiratesN/AN/AN/A9.10%
Ethiopia37.4N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total37.4N/AN/A27.0-10.3%

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

  1. United Arab Emirates (13.2 tons)
  2. Jordan (12.6 tons)

Source: IndexBox Market Intelligence Platform

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