Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Switzerland - 2023
Contents:
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Switzerland (CIF) - 2023
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Switzerland (FOB) - 2022
- Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Switzerland
- Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Switzerland
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Switzerland (CIF) - 2023
The average import price for sunflower seed stood at $1,844 per ton in December 2023, picking up by 28% against the previous month. Over the period under review, the import price, however, recorded a mild setback. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 36% against the previous month. As a result, import price attained the peak level of $3,392 per ton. From March 2023 to December 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Slovakia ($4,646 per ton), while the price for Hungary ($1,368 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Slovakia (+6.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Switzerland (FOB) - 2022
The average export price for sunflower seed stood at $2,125 per ton in 2022, reducing by -63.6% against the previous year. Overall, the export price, however, continues to indicate a moderate increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 223% against the previous year. As a result, the export price attained the peak level of $5,832 per ton, and then declined remarkably in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Luxembourg ($4,500 per ton), while the average price for exports to Austria ($1,956 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 Luxembourg (+71.1%), 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 Switzerland
In 2022, approx. 4.8K tons of sunflower seed were imported into Switzerland; with an increase of 8.5% compared with the year before. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 15%. As a result, imports reached the peak of 5.5K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of sunflower seed expanded rapidly to $9M in 2022. The total import value increased at an average annual rate of +11.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 16%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.
Import of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Switzerland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 1,272 | 1,587 | 2,063 | 2,053 | 17.3% |
Bulgaria | 1,016 | 1,398 | 1,653 | 1,969 | 24.7% |
Austria | 1,239 | 1,653 | 1,639 | 1,850 | 14.3% |
France | 748 | 1,092 | 786 | 1,032 | 11.3% |
Slovakia | 364 | 473 | 48.9 | 549 | 14.7% |
Romania | 110 | 74.8 | 98.6 | 386 | 52.0% |
Hungary | 540 | 229 | 499 | 353 | -13.2% |
China | 641 | 386 | 484 | 107 | -44.9% |
Others | 628 | 685 | 552 | 688 | 3.1% |
Total | 6,557 | 7,577 | 7,822 | 8,986 | 11.1% |
Top Suppliers of Oil Seeds; Sunflower Seeds, Whether or Not Broken to Switzerland in 2022:
- Bulgaria (1364.0 tons)
- Germany (1016.1 tons)
- Austria (1000.8 tons)
- Slovakia (279.8 tons)
- France (273.6 tons)
- Hungary (206.3 tons)
- Romania (199.4 tons)
- China (28.9 tons)
Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Switzerland
In 2022, after three years of growth, there was significant decline in overseas shipments of sunflower seed, when their volume decreased by -71.5% to 34 tons. Over the period under review, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 452% against the previous year.
In value terms, exports of sunflower seed declined markedly to $71K in 2022. Overall, exports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 413%. As a result, the exports attained the peak of $686K, and then dropped dramatically in the following year.
Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Switzerland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Austria | 27.0 | 13.1 | 57.8 | 47.2 | 20.5% |
Italy | N/A | N/A | N/A | 15.9 | 0% |
Luxembourg | N/A | 2.1 | 1.4 | 4.0 | 38.0% |
Germany | 12.1 | 83.1 | 36.5 | 2.5 | -40.9% |
Slovakia | N/A | 32.1 | N/A | N/A | 0% |
France | 0.9 | 1.8 | 590 | N/A | 2460.4% |
Others | 1.9 | 1.7 | N/A | 1.7 | -3.6% |
Total | 41.9 | 134 | 686 | 71.3 | 19.4% |
Top Export Markets for Oil Seeds; Sunflower Seeds, Whether or Not Broken from Switzerland in 2022:
- Austria (24.2 tons)
- Italy (7.5 tons)
- Germany (0.9 tons)
- Luxembourg (0.9 tons)
This report provides an in-depth analysis of the sunflower seed market in Switzerland.
This report provides an in-depth analysis of the global sunflower seed market.
This report provides an in-depth analysis of the sunflower seed market in Switzerland.
This report provides an in-depth analysis of the global sunflower seed market.
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.
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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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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