Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Turkey - 2023
Contents:
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Turkey (CIF) - 2022
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Turkey (FOB) - 2022
- Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Turkey
- Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Turkey
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Turkey (CIF) - 2022
The average import price for sunflower seed stood at $781 per ton in 2022, picking up by 4.7% against the previous year. In general, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.9% 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 +69.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 43% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,667 per ton), while the price for Russia ($523 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+3.7%), 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 Turkey (FOB) - 2022
In 2022, the average export price for sunflower seed amounted to $1,994 per ton, almost unchanged from the previous year. Overall, the export price continues to indicate a perceptible curtailment. The pace of growth appeared the most rapid in 2020 an increase of 35%. The export price peaked at $3,336 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($4,012 per ton), while the average price for exports to Tunisia ($769 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 Russia (+2.4%), 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 Turkey
After two years of decline, purchases abroad of sunflower seed increased by 14% to 830K tons in 2022. Over the period under review, imports, however, saw a deep downturn.
In value terms, imports of sunflower seed surged to $648M in 2022. The total import value increased at an average annual rate of +4.5% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed 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 Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 15.1 | 23.2 | 41.3 | 416 | 202.0% |
| Moldova | 158 | 57.8 | 118 | 88.3 | -17.6% |
| Romania | 96.6 | 22.5 | 106 | 68.7 | -10.7% |
| China | 106 | 120 | 72.6 | 29.9 | -34.4% |
| Bulgaria | 34.3 | 41.2 | 131 | 24.0 | -11.2% |
| Argentina | 12.0 | 24.8 | 29.2 | 3.2 | -35.6% |
| Russia | 115 | 304 | 5.2 | 0.1 | -90.5% |
| Others | 30.7 | 34.7 | 38.4 | 17.3 | -17.4% |
| Total | 568 | 628 | 542 | 648 | 4.5% |
Top Suppliers of Oil Seeds; Sunflower Seeds, Whether or Not Broken to Turkey in 2022:
- Ukraine (557.0K tons)
- Moldova (115.5K tons)
- Romania (96.3K tons)
- Bulgaria (29.3K tons)
- China (18.0K tons)
- Argentina (2.9K tons)
- Russia (0.2K tons)
Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Turkey
In 2022, exports of sunflower seed from Turkey amounted to 114K tons, remaining relatively unchanged against 2021. In general, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 18% against the previous year.
In value terms, exports of sunflower seed amounted to $228M in 2022. The total export value increased at an average annual rate of +9.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 17%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 28.1 | 36.3 | 36.1 | 49.6 | 20.9% |
| Ukraine | 19.2 | 18.6 | 22.6 | 19.0 | -0.3% |
| Romania | 10.5 | 23.3 | 42.7 | 18.7 | 21.2% |
| Syrian Arab Republic | N/A | N/A | N/A | 13.6 | 0% |
| Iraq | 5.8 | 6.2 | 5.7 | 13.3 | 31.9% |
| Austria | 6.8 | 6.8 | 13.0 | 12.7 | 23.1% |
| Italy | 4.3 | 4.2 | 7.5 | 11.9 | 40.4% |
| Germany | 15.5 | 18.3 | 16.8 | 11.9 | -8.4% |
| Algeria | 9.8 | 11.6 | 10.8 | 11.3 | 4.9% |
| United States | 2.8 | 5.3 | 9.0 | 6.8 | 34.4% |
| Bulgaria | 9.7 | 6.2 | 6.0 | 6.8 | -11.2% |
| Poland | 3.3 | 4.9 | 4.0 | 5.5 | 18.6% |
| Tunisia | 2.0 | 1.9 | 3.1 | 3.5 | 20.5% |
| Others | 54.5 | 50.0 | 49.3 | 43.5 | -7.2% |
| Total | 172 | 194 | 227 | 228 | 9.9% |
Top Export Markets for Oil Seeds; Sunflower Seeds, Whether or Not Broken from Turkey in 2022:
- Russia (18.3K tons)
- Syrian Arab Republic (13.8K tons)
- Iraq (11.1K tons)
- Algeria (9.5K tons)
- Germany (5.7K tons)
- Romania (5.6K tons)
- Ukraine (4.7K tons)
- Tunisia (4.5K tons)
- Poland (4.2K tons)
- United States (3.8K tons)
- Bulgaria (3.6K tons)
- Austria (3.3K tons)
- Italy (3.2K tons)
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This report provides an in-depth analysis of the sunflower seed market in Turkey.
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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 Turkey.
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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
