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

Contents:

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

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

The average import price for sunflower seed stood at $2,141 per ton in 2022, remaining constant against the previous year. Overall, the import price saw a abrupt descent. The pace of growth appeared the most rapid in 2020 when the average import price increased by 27%. Over the period under review, average import prices hit record highs at $4,416 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Romania ($10,900 per ton), while the price for Turkey ($419 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+29.1%), 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 Uganda (FOB) - 2022

In 2022, the average export price for sunflower seed amounted to $326 per ton, with a decrease of -28% against the previous year. In general, the export price, however, posted modest growth. The pace of growth appeared the most rapid in 2017 an increase of 121%. The export price peaked at $585 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($615 per ton), while the average price for exports to Tanzania ($204 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 Kenya (+3.0%), while the prices for the other major destinations experienced mixed trend patterns.

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

After three years of growth, purchases abroad of sunflower seed decreased by -38.2% to 514 tons in 2022. Overall, imports, however, recorded a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of 82% against the previous year. As a result, imports attained the peak of 832 tons, and then declined remarkably in the following year.

In value terms, imports of sunflower seed declined notably to $1.1M in 2022. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 49% against the previous year.

Import of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kenya10614323836050.3%
South Africa2671,2121,089237-3.9%
China1036.326520325.4%
ArgentinaN/AN/AN/A1540%
Romania118114139107-3.2%
ChileN/A1401.8N/A-98.7%
Saudi Arabia405N/AN/AN/A0%
Others12055.149.438.8-31.4%
Total1,1201,6711,7821,100-0.6%

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

  1. China (356.2 tons)
  2. Kenya (64.7 tons)
  3. South Africa (48.7 tons)
  4. Argentina (25.3 tons)
  5. Romania (9.8 tons)

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

For the fourth consecutive year, Uganda recorded growth in overseas shipments of sunflower seed, which increased by 4.1% to 2.8K tons in 2022. In general, exports posted significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 426% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of sunflower seed contracted dramatically to $915K in 2022. Overall, exports recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 307% against the previous year. As a result, the exports reached the peak of $1.2M, and then declined significantly in the following year.

Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kenya20.753.4626550198.4%
Tanzania76.699.228217130.7%
India4.312.0154162235.2%
Germany8.629.113113.415.9%
Rwanda8.18.720.212.314.9%
Others0.197.45.56.0291.5%
Total1183001,21991597.9%

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

  1. Kenya (1435.0 tons)
  2. Tanzania (837.9 tons)
  3. India (444.2 tons)
  4. Rwanda (46.3 tons)
  5. Germany (21.8 tons)

Source: IndexBox Market Intelligence Platform

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