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United Kingdom - Sunflower Oilcake - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSunflower Oilcake Price in the UK - 2023
Contents:
- Sunflower Oilcake Price in the UK (CIF) - 2023
- Sunflower Oilcake Price in the UK (FOB) - 2022
- Sunflower Oilcake Imports in the UK
- Sunflower Oilcake Exports in the UK
Sunflower Oilcake Price in the UK (CIF) - 2023
In June 2023, the average sunflower oilcake import price amounted to $415 per ton, with an increase of 22% against the previous month. In general, the import price, however, saw a slight decline. The most prominent rate of growth was recorded in October 2022 an increase of 32% m-o-m. Over the period under review, average import prices reached the maximum at $477 per ton in June 2022; however, from July 2022 to June 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Turkey ($602 per ton), while the price for the Netherlands ($288 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by France (+4.6%), while the prices for the other major suppliers experienced a decline.
Sunflower Oilcake Price in the UK (FOB) - 2022
In 2022, the average sunflower oilcake export price amounted to $266 per ton, with a decrease of -17.8% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by 30%. As a result, the export price attained the peak level of $339 per ton. From 2014 to 2022, the average 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 Spain ($1,699 per ton), while the average price for exports to Israel ($214 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 Spain (+26.3%), while the prices for the other major destinations experienced more modest paces of growth.
Sunflower Oilcake Imports in the UK
In 2022, after two years of decline, there was significant growth in overseas purchases of sunflower oilcake, when their volume increased by 41% to 429K tons. Over the period under review, imports, however, showed a pronounced slump.
In value terms, sunflower oilcake imports skyrocketed to $179M in 2022. Overall, imports recorded prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Sunflower Oilcake in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ukraine | 18.1 | 8.4 | 15.3 | 32.3 | 21.3% |
Netherlands | 13.1 | 13.4 | 14.1 | 29.8 | 31.5% |
Russia | 21.1 | 26.6 | 6.1 | 27.6 | 9.4% |
Latvia | 3.8 | 4.5 | 10.0 | 21.1 | 77.1% |
Argentina | 22.4 | 8.0 | 5.5 | 18.4 | -6.3% |
Turkey | 3.6 | 2.6 | 4.3 | 10.7 | 43.8% |
China | 5.8 | 5.7 | 1.5 | 6.6 | 4.4% |
Portugal | 1.7 | 3.0 | 2.8 | 5.8 | 50.5% |
France | 4.1 | 6.7 | 3.7 | 5.6 | 11.0% |
United States | 5.5 | 1.0 | 2.3 | 4.9 | -3.8% |
Bulgaria | 3.5 | 2.7 | 1.6 | 2.8 | -7.2% |
Ireland | 2.2 | 2.0 | 0.9 | 2.6 | 5.7% |
Estonia | 1.3 | 0.9 | 0.7 | 1.6 | 7.2% |
Others | 4.7 | 4.9 | 29.5 | 9.0 | 24.2% |
Total | 111 | 90.4 | 98.4 | 179 | 17.3% |
Top Suppliers of Sunflower Oilcake to the UK in 2022:
- Netherlands (73.1K tons)
- Russia (70.9K tons)
- Ukraine (66.1K tons)
- Argentina (53.3K tons)
- Latvia (40.2K tons)
- France (17.7K tons)
- Turkey (17.0K tons)
- United States (16.0K tons)
- Portugal (15.0K tons)
- Bulgaria (13.7K tons)
- China (9.6K tons)
- Estonia (8.4K tons)
- Ireland (7.4K tons)
Sunflower Oilcake Exports in the UK
In 2022, exports of sunflower oilcake from the UK soared to 57K tons, picking up by 416% compared with the previous year's figure. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 4,083%. As a result, the exports attained the peak of 103K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, sunflower oilcake exports soared to $15M in 2022. Over the period under review, exports enjoyed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 3,534% against the previous year. As a result, the exports reached the peak of $27M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Sunflower Oilcake in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Israel | 0.4 | 16.7 | 1.9 | 6.5 | 153.3% |
France | N/A | 0.5 | 0.1 | 3.5 | 164.6% |
United States | 0.1 | 3.0 | 0.4 | 1.3 | 135.1% |
Netherlands | 0.1 | 0.7 | 0.3 | 1.2 | 128.9% |
Germany | N/A | 2.3 | 0.3 | 1.2 | -27.8% |
Denmark | N/A | 1.7 | 0.2 | 0.7 | -35.8% |
Belgium | N/A | 1.2 | 0.2 | 0.6 | -29.3% |
Others | N/A | 0.5 | 0.3 | 0.3 | -22.5% |
Total | 0.7 | 26.7 | 3.6 | 15.1 | 178.4% |
Top Export Markets for Sunflower Oilcake from the UK in 2022:
- Israel (30.3K tons)
- France (14.6K tons)
- Netherlands (4.5K tons)
- Denmark (1.7K tons)
- Germany (1.7K tons)
- Belgium (1.6K tons)
- United States (1.2K tons)
This report provides an in-depth analysis of the sunflower oilcake market in the UK. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10414150 - Oilcake and other solid residues resulting from the extraction of sunflower seed fats or oils
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Sunflower Oilcake imports reached a peak of 47K tons and experienced a modest reduction in the subsequent month. In terms of value, the imports of Sunflower Oilcake amounted to $15M in November 2023.
Sunflower Oilcake imports reached a peak of 47K tons and experienced a modest reduction in the subsequent month. In terms of value, the imports of Sunflower Oilcake amounted to $15M in November 2023.