Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Egypt - 2023

Contents:

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

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

In 2022, the average import price for sunflower seed amounted to $1,355 per ton, picking up by 7.1% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 22%. Over the period under review, average import prices reached the maximum at $1,625 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1,355 per ton), while the price for Bulgaria stood at $1,355 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.5%).

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

The average export price for sunflower seed stood at $1,247 per ton in 2022, rising by 5.9% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The pace of growth appeared the most rapid in 2021 when the average export price increased by 28% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were the Netherlands ($1,247 per ton) and Saudi Arabia ($1,247 per ton), while the average price for exports to Kuwait ($1,247 per ton) and Jordan ($1,247 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+12.0%), 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 Egypt

In 2022, imports of sunflower seed into Egypt dropped sharply to 41K tons, shrinking by -45.9% against 2021. Overall, imports saw a significant decrease. The smallest decline of -3.7% was in 2020.

In value terms, imports of sunflower seed declined markedly to $55M in 2022. Over the period under review, imports continue to indicate a dramatic decrease. The smallest decline of -7.1% was in 2021.

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

1. China (36.2K tons)
2. Bulgaria (3.3K tons)

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

In 2022, approx. 5.3K tons of sunflower seed were exported from Egypt; growing by 78% against 2021. Overall, exports posted a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of sunflower seed soared to $6.7M in 2022. Over the period under review, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Turkey (2883.7 tons)
2. Netherlands (482.6 tons)
3. Belgium (270.9 tons)
4. Kuwait (260.2 tons)
5. United Kingdom (227.7 tons)
6. Syrian Arab Republic (201.2 tons)
7. Portugal (120.0 tons)
8. Saudi Arabia (104.2 tons)
9. United Arab Emirates (82.5 tons)
10. Jordan (81.7 tons)
11. Lebanon (50.3 tons)

Source: IndexBox Market Intelligence Platform