Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Romania - 2023
Contents:
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Romania (FOB) - 2022
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Romania (CIF) - 2023
- Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Romania
- Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Romania
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Romania (FOB) - 2022
In 2022, the average export price for sunflower seed amounted to $804 per ton, picking up by 18% against the previous year. In general, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for sunflower seed increased by +100.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 46%. The export price peaked in 2022 and is expected to retain growth in the near future.
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 France ($993 per ton), while the average price for exports to Turkey ($660 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 France (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Romania (CIF) - 2023
In October 2023, the average import price for sunflower seed amounted to $440 per ton, which is down by -32.4% against the previous month. Overall, the import price showed a pronounced decline. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 81% m-o-m. As a result, import price reached the peak level of $1,557 per ton. From February 2023 to October 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Ukraine ($6,588 per ton), while the price for Moldova amounted to $410 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Ukraine (+23.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Romania
In 2022, shipments abroad of sunflower seed was finally on the rise to reach 1.5M tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a abrupt contraction.
In value terms, exports of sunflower seed soared to $1.2B in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +11.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 43%. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in the immediate term.
| Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 138 | 122 | 157 | 256 | 22.9% |
| Hungary | 62.1 | 67.8 | 116 | 200 | 47.7% |
| Bulgaria | 136 | 176 | 254 | 196 | 13.0% |
| Portugal | 86.0 | 43.1 | 65.4 | 127 | 13.9% |
| Spain | 50.4 | 45.4 | 37.4 | 77.9 | 15.6% |
| Turkey | 110 | 32.2 | 125 | 76.6 | -11.4% |
| France | 139 | 81.0 | 102 | 71.4 | -19.9% |
| Germany | 18.4 | 15.7 | 20.2 | 28.6 | 15.8% |
| Others | 106 | 112 | 115 | 137 | 8.9% |
| Total | 845 | 695 | 992 | 1,170 | 11.5% |
Top Export Markets for Oil Seeds; Sunflower Seeds, Whether or Not Broken from Romania in 2022:
- Netherlands (323.3K tons)
- Bulgaria (282.5K tons)
- Hungary (263.1K tons)
- Portugal (179.6K tons)
- Turkey (116.0K tons)
- Spain (112.4K tons)
- France (71.9K tons)
- Germany (38.9K tons)
Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Romania
In 2022, overseas purchases of sunflower seed were finally on the rise to reach 653K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of sunflower seed soared to $536M in 2022. In general, imports recorded a significant increase. 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 Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 3.1 | 2.0 | 0.5 | 224 | 316.5% |
| Moldova | 57.1 | 66.9 | 44.2 | 158 | 40.4% |
| Bulgaria | 45.7 | 43.1 | 93.8 | 41.8 | -2.9% |
| Hungary | 47.7 | 27.6 | 25.6 | 29.8 | -14.5% |
| Poland | N/A | N/A | N/A | 9.1 | 0% |
| Others | 71.1 | 96.0 | 107 | 73.1 | 0.9% |
| Total | 225 | 236 | 271 | 536 | 33.6% |
Top Suppliers of Oil Seeds; Sunflower Seeds, Whether or Not Broken to Romania in 2022:
- Ukraine (359.3K tons)
- Moldova (218.5K tons)
- Bulgaria (27.6K tons)
- Hungary (22.0K tons)
- Poland (12.3K tons)
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This report provides an in-depth analysis of the sunflower seed market in Romania.
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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 Romania.
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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
