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

Contents:

  1. Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Uzbekistan (CIF) - 2023
  2. Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Uzbekistan (FOB) - 2022
  3. Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Uzbekistan
  4. Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Uzbekistan

Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Uzbekistan (CIF) - 2023

In November 2023, the average import price for sunflower seed amounted to $1,139 per ton, with an increase of 10% against the previous month. Over the period under review, the import price enjoyed a strong increase. The most prominent rate of growth was recorded in September 2023 an increase of 86% m-o-m. As a result, import price attained the peak level of $1,166 per ton. From October 2023 to November 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was China ($1,245 per ton), while the price for Kyrgyzstan ($145 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (+10.2%), while the prices for the other major suppliers experienced a decline.

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

The average export price for sunflower seed stood at $1,499 per ton in 2022, increasing by 54% against the previous year. In general, the export price recorded a significant increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 70% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($1,685 per ton), while the average price for exports to the United Arab Emirates amounted to $400 per ton.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Afghanistan (+54.1%), 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 Uzbekistan

In 2022, overseas purchases of sunflower seed were finally on the rise to reach 124K tons after two years of decline. Overall, imports, however, continue to indicate a sharp decrease.

In value terms, imports of sunflower seed surged to $69M in 2022. Over the period under review, imports, however, showed a pronounced descent.

Import of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Uzbekistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan72.121.420.956.0-8.1%
China6.214.019.810.017.3%
Russia0.1N/AN/A1.7157.1%
Others0.20.23.01.386.6%
Total78.535.643.769.0-4.2%

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

  1. Kazakhstan (109.3K tons)
  2. China (10.2K tons)
  3. Russia (3.0K tons)

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

In 2022, overseas shipments of sunflower seed decreased by -98.6% to 15 tons, falling for the second year in a row after two years of growth. Over the period under review, exports saw a sharp setback. The pace of growth was the most pronounced in 2020 when exports increased by 179% against the previous year. As a result, the exports attained the peak of 4K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of sunflower seed reduced sharply to $23K in 2022. Overall, exports recorded a sharp decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 83% against the previous year. As a result, the exports attained the peak of $2.6M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan10.749541321.927.0%
United Arab EmiratesN/AN/AN/A0.80%
RussiaN/A379138N/A-63.6%
Tajikistan8.81,228292N/A476.0%
Afghanistan1,389N/AN/AN/A0%
Turkey25.733539.0N/A23.2%
Others2.21891550.1-64.3%
Total1,4362,6261,03722.8-74.9%

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

  1. Kazakhstan (13.0 tons)
  2. United Arab Emirates (2.0 tons)

Source: IndexBox Market Intelligence Platform

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