Bulgaria - Sunflower Seed - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSunflower Seed Price in Bulgaria - 2023
Contents:
- Sunflower Seed Price in Bulgaria (FOB) - 2023
- Sunflower Seed Price in Bulgaria (CIF) - 2022
- Sunflower Seed Exports in Bulgaria
- Sunflower Seed Imports in Bulgaria
Sunflower Seed Price in Bulgaria (FOB) - 2023
The average sunflower seed export price stood at $888 per ton in August 2023, surging by 17% against the previous month. In general, the export price, however, continues to indicate a perceptible downturn. The growth pace was the most rapid in November 2022 when the average export price increased by 20% against the previous month. Over the period under review, the average export prices attained the peak figure at $1,178 per ton in September 2022; however, from October 2022 to August 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was France ($1,625 per ton), while the average price for exports to the Netherlands ($565 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.
Sunflower Seed Price in Bulgaria (CIF) - 2022
The average sunflower seed import price stood at $752 per ton in 2022, picking up by 13% against the previous year. Overall, the import price, however, continues to indicate a deep setback. The pace of growth appeared the most rapid in 2021 an increase of 33% against the previous year. Over the period under review, average import prices attained the peak figure at $4,258 per ton in 2012; however, from 2013 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 Moldova ($802 per ton), while the price for Ukraine ($691 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (-5.0%), while the prices for the other major suppliers experienced a decline.
Sunflower Seed Exports in Bulgaria
In 2022, shipments abroad of sunflower seed decreased by -12.9% to 660K tons, falling for the second year in a row after two years of growth. Overall, exports saw a pronounced reduction. The pace of growth was the most pronounced in 2020 with an increase of 12% against the previous year. As a result, the exports reached the peak of 816K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, sunflower seed exports expanded modestly to $729M in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +19.5% 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 +70.8% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 34%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Sunflower Seed in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 54.2 | 77.0 | 53.5 | 122 | 31.1% |
| Germany | 66.3 | 77.9 | 102 | 112 | 19.1% |
| Spain | 18.4 | 14.6 | 34.4 | 67.5 | 54.2% |
| United Kingdom | 38.7 | 41.4 | 62.3 | 64.2 | 18.4% |
| United States | 34.2 | 63.7 | 62.7 | 61.2 | 21.4% |
| Poland | 21.1 | 28.3 | 43.8 | 32.8 | 15.8% |
| China | 13.7 | 23.1 | 39.3 | 28.4 | 27.5% |
| Romania | 30.1 | 26.4 | 48.6 | 25.2 | -5.8% |
| Canada | 4.3 | 6.7 | 11.8 | 23.8 | 76.9% |
| Turkey | 33.0 | 42.6 | 100 | 22.4 | -12.1% |
| Austria | 12.2 | 12.9 | 27.9 | 21.2 | 20.2% |
| Hungary | 1.9 | 3.8 | 5.3 | 16.6 | 106.0% |
| Sweden | 10.5 | 10.7 | 11.6 | 13.3 | 8.2% |
| Others | 88.1 | 103 | 111 | 118 | 10.2% |
| Total | 427 | 532 | 714 | 729 | 19.5% |
Top Export Markets for Sunflower Seed from Bulgaria in 2022:
- Netherlands (152.9K tons)
- Germany (83.4K tons)
- Spain (80.2K tons)
- United Kingdom (52.0K tons)
- United States (40.2K tons)
- Turkey (28.2K tons)
- Poland (27.5K tons)
- China (27.2K tons)
- Austria (18.3K tons)
- Canada (16.4K tons)
- Romania (16.3K tons)
- Hungary (14.1K tons)
- Sweden (10.4K tons)
Sunflower Seed Imports in Bulgaria
In 2022, the amount of sunflower seed imported into Bulgaria soared to 1.3M tons, rising by 129% against 2021 figures. Overall, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, sunflower seed imports surged to $1B in 2022. In general, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Sunflower Seed in Bulgaria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 6.4 | 92.2 | 21.0 | 652 | 367.0% |
| Romania | 145 | 175 | 248 | 193 | 10.0% |
| Moldova | 32.8 | 14.3 | 26.3 | 85.2 | 37.5% |
| Russia | 33.1 | 154 | N/A | N/A | 365.3% |
| Others | 58.0 | 71.3 | 93.0 | 74.6 | 8.8% |
| Total | 275 | 507 | 388 | 1,005 | 54.0% |
Top Suppliers of Sunflower Seed to Bulgaria in 2022:
- Ukraine (943.4K tons)
- Romania (274.0K tons)
- Moldova (106.2K tons)
This report provides an in-depth analysis of the sunflower seed market in Bulgaria. 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:
- FCL 267 - Sunflower seed
Country coverage:
- Bulgaria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Bulgaria
- 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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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This report provides an in-depth analysis of the sunflower seed market in Bulgaria.
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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 Bulgaria.
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This report provides an in-depth analysis of the global sunflower seed market.
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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
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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.
