Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Austria - 2023
Contents:
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Austria (CIF) - 2022
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Austria (FOB) - 2023
- Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Austria
- Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Austria
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Austria (CIF) - 2022
The average import price for sunflower seed stood at $1,251 per ton in 2022, growing by 15% against the previous year. Over the period under review, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for sunflower seed increased by +75.9% against 2019 indices. The pace of growth was the most pronounced in 2020 an increase of 46%. The import price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($1,953 per ton), while the price for Hungary ($604 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Austria (FOB) - 2023
In October 2023, the average export price for sunflower seed amounted to $970 per ton, falling by -39.8% against the previous month. In general, the export price recorded a noticeable descent. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 196% month-to-month. As a result, the export price reached the peak level of $3,759 per ton. From August 2023 to October 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Ukraine ($4,812 per ton), while the average price for exports to Switzerland ($750 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+23.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Austria
In 2022, approx. 169K tons of sunflower seed were imported into Austria; increasing by 2.1% on the year before. The total import volume increased at an average annual rate of +2.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 5.8%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of sunflower seed soared to $212M in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +23.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +90.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 46% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 30.1 | 26.4 | 32.3 | 34.7 | 4.9% |
| Bulgaria | 10.9 | 10.2 | 17.9 | 22.3 | 26.9% |
| Romania | 4.9 | 6.5 | 22.1 | 20.4 | 60.9% |
| Germany | 7.0 | 11.5 | 14.6 | 20.3 | 42.6% |
| Italy | 1.9 | 4.0 | 11.2 | 16.2 | 104.3% |
| Turkey | 17.8 | 7.0 | 13.1 | 15.2 | -5.1% |
| Slovakia | 10.1 | 14.7 | 19.5 | 12.7 | 7.9% |
| Czech Republic | 0.8 | 1.4 | 3.4 | 10.4 | 135.1% |
| Ukraine | 0.3 | 0.3 | 0.1 | 8.7 | 207.2% |
| Others | 27.6 | 81.3 | 46.0 | 51.2 | 22.9% |
| Total | 112 | 163 | 180 | 212 | 23.7% |
Top Suppliers of Oil Seeds; Sunflower Seeds, Whether or Not Broken to Austria in 2022:
- Hungary (57.5K tons)
- Germany (20.7K tons)
- Bulgaria (18.4K tons)
- Slovakia (17.8K tons)
- Romania (14.6K tons)
- Ukraine (11.8K tons)
- Czech Republic (9.5K tons)
- Italy (8.3K tons)
- Turkey (3.6K tons)
Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Austria
For the third year in a row, Austria recorded decline in overseas shipments of sunflower seed, which decreased by -1.2% to 68K tons in 2022. Over the period under review, exports continue to indicate a perceptible contraction. The smallest decline of -0.1% was in 2021.
In value terms, exports of sunflower seed skyrocketed to $168M in 2022. The total export value increased at an average annual rate of +7.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 50.1 | 54.3 | 53.7 | 43.9 | -4.3% |
| Ukraine | 27.6 | 19.3 | 19.1 | 31.0 | 3.9% |
| Germany | 23.6 | 24.5 | 25.8 | 28.1 | 6.0% |
| Italy | 1.7 | 1.2 | 1.3 | 14.5 | 104.3% |
| Czech Republic | 7.3 | 7.1 | 9.4 | 9.3 | 8.4% |
| Sweden | 1.7 | 2.3 | 2.6 | 8.2 | 69.0% |
| Switzerland | 1.8 | 1.9 | 2.1 | 2.6 | 13.0% |
| Hungary | 5.3 | 8.2 | 4.8 | 2.6 | -21.1% |
| Norway | N/A | 0.2 | 0.4 | 1.7 | 191.5% |
| Others | 17.4 | 24.1 | 21.2 | 26.1 | 14.5% |
| Total | 136 | 143 | 140 | 168 | 7.3% |
Top Export Markets for Oil Seeds; Sunflower Seeds, Whether or Not Broken from Austria in 2022:
- Germany (16.9K tons)
- Italy (16.3K tons)
- Czech Republic (13.9K tons)
- Sweden (5.3K tons)
- Russia (3.6K tons)
- Ukraine (2.8K tons)
- Norway (2.3K tons)
- Hungary (2.1K tons)
- Switzerland (1.2K tons)
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This report provides an in-depth analysis of the sunflower seed market in Austria.
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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 Austria.
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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
