Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Brazil - 2024

Contents:

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

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

In 2022, the average import price for sunflower seed amounted to $1,062 per ton, growing by 26% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The import price peaked at $1,491 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 Bolivia ($5,743 per ton), while the price for Paraguay ($824 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bolivia (+5.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for sunflower seed stood at $4,554 per ton in 2022, growing by 31% against the previous year. In general, the export price posted strong growth. The pace of growth appeared the most rapid in 2016 an increase of 242%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($6,465 per ton), while the average price for exports to Paraguay ($1,244 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 Uruguay (+9.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Brazil

In 2022, the amount of sunflower seed imported into Brazil dropped remarkably to 8.1K tons, declining by -32% against the year before. In general, imports saw a pronounced descent. The most prominent rate of growth was recorded in 2021 with an increase of 64% against the previous year. As a result, imports attained the peak of 12K tons, and then fell markedly in the following year.

In value terms, imports of sunflower seed reduced to $8.6M in 2022. The total import value increased at an average annual rate of +4.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 33%. As a result, imports reached the peak of $10M, and then shrank in the following year.

Import of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina4.53.47.55.99.4%
Bulgaria1.82.52.22.26.9%
Bolivia1.21.60.30.5-25.3%
Others0.10.10.10.10.0%
Total7.67.610.18.64.2%

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

  1. Argentina (6.4K tons)
  2. Bulgaria (1.5K tons)
  3. Bolivia (0.1K tons)

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

In 2022, exports of sunflower seed from Brazil surged to 152 tons, increasing by 271% compared with the year before. In general, exports recorded a significant 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 skyrocketed to $692K in 2022. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 702%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina0.11161075971714.1%
Uruguay17.318.1N/A59.651.0%
Paraguay8.319.722.232.557.6%
France0.673.8N/AN/A12200.0%
Others2.52.613.13.06.3%
Total28.7230143692188.9%

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

  1. Argentina (92.4 tons)
  2. Uruguay (33.1 tons)
  3. Paraguay (26.1 tons)

Source: IndexBox Market Intelligence Platform

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