United Arab Emirates - Refined Sunflower-Seed And Safflower Oil - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified in the United Arab Emirates - 2022
Contents:
- Price for Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified in the United Arab Emirates (CIF) - 2022
- Price for Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified in the United Arab Emirates (FOB) - 2022
- Imports of Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified in the United Arab Emirates
- Exports of Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified in the United Arab Emirates
Price for Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for sunflower-seed or safflower oil, refined, but not chemically modified amounted to $1,845 per ton, growing by 30% against the previous year. Overall, the import price showed tangible growth. The growth pace was the most rapid in 2021 an increase of 48%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($2,211 per ton), while the price for Ukraine ($1,607 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified in the United Arab Emirates (FOB) - 2022
The average export price for sunflower-seed or safflower oil, refined, but not chemically modified stood at $2,152 per ton in 2022, surging by 22% against the previous year. In general, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.5% 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 or safflower oil, refined, but not chemically modified increased by +48.4% against 2020 indices. The growth pace was the most rapid in 2013 when the average export price increased by 53%. Over the period under review, the average export prices hit record highs at $2,208 per ton in 2016; afterwards, it flattened through to 2022.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($3,614 per ton), while the average price for exports to Tanzania ($531 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 Cyprus (+22.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified in the United Arab Emirates
For the third consecutive year, the United Arab Emirates recorded decline in overseas purchases of sunflower-seed or safflower oil, refined, but not chemically modified, which decreased by -7% to 47K tons in 2022. Overall, imports faced a abrupt decline.
In value terms, imports of sunflower-seed or safflower oil, refined, but not chemically modified surged to $86M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +16.1% 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 +56.5% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 26%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in years to come.
| Import of Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 8.2 | 12.2 | 13.8 | 50.6 | 83.4% |
| Ukraine | 39.2 | 35.1 | 36.5 | 27.7 | -10.9% |
| India | 0.7 | 0.9 | 0.8 | 1.5 | 28.9% |
| Oman | 3.0 | 4.1 | 13.7 | N/A | 113.7% |
| Others | 4.1 | 4.1 | 6.6 | 6.5 | 16.6% |
| Total | 55.2 | 56.4 | 71.3 | 86.4 | 16.1% |
Top Suppliers of Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified to the United Arab Emirates in 2022:
- Turkey (26.3K tons)
- Ukraine (17.2K tons)
- India (0.7K tons)
Exports of Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified in the United Arab Emirates
After three years of growth, shipments abroad of sunflower-seed or safflower oil, refined, but not chemically modified decreased by -25.3% to 10K tons in 2022. Over the period under review, exports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2021 when exports increased by 1.2% against the previous year. As a result, the exports reached the peak of 14K tons, and then dropped rapidly in the following year.
In value terms, exports of sunflower-seed or safflower oil, refined, but not chemically modified fell to $23M in 2022. The total export value increased at an average annual rate of +3.4% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 23% against the previous year. As a result, the exports attained the peak of $25M, and then dropped in the following year.
| Export of Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Jordan | N/A | 1.1 | 0.3 | 12.4 | 235.7% |
| Canada | N/A | N/A | N/A | 3.5 | 0% |
| Cyprus | 0.1 | N/A | N/A | 2.3 | 184.4% |
| Australia | N/A | N/A | 0.1 | 0.6 | 500.0% |
| Hungary | N/A | N/A | N/A | 0.6 | 0% |
| Rwanda | N/A | N/A | N/A | 0.2 | 0% |
| Tanzania | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Kuwait | 6.0 | 6.7 | 8.1 | N/A | 16.2% |
| Oman | 7.1 | 7.7 | 11.2 | N/A | 25.6% |
| Saudi Arabia | 3.1 | 0.5 | 2.1 | N/A | -17.7% |
| Bahrain | 2.8 | 2.6 | N/A | N/A | -7.1% |
| Others | 1.1 | 1.5 | 2.8 | 2.8 | 36.5% |
| Total | 20.4 | 20.1 | 24.8 | 22.6 | 3.5% |
Top Export Markets for Sunflower-Seed or Safflower Oil, Refined, But Not Chemically Modified from the United Arab Emirates in 2022:
- Jordan (6.3K tons)
- Canada (1.0K tons)
- Cyprus (1.0K tons)
- Hungary (0.3K tons)
- Australia (0.2K tons)
- Tanzania (0.2K tons)
- Rwanda (0.2K tons)
This report provides an in-depth analysis of the market for sunflower-seed or safflower oil, refined, but not chemically modified in the United Arab Emirates. 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:
- Prodcom 10415400 - Refined sunflower-seed and safflower oil and their fractions (excluding chemically modified)
Country coverage:
- United Arab Emirates
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the United Arab Emirates
- 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
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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
- 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 VOLUME AND VALUE
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
- 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
- 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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