Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Hungary - 2023
Contents:
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Hungary (CIF) - 2022
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Hungary (FOB) - 2023
- Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Hungary
- Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Hungary
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Hungary (CIF) - 2022
The average import price for sunflower seed stood at $750 per ton in 2022, which is down by -4.9% against the previous year. Overall, the import price continues to indicate a mild curtailment. The pace of growth was the most pronounced in 2015 an increase of 34%. The import price peaked at $881 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Austria ($913 per ton) and Serbia ($805 per ton), while the price for Croatia ($622 per ton) and Slovakia ($634 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (+4.7%), 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 Hungary (FOB) - 2023
The average export price for sunflower seed stood at $1,163 per ton in October 2023, jumping by 108% against the previous month. In general, the export price showed tangible growth. Over the period under review, the average export prices hit record highs at $1,773 per ton in December 2022; however, from January 2023 to October 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Serbia ($2,877 per ton), while the average price for exports to Switzerland amounted to $1,034 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+11.9%), 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 Hungary
Imports of sunflower seed into Hungary soared to 704K tons in 2022, picking up by 189% compared with 2021 figures. In general, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of sunflower seed skyrocketed to $528M in 2022. Overall, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | N/A | 0.1 | 0.8 | 207 | 4449.7% |
| Romania | 42.8 | 32.1 | 101 | 167 | 57.4% |
| Slovakia | 6.6 | 5.1 | 15.7 | 28.3 | 62.5% |
| Croatia | 6.1 | 7.5 | 14.6 | 28.0 | 66.2% |
| Germany | 2.1 | 2.6 | 7.5 | 17.5 | 102.7% |
| Serbia | 7.4 | 9.6 | 9.5 | 13.2 | 21.3% |
| Poland | 0.5 | 0.1 | 0.1 | 10.7 | 177.6% |
| Austria | 6.1 | 9.0 | 3.8 | 6.6 | 2.7% |
| Others | 46.7 | 43.1 | 38.6 | 49.9 | 2.2% |
| Total | 118 | 109 | 192 | 528 | 64.8% |
Top Suppliers of Oil Seeds; Sunflower Seeds, Whether or Not Broken to Hungary in 2022:
- Ukraine (314.1K tons)
- Romania (215.9K tons)
- Croatia (45.1K tons)
- Slovakia (44.6K tons)
- Germany (23.8K tons)
- Poland (16.6K tons)
- Serbia (16.4K tons)
- Austria (7.3K tons)
Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Hungary
For the third consecutive year, Hungary recorded decline in overseas shipments of sunflower seed, which decreased by -24% to 238K tons in 2022. In general, exports continue to indicate a significant decline. The smallest decline of -10.2% was in 2021.
In value terms, exports of sunflower seed fell slightly to $235M in 2022. Overall, exports saw a pronounced descent. The pace of growth was the most pronounced in 2021 when exports increased by 8.8%.
| Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 17.8 | 23.9 | 27.7 | 37.1 | 27.7% |
| Austria | 23.5 | 21.8 | 32.7 | 36.7 | 16.0% |
| Germany | 48.8 | 39.2 | 16.0 | 33.8 | -11.5% |
| Italy | 30.6 | 31.5 | 50.7 | 25.7 | -5.7% |
| Romania | 45.8 | 24.7 | 26.0 | 21.7 | -22.0% |
| Bulgaria | 6.3 | 9.4 | 22.1 | 10.9 | 20.0% |
| Netherlands | 10.8 | 7.0 | 12.4 | 8.6 | -7.3% |
| Poland | 8.3 | 5.7 | 3.9 | 6.2 | -9.3% |
| Belgium | 7.5 | N/A | 0.3 | 3.2 | -24.7% |
| Others | 57.6 | 53.4 | 43.9 | 51.3 | -3.8% |
| Total | 257 | 217 | 236 | 235 | -2.9% |
Top Export Markets for Oil Seeds; Sunflower Seeds, Whether or Not Broken from Hungary in 2022:
- Austria (56.7K tons)
- Czech Republic (52.6K tons)
- Germany (41.8K tons)
- Italy (28.3K tons)
- Bulgaria (14.3K tons)
- Romania (13.0K tons)
- Netherlands (10.7K tons)
- Poland (5.3K tons)
- Belgium (3.1K tons)
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This report provides an in-depth analysis of the sunflower seed market in Hungary.
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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 Hungary.
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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
