Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Iraq - 2022
Contents:
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Iraq (CIF) - 2022
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Iraq (FOB) - 2022
- Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Iraq
- Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Iraq
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Iraq (CIF) - 2022
The average import price for sunflower seed stood at $1,414 per ton in 2022, picking up by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2017 an increase of 20%. The import price peaked in 2022 and is likely to see gradual 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 China ($1,569 per ton), while the price for Ukraine ($468 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+28.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Iraq (FOB) - 2022
The average export price for sunflower seed stood at $846 per ton in 2022, declining by -31.8% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 60% against the previous year. The export price peaked at $1,778 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($1,343 per ton), while the average price for exports to the Netherlands ($534 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 Turkey (+0.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Iraq
Imports of sunflower seed into Iraq stood at 70K tons in 2022, picking up by 10% on 2021. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +10.1% 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 decreased by -14.4% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 56% against the previous year. As a result, imports attained the peak of 82K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of sunflower seed surged to $100M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +18.3% 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 +65.5% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 54%. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Iraq (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 46.0 | 74.6 | 71.2 | 85.7 | 23.0% |
Turkey | 5.1 | 5.8 | 5.2 | 6.2 | 6.7% |
United States | 3.7 | 3.1 | 2.6 | 2.3 | -14.7% |
United Arab Emirates | 3.9 | 5.8 | 0.4 | 2.0 | -20.0% |
Moldova | 0.2 | 1.1 | 0.9 | 1.3 | 86.6% |
Ukraine | 0.3 | 0.8 | 0.2 | 0.6 | 26.0% |
Others | 0.9 | 1.2 | 1.3 | 1.5 | 18.6% |
Total | 60.2 | 92.4 | 81.7 | 99.6 | 18.3% |
Top Suppliers of Oil Seeds; Sunflower Seeds, Whether or Not Broken to Iraq in 2022:
- China (54.6K tons)
- Turkey (6.2K tons)
- United States (3.8K tons)
- United Arab Emirates (1.5K tons)
- Moldova (1.4K tons)
- Ukraine (1.3K tons)
Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Iraq
After three years of growth, shipments abroad of sunflower seed decreased by -71.8% to 56 tons in 2022. Over the period under review, exports faced a sharp reduction. The pace of growth appeared the most rapid in 2020 with an increase of 41% against the previous year.
In value terms, exports of sunflower seed reduced rapidly to $48K in 2022. Overall, exports recorded a dramatic decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 68% against the previous year.
Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Iraq (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 55.1 | 131 | 99.6 | 21.1 | -27.4% |
United Kingdom | N/A | 1.3 | 0.1 | 6.0 | 114.8% |
Netherlands | N/A | N/A | 0.9 | 5.2 | 477.8% |
Germany | 23.6 | 22.3 | 8.5 | 5.2 | -39.6% |
Uzbekistan | N/A | N/A | 126 | N/A | 0% |
Others | 26.7 | 22.3 | 12.9 | 10.3 | -27.2% |
Total | 105 | 177 | 248 | 47.8 | -23.1% |
Top Export Markets for Oil Seeds; Sunflower Seeds, Whether or Not Broken from Iraq in 2022:
- Turkey (23.2 tons)
- Netherlands (9.7 tons)
- Germany (4.7 tons)
- United Kingdom (4.5 tons)
This report provides an in-depth analysis of the sunflower seed market in Iraq.
This report provides an in-depth analysis of the global sunflower seed market.
This report provides an in-depth analysis of the sunflower seed market in Iraq.
This report provides an in-depth analysis of the global sunflower seed market.
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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Global sunflower seed consumption amounted to X thousand tons in 2015, coming up 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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