Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in New Zealand - 2023
Contents:
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in New Zealand (CIF) - 2022
- Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in New Zealand (FOB) - 2022
- Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in New Zealand
- Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in New Zealand
Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in New Zealand (CIF) - 2022
The average import price for sunflower seed stood at $1,586 per ton in 2022, picking up by 13% against the previous year. In general, the import price, however, showed a slight downturn. The most prominent rate of growth was recorded in 2021 when the average import price increased by 27% against the previous year. Over the period under review, average import prices hit record highs at $1,772 per ton in 2012; however, from 2013 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 China ($2,372 per ton), while the price for Australia ($1,232 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.9%), 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 New Zealand (FOB) - 2022
The average export price for sunflower seed stood at $3,833 per ton in 2022, rising by 86% against the previous year. In general, the export price showed a remarkable increase. The pace of growth was the most pronounced in 2016 an increase of 174% against the previous year. The export price peaked at $3,866 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cook Islands ($5,231 per ton), while the average price for exports to Singapore ($2,343 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 Fiji (+7.2%), 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 New Zealand
In 2022, approx. 1.9K tons of sunflower seed were imported into New Zealand; increasing by 2.6% against the previous year. Over the period under review, imports, however, saw a mild contraction. The pace of growth was the most pronounced in 2020 with an increase of 5.2%. As a result, imports attained the peak of 2.1K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of sunflower seed surged to $3M in 2022. The total import value increased at an average annual rate of +14.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 New Zealand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bulgaria | 1,170 | 1,427 | 1,901 | 2,092 | 21.4% |
China | 461 | 534 | 476 | 456 | -0.4% |
Argentina | 246 | 118 | N/A | 115 | -22.4% |
Australia | 6.5 | 35.4 | 42.2 | 109 | 156.0% |
India | 72.1 | 65.8 | 27.5 | 78.2 | 2.7% |
Others | 46.7 | 88.4 | 115 | 113 | 34.3% |
Total | 2,002 | 2,269 | 2,562 | 2,963 | 14.0% |
Top Suppliers of Oil Seeds; Sunflower Seeds, Whether or Not Broken to New Zealand in 2022:
- Bulgaria (1418.6 tons)
- China (192.3 tons)
- Australia (88.8 tons)
- Argentina (88.6 tons)
- India (53.1 tons)
Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in New Zealand
In 2022, approx. 3.3 tons of sunflower seed were exported from New Zealand; waning by -88.3% on 2021 figures. In general, exports showed a significant curtailment. The pace of growth was the most pronounced in 2021 with an increase of 800%. As a result, the exports reached the peak of 28 tons, and then shrank notably in the following year.
In value terms, exports of sunflower seed reduced remarkably to $13K in 2022. Over the period under review, exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 when exports increased by 378% against the previous year. As a result, the exports reached the peak of $58K, and then dropped markedly in the following year.
Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in New Zealand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Fiji | 3.9 | 3.0 | 3.9 | 6.0 | 15.4% |
Singapore | 2.0 | 3.6 | 6.1 | 2.4 | 6.3% |
Cook Islands | 1.5 | 0.4 | 1.3 | 1.7 | 4.3% |
Vanuatu | 0.2 | 0.3 | 0.5 | 0.8 | 58.7% |
French Polynesia | 0.2 | 0.2 | 0.1 | 0.7 | 51.8% |
Australia | 7.5 | 0.5 | 1.1 | 0.1 | -76.3% |
Bulgaria | N/A | N/A | 16.1 | N/A | 0% |
Ireland | N/A | N/A | 26.6 | N/A | 0% |
Others | 0.8 | 4.1 | 2.5 | 1.1 | 11.2% |
Total | 16.0 | 12.2 | 58.3 | 12.7 | -7.4% |
Top Export Markets for Oil Seeds; Sunflower Seeds, Whether or Not Broken from New Zealand in 2022:
- Fiji (1455.0 kg)
- Singapore (1005.0 kg)
- Cook Islands (329.0 kg)
- Vanuatu (257.0 kg)
- French Polynesia (140.0 kg)
- Australia (36.0 kg)
This report provides an in-depth analysis of the sunflower seed market in New Zealand.
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 New Zealand.
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.
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.
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.
Global sunflower seed consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
Global sunflower seed exports amounted to X thousand tons in 2015, descending by -X% against the previous year level.
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.
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.
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
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
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