Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Ecuador - 2022

Contents:

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

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

The average import price for sunflower seed stood at $724 per ton in 2022, with a decrease of -21.5% against the previous year. In general, the import price saw a abrupt curtailment. The growth pace was the most rapid in 2021 when the average import price increased by 14%. The import price peaked at $1,684 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($5,604 per ton), while the price for Argentina stood at $414 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+12.4%).

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

The average export price for sunflower seed stood at $32,500 per ton in 2022, picking up by 1,201% against the previous year. In general, the export price continues to indicate a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Colombia.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +59.3% per year.

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

In 2022, the amount of sunflower seed imported into Ecuador soared to 6.3K tons, increasing by 516% on 2021 figures. Overall, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of sunflower seed soared to $4.5M in 2022. In general, imports saw a significant increase. 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 Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina8212583732,43943.8%
United States4744384661,99861.5%
Others74.458.696.987.55.6%
Total1,3697559364,52448.9%

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

  1. Argentina (5.9K tons)
  2. United States (0.4K tons)

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

In 2022, overseas shipments of sunflower seed decreased by 99.9% to 4 kg, falling for the second consecutive year after two years of growth. In general, exports recorded a sharp reduction. The pace of growth appeared the most rapid in 2020 with an increase of 14%. As a result, the exports reached the peak of 66 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of sunflower seed dropped markedly to $130 in 2022. Over the period under review, exports continue to indicate a dramatic decline. The smallest decline of -1.4% was in 2020.

Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ColombiaN/AN/AN/A0.10%
Mexico1071057.3N/A-73.9%
United StatesN/AN/A20.6N/A0%
OthersN/AN/A0.1N/A0%
Total10710527.90.1-90.2%

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

  1. Colombia (4.0 kg)

Source: IndexBox Market Intelligence Platform

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