Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Greece - 2023

Contents:

  1. Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Greece (CIF) - 2023
  2. Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Greece (FOB) - 2022
  3. Imports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Greece
  4. Exports of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Greece

Price for Oil Seeds; Sunflower Seeds, Whether or Not Broken in Greece (CIF) - 2023

In October 2023, the average import price for sunflower seed amounted to $494 per ton, falling by -15.2% against the previous month. Overall, the import price continues to indicate a noticeable downturn. The growth pace was the most rapid in February 2023 when the average import price increased by 203% month-to-month. As a result, import price reached the peak level of $3,591 per ton. From March 2023 to October 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($2,492 per ton), while the price for Ukraine ($450 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by North Macedonia (+8.3%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for sunflower seed stood at $951 per ton in 2022, growing by 4.8% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 129%. As a result, the export price attained the peak level of $1,139 per ton. From 2020 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($963 per ton), while the average price for exports to Italy stood at $855 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+5.0%).

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

In 2022, after two years of decline, there was significant growth in overseas purchases of sunflower seed, when their volume increased by 37% to 15K tons. Over the period under review, imports, however, recorded a sharp slump.

In value terms, imports of sunflower seed surged to $20M in 2022. In general, imports, however, saw a abrupt curtailment.

Import of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Greece (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bulgaria7.41.74.59.89.8%
China2.73.83.93.25.8%
France0.63.21.62.049.4%
United States1.50.91.60.9-15.7%
Moldova6.6N/AN/A0.1-75.3%
Russia3.32.6N/AN/A-21.2%
Others2.13.64.44.024.0%
Total24.215.815.920.1-6.0%

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

  1. Bulgaria (11.6K tons)
  2. China (1.8K tons)
  3. United States (0.6K tons)
  4. France (0.3K tons)
  5. Moldova (0.1K tons)

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

In 2022, shipments abroad of sunflower seed decreased by -16.6% to 7.4K tons, falling for the second consecutive year after two years of growth. Overall, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 1,833% against the previous year. As a result, the exports attained the peak of 22K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of sunflower seed shrank to $7M in 2022. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 911% against the previous year. As a result, the exports reached the peak of $13M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Greece (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy0.61.50.94.392.8%
Bulgaria0.29.94.92.1119.0%
NetherlandsN/A0.60.7N/A16.7%
Others0.51.21.60.66.3%
Total1.313.28.07.075.3%

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

  1. Italy (5.0K tons)
  2. Bulgaria (2.2K tons)

Source: IndexBox Market Intelligence Platform

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