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

Contents:

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

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

In 2022, the average import price for sunflower seed amounted to $379 per ton, with a decrease of -45.9% against the previous year. Over the period under review, the import price continues to indicate a perceptible decrease. The pace of growth appeared the most rapid in 2013 when the average import price increased by 75%. The import price peaked at $1,261 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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 Australia ($420 per ton), while the price for France ($176 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+4.5%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for sunflower seed amounted to $782 per ton, remaining constant against the previous year. Over the period under review, the export price saw a deep downturn. The most prominent rate of growth was recorded in 2015 when the average export price increased by 35%. Over the period under review, the average export prices attained the peak figure at $2,845 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 Russia ($2,246 per ton), while the average price for exports to Oman totaled $497 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+25.2%), while the prices for the other major destinations experienced a decline.

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

In 2022, overseas purchases of sunflower seed increased by 284% to 17K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of sunflower seed soared to $6.4M in 2022. Over the period under review, imports posted resilient growth.

Import of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7701,4913533,87271.3%
Australia1854781502,013121.6%
South Africa36.016662.1433129.1%
France7.812.37.751.687.7%
India77.811062.4N/A-10.4%
Romania3,3564,3532,264N/A-17.9%
Ukraine92.110447.1N/A-28.5%
Others1031701206.9-59.4%
Total4,6296,8853,0666,37711.3%

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

  1. China (10.0K tons)
  2. Australia (4.8K tons)
  3. South Africa (1.7K tons)
  4. France (0.3K tons)

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

Exports of sunflower seed from Pakistan surged to 15 tons in 2022, picking up by 20% on the previous year. Overall, exports, however, recorded a significant curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 78% against the previous year.

In value terms, exports of sunflower seed skyrocketed to $12K in 2022. Over the period under review, exports, however, recorded a significant decline. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year.

Export of Oil Seeds; Sunflower Seeds, Whether or Not Broken in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Oman9.04.85.36.3-11.2%
Russia4.43.43.85.47.1%
United Arab Emirates93.5N/AN/AN/A0%
OthersN/AN/A0.70.1-85.7%
Total1078.29.811.8-52.0%

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

  1. Oman (12.6 tons)
  2. Russia (2.4 tons)

Source: IndexBox Market Intelligence Platform

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