U.S. - Crude Sunflower-Seed And Safflower Oil - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCrude Sunflower-Seed And Safflower Oil Prices in the United States
U.S. Crude Sunflower-Seed And Safflower Oil Import Price per Ton in August 2022
In August 2022, the crude sunflower-seed and safflower oil price per ton stood at $1.8K (CIF, US), with a decrease of -1.7% against the previous month. Over the period under review, import price indicated a prominent increase from January 2022 to August 2022: its price increased at an average monthly rate of +7.7% over the last seven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2022 figures, crude sunflower-seed and safflower oil import price increased by +73.4% against May 2022 indices. The pace of growth was the most pronounced in July 2022 an increase of 34% month-to-month. As a result, import price reached the peak level of $1.8K per ton, and then declined slightly in the following month.
There were significant differences in the average prices amongst the major supplying countries. In August 2022, the country with the highest price was France ($4.4K per ton), while the price for Paraguay ($470.0 per ton) was amongst the lowest.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by France (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.
U.S. Crude Sunflower-Seed And Safflower Oil Imports
In August 2022, supplies from abroad of crude sunflower-seed and safflower oil decreased by -68.8% to 5.2K tons for the first time since May 2022, thus ending a two-month rising trend. Over the period under review, imports, however, saw perceptible growth. The pace of growth appeared the most rapid in February 2022 with an increase of 286% against the previous month.
In value terms, crude sunflower-seed and safflower oil imports declined remarkably to $9.3M (IndexBox estimates) in August 2022. Overall, imports, however, showed a prominent increase. The most prominent rate of growth was recorded in February 2022 when imports increased by 388% against the previous month.
U.S. Crude Sunflower-Seed And Safflower Oil Imports by Country
Argentina (2K tons), Mexico (1.7K tons) and Ukraine (822 tons) were the main suppliers of crude sunflower-seed and safflower oil imports to the United States, together comprising 87% of total imports. These countries were followed by Spain, Paraguay and France, which together accounted for a further 11%.
From January 2022 to August 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +60.2%), while imports for the other leaders experienced more modest paces of growth.
In value terms, Argentina ($4.4M) constituted the largest supplier of crude sunflower-seed and safflower oil to the United States, comprising 47% of total imports. The second position in the ranking was taken by Ukraine ($2.1M), with a 22% share of total imports. It was followed by Spain, with a 14% share.
From January 2022 to August 2022, the average monthly growth rate of value from Argentina totaled +23.9%. The remaining supplying countries recorded the following average monthly rates of imports growth: Ukraine (+15.3% per month) and Spain (+68.5% per month).
This report provides an in-depth analysis of the market for crude sunflower-seed and safflower oil in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 268 - Oil of Sunflower Seed
- FCL 281 - Oil of Safflower Seed
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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In value terms, metal link chain exports contracted modestly to $9.8M in April 2023.
In February 2023, the price of caustic soda fell by 11.5% to $381 per ton FOB (Free On Board) in the US compared to the level from the previous month.
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Over the past year, the prices for sunflower oil have doubled, against robust demand and depleting sunflower seed stocks. The dry weather conditions negatively affected the sunflower crop yield in 2020, but the market is now seeing a sturdy recovery. The production of sunflower oil is forecast to increase in 2021 driven by strong demand that promotes investments in the expansion of harvested areas.
Global sunflower-seed and safflower oil consumption amounted to X thousand tons in 2015, remaining constant against the previous year level.
In 2015, the countries with the highest levels of sunflower-seed and safflower oil production were Ukraine (X thousand tons), Russia (X thousand tons), Turkey (X thousand tons), together accounting for X% of total output.
Ukraine dominates in the global trade of sunflower-seed and safflower oil. In 2014, Ukraine exported X thousand tons of sunflower-seed and safflower oil totaling X USD, X% over the previous year. Its primary trading partner was India, where i
The total output volume increased at an average annual rate of +1.0% over the period from 2007 to 2018.
In 2015, the countries with the highest levels of cotton-seed oil production were China (X thousand tons), India (X thousand tons), Pakistan (X thousand tons), together accounting for X% of total output.