Report Update: May 1, 2025

China - Sunflower-Seed And Safflower Oil - Market Analysis, Forecast, Size, Trends and Insights

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Sunflower-Seed And Safflower Oil Prices in China

China Sunflower-Seed And Safflower Oil Import Price in September 2022

In September 2022, the sunflower-seed and safflower oil price amounted to $1,726 per ton (CIF, China), which is down by -6.7% against the previous month. Overall, import price indicated prominent growth from January 2022 to September 2022: its price increased at an average monthly rate of +5.3% over the last eight months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, sunflower-seed and safflower oil import price decreased by -19.5% against July 2022 indices. The most prominent rate of growth was recorded in July 2022 when the average import price increased by 29% m-o-m. As a result, import price attained the peak level of $2,144 per ton. From August 2022 to September 2022, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In September 2022, the country with the highest price was Ukraine ($1,857 per ton), while the price for Kazakhstan ($1,408 per ton) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+6.5%), while the prices for the other major suppliers experienced mixed trend patterns.

China Sunflower-Seed And Safflower Oil Import Prices by Type

There were significant differences in the average prices amongst the major supplied products. In September 2022, the product with the highest price was sunflower-seed or safflower oil, refined, but not chemically modified ($3,124 per ton), while the price for crude sunflower-seed and safflower oil amounted to $1,720 per ton.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by sunflower-seed or safflower oil, refined, but not chemically modified (+9.6%).

China Sunflower-Seed And Safflower Oil Imports

Sunflower-seed and safflower oil imports into China expanded remarkably to 27K tons in September 2022, picking up by 7.4% against the month before. In general, imports, however, showed a deep slump. The pace of growth was the most pronounced in July 2022 with an increase of 281% month-to-month. Imports peaked at 113K tons in January 2022; however, from February 2022 to September 2022, imports failed to regain momentum.

In value terms, sunflower-seed and safflower oil imports reached $47M (IndexBox estimates) in September 2022. Over the period under review, imports, however, showed a deep reduction. The pace of growth was the most pronounced in July 2022 with an increase of 391% month-to-month. Imports peaked at 129K tons in January 2022; however, from February 2022 to September 2022, imports stood at a somewhat lower figure.

China Sunflower-Seed And Safflower Oil Imports by Type

In September 2022, crude sunflower-seed and safflower oil (27K tons) was the main type of sunflower-seed and safflower oil supplied to China, accounting for a 100% share of total imports. It was followed by sunflower-seed or safflower oil, refined, but not chemically modified (108 tons), with a 0.4% share of total imports.

From January 2022 to September 2022, the average monthly rate of growth in terms of the volume of import of crude sunflower-seed and safflower oil stood at -16.0%.

In value terms, crude sunflower-seed and safflower oil ($47M) constituted the largest type of sunflower-seed and safflower oil supplied to China, comprising 99% of total imports. The second position in the ranking was held by sunflower-seed or safflower oil, refined, but not chemically modified ($337K), with a 0.7% share of total imports.

China Sunflower-Seed And Safflower Oil Imports by Country

Russia (14K tons), Kazakhstan (7.3K tons) and Ukraine (5.9K tons) were the main suppliers of sunflower-seed and safflower oil imports to China, with a combined 98% share of total imports.

From January 2022 to September 2022, the biggest increases were in Kazakhstan (with a CAGR of +66.2%), while purchases for the other leaders experienced a decline.

In value terms, Russia ($25M) constituted the largest supplier of sunflower-seed and safflower oil to China, comprising 53% of total imports. The second position in the ranking was taken by Ukraine ($11M), with a 23% share of total imports.

From January 2022 to September 2022, the average monthly rate of growth in terms of value from Russia stood at +3.5%. The remaining supplying countries recorded the following average monthly rates of imports growth: Ukraine (-24.8% per month) and Kazakhstan (+61.9% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for sunflower-seed and safflower oil in China. 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:

China

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in China
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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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
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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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024