China - Sunflower-Seed And Safflower Oil - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSunflower-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).
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:
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:
- 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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