U.S. - Sunflower-Seed And Safflower Oil - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSunflower-Seed And Safflower Oil Prices in the United States
U.S. Sunflower-Seed And Safflower Oil Import Price per Ton in June 2022
In June 2022, the sunflower-seed and safflower oil price per ton amounted to $2.0K (CIF, US), with an increase of 22% against the previous month. Over the last five months, it increased at an average monthly rate of +4.0%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In June 2022, the country with the highest price was Spain ($3.4K per ton), while the price for Mexico ($1.2K per ton) was amongst the lowest.
From January 2022 to June 2022, the most notable rate of growth in terms of prices was attained by Spain (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.
U.S. Sunflower-Seed And Safflower Oil Import Prices by Type
Prices varied noticeably by the product type; the product with the highest price was sunflower-seed or safflower oil, refined, but not chemically modified ($2.8K per ton), while the price for crude sunflower-seed and safflower oil amounted to $1.3K per ton.
From January 2022 to June 2022, the most notable rate of growth in terms of prices was attained by sunflower-seed or safflower oil, refined, but not chemically modified (+8.7%).
U.S. Sunflower-Seed And Safflower Oil Imports
In June 2022, purchases abroad of sunflower-seed and safflower oil decreased by -5.1% to 14K tons, falling for the third consecutive month after three months of growth. Overall, imports continue to indicate a deep setback. The pace of growth was the most pronounced in February 2022 when imports increased by 62% against the previous month.
In value terms, sunflower-seed and safflower oil imports surged to $28M (IndexBox estimates) in June 2022. Over the period under review, imports showed a mild descent. The growth pace was the most rapid in February 2022 when imports increased by 49% m-o-m.
U.S. Sunflower-Seed And Safflower Oil Imports by Type
Crude sunflower-seed and safflower oil (7.4K tons) and sunflower-seed or safflower oil, refined, but not chemically modified (6.4K tons) were the main products of sunflower-seed and safflower oil imports to the United States.
From January 2022 to June 2022, the most notable rate of growth in terms of purchases, amongst the major product types, was attained by crude sunflower-seed and safflower oil (with a CAGR of +12.8%).
In value terms, sunflower-seed or safflower oil, refined, but not chemically modified ($18M) and crude sunflower-seed and safflower oil ($9.9M) were the most imported types of sunflower-seed and safflower oil in the United States.
U.S. Sunflower-Seed And Safflower Oil Imports by Country
In June 2022, Mexico (4.4K tons) constituted the largest supplier of sunflower-seed and safflower oil to the United States, accounting for a 32% share of total imports. Moreover, sunflower-seed and safflower oil imports from Mexico exceeded the figures recorded by the second-largest supplier, Argentina (2.1K tons), twofold. Spain (1.9K tons) ranked third in terms of total imports with a 14% share.
From January 2022 to June 2022, the average monthly growth rate of volume from Mexico stood at +8.6%. The remaining supplying countries recorded the following average monthly rates of imports growth: Argentina (+26.3% per month) and Spain (+6.6% per month).
In value terms, the largest sunflower-seed and safflower oil suppliers to the United States were Spain ($6.6M), Mexico ($5M) and Argentina ($5M), together comprising 60% of total imports. These countries were followed by Ukraine, the Netherlands, Italy, Turkey and France, which together accounted for a further 35%.
the Netherlands, with a CAGR of +52.7%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the market for 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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