Report Update Feb 1, 2025

Dominican Republic - Sunflower Seed - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Sunflower Seed Market 2025

Sunflower Seed Market Size in the Dominican Republic

In 2022, the Dominican sunflower seed market decreased by -45.5% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption, however, saw a resilient increase. Sunflower seed consumption peaked at $X in 2021, and then declined sharply in the following year.

Sunflower Seed Exports

Exports from the Dominican Republic

In 2022, overseas shipments of sunflower seed decreased by -94.8% to X kg for the first time since 2019, thus ending a two-year rising trend. Overall, exports recorded a perceptible decrease. The pace of growth appeared the most rapid in 2020 with an increase of 433%. Over the period under review, the exports reached the maximum at X kg in 2021, and then dropped significantly in the following year.

In value terms, sunflower seed exports contracted notably to $X in 2022. Over the period under review, exports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2021 when exports increased by 487% against the previous year. As a result, the exports reached the peak of $X, and then fell remarkably in the following year.

Exports by Country

Switzerland (X kg) was the main destination for sunflower seed exports from the Dominican Republic, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Switzerland was relatively modest.

In value terms, Switzerland ($X) emerged as the key foreign market for sunflower seed exports from the Dominican Republic.

From 2012 to 2022, the average annual rate of growth in terms of value to Switzerland was relatively modest.

Export Prices by Country

In 2022, the average sunflower seed export price amounted to $X per ton, with an increase of 15% against the previous year. Over the period under review, the export price, however, saw a pronounced decrease. The pace of growth was the most pronounced in 2021 when the average export price increased by 82% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Switzerland.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -8.7% per year.

Sunflower Seed Imports

Imports into the Dominican Republic

In 2022, supplies from abroad of sunflower seed decreased by -49.4% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, continue to indicate a resilient increase. The growth pace was the most rapid in 2013 when imports increased by 160%. Imports peaked at X tons in 2021, and then dropped remarkably in the following year.

In value terms, sunflower seed imports reduced markedly to $X in 2022. Overall, imports, however, recorded a resilient expansion. The pace of growth was the most pronounced in 2013 with an increase of 159% against the previous year. Over the period under review, imports attained the maximum at $X in 2021, and then shrank notably in the following year.

Imports by Country

In 2022, Argentina (X tons) constituted the largest supplier of sunflower seed to the Dominican Republic, accounting for a 76% share of total imports. Moreover, sunflower seed imports from Argentina exceeded the figures recorded by the second-largest supplier, Canada (X tons), fourfold. The third position in this ranking was held by Bulgaria (X tons), with a 3.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Argentina amounted to +9.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+11.3% per year) and Bulgaria (+9.1% per year).

In value terms, Argentina ($X) constituted the largest supplier of sunflower seed to the Dominican Republic, comprising 71% of total imports. The second position in the ranking was held by Canada ($X), with an 18% share of total imports. It was followed by Bulgaria, with a 6.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Argentina totaled +7.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+9.8% per year) and Bulgaria (+32.3% per year).

Import Prices by Country

The average sunflower seed import price stood at $X per ton in 2022, picking up by 10% against the previous year. Overall, the import price, however, saw a mild shrinkage. The pace of growth was the most pronounced in 2021 an increase of 24%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($X per ton), while the price for Argentina ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+21.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sunflower seed in the world?

The countries with the highest volumes of sunflower seed consumption in 2021 were Russia, Ukraine and Argentina, together comprising 59% of global consumption. These countries were followed by Turkey, China, Romania, Hungary, Bulgaria, Palestine, France, Spain, the United States and Tanzania, which together accounted for a further 28%.

What are the largest producers of sunflower seed in the world?

The countries with the highest volumes of sunflower seed production in 2021 were Russia, Ukraine and Argentina, together accounting for 60% of global production. These countries were followed by Romania, China, Turkey, Bulgaria, Hungary, France, the United States, Tanzania, Kazakhstan and Spain, which together accounted for a further 30%.

What are the leading suppliers of sunflower seed to the Dominican Republic?

In value terms, Argentina constituted the largest supplier of sunflower seed to the Dominican Republic, comprising 74% of total imports. The second position in the ranking was occupied by Canada, with a 21% share of total imports.

What is the average export price for sunflower seed in the Dominican Republic?

In 2020, the average sunflower seed export price amounted to $1,000 per ton, stabilizing at the previous year.

What is the average import price for sunflower seed in the Dominican Republic?

In 2021, the average sunflower seed import price amounted to $1,182 per ton, rising by 17% against the previous year.

This report provides an in-depth analysis of the sunflower seed market in the Dominican Republic. 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 267 - Sunflower seed

Country coverage:

Dominican Republic

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Dominican Republic
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.

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. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. 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, HARVESTED AREA AND YIELD
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. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Area Harvested, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024