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

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