France: Sunflower Seed Market 2024

Sunflower Seed Market Size in France

The French sunflower seed market contracted to $X in 2022, shrinking by -14.5% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Sunflower Seed Production in France

In value terms, sunflower seed production expanded notably to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 56%. Sunflower seed production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

The average yield of sunflower seed in France dropped to X tons per ha in 2022, waning by -13% on 2021. In general, the yield, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. As a result, the yield attained the peak level of X tons per ha, and then contracted in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of sunflower seed were harvested in France; increasing by 5.7% on the previous year. Over the period under review, the harvested area saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the harvested area increased by 29%. As a result, the harvested area reached the peak level of X ha. From 2021 to 2022, the growth of the sunflower seed harvested area failed to regain momentum.

Sunflower Seed Exports

Exports from France

In 2022, the amount of sunflower seed exported from France surged to X tons, jumping by 42% compared with the previous year's figure. In general, total exports indicated perceptible growth from 2012 to 2022: its volume increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.2% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, sunflower seed exports soared to $X in 2022. Over the period under review, total exports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.3% against 2018 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Spain (X tons), the Netherlands (X tons) and Germany (X tons) were the main destinations of sunflower seed exports from France, together comprising 72% of total exports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +21.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), the Netherlands ($X) and Germany ($X) constituted the largest markets for sunflower seed exported from France worldwide, with a combined 52% share of total exports.

Among the main countries of destination, the Netherlands, with a CAGR of +23.8%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average sunflower seed export price amounted to $X per ton, dropping by -6.7% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The pace of growth appeared the most rapid in 2016 an increase of 41% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the average export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Spain ($X per ton) and the UK ($X per ton), while the average price for exports to Belgium ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.

Sunflower Seed Imports

Imports into France

In 2022, imports of sunflower seed into France contracted to X tons, shrinking by -10% against the previous year. Over the period under review, imports, however, enjoyed a temperate increase. The most prominent rate of growth was recorded in 2013 when imports increased by 198%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, sunflower seed imports amounted to $X in 2022. In general, total imports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -13.8% against 2020 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 121% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Ukraine (X tons), Romania (X tons) and Spain (X tons) were the main suppliers of sunflower seed imports to France, together accounting for 82% of total imports. Bulgaria, Germany, Moldova and the United States lagged somewhat behind, together comprising a further 11%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Moldova (with a CAGR of +191.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest sunflower seed suppliers to France were Romania ($X), Ukraine ($X) and Spain ($X), with a combined 61% share of total imports. The United States, Bulgaria, Germany and Moldova lagged somewhat behind, together comprising a further 19%.

Moldova, with a CAGR of +185.3%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average sunflower seed import price stood at $X per ton in 2022, increasing by 13% against the previous year. Overall, the import price enjoyed a moderate expansion. The growth pace was the most rapid in 2021 an increase of 31%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Ukraine ($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 (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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