Hungary: Sunflower Seed Market 2025

Sunflower Seed Market Size in Hungary

In 2022, the Hungarian sunflower seed market increased by 34% to $X, rising for the third consecutive year after two years of decline. Over the period under review, the total consumption indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +9.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +67.5% against 2019 indices. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Sunflower Seed Production in Hungary

In value terms, sunflower seed production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2016 when the production volume increased by 34%. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

In 2022, the average yield of sunflower seed in Hungary expanded slightly to X tons per ha, with an increase of 1.6% on the year before. The yield figure increased at an average annual rate of +2.5% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 when the yield increased by 17% against the previous year. The sunflower seed yield peaked at X tons per ha in 2019; however, from 2020 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The sunflower seed harvested area in Hungary dropped slightly to X ha in 2022, waning by -3.2% against the previous year. Overall, the harvested area, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the harvested area increased by 10%. As a result, the harvested area attained the peak level of X ha. From 2018 to 2022, the growth of the sunflower seed harvested area failed to regain momentum.

Sunflower Seed Exports

Exports from Hungary

In 2022, shipments abroad of sunflower seed decreased by -16.2% to X tons, falling for the third consecutive year after two years of growth. In general, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when exports increased by 37%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, sunflower seed exports rose slightly to $X in 2022. Overall, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2018 with an increase of 15% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Austria (X tons), the Czech Republic (X tons) and Germany (X tons) were the main destinations of sunflower seed exports from Hungary, together accounting for 63% of total exports. Italy, Romania, Bulgaria, the Netherlands and Slovakia lagged somewhat behind, together accounting for a further 28%.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of +36.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Austria ($X) and Germany ($X) constituted the largest markets for sunflower seed exported from Hungary worldwide, with a combined 46% share of total exports.

The Czech Republic, with a CAGR of +23.1%, saw the highest growth rate of the value of exports, among the main countries of destination 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, rising by 23% against the previous year. Overall, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sunflower seed export price increased by +75.2% against 2018 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovakia ($X per ton), while the average price for exports to Austria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.

Sunflower Seed Imports

Imports into Hungary

In 2022, the amount of sunflower seed imported into Hungary surged to X tons, increasing by 195% against the previous year's figure. Overall, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, sunflower seed imports skyrocketed to $X in 2022. In general, imports continue to indicate a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Ukraine (X tons), Romania (X tons) and Slovakia (X tons) were the main suppliers of sunflower seed imports to Hungary, together accounting for 81% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ukraine (with a CAGR of +83.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Ukraine ($X), Romania ($X) and Slovakia ($X) were the largest sunflower seed suppliers to Hungary, together comprising 76% of total imports.

In terms of the main suppliers, Ukraine, with a CAGR of +82.3%, saw the highest growth rate of the value of imports, 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, waning by -5.2% against the previous year. Over the period under review, the import price recorded a mild shrinkage. The most prominent rate of growth was recorded in 2015 when the average import price increased by 34% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Austria ($X per ton) and Serbia ($X per ton), while the price for Poland ($X per ton) and Croatia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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