Malawi: Market for Sunflower-Seed And Safflower Oil 2019

Market Size for Sunflower-Seed And Safflower Oil in Malawi

The revenue of the sunflower-seed and safflower oil market in Malawi amounted to $X in 2018, increasing by X% against the previous year. Over the period under review, sunflower-seed and safflower oil consumption continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2009 with an increase of X% year-to-year. Over the period under review, the sunflower-seed and safflower oil market attained its peak figure level at $X in 2013; however, from 2014 to 2018, consumption failed to regain its momentum.

Production of Sunflower-Seed And Safflower Oil in Malawi

In value terms, sunflower-seed and safflower oil production stood at $X in 2018 estimated in export prices. Overall, sunflower-seed and safflower oil production continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, sunflower-seed and safflower oil production attained its peak figure level in 2018 and is expected to retain its growth in the immediate term.

Exports of Sunflower-Seed And Safflower Oil

Exports from Malawi

In 2018, the amount of sunflower-seed and safflower oil exported from Malawi stood at X tons, going up by X% against the previous year. Over the period under review, sunflower-seed and safflower oil exports continue to indicate a skyrocketing increase. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Over the period under review, sunflower-seed and safflower oil exports reached their maximum in 2018 and are expected to retain its growth in the near future.

In value terms, sunflower-seed and safflower oil exports stood at $X in 2018. In general, sunflower-seed and safflower oil exports continue to indicate outstanding growth. The growth pace was the most rapid in 2013 when exports increased by X% year-to-year. Over the period under review, sunflower-seed and safflower oil exports attained their maximum in 2018 and are expected to retain its growth in the near future.

Exports by Country

In 2018, Ukraine (X tons) represented the major exporter of sunflower-seed and safflower oil, generating X% of total exports. Russia (X tons) ranks second in terms of the total exports with a X% share, followed by Argentina (X%), the Netherlands (X%) and Hungary (X%). The following exporters - France (X tons), Turkey (X tons), Bulgaria (X tons), Spain (X tons) and Romania (X tons) - together made up X% of total exports.

Exports from Ukraine increased at an average annual rate of +X% from 2007 to 2018. At the same time, Turkey (+X%), Bulgaria (+X%), Spain (+X%), Romania (+X%), Hungary (+X%), Russia (+X%), France (+X%) and the Netherlands (+X%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Argentina experienced a relatively flat trend pattern. Ukraine (+X p.p.), Russia (+X p.p.), Turkey (+X p.p.), Hungary (+X p.p.), Bulgaria (+X p.p.), Spain (+X p.p.) and the Netherlands (+X p.p.) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ukraine ($X) remains the largest sunflower-seed and safflower oil supplier from Malawi, comprising X% of global exports. The second position in the ranking was occupied by Russia ($X), with a X% share of global exports. It was followed by Argentina, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in Ukraine amounted to +X%. In the other countries, the average annual rates were as follows: Russia (+X% per year) and Argentina (+X% per year).

Export Prices by Country

The sunflower-seed and safflower oil export price in Malawi stood at $X per ton in 2018, leveling off at the previous year. Overall, the export price indicated a buoyant increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, sunflower-seed and safflower oil export price increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2012 an increase of X% y-o-y. Malawi export price peaked in 2018 and is expected to retain its growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2018, major exporting countries recorded the following prices: in Turkey ($X per ton) and Spain ($X per ton), while Ukraine ($X per ton) and Argentina ($X per ton) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Russia, while the other leaders experienced mixed trends in the export price figures.

Imports of Sunflower-Seed And Safflower Oil

Imports into Malawi

In 2018, approx. X tons of sunflower-seed and safflower oil were imported into Malawi; growing by X% against the previous year. In general, sunflower-seed and safflower oil imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. Malawi imports peaked at X tons in 2013; however, from 2014 to 2018, imports failed to regain their momentum.

In value terms, sunflower-seed and safflower oil imports amounted to $X in 2018. In general, sunflower-seed and safflower oil imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2012 when imports increased by X% y-o-y. Malawi imports peaked at $X in 2013; however, from 2014 to 2018, imports failed to regain their momentum.

Imports by Country

India represented the key importer of sunflower-seed and safflower oil in the world, with the volume of imports accounting for X tons, which was near X% of total imports in 2018. Italy (X tons) held the second position in the ranking, followed by Turkey (X tons), Spain (X tons) and the Netherlands (X tons). All these countries together took near X% share of total imports. Iraq (X tons), Iran (X tons), Belgium (X tons), Germany (X tons), the UK (X tons), Egypt (X tons) and France (X tons) followed a long way behind the leaders.

India was also the fastest-growing in terms of the sunflower-seed and safflower oil imports, with a CAGR of +X% from 2007 to 2018. At the same time, Turkey (+X%), Italy (+X%), Iraq (+X%), Iran (+X%), Egypt (+X%), Spain (+X%), the Netherlands (+X%), Belgium (+X%), Germany (+X%) and the UK (+X%) displayed positive paces of growth. France experienced a relatively flat trend pattern. While the share of India (+X p.p.), Turkey (+X p.p.), Italy (+X p.p.), Iraq (+X p.p.), Iran (+X p.p.), Spain (+X p.p.), the Netherlands (+X p.p.) and Egypt (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported sunflower-seed and safflower oil into Malawi, comprising X% of global imports. The second position in the ranking was occupied by Italy ($X), with a X% share of global imports. It was followed by the Netherlands, with a X% share.

In India, sunflower-seed and safflower oil imports expanded at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Italy (+X% per year) and the Netherlands (+X% per year).

Import Prices by Country

In 2018, the sunflower-seed and safflower oil import price in Malawi amounted to $X per ton, reducing by -X% against the previous year. Over the period under review, the sunflower-seed and safflower oil import price continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2010 when the import price increased by X% year-to-year. Over the period under review, the import prices for sunflower-seed and safflower oil reached their peak figure at $X per ton in 2013; however, from 2014 to 2018, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2018, major importing countries recorded the following prices: in Germany ($X per ton) and Belgium ($X per ton), while Iran ($X per ton) and Turkey ($X per ton) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by India, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform