Mozambique: Market for Sunflower-Seed And Safflower Oil 2019

Market Size for Sunflower-Seed And Safflower Oil in Mozambique

The revenue of the sunflower-seed and safflower oil market in Mozambique amounted to $X in 2018, going up by X% against the previous year. Overall, sunflower-seed and safflower oil consumption continues to indicate a prominent increase. The pace of growth was the most pronounced in 2010 when the market value increased by X% y-o-y. Over the period under review, the sunflower-seed and safflower oil market reached its maximum level at $X in 2013; however, from 2014 to 2018, consumption remained at a lower figure.

Production of Sunflower-Seed And Safflower Oil in Mozambique

In value terms, sunflower-seed and safflower oil production amounted to $X in 2018 estimated in export prices. Overall, sunflower-seed and safflower oil production continues to indicate a strong increase. The pace of growth appeared the most rapid in 2012 when production volume increased by X% year-to-year. In that year, sunflower-seed and safflower oil production reached its peak level of $X. From 2013 to 2018, sunflower-seed and safflower oil production growth remained at a somewhat lower figure.

Exports of Sunflower-Seed And Safflower Oil

Exports from Mozambique

In 2018, the exports of sunflower-seed and safflower oil from Mozambique stood at X tons, dropping by -X% against the previous year. In general, sunflower-seed and safflower oil exports, however, continue to indicate remarkable growth. The pace of growth appeared the most rapid in 2014 with an increase of X% y-o-y. In that year, sunflower-seed and safflower oil exports attained their peak of X tons. From 2015 to 2018, the growth of sunflower-seed and safflower oil exports failed to regain its momentum.

In value terms, sunflower-seed and safflower oil exports stood at $X in 2018. Over the period under review, sunflower-seed and safflower oil exports, however, continue to indicate a prominent expansion. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. In that year, sunflower-seed and safflower oil exports reached their peak of $X. From 2015 to 2018, the growth of sunflower-seed and safflower oil exports failed to regain its momentum.

Exports by Country

Ukraine represented the largest exporting country with an export of around X tons, which finished at X% of total exports. Russia (X tons) took a X% share (based on tons) of total exports, which put it in second place, 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. From 2007 to 2018, the share of Ukraine, Russia, Turkey, Hungary, Bulgaria, Spain and the Netherlands increased by +X%, +X%, +X%, +X%, +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2018, the average annual growth rate of value in Ukraine stood at +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Russia (+X% per year) and Argentina (+X% per year).

Export Prices by Country

The sunflower-seed and safflower oil export price in Mozambique stood at $X per ton in 2018, falling by -X% against the previous year. In general, the export price indicated a remarkable expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. 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 decreased by -X% against 2012 indices. The growth pace was the most rapid in 2011 when the export price increased by X% against the previous year. Over the period under review, the export prices for sunflower-seed and safflower oil reached their peak figure at $X per ton in 2012; however, from 2013 to 2018, export prices stood at a somewhat lower figure.

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 Mozambique

In 2018, the imports of sunflower-seed and safflower oil into Mozambique stood at X tons, surging by X% against the previous year. In general, sunflower-seed and safflower oil imports continue to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. In that year, sunflower-seed and safflower oil imports attained their peak of X tons. From 2014 to 2018, the growth of sunflower-seed and safflower oil imports remained at a lower figure.

In value terms, sunflower-seed and safflower oil imports totaled $X in 2018. Over the period under review, sunflower-seed and safflower oil imports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, sunflower-seed and safflower oil imports reached their peak figure at $X in 2013; however, from 2014 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, India (X tons) was the main importer of sunflower-seed and safflower oil, constituting X% of total imports. It was distantly followed by Italy (X tons), Turkey (X tons), Spain (X tons) and the Netherlands (X tons), together achieving a 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) held a minor share of total imports.

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. From 2007 to 2018, the share of India, Turkey, Italy, Iraq, Iran, Spain, the Netherlands and Egypt increased by +X%, +X%, +X%, +X%, +X%, +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

The sunflower-seed and safflower oil import price in Mozambique stood at $X per ton in 2018, reducing by -X% against the previous year. Overall, the sunflower-seed and safflower oil import price continues to indicate a mild descent. The growth pace was the most rapid in 2008 when the import price increased by X% y-o-y. Over the period under review, the import prices for sunflower-seed and safflower oil attained their peak figure at $X per ton in 2012; however, from 2013 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