Report Update Mar 1, 2025

Philippines - Sunflower Seed - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Sunflower Seed Market 2025

Sunflower Seed Market Size in the Philippines

The Philippine sunflower seed market surged to $X in 2022, jumping by 22% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption enjoyed a resilient increase. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Sunflower Seed Exports

Exports from the Philippines

Sunflower seed exports from the Philippines dropped sharply to X kg in 2013, with a decrease of -78.5% on the previous year's figure. Overall, exports saw a significant curtailment. Over the period under review, the exports attained the peak figure at X kg in 2012, and then declined notably in the following year.

In value terms, sunflower seed exports dropped dramatically to $X in 2013. Over the period under review, exports recorded a dramatic decrease. The exports peaked at $X in 2012, and then dropped notably in the following year.

Exports by Country

Singapore (X kg), Norway (X kg) and Canada (X kg) were the main destinations of sunflower seed exports from the Philippines, with a combined 99% share of total exports.

From 2012 to 2013, the biggest increases were recorded for Norway (with a CAGR of 0.0%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Norway ($X) emerged as the key foreign market for sunflower seed exports from the Philippines, comprising 96% of total exports. The second position in the ranking was taken by Singapore ($X), with a 2.2% share of total exports.

From 2012 to 2013, the average annual rate of growth in terms of value to Norway was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (0.0% per year) and Canada (-98.3% per year).

Export Prices by Country

In 2013, the average sunflower seed export price amounted to $X per ton, reducing by -9.8% against the previous year. Overall, the export price showed a abrupt shrinkage. The export price peaked at $X per ton in 2012, and then shrank in the following year.

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

From 2012 to 2013, the most notable rate of growth in terms of prices was recorded for supplies to Canada (-38.8%).

Sunflower Seed Imports

Imports into the Philippines

In 2022, supplies from abroad of sunflower seed increased by 16% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports continue to indicate a measured expansion. The growth pace was the most rapid in 2019 when imports increased by 157%. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, sunflower seed imports soared to $X in 2022. Overall, imports recorded a strong expansion. The growth pace was the most rapid in 2019 when imports increased by 106% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Argentina (X tons) constituted the largest supplier of sunflower seed to the Philippines, accounting for a 46% share of total imports. Moreover, sunflower seed imports from Argentina exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. India (X tons) ranked third in terms of total imports with a 16% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Argentina amounted to +11.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+44.2% per year) and India (-6.1% per year).

In value terms, Argentina ($X) constituted the largest supplier of sunflower seed to the Philippines, comprising 46% of total imports. The second position in the ranking was taken by China ($X), with a 21% share of total imports. It was followed by India, with a 16% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Argentina stood at +18.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+44.7% per year) and India (+0.6% per year).

Import Prices by Country

The average sunflower seed import price stood at $X per ton in 2022, with an increase of 7.1% against the previous year. Overall, the import price recorded resilient growth. The most prominent rate of growth was recorded in 2020 an increase of 78%. The import price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Argentina ($X per ton) and India ($X per ton), while the price for Thailand ($X per ton) and Ukraine ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sunflower seed in the world?

The countries with the highest volumes of sunflower seed consumption in 2021 were Russia, Ukraine and Argentina, with a combined 59% share of global consumption. These countries were followed by Turkey, China, Romania, Hungary, Bulgaria, Palestine, France, Spain, the United States and Tanzania, which together accounted for a further 28%.

What are the largest producers of sunflower seed in the world?

The countries with the highest volumes of sunflower seed production in 2021 were Russia, Ukraine and Argentina, together comprising 60% of global production. Romania, China, Turkey, Bulgaria, Hungary, France, the United States, Tanzania, Kazakhstan and Spain lagged somewhat behind, together accounting for a further 30%.

What are the leading suppliers of sunflower seed to the Philippines?

In value terms, the largest sunflower seed suppliers to the Philippines were Argentina, India and China, with a combined 77% share of total imports. These countries were followed by Thailand, Ukraine, Moldova and the United States, which together accounted for a further 22%.

What are the leading importers of sunflower seed from the Philippines?

In value terms, Canada remains the key foreign market for sunflower seed exports from the Philippines.

What is the average export price for sunflower seed in the Philippines?

In 2021, the average sunflower seed export price amounted to $2,600 per ton, with a decrease of -16.1% against the previous year.

What is the average import price for sunflower seed in the Philippines?

The average sunflower seed import price stood at $1,200 per ton in 2021, with an increase of 12% against the previous year.

This report provides an in-depth analysis of the sunflower seed market in the Philippines. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 267 - Sunflower seed

Country coverage:

Philippines

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Philippines
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Area Harvested, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024