Portugal: Sunflower Seed Market 2025

Sunflower Seed Market Size in Portugal

In 2022, the Portuguese sunflower seed market increased by 96% to $X, rising for the second consecutive year after two years of decline. In general, consumption enjoyed a tangible increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Sunflower Seed Production in Portugal

In value terms, sunflower seed production contracted to $X in 2022 estimated in export price. Overall, production, however, saw a abrupt downturn. The growth pace was the most rapid in 2014 with an increase of 195% against the previous year. Over the period under review, production reached the peak level at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

The average yield of sunflower seed in Portugal dropped to X tons per ha in 2022, declining by -5.6% against the previous year. Over the period under review, the yield, however, saw buoyant growth. The growth pace was the most rapid in 2014 when the yield increased by 65% against the previous year. The sunflower seed yield peaked at X tons per ha in 2018; however, from 2019 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.

In 2022, approx. X ha of sunflower seed were harvested in Portugal; picking up by 6.9% on the previous year. In general, the harvested area, however, continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2015 when the harvested area increased by 28%. As a result, the harvested area reached the peak level of X ha. From 2016 to 2022, the growth of the sunflower seed harvested area remained at a lower figure.

Sunflower Seed Exports

Exports from Portugal

Sunflower seed exports from Portugal dropped notably to X tons in 2022, shrinking by -85.8% on the previous year. Overall, exports showed a precipitous shrinkage. The pace of growth was the most pronounced in 2015 with an increase of 137%. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, sunflower seed exports fell significantly to $X in 2022. Over the period under review, exports showed a dramatic contraction. The most prominent rate of growth was recorded in 2015 with an increase of 82% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X tons) was the main destination for sunflower seed exports from Portugal, with a 83% share of total exports. Moreover, sunflower seed exports to Spain exceeded the volume sent to the second major destination, Germany (X tons), more than tenfold. The third position in this ranking was taken by France (X tons), with a 3.8% share.

From 2012 to 2022, the average annual growth rate of volume to Spain totaled -32.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+244.0% per year) and France (-10.5% per year).

In value terms, Spain ($X) remains the key foreign market for sunflower seed exports from Portugal, comprising 61% of total exports. The second position in the ranking was taken by France ($X), with a 24% share of total exports. It was followed by Switzerland, with a 5.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Spain stood at -28.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+0.3% per year) and Switzerland (+174.0% per year).

Export Prices by Country

The average sunflower seed export price stood at $X per ton in 2022, picking up by 73% against the previous year. Over the period under review, the export price showed strong growth. The growth pace was the most rapid in 2019 an increase of 96%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Germany ($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 the UK (+35.0%), while the prices for the other major destinations experienced more modest paces of growth.

Sunflower Seed Imports

Imports into Portugal

In 2022, overseas purchases of sunflower seed increased by 74% to X tons for the first time since 2018, thus ending a three-year declining trend. In general, imports recorded a relatively flat trend pattern. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, sunflower seed imports surged to $X in 2022. Over the period under review, imports saw a noticeable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Romania (X tons) constituted the largest supplier of sunflower seed to Portugal, with a 44% share of total imports. Moreover, sunflower seed imports from Romania exceeded the figures recorded by the second-largest supplier, Ukraine (X tons), threefold. Germany (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from Romania totaled +4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (+23.7% per year) and Germany (+104.1% per year).

In value terms, Romania ($X) constituted the largest supplier of sunflower seed to Portugal, comprising 42% of total imports. The second position in the ranking was held by Ukraine ($X), with a 15% share of total imports. It was followed by Argentina, with a 14% share.

From 2012 to 2022, the average annual growth rate of value from Romania totaled +6.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (+27.7% per year) and Argentina (+67.9% per year).

Import Prices by Country

The average sunflower seed import price stood at $X per ton in 2022, rising by 19% against the previous year. Overall, the import price showed a notable expansion. The pace of growth appeared the most rapid in 2021 when the average import price increased by 56% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Argentina ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Moldova (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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