Report Update Nov 1, 2024

Puerto Rico - Sunflower-Seed and Safflower Oil - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Market for Sunflower-Seed And Safflower Oil 2024

Exports of Sunflower-Seed And Safflower Oil

Exports by Country

Ukraine was the largest exporting country with an export of around X tons, which finished at 41% of total exports. It was distantly followed by Russia (X tons), the Netherlands (X tons) and Turkey (X tons), together making up a 29% share of total exports. The following exporters - Bulgaria (X tons), Hungary (X tons), France (X tons), Spain (X tons), Argentina (X tons), Germany (X tons) and Romania (X tons) - together made up 18% of total exports.

From 2012 to 2021, average annual rates of growth with regard to sunflower-seed and safflower oil exports from Ukraine stood at +4.2%. At the same time, Bulgaria (+17.4%), Turkey (+9.7%), Spain (+8.1%), Russia (+5.7%), the Netherlands (+5.3%), Romania (+3.4%), Hungary (+3.4%) and Germany (+3.3%) displayed positive paces of growth. Moreover, Bulgaria emerged as the fastest-growing exporter exported in the world, with a CAGR of +17.4% from 2012-2021. By contrast, France (-2.0%) and Argentina (-13.5%) illustrated a downward trend over the same period. Russia (+3 p.p.), Bulgaria (+3 p.p.), Turkey (+2 p.p.) and Ukraine (+1.8 p.p.) significantly strengthened its position in terms of the global exports, while France and Argentina saw its share reduced by -1.9% and -6.9% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ukraine ($X) remains the largest sunflower-seed and safflower oil supplier from Puerto Rico, comprising 38% of global exports. The second position in the ranking was held by Russia ($X), with a 19% share of global exports. It was followed by Turkey, with a 5.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Ukraine totaled +5.4%. In the other countries, the average annual rates were as follows: Russia (+7.2% per year) and Turkey (+9.2% per year).

Imports of Sunflower-Seed And Safflower Oil

Imports by Country

The countries with the highest levels of sunflower-seed and safflower oil imports in 2021 were India (X tons), China (X tons), Turkey (X tons), the Netherlands (X tons), Spain (X tons), Italy (X tons), Germany (X tons), Belgium (X tons), Iraq (X tons), the UK (X tons), France (X tons) and Poland (X tons), together reaching 66% of total import. Uzbekistan (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by China (with a CAGR of +31.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest sunflower-seed and safflower oil importing markets into Puerto Rico were India ($X), China ($X) and Turkey ($X), with a combined 31% share of total imports. The Netherlands, Spain, Italy, Germany, Belgium, Iraq, the UK, France, Poland and Uzbekistan lagged somewhat behind, together accounting for a further 35%.

Uzbekistan, with a CAGR of +32.1%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sunflower-seed and safflower oil in the world?

The countries with the highest volumes of in 2021 were Russia, India and Ukraine, with a combined 33% share of global consumption.

What are the largest producers of sunflower-seed and safflower oil in the world?

The countries with the highest volumes of in 2021 were Ukraine, Russia and Argentina, together accounting for 65% of global production. Turkey, Hungary, Bulgaria, Romania, France, Spain and Kazakhstan lagged somewhat behind, together accounting for a further 20%.

What are the leading suppliers of sunflower-seed and safflower oil to Puerto Rico?

In value terms, the largest sunflower-seed and safflower oil importing markets into Puerto Rico were India, China and Turkey, with a combined 33% share of total imports.

What are the leading importers of sunflower-seed and safflower oil from Puerto Rico?

In value terms, Ukraine remains the largest sunflower-seed and safflower oil supplier from Puerto Rico, comprising 39% of global exports. The second position in the ranking was occupied by Russia, with a 19% share of global exports. It was followed by Turkey, with a 5.6% share.

What is the average export price for sunflower-seed and safflower oil in Puerto Rico?

In 2021, the export price in Puerto Rico amounted to less than $0.1 per ton, leveling off at the previous year.

What is the average import price for sunflower-seed and safflower oil in Puerto Rico?

In 2021, the import price in Puerto Rico amounted to less than $0.1 per ton, remaining stable against the previous year.

This report provides an in-depth analysis of the market for sunflower-seed and safflower oil in Puerto Rico. 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 268 - Oil of Sunflower Seed
FCL 281 - Oil of Safflower Seed

Country coverage:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
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. TOP EXPORTING COUNTRIES
4. 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 VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023