Uruguay: Sunflower Seed Market 2025

Sunflower Seed Market Size in Uruguay

The Uruguayan sunflower seed market shrank significantly to $X in 2022, declining by -39.1% against the previous year. Overall, consumption saw a perceptible contraction. As a result, consumption reached the peak level of $X, and then dropped dramatically in the following year.

Sunflower Seed Production in Uruguay

In value terms, sunflower seed production contracted modestly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a sharp contraction. The pace of growth appeared the most rapid in 2021 with an increase of 4.7%. Sunflower seed production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

The average yield of sunflower seed in Uruguay declined to X tons per ha in 2022, with a decrease of -8.3% compared with the previous year. In general, the yield saw a perceptible downturn. The growth pace was the most rapid in 2021 when the yield increased by 100% against the previous year. The sunflower seed yield peaked at X tons per ha in 2012; however, from 2013 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.

The sunflower seed harvested area in Uruguay shrank significantly to X ha in 2022, waning by -40% on 2021 figures. In general, the harvested area, however, continues to indicate a temperate expansion. The growth pace was the most rapid in 2021 when the harvested area increased by 400% against the previous year. As a result, the harvested area attained the peak level of X ha, and then fell dramatically in the following year.

Sunflower Seed Exports

Exports from Uruguay

After three years of growth, overseas shipments of sunflower seed decreased by -98.8% to X tons in 2022. In general, exports recorded a significant contraction. The most prominent rate of growth was recorded in 2016 when exports increased by 119% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then dropped rapidly in the following year.

In value terms, sunflower seed exports reduced markedly to $X in 2022. Over the period under review, exports saw a perceptible curtailment. The most prominent rate of growth was recorded in 2016 with an increase of 112%. The exports peaked at $X in 2021, and then fell significantly in the following year.

Exports by Country

Argentina (X tons) was the main destination for sunflower seed exports from Uruguay, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Argentina was relatively modest.

In value terms, Argentina ($X) emerged as the key foreign market for sunflower seed exports from Uruguay.

From 2012 to 2022, the average annual growth rate of value to Argentina was relatively modest.

Export Prices by Country

The average sunflower seed export price stood at $X per ton in 2022, jumping by 2,307% against the previous year. In general, the export price continues to indicate a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Argentina.

From 2012 to 2022, the rate of growth in terms of prices for Brazil amounted to +18.6% per year.

Sunflower Seed Imports

Imports into Uruguay

Sunflower seed imports into Uruguay contracted dramatically to X tons in 2022, waning by -31.7% on the year before. Overall, imports, however, showed a buoyant expansion. The pace of growth appeared the most rapid in 2013 with an increase of 51% against the previous year. Imports peaked at X tons in 2021, and then declined markedly in the following year.

In value terms, sunflower seed imports amounted to $X in 2022. Over the period under review, imports, however, continue to indicate a buoyant expansion. The growth pace was the most rapid in 2017 with an increase of 132%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Argentina (X tons) constituted the largest supplier of sunflower seed to Uruguay, with a 90% share of total imports. Moreover, sunflower seed imports from Argentina exceeded the figures recorded by the second-largest supplier, Bulgaria (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Argentina totaled +5.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (+10.3% per year) and Brazil (-3.7% per year).

In value terms, Argentina ($X) constituted the largest supplier of sunflower seed to Uruguay, comprising 98% of total imports. The second position in the ranking was held by Bulgaria ($X), with a 1.7% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Argentina totaled +16.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (+4.4% per year) and Brazil (+12.5% per year).

Import Prices by Country

In 2022, the average sunflower seed import price amounted to $X per ton, picking up by 51% against the previous year. In general, the import price showed a strong increase. The pace of growth appeared the most rapid in 2017 when the average import price increased by 63% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+16.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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