Greece - Sunflower-Seed And Safflower Oil - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Sunflower-Seed and Safflower Oil in Greece - 2023
Contents:
- Price for Sunflower-Seed and Safflower Oil in Greece (CIF) - 2023
- Price for Sunflower-Seed and Safflower Oil in Greece (FOB) - 2023
- Imports of Sunflower-Seed and Safflower Oil in Greece
- Exports of Sunflower-Seed and Safflower Oil in Greece
Price for Sunflower-Seed and Safflower Oil in Greece (CIF) - 2023
The average sunflower-seed and safflower oil import price stood at $1,178 per ton in July 2023, surging by 4.6% against the previous month. In general, the import price, however, recorded a pronounced contraction. The import price peaked at $1,971 per ton in July 2022; however, from August 2022 to July 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Romania ($3,312 per ton), while the price for Cyprus ($1,034 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Romania (+9.7%), while the prices for the other major suppliers experienced a decline.
Price for Sunflower-Seed and Safflower Oil in Greece (FOB) - 2023
The average sunflower-seed and safflower oil export price stood at $1,621 per ton in July 2023, with a decrease of -25.5% against the previous month. Over the period under review, the export price saw a noticeable decline. The pace of growth appeared the most rapid in June 2023 when the average export price increased by 17% month-to-month. Over the period under review, the average export prices reached the maximum at $2,312 per ton in July 2022; however, from August 2022 to July 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was Poland ($3,212 per ton), while the average price for exports to the Czech Republic ($1,221 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Sunflower-Seed and Safflower Oil in Greece
In 2022, overseas purchases of sunflower-seed and safflower oil increased by 8.5% to 67K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a noticeable reduction.
In value terms, sunflower-seed and safflower oil imports soared to $121M in 2022. In general, imports posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 44%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the immediate term.
Import of Sunflower-Seed and Safflower Oil in Greece (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bulgaria | 36.8 | 39.1 | 64.5 | 96.5 | 37.9% |
Romania | 6.9 | 5.4 | 9.5 | 5.4 | -7.8% |
Ukraine | 8.3 | 12.2 | 8.6 | 5.1 | -15.0% |
Italy | 3.6 | 4.3 | 1.1 | 3.5 | -0.9% |
North Macedonia | N/A | N/A | 0.7 | 2.8 | 300.0% |
Serbia | 0.6 | 1.1 | 2.1 | 2.1 | 51.8% |
Estonia | N/A | N/A | N/A | 1.8 | 0% |
Others | 5.0 | 1.2 | 4.9 | 4.0 | -7.2% |
Total | 61.1 | 63.3 | 91.4 | 121 | 25.6% |
Top Suppliers of Sunflower-Seed and Safflower Oil to Greece in 2022:
- Bulgaria (51.6K tons)
- Romania (3.6K tons)
- Ukraine (3.5K tons)
- Italy (2.0K tons)
- North Macedonia (1.6K tons)
- Serbia (1.4K tons)
- Estonia (1.3K tons)
Exports of Sunflower-Seed and Safflower Oil in Greece
Sunflower-seed and safflower oil exports from Greece declined remarkably to 17K tons in 2022, shrinking by -41.1% against the previous year. In general, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 545%. As a result, the exports reached the peak of 28K tons, and then reduced markedly in the following year.
In value terms, sunflower-seed and safflower oil exports declined rapidly to $36M in 2022. Overall, exports, however, showed significant growth. The growth pace was the most rapid in 2021 with an increase of 678% against the previous year. As a result, the exports attained the peak of $43M, and then contracted significantly in the following year.
Export of Sunflower-Seed and Safflower Oil in Greece (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 0.7 | 1.0 | 16.5 | 9.5 | 138.5% |
Israel | N/A | 0.3 | 3.2 | 4.4 | 283.0% |
Spain | N/A | N/A | 16.5 | 4.4 | -73.3% |
Germany | 0.7 | 0.1 | N/A | 3.9 | 77.3% |
Cyprus | 1.2 | 0.6 | 2.2 | 3.7 | 45.5% |
Sweden | 1.8 | 2.1 | 0.4 | 1.7 | -1.9% |
Poland | N/A | 0.3 | 1.1 | 1.5 | 123.6% |
Austria | N/A | N/A | N/A | 1.4 | 0% |
Czech Republic | 0.2 | 0.1 | 0.4 | 1.3 | 86.6% |
Bulgaria | 0.3 | 0.2 | 1.5 | 1.3 | 63.0% |
Slovakia | N/A | N/A | 0.4 | 1.0 | 150.0% |
Malta | N/A | N/A | 0.1 | 0.9 | 800.0% |
Romania | N/A | 0.2 | 0.3 | 0.7 | 87.1% |
Others | 0.6 | 0.5 | 0.6 | 0.9 | 14.5% |
Total | 5.6 | 5.5 | 43.1 | 36.5 | 86.8% |
Top Export Markets for Sunflower-Seed and Safflower Oil from Greece in 2022:
- Italy (4.7K tons)
- Israel (2.2K tons)
- Spain (1.8K tons)
- Cyprus (1.6K tons)
- Germany (1.2K tons)
- Poland (0.9K tons)
- Sweden (0.8K tons)
- Bulgaria (0.7K tons)
- Malta (0.6K tons)
- Czech Republic (0.5K tons)
- Slovakia (0.5K tons)
- Romania (0.4K tons)
- Austria (0.4K tons)
This report provides an in-depth analysis of the market for sunflower-seed and safflower oil in Greece. 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:
- Greece
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Greece
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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