Global Sunflower Seed Market. Analysis And Forecast to 2025
This report contains an in-depth survey of the global sunflower seed market. Within it, you will find 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 outlook reveals the market prospects through 2025.
Countries coverage: Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries (United States, China, Japan, Germany, United Kingdom, France, Brazil, Italy, Russian Federation, India, Canada, Australia, Republic of Korea, Spain, Mexico, Indonesia, Netherlands, Turkey, Saudi Arabia, Switzerland, Sweden, Nigeria, Poland, Belgium, Argentina, Norway, Austria, Thailand, United Arab Emirates, Colombia, Denmark, South Africa, Malaysia, Israel, Singapore, Egypt, Philippines, Finland, Chile, Ireland, Pakistan, Greece, Portugal, Kazakhstan, Algeria, Czech Republic, Qatar, Peru, Romania, Vietnam) + the largest producing countries.
• Sunflower seed market volume and value;
• Per Capita consumption;
• Forecast of the market dynamics in the medium term;
• Global sunflower seed production, split by region and country;
• Global sunflower seed trade (exports and imports);
• Producer, export and import prices for sunflower seed;
• Sunflower seed 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.
Global sunflower seed market revenue amounted to 33,002 million USD in 2015, jumping by +10.2% against the previous year level. Overall, global sunflower seed market continues to undergo a significant growth: the market value increased at an average annual rate of +11.7% from 2007 to 2015. This trend pattern, however, indicated some noticable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2008, when the market revenue increased by +100% from the previous year level. Over the period under review, the global sunflower seed market attained its maximum revenue of 34,680 million USD in 2013. From 2014 to the end of the period under review, the total sunflower seed market revenue failed to regain its former peak level.
Over the analyzed period, an increase in global sunflower seed production was primarily driven by population growth and growth of snack consumption. Furthermore, these key drivers are expected to continue promoting the sunflower seed output in the immediate term. This general positive trend was largely conditioned by a robust expansion of the harvested area and solid gains of the yield figures.
The countries with the highest levels of production in 2015 were Ukraine (11,604 thousand tonnes), Russia (9,253 thousand tonnes), Romania (2,701 thousand tonnes), together accounting for 52% of total output. From 2007 to 2015, the most notable growth rates in almond production among the main producing countries was attained by Romania (+22.1% per year), while the other global leaders experienced more modest paces of growth.
The world sunflower seed harvested area amounted to 26,081 thousand ha in 2015, which was 2.5% more than the previous year figure. The harvested area indicated a noticeable increase over the period under review, representing a compound annual growth rate of +2.4% from 2007 to 2015. This trend pattern was relatively stable throughout the analyzed period. Over the period under review, the total sunflower seed harvested area peaked in 2013, falling back in the following year.
The global average sunflower seed yield amounted to 17 thousand hg/ha in 2015, rising by 7.1% from the previous year figure. The yield figures recorded an upward trend over the period under review, with a compound annual growth rate standing at +4.5% from 2007 to 2015. However, the yield levels displayed some little fluctuations over the recent years. The highest sunflower seed yields were recorded in 2015. Albeit an intensification of modern agricultural technics use, the future yield figures subject to a substantional risk of adverse weather conditions.
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