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Crude Sunflower Oil Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data
Report Format: PDF+Excel | Report ID: SR112024A24248
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Crude Sunflower Oil Prices December 2023
|
Product
|
Category | Region | Price |
|---|---|---|---|
| Crude Sunflower Oil | Chemical | USA | 798 USD/MT |
| Crude Sunflower Oil | Chemical | China | 938 USD/MT |
| Crude Sunflower Oil | Chemical | Germany | 1167 USD/MT |
The price of crude sunflower oil in the USA reached 798 USD/MT in Q4 2023.
In December 2023, the price of crude sunflower oil in China hit 938 USD/MT.
In Germany, crude sunflower oil prices were 1167 USD/MT in Q4 2023.
Crude Sunflower Oil Price Trend, Market Analysis, and News
IMARC’s newly published report, titled “Crude Sunflower Oil Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of crude sunflower oil pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.
It encompasses an in-depth review of spot price of crude sunflower oil at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of crude sunflower oil price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
The report examines the elements influencing crude sunflower oil price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.
Crude Sunflower Oil Market Analysis
The global crude sunflower oil market size reached 21.85 Million Tons in 2023. By 2032, IMARC Group expects the market to reach 33.03 Million Tons, at a projected CAGR of 4.70% during 2023-2032.
- Crude sunflower oil is an essential ingredient for making high-quality sunflower oil, which is commonly used in cooking because of its mild flavor and ability to withstand high heat. Sunflower oil contains high amounts of unsaturated fats, especially linoleic acid (omega-6) and oleic acid (omega-9), which have been linked to health benefits, such as lowering unhealthy cholesterol levels and supporting heart health. In addition, the high content of vitamin E and strong antioxidant properties of sunflower oil are appealing to health-conscious consumers. As individuals are becoming more informed about the advantages of a nutritious diet in preserving general health, there is a preference for sunflower oil over other cooking oils. This trend is particularly noticeable in regions with rising middle-class populations who are willing to spend more on healthier food options. It is predicted that the middle-class population in India will increase from 432 million people in 2020–21 to 715 million (or 47% of the population) in 2030–31 and then reach 1.02 billion out of India's estimated population of 1.66 billion in 2047, as per the data provided by the India Brand Equity Foundation (IBEF).
- The growing awareness about sustainability is influencing both consumers and businesses, leading to a rise in the popularity of eco-friendly products such as crude sunflower oil. Sunflower crops are known for having a minimal environmental footprint and needing less water and pesticides than other oilseed crops. This makes sunflower oil a more sustainable choice for both producers and consumers. The increasing awareness about the environment is driving the demand for crude sunflower as a sustainable product among consumers and businesses.
- Advanced methods, including cold pressing and modern solvent extraction, are enhancing the effectiveness and output of oil extraction. These techniques guarantee a greater oil yield from sunflower seeds, minimizing wastage and improving the efficiency of oil mills. The adoption of such technologies not only increases the profitability of oil producers but also meets the rising quality standards demanded by individuals.
- In 2023, the pharmaceutical market size in India was US$ 54.6 Billion, according to the IMARC Group. In the pharmaceutical sector, crude sunflower oil is used for its anti-inflammatory and medicinal qualities. It serves as a base oil in developing different topical medications, ointments, and creams.
- Crude sunflower oil is becoming popular in the beauty and personal care sector due to its beneficial qualities for skin and hair. It is incorporated into moisturizers, lotions, cleansers, and hair care items. The non-comedogenic nature of the oil makes it suitable for sensitive skin, aiding to hydrate and repair without clogging pores.
- Sunflower oil is a renewable resource that offers a sustainable option for lowering greenhouse gas emissions compared to fossil fuels. The increasing focus on environmental sustainability and the need for cleaner energy sources are driving the adoption of sunflower oil in biofuel production.
Crude Sunflower Oil News
The report covers the latest developments, updates, and trends impacting the global crude sunflower oil market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in crude sunflower oil production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the crude sunflower oil price trend.
Latest developments in the crude sunflower oil industry:
- January 2024: India has stated that it will continue to keep the reduced import taxes on various edible oils, such as crude sunflower oil, crude palm oil, and crude soy oil, until March 2025. This extension is working towards stabilizing prices in the local market.
Product Description
Crude sunflower oil is derived from sunflower seeds by cleaning and dehulling them, then extracting the oil using mechanical pressing or solvent extraction. It contains higher levels of natural compounds like waxes, phospholipids, and specific free fatty acids in comparison to the refined version. It contains high levels of unsaturated fats, including linoleic acid and oleic acid, which can lower low-density lipoprotein (LDL) cholesterol levels. It includes vitamins E and K, which are vital for skin health, blood clotting, and bone metabolism. It offers an ample amount of energy for daily metabolic functions and maintaining an active lifestyle.
It is an essential ingredient for making high-quality sunflower oil, which is commonly used in cooking because of its mild flavor and ability to withstand high heat. Crude sunflower oil is also used in the cosmetic and pharmaceutical sectors due to its hydrating and anti-inflammatory characteristics.
Regional Coverage
The report provides a detailed analysis of the crude sunflower oil market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the crude sunflower oil price trend.
Global Crude Sunflower Oil Price
The report offers a holistic view of the global crude sunflower oil pricing trends in the form of crude sunflower oil price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price of crude sunflower oil but also provides insights into historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.
The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed crude sunflower oil demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.
Europe Crude Sunflower Oil Price
European crude sunflower oil prices are examined, highlighting the market-specific influences in the region, such as stringent environmental regulations, the competitive landscape, and import-export imbalances that significantly affect pricing structures.
This analysis can be extended to include detailed crude sunflower oil price information for a comprehensive list of countries.
| Region | Countries Covered |
|---|---|
| Europe | Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece, among other European countries. |
North America Crude Sunflower Oil Price
The analysis of crude sunflower oil prices in North America delves into the regional industry dynamics, encompassing the impact of local production capacities and the trade flows between North America and other significant global markets.
Specific crude sunflower oil historical data within the United States and Canada can also be provided.
| Region | Countries Covered |
|---|---|
| North America | United States and Canada |
Middle East and Africa Crude Sunflower Oil Price
The report explores the crude sunflower oil pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.
In addition to region-wise data, information on crude sunflower oil prices for countries can also be provided.
| Region | Countries Covered |
|---|---|
| Middle East & Africa | Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco, among other Middle Eastern and African countries. |
Asia Pacific Crude Sunflower Oil Price
The crude sunflower oil pricing trends in Asia Pacific are examined, reflecting the role of the region as a major global production hub and consumer market, with price dynamics heavily influenced by supply chain efficiencies, regional demand surges, and policy shifts in major economies.
This crude sunflower oil price analysis can be expanded to include a comprehensive list of countries within the region.
| Region | Countries Covered |
|---|---|
| Asia Pacific | China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries. |
Latin America Crude Sunflower Oil Price
The analysis of crude sunflower oil prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.
This comprehensive review can be extended to include specific countries within the region.
| Region | Countries Covered |
|---|---|
| Latin America | Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru, among other Latin American countries. |
Report Coverage
| Key Attributes | Details |
|---|---|
| Product Name | Crude Sunflower Oil |
| Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Crude Sunflower Oil Price Analysis, and Segment-Wise Assessment. |
| Currency/Units | US$ (Data can also be provided in local currency) or Metric Tons |
| Region/Countries Covered | The current coverage includes analysis at the global and regional levels only. Based on your requirements, we can also customize the report and provide specific information for the following countries: Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand* Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece* North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru* Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco* *The list of countries presented is not exhaustive. Information on additional countries can be provided if required by the client. |
| Information Covered for Key Suppliers |
|
| Customization Scope | The report can be customized as per the requirements of the customer |
| Report Price and Purchase Option |
Plan A: Monthly Updates - Annual Subscription
Plan B: Quarterly Updates - Annual Subscription
Plan C: Biannually Updates - Annual Subscription
|
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
| Delivery Format | PDF and Excel through email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Benefits for Stakeholders:
- IMARC’s report presents a detailed analysis of crude sunflower oil pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
- The study examines factors affecting crude sunflower oil price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
- The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
- IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The crude sunflower oil price charts ensure our clients remain at the forefront of the industry.
Need more help?
- Speak to our experienced analysts for insights on the current market scenarios.
- Include additional segments and countries to customize the report as per your requirement.
- Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
- For further assistance, please connect with our analysts.
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