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Sunflower seed kernels: Booming markets

March 2, 2017 at 10:13 AM , Der AUDITOR
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SOFIA. Luxury prices in Bulgaria and a tremendous shift in Germany. The processors are, however, confronted with considerable pressure.

Shift in Germany

A considerable shift has taken place in Germany over the last ten years. In 2006 China was one of the most important suppliers for Germany. But in 2016 this the situation has changed completely. The most recent import data provided by the German Federal Statistical Office shows how important Eastern Europe has become. The most important suppliers are Hungary and Bulgaria.

Sunflower seed imports to Germany in mt

country

2006

2011

2016

Hungary

4,142

41,898

72,902

Bulgaria

8,272

30,706

52,533

Slovakia

1,093

25,225

20,656

Austria

10,195

15,857

16,730

France

13,208

79,108

7,607

Moldova

40

1,474

5,887

Malta

0

0

4,338

China

37,040

13,267

4,075

source: Federal Statistical Office

 

Booming export market

Shipments from Bulgaria have increased again. As much as 19,000 mt of raw sunflower seeds were shipped. Currently 14,000 mt are being loaded and another 20,175 mt are about to be shipped soon. It is therefore little wonder the market has once again witnessed nominal price increases for raw seeds this week. Black in shell sunflower kernels are currently offered for 363 EUR/mt CPT Varna.

The processors, however, cannot benefit from these increases. Although interest has certainly increased, the buyers only accept cheaper offers. The prices for Eastern European bakery kernels continue on a stable level of 0.73 EUR/kg DDP Germany.

Sunflower seed kernels, Eastern Europe

type

EUR/kg

bakery, DDP Germany

0.730

black, in shell, CPT Varna

0.363

oil seeds, Budapest Stock Exchange

0.357

 

Attached Files

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Sunflower kernels bakery price chart

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