Why the Sunflower Seed Market Prospects Are Optimistic - Lnnuts

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Sunflower seeds refer to the seeds of melons, especially fried melon seeds, watermelon seeds, etc. Also called melon seeds, common name is side fruit. It has many types, including sunflower seeds, sea melon seeds, hanging melon seeds, watermelon seeds, pumpkin seeds, cucumber seeds, loofah seeds, etc. Sunflower seeds are the fruit of sunflowers, which can not only be used as snacks, but also as raw materials for making pastries, and are also important raw materials for oil extraction, which is a high-grade and healthy source of oil.

Sunflower seeds, because they are rich in unsaturated fatty acids, vitamins and trace elements, are a very popular snack and cooking oil source due to their delicious taste. Sunflower seeds as an important oil crop in China, its sunflower cake meal ranks second in China, according to statistics, as of 2022, China's sunflower seed production is 2.664 million tons, a year-on-year increase of 7.8%.

According to statistics, in recent years, China's sunflower seed export value has increased year by year, and in 2020, China's sunflower seed export value reached 648 million US dollars, a year-on-year increase of 4.35%; As of January to April 2021, China's sunflower seed import value was 34 million US dollars, down 8.43% year-on-year, and the export value was 234 million US dollars, down 8.68% year-on-year.

China's sunflower seed imports mainly come from Kazakhstan, Bulgaria, the Russian Federation and Japan, with imports of US$39.409 million, US$21.3192 million, US$15.0426 million and US$3.5378 million respectively in 2022.

From the perspective of the distribution of exports of China's sunflower seed export destinations, in 2020, China's sunflower seed exports to Turkey amounted to 136 million US dollars, ranking first; the second place was Egypt, with an export amount of 107 million US dollars in 2020; followed by Iraq, with an export amount of 77 million US dollars.

From the distribution of sunflower seeds in various provinces and cities in China, the export amount of sunflower seeds in Inner Mongolia Autonomous Region in 2022 will be 419 million US dollars, far ahead of other regions; the second place is Tianjin, with an export amount of 76 million US dollars in 2022; followed by Shandong Province, with an export amount of 71 million US dollars in 2022.With the intensification of market competition and the improvement of industry standards, brand enterprises are expected to increase their market share in the future.

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