market-update No. 89-2021 Bulgarian sunflower seed kernels
2021-11-03 | Sunflower seed prices continue to rise significantly and do not indicate a recovery in 2022
The prices for sunflower seeds continue to rise very significantly. According to a recent analysis by the National Sunflower Association (NSA), this firm price trend will continue. The prices of vegetables (sunflower oils) had an 80% direct impact on sunflower seed kernel prices. The global volume of vegetable oils is at a 48-year low, and the NSA does not expect any easing in 2022. Sunflower oil has been one of the top 10 foods for years. In the meantime, sunflower seed kernels breached out and became one of them and have developed from a niche product to a staple food.
The prices for sunflower seeds continue to rise very significantly. According to a recent analysis by the National Sunflower Association (NSA), this firm price trend will continue. The prices of vegetables (sunflower oils) had an 80% direct impact on sunflower seed kernel prices. The global volume of vegetable oils is at a 48-year low, and the NSA does not expect any easing in 2022. Sunflower oil has been one of the top 10 foods for years. In the meantime, sunflower seed kernels breached out and became one of them and have developed from a niche product to a staple food.