Blog - Oleaginous Fruits

In February 2023, the safflower seed price amounted to $747 per ton (FOB, India), waning by -45.6% against the previous month.

In January 2023, the sunflower seed price amounted to $956 per ton (CIF, Italy), reducing by -18.5% against the previous month.

In August 2022, the sunflower seed price amounted to $1,761 per ton (CIF, Australia), with an increase of 9.7% against the previous month.

In August 2022, the castor oil seed price per ton stood at $2,532, rising by 24% against the previous month.

In July 2022, the sunflower seed price per ton amounted to $1,191 per ton, shrinking by -28.1% against the previous month. 

In June 2022, the sunflower seed price per tonstood at $1,657 per ton, growing by 18% against the previous month. 

In Apr 2022, the average import castor oil seed price per ton amounted to $1,875, rising by 3.1% against the previous month.

In Apr 2022, the average import sunflower seed price per ton amounted to $1,660, jumping by 16% against the previous month. 

This year, sunflower seed prices are forecast to remain stable due to record global production, which is to reach the highest level of 57.3M tons. 

In 2020, approx. 83M tons of oil crops were exported from Brazil, an increase of 12% compared with 2019 figures. In value terms, supplies rose from $26.1B to $28.6B. 

This year, the average rape seed price in the U.S. is forecast to pick up 74% y/y to a record $320 per ton owing to reducing supply. Unfavourable weather in North Dakota adversely affected yields, decreasing the total rape seed output.

In 2020, global exports of rape and colza seeds jumped by +23% y-o-y to 24M tons, reaching $10.7B in value terms. Canada holds a leading position in global exports, accounting for nearly half of its total volume. Last year, Canada boosted its rape and colza seed exports by +42% y-o-y., while Belgium, Lithuania, the Netherlands, Latvia, Poland and Romania also saw strong growth regarding the volume of supplies abroad. In 2020, the average rape and colza seed export price remained unchanged compared to those of 2019.