Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Brazil - 2024

Contents:

  1. Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Brazil (FOB) - 2022
  2. Exports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Brazil

Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Brazil (FOB) - 2022

In 2022, the average export price for oil seeds; cotton seeds, other than seed, whether or not broken amounted to $382 per ton, with an increase of 34% against the previous year. Over the period under review, the export price saw a modest increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($587 per ton), while the average price for exports to the United Arab Emirates ($201 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+5.7%), while the prices for the other major destinations experienced mixed trend patterns.

Exports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Brazil

For the third year in a row, Brazil recorded decline in shipments abroad of oil seeds; cotton seeds, other than seed, whether or not broken, which decreased by -91.6% to 1.4K tons in 2022. Over the period under review, exports saw a dramatic shrinkage. The smallest decline of -42.8% was in 2020.

In value terms, exports of oil seeds; cotton seeds, other than seed, whether or not broken declined dramatically to $553K in 2022. In general, exports showed a significant contraction. The smallest decline of -27% was in 2021.

Export of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan4.03.61.50.3-57.8%
South Korea8.32.63.20.1-77.1%
United Arab Emirates0.10.20.1N/A0.0%
Saudi Arabia0.20.20.1N/A-29.3%
OthersN/A0.2N/AN/A0%
Total12.56.74.90.6-63.7%

Top Export Markets for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken from Brazil in 2022:

  1. Japan (917.4 tons)
  2. South Korea (242.7 tons)
  3. Saudi Arabia (147.0 tons)
  4. United Arab Emirates (142.0 tons)

Source: IndexBox Market Intelligence Platform

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