Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Brazil - 2024
Contents:
- Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Brazil (FOB) - 2022
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 4.0 | 3.6 | 1.5 | 0.3 | -57.8% |
South Korea | 8.3 | 2.6 | 3.2 | 0.1 | -77.1% |
United Arab Emirates | 0.1 | 0.2 | 0.1 | N/A | 0.0% |
Saudi Arabia | 0.2 | 0.2 | 0.1 | N/A | -29.3% |
Others | N/A | 0.2 | N/A | N/A | 0% |
Total | 12.5 | 6.7 | 4.9 | 0.6 | -63.7% |
Top Export Markets for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken from Brazil in 2022:
- Japan (917.4 tons)
- South Korea (242.7 tons)
- Saudi Arabia (147.0 tons)
- United Arab Emirates (142.0 tons)
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