Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Indonesia - 2022

Contents:

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

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

The average export price for oil seeds; cotton seeds, other than seed, whether or not broken stood at $327 per ton in 2022, surging by 30% against the previous year. Overall, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for oil seeds; cotton seeds, other than seed, whether or not broken increased by +49.5% against 2018 indices. The most prominent rate of growth was recorded in 2015 when the average export price increased by 53%. As a result, the export price attained the peak level of $420 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($344 per ton), while the average price for exports to China ($142 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 (+6.3%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for oil seeds; cotton seeds, other than seed, whether or not broken stood at $251 per ton in 2022, declining by -45.1% against the previous year. Overall, the import price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2016 when the average import price increased by 11%. Over the period under review, average import prices hit record highs at $1,650 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Greece ($302 per ton), while the price for the United States stood at $192 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-14.0%).

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

Exports of oil seeds; cotton seeds, other than seed, whether or not broken from Indonesia soared to 3.6K tons in 2022, with an increase of 25% against the year before. The total export volume increased at an average annual rate of +7.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of oil seeds; cotton seeds, other than seed, whether or not broken skyrocketed to $1.2M in 2022. Over the period under review, exports continue to indicate strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea32537436451616.7%
Japan15118022550549.5%
China15230.943.262.3-25.7%
Taiwan (Chinese)30.118.121.17.7-36.5%
Others62.866.073.298.816.3%
Total7216687271,18918.1%

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

  1. Japan (1658.8 tons)
  2. South Korea (1500.2 tons)
  3. China (439.3 tons)
  4. Taiwan (Chinese) (32.2 tons)

Imports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Indonesia

In 2022, overseas purchases of oil seeds; cotton seeds, other than seed, whether or not broken decreased by -81.5% to 9.2 tons, falling for the second year in a row after two years of growth. In general, imports showed a dramatic contraction. The most prominent rate of growth was recorded in 2020 with an increase of 80%. As a result, imports reached the peak of 52 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of oil seeds; cotton seeds, other than seed, whether or not broken shrank remarkably to $2.3K in 2022. Overall, imports faced a precipitous shrinkage. The smallest decline of -3.8% was in 2020.

Import of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States6.015.23.81.2-41.5%
Greece3.96.715.80.9-38.7%
Uganda12.7N/AN/AN/A0%
Ukraine1.8N/AN/AN/A0%
Others0.31.83.20.2-12.6%
Total24.723.722.82.3-54.7%

Top Suppliers of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken to Indonesia in 2022:

  1. United States (6.2 tons)
  2. Greece (3.0 tons)

Source: IndexBox Market Intelligence Platform

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