Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Australia - 2024
Contents:
- Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Australia (FOB) - 2022
- Exports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Australia
Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Australia (FOB) - 2022
In 2022, the average export price for oil seeds; cotton seeds, seed, whether or not broken amounted to $390 per ton, which is down by -25.4% against the previous year. Overall, the export price, however, continues to indicate a measured expansion. The pace of growth appeared the most rapid in 2014 an increase of 72%. As a result, the export price attained the peak level of $638 per ton. From 2015 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 India ($1,996 per ton), while the average price for exports to China ($118 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 (+261.3%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Australia
In 2022, approx. 6K tons of oil seeds; cotton seeds, seed, whether or not broken were exported from Australia; growing by 6.9% compared with 2021. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 806%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of oil seeds; cotton seeds, seed, whether or not broken declined sharply to $2.4M in 2022. Overall, exports showed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 830% against the previous year. As a result, the exports reached the peak of $3M, and then declined markedly in the following year.
| Export of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 477 | 99.0 | 2,118 | 1,854 | 57.2% |
| India | N/A | N/A | N/A | 399 | 0% |
| China | 113 | 43.3 | 68.6 | 27.7 | -37.4% |
| Others | 412 | 175 | 769 | 74.5 | -43.5% |
| Total | 1,003 | 318 | 2,956 | 2,355 | 32.9% |
Top Export Markets for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken from Australia in 2022:
- Japan (5.6K tons)
- China (0.2K tons)
- India (0.2K tons)
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