Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in India - 2023
Contents:
- Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in India (FOB) - 2022
- Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in India (CIF) - 2022
- Exports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in India
- Imports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in India
Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in India (FOB) - 2022
The average export price for oil seeds; cotton seeds, other than seed, whether or not broken stood at $4,616 per ton in 2022, surging by 70% against the previous year. Over the period under review, the export price posted a significant expansion. The pace of growth was the most pronounced in 2018 when the average export price increased by 198%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Myanmar ($19,931 per ton), while the average price for exports to South Korea ($329 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+42.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in India (CIF) - 2022
The average import price for oil seeds; cotton seeds, other than seed, whether or not broken stood at $188 per ton in 2022, declining by -3.6% against the previous year. Overall, the import price, however, enjoyed a slight increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 51% against the previous year. The import price peaked at $271 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Benin.
From 2012 to 2022, the rate of growth in terms of prices for Benin amounted to +13.1% per year.
Exports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in India
In 2022, shipments abroad of oil seeds; cotton seeds, other than seed, whether or not broken decreased by -50.9% to 198 tons, falling for the second consecutive year after two years of growth. In general, exports saw a pronounced curtailment. The pace of growth was the most pronounced in 2020 with an increase of 128% against the previous year. As a result, the exports reached the peak of 506 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of oil seeds; cotton seeds, other than seed, whether or not broken fell remarkably to $913K in 2022. Overall, exports showed a slight contraction. The pace of growth was the most pronounced in 2020 when exports increased by 143%. As a result, the exports attained the peak of $2.3M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zimbabwe | 378 | 477 | 37.4 | 515 | 10.9% |
| Myanmar | 3.6 | 6.0 | N/A | 140 | 238.8% |
| Kenya | 5.5 | 377 | 147 | 127 | 184.8% |
| Malawi | 444 | 476 | 144 | 58.5 | -49.1% |
| Nepal | 82.2 | 189 | 184 | 24.7 | -33.0% |
| Kuwait | 14.2 | 14.2 | 14.1 | 16.5 | 5.1% |
| South Korea | N/A | N/A | N/A | 7.8 | 0% |
| Nigeria | 0.3 | 320 | 550 | 0.1 | -30.7% |
| Others | 13.7 | 431 | 15.8 | 24.7 | 21.7% |
| Total | 942 | 2,291 | 1,092 | 913 | -1.0% |
Top Export Markets for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken from India in 2022:
- Zimbabwe (71.6 tons)
- Nepal (29.7 tons)
- Kuwait (27.6 tons)
- South Korea (23.6 tons)
- Kenya (19.7 tons)
- Malawi (9.8 tons)
- Myanmar (7.0 tons)
Imports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in India
For the third consecutive year, India recorded decline in overseas purchases of oil seeds; cotton seeds, other than seed, whether or not broken, which decreased by -97.1% to 105 tons in 2022. Over the period under review, imports saw a significant decrease. The smallest decline of -47.7% was in 2020.
In value terms, imports of oil seeds; cotton seeds, other than seed, whether or not broken declined dramatically to $20K in 2022. In general, imports continue to indicate a dramatic setback. The smallest decline of -58.5% was in 2021.
| Import of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mozambique | N/A | N/A | 0.4 | N/A | 0% |
| Benin | 5.5 | 1.5 | 0.3 | N/A | -76.6% |
| Others | 0.3 | 0.2 | N/A | N/A | -33.3% |
| Total | 5.8 | 1.7 | 0.7 | N/A | -65.3% |
Top Suppliers of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken to India in 2022:
- Benin (104.8 tons)
641
This report provides an in-depth analysis of the oil crops market in India.
525
This report provides an in-depth analysis of the karite (shea) nuts market in India.
562
This report provides an in-depth analysis of the cottonseed market in India.
551
This report provides an in-depth analysis of the melon seed market in India.
1081
This report provides an in-depth analysis of the mustard seed market in India.
1183
This report provides an in-depth analysis of the poppy seed market in India.
701
This report provides an in-depth analysis of the safflower seed market in India.
1980
This report provides an in-depth analysis of the sesame seed market in India.
1522
This report provides an in-depth analysis of the global oil crops market.
1767
This report provides an in-depth analysis of the global karite (shea) nuts market.
61
Safflower Seed exports reached a peak of 9.2K tons in 2016. Despite this, export growth stagnated from 2017 to 2023, with exports amounting to $1.8M in value terms by the end of the period.
301
In February 2023, the safflower seed price amounted to $747 per ton (FOB, India), waning by -45.6% against the previous month.
278
Discover the world's largest import markets for oil crops. Find out the import values, key statistics, and trends in countries like China, Germany, Turkey, and more.
1239
The global oil crops market revenue amounted to $394.4B in 2018, picking up by 7.6% against the previous year. This...
1580
Global karite nut consumption amounted to X thousand tons in 2015, growing by +X% against the previous year level.
2198
In 2015, the country with the largest volume of the karite nut output was Nigeria (X thousand tons), accounting for X% of global production. Moreover, karite nut output in Nigeria exceeded the figures recorded by the world's second largest produce
883
Global cottonseed consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.
1330
Global cottonseed exports amounted to X thousand tons in 2015, dropping by -X% against the previous year level.
1545
In 2015, the countries with the highest levels of cottonseed production in 2015 were India (X thousand tons), China (X thousand tons), the United States (X thousand tons), together accounting for X% of total output.
1409
Australia dominates in the global сottonseed trade. In 2014, Australia exported X thousand tons of сottonseed totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X% of its total cotton
