Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Malaysia - 2024
Contents:
- Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Malaysia (CIF) - 2022
- Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Malaysia (FOB) - 2024
- Imports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Malaysia
- Exports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Malaysia
Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Malaysia (CIF) - 2022
In 2022, the average import price for oil seeds; cotton seeds, seed, whether or not broken amounted to $792 per ton, rising by 13% against the previous year. Over the period under review, the import price, however, recorded a abrupt decline. The pace of growth appeared the most rapid in 2014 when the average import price increased by 106%. The import price peaked at $9,985 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat 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 the Philippines ($4,369 per ton), while the price for Russia amounted to $692 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+29.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Malaysia (FOB) - 2024
In January 2024, the average export price for oil seeds; cotton seeds, seed, whether or not broken amounted to $1,273 per ton, increasing by 4% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in May 2023 an increase of 31% against the previous month. The export price peaked at $1,499 per ton in July 2023; however, from August 2023 to January 2024, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Indonesia.
From January 2023 to January 2024, the rate of growth in terms of prices for Indonesia amounted to -0.3% per month.
Imports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Malaysia
In 2022, after three years of growth, there was significant decline in supplies from abroad of oil seeds; cotton seeds, seed, whether or not broken, when their volume decreased by -26.8% to 1.3K tons. Over the period under review, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 375%.
In value terms, imports of oil seeds; cotton seeds, seed, whether or not broken contracted sharply to $999K in 2022. In general, imports recorded a perceptible setback. The growth pace was the most rapid in 2021 when imports increased by 24% against the previous year. As a result, imports attained the peak of $1.2M, and then reduced notably in the following year.
| Import of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | 390 | 918 | 849 | 47.5% |
| Philippines | 311 | 167 | 81.6 | 150 | -21.6% |
| China | 427 | 118 | 6.7 | N/A | -87.5% |
| Indonesia | 212 | 208 | 141 | N/A | -18.4% |
| Others | 148 | 82.7 | 54.1 | N/A | -39.5% |
| Total | 1,098 | 966 | 1,202 | 999 | -3.1% |
Top Suppliers of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken to Malaysia in 2022:
- Russia (1226.8 tons)
- Philippines (34.2 tons)
Exports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Malaysia
In 2022, exports of oil seeds; cotton seeds, seed, whether or not broken from Malaysia surged to 534 tons, increasing by 256% against the previous year. Overall, exports enjoyed a significant increase. 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, seed, whether or not broken soared to $705K in 2022. Over the period under review, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 258 | 392 | 182 | 662 | 36.9% |
| Others | 8.8 | 34.3 | 92.7 | 43.1 | 69.8% |
| Total | 267 | 426 | 275 | 705 | 38.2% |
Top Export Markets for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken from Malaysia in 2022:
- Indonesia (529.4 tons)
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