Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Thailand - 2023

Contents:

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

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

In 2022, the average export price for oil seeds; cotton seeds, other than seed, whether or not broken amounted to $1,031 per ton, shrinking by -23% against the previous year. Overall, the export price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2020 an increase of 1,181%. Over the period under review, the average export prices reached the maximum at $55,341 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($1,500 per ton), while the average price for exports to the United States totaled $1,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+0.4%), while the prices for the other major destinations experienced a decline.

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

For the third consecutive year, Thailand recorded decline in overseas shipments of oil seeds; cotton seeds, other than seed, whether or not broken, which decreased by -97.4% to 32 kg in 2022. Over the period under review, exports faced a significant contraction. The smallest decline of -67.2% was in 2021.

In value terms, exports of oil seeds; cotton seeds, other than seed, whether or not broken contracted dramatically to $33 in 2022. In general, exports showed a sharp setback. The smallest decline of -9.4% was in 2020.

Export of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SARN/A0.50.5N/A0.0%
Vietnam6.2N/AN/AN/A0%
United StatesN/A1.9N/AN/A0%
SingaporeN/AN/A1.1N/A0%
Myanmar6.7N/AN/AN/A0%
GhanaN/A0.2N/AN/A0%
OthersN/A9.1N/AN/A0%
Total12.911.71.7N/A-63.7%

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

  1. United States (30.0 kg)
  2. Hong Kong SAR (2.0 kg)

Source: IndexBox Market Intelligence Platform

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