Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in India - 2023

Contents:

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

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

The average export price for oil seeds; cotton seeds, seed, whether or not broken stood at $16,288 per ton in 2022, increasing by 13% against the previous year. Overall, the export price posted a significant expansion. The most prominent rate of growth was recorded in 2016 an increase of 1,210%. The export price peaked at $17,904 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Myanmar ($16,799 per ton), while the average price for exports to Qatar ($1,349 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 Vietnam (+215.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for oil seeds; cotton seeds, seed, whether or not broken amounted to $273 per ton, with a decrease of -9.4% against the previous year. In general, the import price, however, showed a noticeable increase. The most prominent rate of growth was recorded in 2020 an increase of 41%. The import price peaked at $733 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Australia.

From 2013 to 2022, the rate of growth in terms of prices for Myanmar amounted to -8.8% per year.

Exports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in India

In 2022, overseas shipments of oil seeds; cotton seeds, seed, whether or not broken decreased by -72.2% to 26 tons, falling for the second consecutive year after two years of growth. Overall, exports faced a dramatic decrease. The pace of growth appeared the most rapid in 2020 when exports increased by 83%. As a result, the exports reached the peak of 404 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of oil seeds; cotton seeds, seed, whether or not broken contracted sharply to $418K in 2022. Over the period under review, exports faced a precipitous descent. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year.

Export of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Myanmar20913425937021.0%
Nepal2.91.92.345.1149.6%
Sudan1,2481997241.4-89.6%
United Kingdom12.212.215.90.5-65.5%
Qatar11.13.87.20.2-73.8%
Zimbabwe33822715.70.2-91.6%
Others89.24703041.0-77.6%
Total1,9111,0471,328418-39.7%

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

  1. Myanmar (22.0 tons)
  2. Nepal (2.8 tons)
  3. Zimbabwe (0.2 tons)
  4. Qatar (0.1 tons)
  5. Sudan (0.1 tons)
  6. United Kingdom (0.1 tons)

Imports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in India

In 2022, after three years of growth, there was decline in overseas purchases of oil seeds; cotton seeds, seed, whether or not broken, when their volume decreased by -4.1% to 2.4K tons. The total import volume increased at an average annual rate of +4.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 9.7%.

In value terms, imports of oil seeds; cotton seeds, seed, whether or not broken contracted to $655K in 2022. Overall, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2020 when imports increased by 55% against the previous year.

Import of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AustraliaN/AN/AN/A6550%
Benin352N/AN/AN/A0%
MozambiqueN/AN/A603N/A0%
TogoN/A556N/AN/A0%
Others7.2N/A150N/A356.4%
Total35955675365522.2%

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

  1. Australia (2.4K tons)

Source: IndexBox Market Intelligence Platform

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