Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in South Africa - 2024
Contents:
- Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in South Africa (CIF) - 2022
- Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in South Africa (FOB) - 2022
- Imports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in South Africa
- Exports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in South Africa
Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in South Africa (CIF) - 2022
The average import price for oil seeds; cotton seeds, other than seed, whether or not broken stood at $229 per ton in 2022, increasing by 4.8% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 39% against the previous year. The import price peaked at $322 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Zambia ($275 per ton), while the price for Malawi ($153 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Zambia (+2.3%), while the prices for the other major suppliers experienced a decline.
Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in South Africa (FOB) - 2022
The average export price for oil seeds; cotton seeds, other than seed, whether or not broken stood at $1,441 per ton in 2022, falling by -77.3% against the previous year. Over the period under review, the export price recorded a deep setback. The growth pace was the most rapid in 2013 an increase of 1,114%. As a result, the export price attained the peak level of $38,361 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mozambique ($9,857 per ton), while the average price for exports to the United States ($270 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 Zimbabwe (+18.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in South Africa
In 2022, approx. 4.2K tons of oil seeds; cotton seeds, other than seed, whether or not broken were imported into South Africa; picking up by 547% compared with the previous year's figure. Overall, imports saw buoyant growth.
In value terms, imports of oil seeds; cotton seeds, other than seed, whether or not broken surged to $966K in 2022. In general, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mozambique | 415 | 48.5 | 7.3 | 584 | 12.1% |
| Zambia | 53.0 | 649 | 133 | 382 | 93.2% |
| Others | 10.2 | 15.6 | 2.6 | 0.6 | -61.1% |
| Total | 478 | 713 | 143 | 966 | 26.4% |
Top Suppliers of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken to South Africa in 2022:
- Mozambique (2.8K tons)
- Zambia (1.4K tons)
Exports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in South Africa
Exports of oil seeds; cotton seeds, other than seed, whether or not broken from South Africa declined dramatically to 2.1 tons in 2022, which is down by -92.9% against 2021 figures. Overall, exports faced a sharp descent. The growth pace was the most rapid in 2021 when exports increased by 1,081% against the previous year. As a result, the exports reached the peak of 30 tons, and then declined significantly in the following year.
In value terms, exports of oil seeds; cotton seeds, other than seed, whether or not broken fell notably to $3.1K in 2022. In general, exports faced a sharp curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 7,702%. As a result, the exports reached the peak of $190K, and then contracted dramatically in the following year.
| Export of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lesotho | 0.9 | 0.2 | 0.5 | 1.1 | 6.9% |
| Hong Kong SAR | N/A | N/A | N/A | 0.9 | 0% |
| Mozambique | 0.6 | 0.1 | N/A | 0.5 | -5.9% |
| Zimbabwe | N/A | N/A | 0.1 | 0.4 | 300.0% |
| Namibia | 10.7 | 0.6 | 0.1 | 0.1 | -78.9% |
| Botswana | 0.6 | 1.1 | 0.3 | N/A | -29.3% |
| Democratic Republic of the Congo | 1.1 | N/A | N/A | N/A | 0% |
| United States | N/A | N/A | N/A | N/A | 0% |
| France | 0.1 | N/A | 0.8 | N/A | 182.8% |
| Netherlands | 0.5 | N/A | 187 | N/A | 1833.9% |
| Others | 0.1 | 0.4 | 0.6 | N/A | 144.9% |
| Total | 14.5 | 2.4 | 190 | 3.1 | -40.2% |
Top Export Markets for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken from South Africa in 2022:
- Lesotho (1463.0 kg)
- Hong Kong SAR (376.0 kg)
- Zimbabwe (127.0 kg)
- United States (63.0 kg)
- Mozambique (49.0 kg)
- Namibia (46.0 kg)
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