Argentina: Market for Rape Or Colza Seed 2024

Market Size for Rape Or Colza Seed in Argentina

The Argentinian rape and colza seed market declined significantly to $X in 2022, which is down by X% against the previous year. In general, consumption saw a deep slump. Rape and colza seed consumption peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Production of Rape Or Colza Seed in Argentina

In value terms, rape and colza seed production fell to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a noticeable reduction. The pace of growth was the most pronounced in 2013 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

In 2022, the average yield of rape or colza seed in Argentina skyrocketed to X tons per ha, with an increase of X% against 2021 figures. In general, the yield, however, recorded a noticeable contraction. The rape and colza seed yield peaked at X tons per ha in 2013; however, from 2014 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of rape or colza seed were harvested in Argentina; which is down by X% compared with 2021. Over the period under review, the harvested area continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to rape and colza seed production attained the maximum at X ha in 2015; however, from 2016 to 2022, the harvested area remained at a lower figure.

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Exports of Rape Or Colza Seed

Exports from Argentina

In 2022, exports of rape or colza seed from Argentina soared to X tons, picking up by X% on 2021 figures. Over the period under review, exports, however, showed a abrupt downturn. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, rape and colza seed exports soared to $X in 2022. Overall, exports, however, recorded a deep slump. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for rape and colza seed exports from Argentina, with a X% share of total exports. It was followed by Belgium (X tons), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and Chile (X% per year).

In value terms, the United States ($X) remains the key foreign market for rape or colza seed exports from Argentina, comprising X% of total exports. The second position in the ranking was taken by Chile ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (X% per year) and Belgium (X% per year).

Export Prices by Country

In 2022, the average rape and colza seed export price amounted to $X per ton, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Belgium ($X 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 Israel (X%), while the prices for the other major destinations experienced a decline.

Imports of Rape Or Colza Seed

Imports into Argentina

Rape and colza seed imports into Argentina skyrocketed to X tons in 2022, jumping by X% against 2021 figures. In general, imports enjoyed strong growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, rape and colza seed imports expanded markedly to $X in 2022. Over the period under review, imports saw a buoyant expansion. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) was the main rape and colza seed supplier to Argentina, with a X% share of total imports. Moreover, rape and colza seed imports from Germany exceeded the figures recorded by the second-largest supplier, New Zealand (X tons), more than tenfold. Australia (X kg) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: New Zealand (X% per year) and Australia (X% per year).

In value terms, Germany ($X) constituted the largest supplier of rape or colza seed to Argentina, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports. It was followed by Australia, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: New Zealand (X% per year) and Australia (X% per year).

Import Prices by Country

In 2022, the average rape and colza seed import price amounted to $X per ton, waning by X% against the previous year. Overall, the import price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices remained at a 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 France ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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