Brazil: Market for Rape Or Colza Seed 2024

Market Size for Rape Or Colza Seed in Brazil

The Brazilian rape and colza seed market expanded notably to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption, however, saw a deep setback. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Rape Or Colza Seed in Brazil

In value terms, rape and colza seed production skyrocketed to $X in 2022 estimated in export price. In general, production continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of rape or colza seed in Brazil reached X tons per ha, approximately equating 2021. Over the period under review, the yield saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the yield increased by X% against the previous year. The rape and colza seed yield peaked at X tons per ha in 2015; however, from 2016 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 Brazil; flattening at the year before. In general, the harvested area showed a slight contraction. The growth pace was the most rapid in 2020 with an increase of 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 2016; however, from 2017 to 2022, the harvested area failed to regain momentum.

Exports of Rape Or Colza Seed

Exports from Brazil

In 2022, exports of rape or colza seed from Brazil shrank markedly to X tons, dropping by X% compared with the previous year's figure. In general, exports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons, and then reduced rapidly in the following year.

In value terms, rape and colza seed exports dropped significantly to $X in 2022. Overall, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then reduced sharply in the following year.

Exports by Country

Paraguay (X tons) was the main destination for rape and colza seed exports from Brazil, accounting for a X% share of total exports. It was followed by Angola (X kg), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Paraguay stood at X%.

In value terms, Paraguay ($X) remains the key foreign market for rape or colza seed exports from Brazil, comprising X% of total exports. The second position in the ranking was held by Angola ($X), with less than X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Paraguay amounted to X%.

Export Prices by Country

In 2022, the average rape and colza seed export price amounted to $X per ton, growing by X% against the previous year. Overall, the export price continues to indicate a tangible increase. As a result, the export price attained 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 Paraguay ($X per ton), while the average price for exports to Angola amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Rape Or Colza Seed

Imports into Brazil

In 2022, rape and colza seed imports into Brazil surged to X tons, growing by X% on the previous year's figure. Overall, imports, however, continue to indicate a sharp slump. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, rape and colza seed imports surged to $X in 2022. Over the period under review, imports, however, showed a deep slump. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Paraguay (X tons) constituted the largest supplier of rape and colza seed to Brazil, with a X% share of total imports. Moreover, rape and colza seed imports from Paraguay exceeded the figures recorded by the second-largest supplier, Argentina (X tons), fivefold.

From 2012 to 2022, the average annual growth rate of volume from Paraguay stood at X%.

In value terms, Argentina ($X) and Paraguay ($X) appeared to be the largest rape and colza seed suppliers to Brazil.

In terms of the main suppliers, Argentina, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

In 2022, the average rape and colza seed import price amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the import price, however, continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2021, and then fell modestly in the following year.

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 Argentina ($X per ton), while the price for Paraguay totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Paraguay (X%).

Source: IndexBox Platform

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