Oilseeds and Products

Oilseeds and Products

Oilseeds compete with major grains for area. As a result, weather impacts soybeans, rapeseed, and
sunflowerseed similarly to grain and other crops grown in the same regions. The same general price
movements expected for grains will also be exhibited by oilseeds.

Lower corn prices allow soybeans to compete for area, pushing soybean prices lower, as well.
Expanding South American soybean area and production will also pressure soybean prices lower.
Soybeans will exhibit a more than 30% decline in prices in 2014/15 from two years earlier.

Rapeseed competes with wheat and barley for area. As a result, rapeseed prices are expected to track
wheat and barley prices in the next year, and will take a little longer than soybeans to find new price
levels. By 2015/16, rapeseed prices are projected to see a 30% decline from 2012/13 prices, and a
40% decline from the peak of 2010/11.

Sunflowerseed prices are mirroring the movements of rapeseed, falling 28% from 2012/13 and 37%
from the high point reached in 2010/11.

With larger oilseed availability, meal and oil production will also increase. Because the oilseeds are the
largest cost categories for protein meal and vegetable oil production, the decline in oilseed prices
reduces crushing costs, allowing lower output prices while maintaining crushers’ margins. Prices of
soybean, rapeseed, and sunflowerseed meals are all expected to fall more than 30% from recent
peaks.

Soybean, rapeseed, and sunflowerseed meal prices also reflect prices of other major livestock feed
components. The fall in grain prices will further pressure meal prices downward

Expanding livestock production will dampen the downward movement of protein meals. Dairy,
poultry, and hog production are the primary drivers of protein meal consumption, and production of
livestock and products is rising globally.

Because soybean, rapeseed, and sunflowerseed oils are co-products with their respective meal
counterparts, some common costs underlie both products. Vegetable oil prices are projected to fall
and remain below historical highs over the next ten years. From their zeniths soy, rapeseed,
sunflowerseed, and palm oil prices are expected to exhibit declines of approximately 40% to 45%.

While price-supporting demand factors, including energy-related factors, will remain in place,
expected continuing increases in palm oil production will limit upward price pressure. Palm oil
prices have adjusted back to a more typical relationship with other vegetable oils as production has
recovered from constrained production in 2012/13.

Vegetable oil prices tend to follow similar paths in the long term. However, there will likely be
periods when prices move somewhat differently, particularly for palm oil, as there is a cyclical
pattern to production.

The increase in oilseed, especially soybean area that quickened in recent years is expected to slow.
Lower prices will provide less incentive to expand plantings, especially if it requires new ground to
be broken.

There are still some regions that have available land for expansion, particularly in South American
countries such as Argentina and Brazil, where new crop is being cleared, most of it for soybeans.

Compared to soybeans, rapeseed has a much more limited geographic area. New lands are not being
devoted to rapeseed planting and traditional producing countries such as Canada and the EU must
also consider established crop rotations.

One region that has been able to expand rapeseed production is the former Soviet Union. Producers
on land that was formerly under central planning now consider regional and global markets. As a
result there has been some switching of land from traditional grains into rapeseed. The potential for
that to continue in the future is limited, however, and rapeseed area will not exhibit large increases.

Crushing is the primary utilization for oilseeds as the co-products, protein meals and vegetable oils
form the primary basis of demand.

While many nations import soybeans and rapeseed to take advantage of value-added industry
opportunities, most of the crushing occurs in major producing countries. Brazil and Argentina
process most of the soybeans they grow as they invest in expanding crush capacity and provide jobs.

Major crushers of rapeseed are Canada, China, EU-27, and India. These are also the largest
producers. While Japan produces virtually no rapeseed, it is the one nation that imports to feed
crushing facilities.

Ukraine, Russia, and the EU are the leading sunflowerseed producers and processors. Argentina,
China, and Turkey also have significant crushing capacity

Soybeans account for the largest share of global oilseed trade. The U.S., Argentina, and Brazil
account for nearly 90% of exports. Approximately 35% of soybean production is traded, and that
proportion is expected to increase primarily as demand grows in China, which currently accounts for
nearly two-thirds of global imports. Imports by other countries have been relatively stable.

A much smaller proportion of rapeseed is traded. Approximately 15% of global rapeseed production
will be sold on the world market in the next ten years. Canada controls an approximately two-thirds
market share.

The EU-28 has emerged as the world’s largest exporter of sunflowerseed. However, trade is not as
important in the sunflowerseed market, with only about 1% being sold on the world market.

In combination with population growth, especially in developing regions, per capita incomes are
pushing demand for meat and dairy products. Increased purchasing power allows better diets. As
demand for these products increases, so too, does utilization of protein meals.

Increasing urbanization in nations such as China is pushing livestock, poultry, and dairy production
into locations closer to population centers. As a result, animal production is intensifying, using
improved practices and feeds. Protein meals are being increasingly used in feed concentrates.

Because poultry are much more efficient converters of protein than other animals, poultry production
is increasing faster than hogs or dairy. Relatively low costs of production and short production
cycles make poultry attractive for increasing meat in diets in developing regions. Versatility in
product lines also has allowed poultry to take share away from other meats in developed countries.

As global economic expansion accelerates in the next few years, dietary improvements, and
therefore, protein meal consumption growth is expected to outpace the recent past.

Rapid increases in livestock and dairy production are outpacing the ability to produce feed in many
parts of the world. In addition, many nations with limited land bases have intensive livestock
operations which require the importation of feed ingredients, including protein meals.

The major exporters of soybean meal, as in the case of soybeans, are Argentina, Brazil, and the U.S.
In recent years, India has emerged as a notable exporter, and Paraguay is increasing sales on the
world market. China is self-sufficient as this country imports soybeans to process to meet domestic
product demand. The EU is by far the largest importer, with other trade distributed widely around
the world.

As with rapeseed, Canada is the dominant exporter of rapeseed meal, with most going to the
neighboring U.S. India has emerged as a minor exporter in recent years, but domestic consumption is
growing faster and will limit export capability. Despite being one of the largest producers of
rapeseed meal, the EU is self-sufficient, feeding all that it produces.

Trade in sunflowerseed meal takes in a somewhat limited region of the globe. Ukraine and Russia
are the dominant producers and exporters of sunflowerseed meal. Most of the trade is with the
European Union and Turkey.

Vegetable oil consumption is being boosted by a combination of population growth, income
expansion, and increased industrial uses, including those for biofuels.

China is leading global soyoil demand growth, accounting for more than half of consumption
increases in the past decade, and is expected to maintain that role in the next ten years.

Palm oil production in tropical Asian nations such as Indonesia and Malaysia is dramatically
increasing global vegetable oil supplies. These two countries together accounted for 85% of palm oil
production in 2013/14. Palm oil is readily accepted and is rapidly taking share in many markets.

Rapeseed oil consumption is increasing only with population growth. Per capita consumption is
stagnating and is not expected to show measurable increases over the next decade as the rapid
growth in production and consumption of palm oil is displacing rapeseed oil in some regions.

Similarly, sunflowerseed oil is not increasing dramatically on a per capita basis. Unlike soybeans
and products and palm oil, both rapeseed and sunflowerseed products are constrained by limited
potential for expanding the land base devoted to those respective oilseeds.

Palm oil has captured the largest share of global vegetable oil trade. Unlike soybean, rapeseed or
sunflowerseed oil, palm oil is not a co-product with other oilseed products. The trees are fast
growing in low-cost areas of the Pacific Rim and Asia and production has exploded. Two-thirds of
global palm oil production is sold on the world market, coming primarily from Indonesia and
Malaysia as this commodity has become an important source of foreign exchange. Together these
two countries account for 90% of palm oil exports. Imports are much more widely distributed.

In recent years, highly competitive palm oil gained market share from soyoil. As a result, soyoil
trade declined in the period from 2008/09 to 2011/12. Nevertheless, demand growth globally will
outpace crushing capacity increases in importing nations and trade will gradually increase.
Argentina, Brazil, and the U.S. will remain top exporters. Approximately 15% of global production
will be sold on international markets.

Rapeseed and sunflowerseed crushers cannot absorb the competition from palm oil prices in the
baseline as readily as soybean processors, as rapeseed and sunflowerseed have a 40% oil content
compared to 18% for soybeans. As a result, crushers are more than twice as exposed to changes in
vegetable oil prices than soybean crushers.

Rapeseed oil will see only gradual increases in demand and trade over the next ten years. Important
importers will be China, the EU, and the U.S. The U.S. will remain the single largest importer of
rapeseed oil in the world due to location near major rapeseed production and processing in Canada,
which accounts for the largest proportion of the 10% of global production that is traded.

Though trade is small in absolute terms, sunflowerseed oil is dependent on the international market
as more than one-third of production is traded. The largest exporters are Russia and Ukraine, and the
largest importer is India.
World Soybean Supply & Utilization
Area Harvested
Yield
03/04
04/05
05/06
06/07
88.6
93.4
93.1
2.11
2.31
2.37
07/08
08/09
09/10
10/11
11/12
12/13
13/14
94.6
(Million hectares)
90.9
96.4
102.6
103.4
103.1
109.3
113.3
2.50
(Metric tons per hectare)
2.41
2.20
2.54
2.56
2.33
2.46
2.50
Supply
Production
Beginning stocks
Net imports
280.8
186.8
42.6
51.5
314.9
215.9
38.4
60.6
331.1
220.9
48.7
61.6
354.7
236.3
54.0
64.5
(Million metric tons)
355.0
337.8
219.0
212.1
63.0
52.5
73.0
73.2
Utilization
Crush
Other utilization
Ending Stocks
227.3
163.5
25.4
38.4
253.1
175.3
29.2
48.7
269.8
186.0
29.9
54.0
288.0
195.6
29.5
63.0
282.0
202.3
27.3
52.5
264.8
193.6
28.1
43.0
299.0
209.6
28.9
60.5
321.8
221.3
29.9
70.5
312.3
228.3
29.8
54.2
318.3
230.2
31.0
57.1
338.6
240.3
32.1
66.2
53.5
61.8
61.4
66.7
72.9
73.0
87.8
87.6
86.5
92.8
104.6
280.8
314.9
331.1
354.7
355.0
337.8
386.8
409.3
398.8
411.1
443.2
09/10
10/11
11/12
12/13
13/14
18.6
23.5
1.4
9.2
0.4
9.7
0.1
0.1
2.7
0.1
30.9
5.9
18.3
24.2
1.5
8.5
0.4
9.6
0.1
0.2
2.9
0.1
31.0
6.6
17.6
25.0
1.6
7.9
0.4
10.3
0.1
0.2
3.0
0.1
29.9
7.2
19.4
27.7
1.7
7.2
0.4
10.7
0.1
0.1
3.2
0.1
30.8
7.9
19.8
30.1
1.9
6.9
0.5
12.2
0.1
0.2
3.2
0.1
30.9
7.6
102.6
103.4
103.1
109.3
113.3
Net Exports
Total Demand
386.8
260.6
43.0
83.2
409.3
264.2
60.5
84.6
398.8
240.5
70.5
87.8
411.1
268.8
54.2
88.1
443.2
283.7
57.1
102.3
Soybean Area Harvested
03/04
04/05
05/06
06/07
07/08
08/09
Argentina
Brazil
Canada
China
EU-28
India
Japan
Mexico
Paraguay
South Korea
United States
Rest of world
14.0
21.5
1.0
9.3
0.5
6.5
0.2
0.1
1.9
0.1
29.3
4.2
14.4
22.9
1.2
9.6
0.4
8.0
0.1
0.1
2.0
0.1
29.9
4.6
15.2
22.2
1.2
9.6
0.5
7.8
0.1
0.1
2.4
0.1
28.8
5.1
16.3
20.7
1.2
9.3
0.6
8.1
0.1
0.1
2.4
0.1
30.2
5.5
(Million hectares)
16.4
16.0
21.3
21.7
1.2
1.2
8.8
9.1
0.4
0.3
8.8
9.5
0.1
0.1
0.1
0.1
2.6
2.5
0.1
0.1
26.0
30.2
5.2
5.6
World total
88.6
93.4
93.1
94.6
90.9
96.4
World Soybean Supply & Utilization
Area Harvested
Yield
14/15
15/16
16/17
17/18
18/19
20/12
21/22
22/23
23/24
24/25
118.0
118.5
118.4
119.3
(Million hectares)
120.5
121.8
122.9
124.1
125.1
126.2
127.2
2.67
(Metric tons per hectare)
2.70
2.73
2.76
2.78
2.81
2.83
2.86
2.66
2.61
2.64
19/20
Supply
Production
Beginning stocks
Net imports
486.6
314.4
66.2
106.1
513.1
309.5
90.1
113.6
523.9
313.1
95.5
115.3
535.1
319.0
97.5
118.6
(Million metric tons)
545.1
556.4
325.5
332.4
98.7
100.2
121.0
123.9
Utilization
Crush
Other utilization
Ending Stocks
377.0
253.7
33.3
90.1
396.1
267.2
33.4
95.5
405.1
273.5
34.1
97.5
413.0
279.8
34.6
98.7
420.7
285.4
35.1
100.2
429.0
291.2
35.8
102.0
437.4
296.7
36.5
104.1
445.8
302.3
37.2
106.3
454.0
307.6
37.9
108.5
462.2
312.9
38.6
110.7
470.5
318.4
39.3
112.8
Net Exports
109.6
117.1
118.8
122.1
124.5
127.4
129.8
132.4
134.5
136.4
138.7
Total Demand
486.6
513.2
523.9
535.1
545.1
556.4
567.1
578.2
588.5
598.6
609.2
20/12
21/22
22/23
23/24
24/25
21.9
33.2
2.4
6.9
0.5
10.9
0.1
0.2
3.6
0.1
33.6
9.7
22.4
33.3
2.4
6.9
0.5
11.1
0.1
0.2
3.7
0.1
33.6
9.8
22.8
33.4
2.5
6.9
0.5
11.4
0.1
0.2
3.8
0.1
33.6
9.9
23.2
33.5
2.5
6.9
0.5
11.7
0.1
0.2
3.9
0.1
33.6
10.1
23.6
33.6
2.5
6.9
0.5
12.0
0.1
0.2
4.0
0.1
33.7
10.2
122.9
124.1
125.1
126.2
127.2
567.1
338.8
102.0
126.3
578.2
345.2
104.1
128.9
588.5
351.2
106.3
131.0
598.6
357.2
108.5
132.9
609.2
363.3
110.7
135.2
Soybean Area Harvested
Argentina
Brazil
Canada
China
EU-28
India
Japan
Mexico
Paraguay
South Korea
United States
Rest of world
World total
14/15
15/16
16/17
17/18
20.0
31.5
2.2
6.7
0.6
11.0
0.1
0.2
3.3
0.1
33.6
8.7
20.1
31.9
2.3
6.8
0.5
10.8
0.1
0.2
3.3
0.1
33.7
8.7
20.4
32.2
2.3
6.6
0.5
10.6
0.1
0.2
3.4
0.1
33.2
8.9
20.7
32.5
2.4
6.7
0.5
10.5
0.1
0.2
3.4
0.1
33.3
9.1
118.0
118.5
118.4
119.3
18/19
19/20
(Million hectares)
21.0
21.5
32.7
33.0
2.4
2.4
6.7
6.8
0.5
0.5
10.6
10.7
0.1
0.1
0.2
0.2
3.5
3.5
0.1
0.1
33.4
33.6
9.3
9.5
120.5
121.8
Soybean Trade
03/04
04/05
05/06
06/07
07/08
08/09
09/10
10/11
11/12
12/13
13/14
(Thousand metric tons)
Net exporters
Argentina
Brazil
Canada
India
Paraguay
United States
Total net exports
Net importers
China
EU-28
Japan
South Korea
Mexico
Rest of world
Total net imports
Residual
Soybean price, Central IL
6,204
20,089
301
239
2,649
23,977
8,876
19,662
738
6
2,850
29,708
6,665
25,848
977
6
2,370
25,487
7,574
23,432
1,449
1
4,121
30,140
10,885
25,214
1,444
12
4,085
31,269
4,349
29,943
1,630
55
2,599
34,456
13,087
28,404
1,872
15
4,058
40,401
9,192
29,914
2,693
18
5,206
40,566
7,368
36,129
2,702
38
3,555
36,717
7,736
41,509
3,200
115
5,491
34,743
7,840
46,224
3,131
179
4,373
42,864
53,459
61,840
61,353
66,717
72,909
73,032
87,837
87,589
86,509
92,794
104,611
16,614
14,711
4,688
1,368
3,794
10,275
25,412
14,547
4,295
1,240
3,639
11,514
27,963
13,936
3,962
1,190
3,667
10,882
28,280
15,121
4,087
1,231
3,844
11,923
37,363
15,095
4,009
1,232
3,614
11,648
40,698
13,177
3,396
1,167
3,327
11,481
50,154
12,623
3,401
1,197
3,523
12,316
52,149
12,377
2,917
1,239
3,498
12,467
58,956
12,015
2,759
1,139
3,606
9,330
59,599
12,446
2,830
1,113
3,409
8,751
70,149
12,928
2,894
1,271
3,700
11,352
51,450
60,647
61,600
64,486
72,961
73,246
83,214
84,647
87,805
88,148
102,294
2,009
1,193
-247
2,231
2,942
-1,296
4,651
2,317
294
214
202
264
-52
-214
4,623
(Dollars per metric ton)
452
365
357
482
505
537
487
Soybean Trade
14/15
15/16
16/17
17/18
18/19
19/20
20/12
21/22
22/23
23/24
24/25
(Thousand metric tons)
Net exporters
Argentina
Brazil
Canada
India
Paraguay
United States
Total net exports
Net importers
China
EU-28
Japan
South Korea
Mexico
Rest of world
Total net imports
Residual
Soybean price, Central IL
8,018
45,514
3,595
139
4,515
47,832
9,983
50,786
3,959
126
4,502
47,703
9,847
52,488
3,985
154
4,581
47,753
9,851
54,585
4,010
147
4,613
48,846
10,135
55,809
4,032
93
4,781
49,601
10,635
57,063
4,042
56
4,922
50,680
11,245
58,318
4,039
49
5,156
50,975
11,787
59,534
4,024
28
5,452
51,580
12,250
60,576
3,998
52
5,791
51,815
12,694
61,722
3,968
72
6,153
51,826
13,154
62,840
3,933
102
6,403
52,249
109,614
117,057
118,806
122,052
124,451
127,397
129,781
132,404
134,482
136,435
138,681
73,810
12,757
3,181
1,299
3,970
11,097
79,329
13,988
3,283
1,292
4,169
11,498
81,106
13,551
3,128
1,294
4,192
12,037
84,913
12,923
2,951
1,295
4,195
12,277
87,222
12,991
2,893
1,296
4,225
12,326
90,008
13,036
2,883
1,296
4,268
12,408
92,653
12,969
2,864
1,295
4,279
12,221
95,336
13,039
2,878
1,294
4,291
12,068
97,363
12,914
2,842
1,292
4,283
12,290
99,597
12,853
2,805
1,290
4,279
12,112
101,995
12,782
2,762
1,288
4,269
12,084
106,115
113,558
115,307
118,553
120,952
123,898
126,282
128,905
130,983
132,936
135,182
3,499
3,499
3,499
3,499
3,499
3,499
3,499
3,499
354
363
377
393
3,499
3,499
3,499
(Dollars per metric ton)
400
399
399
392
384
379
373
World Soybean Products Supply & Utilization
03/04
04/05
05/06
06/07
07/08
08/09
09/10
10/11
11/12
12/13
13/14
Supply
Production
Beginning stocks
Net imports
176.8
128.9
5.5
42.4
187.2
138.6
5.6
43.0
200.1
146.4
5.8
47.8
210.2
153.8
6.2
50.2
(Million metric tons)
218.5
208.6
221.2
158.8
152.2
165.3
7.1
7.2
4.9
52.6
49.2
51.0
235.1
174.4
6.7
54.0
242.7
180.5
8.4
53.9
241.8
181.3
9.8
50.7
252.4
188.8
9.7
54.0
Utilization
Consumption
Ending Stocks
133.3
127.6
5.6
142.6
136.7
5.8
151.5
145.3
6.2
158.1
151.0
7.1
164.6
157.5
7.2
158.2
153.3
4.9
168.1
161.4
6.7
179.5
171.1
8.4
187.6
177.8
9.8
187.2
177.5
9.7
196.1
185.7
10.4
43.5
44.6
48.7
52.1
53.8
50.4
53.1
55.6
55.1
54.6
56.3
176.8
187.2
200.1
210.2
218.5
208.6
221.2
235.1
242.7
241.8
252.4
Supply
Production
Beginning stocks
Net imports
40.4
30.2
3.1
7.1
42.9
32.6
2.8
7.6
46.1
34.9
3.3
8.0
49.2
36.4
3.9
8.9
51.0
37.7
4.1
9.2
47.5
35.9
3.8
7.8
49.4
38.9
3.4
7.1
52.8
41.4
3.6
7.8
52.8
42.7
4.1
5.9
53.2
43.1
4.1
6.0
55.4
44.9
3.6
6.9
Utilization
Consumption
Ending Stocks
33.1
30.3
2.8
35.1
31.8
3.3
37.4
33.5
3.9
39.8
35.7
4.1
41.4
37.5
3.8
39.8
36.4
3.4
41.8
38.2
3.6
44.8
40.8
4.1
46.3
42.2
4.1
46.3
42.6
3.6
48.5
45.3
3.2
7.4
7.8
8.7
9.5
9.6
7.8
7.6
7.9
6.4
7.0
6.9
40.4
42.9
46.1
49.2
51.0
47.5
49.4
52.8
52.8
53.3
55.4
Soybean Meal
Net Exports
Total Demand
Soybean Oil
Net Exports
Total Demand
World Soybean Products Supply & Utilization
14/15
15/16
16/17
17/18
18/19
Supply
Production
Beginning stocks
Net imports
268.6
200.5
10.4
57.7
281.3
210.7
10.9
59.8
289.2
215.6
11.7
61.8
296.1
220.6
12.1
63.4
Utilization
Consumption
Ending Stocks
208.4
197.5
10.9
219.1
207.3
11.7
224.8
212.7
12.1
60.2
62.3
268.6
Supply
Production
Beginning stocks
Net imports
Utilization
Consumption
Ending Stocks
19/20
20/12
21/22
22/23
23/24
24/25
(Million metric tons)
302.2
308.1
225.0
229.6
12.3
12.4
65.0
66.1
313.7
233.9
12.5
67.3
319.2
238.3
12.7
68.2
324.6
242.5
12.9
69.2
330.4
246.6
13.2
70.6
335.6
250.2
13.5
71.9
230.2
217.9
12.3
234.7
222.4
12.4
239.4
226.9
12.5
243.9
231.2
12.7
248.5
235.6
12.9
252.9
239.7
13.2
257.4
243.8
13.5
261.3
247.4
13.8
64.3
65.9
67.5
68.6
69.8
70.7
71.7
73.1
74.4
281.3
289.2
296.1
302.2
308.1
313.7
319.2
324.6
330.4
335.6
57.3
47.4
3.2
6.7
60.5
49.9
3.4
7.2
62.5
51.1
3.7
7.7
63.9
52.3
3.8
7.8
65.3
53.3
3.9
8.2
66.7
54.4
4.0
8.4
68.1
55.4
4.1
8.7
69.5
56.4
4.1
8.9
70.7
57.4
4.1
9.1
71.9
58.4
4.2
9.3
73.3
59.6
4.3
9.5
50.2
46.8
3.4
52.9
49.2
3.7
54.4
50.6
3.8
55.7
51.8
3.9
56.8
52.8
4.0
57.9
53.9
4.1
59.1
55.0
4.1
60.1
56.0
4.1
61.1
56.9
4.2
62.2
57.9
4.3
63.4
59.1
4.3
7.1
7.6
8.1
8.2
8.6
8.8
9.1
9.3
9.5
9.7
9.9
57.3
60.5
62.5
63.9
65.3
66.7
68.1
69.5
70.7
71.9
73.3
Soybean Meal
Net Exports
Total Demand
Soybean Oil
Net Exports
Total Demand
Soybean Meal Trade
03/04
04/05
05/06
06/07
07/08
08/09
09/10
10/11
11/12
12/13
13/14
(Thousand metric tons)
Net exporters
Argentina
Brazil
China
India
Paraguay
United States
Total net exports
Net importers
Canada
EU-28
Japan
South Korea
Mexico
Rest of world
Total net imports
Residual
Soymeal price 48%, Decatur
19,219
14,510
643
3,674
1,069
4,431
20,650
14,004
589
2,230
648
6,525
24,221
12,700
-480
4,265
784
7,173
25,624
12,548
835
4,140
1,095
7,845
26,813
11,958
431
5,280
1,072
8,256
24,021
13,026
802
3,800
1,076
7,628
24,912
12,899
1,098
3,110
1,124
9,980
27,615
13,929
178
4,792
1,043
8,075
26,043
14,648
853
4,384
523
8,649
23,667
13,210
1,349
4,347
2,147
9,917
24,960
13,923
1,997
2,735
2,500
10,173
43,546
44,646
48,663
52,087
53,810
50,353
53,123
55,632
55,100
54,637
56,288
1,011
21,729
1,195
1,307
791
16,362
1,052
21,486
1,503
1,462
1,249
16,218
1,213
22,233
1,601
1,773
1,724
19,300
1,278
21,818
1,737
1,870
1,775
21,722
1,390
24,197
1,747
1,752
1,393
22,128
1,170
20,689
1,812
1,697
1,512
22,315
980
20,408
2,106
1,662
1,203
24,638
866
21,268
2,208
1,586
1,493
26,574
965
19,988
2,282
1,533
1,537
27,566
737
16,405
1,765
1,539
1,282
28,925
741
17,865
1,976
1,647
1,406
30,320
42,395
42,970
47,844
50,200
52,607
49,195
50,997
53,995
53,871
50,653
53,955
1,151
1,676
819
1,887
1,637
1,229
3,927
2,333
282
202
192
226
1,203
1,158
2,126
(Dollars per metric ton)
370
365
343
381
434
516
540
Soybean Meal Trade
14/15
15/16
16/17
17/18
18/19
19/20
20/12
21/22
22/23
23/24
24/25
(Thousand metric tons)
Net exporters
Argentina
Brazil
China
India
Paraguay
United States
Total net exports
Net importers
Canada
EU-28
Japan
South Korea
Mexico
Rest of world
Total net imports
Residual
Soymeal price 48%, Decatur
27,837
14,083
1,595
2,575
2,632
11,474
29,684
14,609
1,376
2,944
2,771
10,903
31,732
15,498
1,338
2,658
2,887
10,231
33,040
15,893
1,321
2,501
2,989
10,162
34,065
16,375
1,301
2,478
3,078
10,168
34,985
16,552
1,308
2,515
3,153
10,128
35,841
16,478
1,333
2,573
3,221
10,313
36,767
16,360
1,349
2,683
3,286
10,214
37,704
16,481
1,355
2,813
3,349
9,952
38,656
16,551
1,391
2,977
3,412
10,075
39,664
16,605
1,421
3,159
3,470
10,035
60,195
62,286
64,345
65,905
67,465
68,640
69,759
70,659
71,655
73,062
74,353
718
18,941
1,944
1,700
1,402
32,989
645
18,487
1,835
1,683
1,304
35,831
597
19,394
1,910
1,763
1,527
36,655
553
20,205
1,989
1,799
1,696
37,163
508
20,259
1,986
1,817
1,810
38,584
459
20,363
1,970
1,838
1,893
39,616
416
20,742
1,967
1,873
2,004
40,255
379
20,974
1,972
1,919
2,114
40,801
346
21,403
2,042
1,983
2,239
41,143
317
21,771
2,096
2,043
2,340
41,995
298
22,169
2,176
2,126
2,445
42,639
57,695
59,786
61,845
63,405
64,965
66,140
67,259
68,159
69,155
70,562
71,853
2,500
2,500
2,500
2,500
2,500
2,500
2,500
2,500
392
369
370
382
2,500
2,500
2,500
(Dollars per metric ton)
397
404
401
395
383
378
368
Soybean Oil Trade
03/04
04/05
05/06
06/07
07/08
08/09
09/10
10/11
11/12
12/13
13/14
(Thousand metric tons)
Net exporters
Argentina
Brazil
Canada
Paraguay
United States
Total net exports
Net importers
China
EU-28
India
Japan
South Korea
Mexico
Rest of world
Total net imports
Residual
Soyoil price, Decatur
4,238
2,692
-81
249
286
4,757
2,411
-67
108
588
5,597
2,438
-55
182
507
5,970
2,458
-55
258
834
5,789
2,321
-30
257
1,290
4,704
1,903
-7
226
954
4,453
1,412
4
240
1,477
4,561
1,668
34
252
1,394
3,794
1,885
47
123
596
4,244
1,245
74
554
893
4,090
1,378
61
626
776
7,384
7,797
8,669
9,465
9,627
7,780
7,586
7,909
6,445
7,010
6,931
2,714
-490
901
24
206
84
3,634
1,688
-344
2,015
45
240
146
3,799
1,411
446
1,714
61
261
121
3,944
2,310
734
1,439
50
298
137
3,939
2,625
703
717
42
284
234
4,578
2,411
397
1,058
39
260
158
3,440
1,437
161
1,597
26
305
190
3,427
1,267
443
945
19
271
353
4,475
1,442
-356
1,164
20
318
141
3,201
1,325
-711
1,086
38
284
190
3,828
1,259
-451
1,829
16
272
186
3,776
7,073
7,589
7,958
8,907
9,183
7,763
7,143
7,773
5,930
6,040
6,887
311
208
711
558
136
515
972
35
661
507
516
684
444
17
443
(Dollars per metric ton)
1,147
709
793
1,173
1,144
1,039
843
Soybean Oil Trade
14/15
15/16
16/17
17/18
18/19
19/20
20/12
21/22
22/23
23/24
24/25
(Thousand metric tons)
Net exporters
Argentina
Brazil
Canada
Paraguay
United States
Total net exports
Net importers
China
EU-28
India
Japan
South Korea
Mexico
Rest of world
Total net imports
Residual
Soyoil price, Decatur
4,343
1,166
80
628
877
4,600
1,398
101
672
821
4,884
1,581
117
706
791
5,078
1,697
128
730
617
5,159
1,805
138
751
703
5,268
1,877
149
768
750
5,408
1,914
163
785
800
5,573
1,936
177
800
864
5,695
1,894
191
815
935
5,793
1,836
203
829
1,044
5,889
1,769
215
843
1,150
7,094
7,592
8,078
8,250
8,555
8,812
9,070
9,349
9,529
9,706
9,865
1,042
-470
1,927
32
338
193
3,632
1,104
-570
1,988
31
331
177
4,131
1,159
-524
2,136
26
340
175
4,366
1,025
-414
2,158
25
352
182
4,521
1,034
-433
2,291
25
364
183
4,690
1,123
-432
2,367
27
378
184
4,766
1,187
-427
2,402
26
388
185
4,909
1,224
-439
2,423
26
400
190
5,126
1,266
-387
2,446
25
412
200
5,165
1,346
-345
2,467
26
424
209
5,178
1,400
-300
2,476
25
436
219
5,209
6,694
7,192
7,678
7,850
8,155
8,412
8,670
8,949
9,129
9,306
9,465
400
400
400
400
400
400
400
400
722
665
695
714
400
400
400
(Dollars per metric ton)
731
728
756
774
780
784
791
World Rapeseed Supply & Utilization
03/04
04/05
05/06
06/07
Area Harvested
25.5
26.7
27.3
26.4
Yield
1.55
1.73
1.78
1.70
Supply
Production
Beginning stocks
Net imports
44.4
39.5
2.2
2.7
51.3
46.2
2.4
2.7
57.3
48.6
5.3
3.4
Utilization
Crush
Other utilization
Ending Stocks
41.3
36.4
2.5
2.4
48.6
40.6
2.7
5.3
09/10
10/11
11/12
12/13
13/14
(Million hectares)
28.3
31.0
31.4
(Metric tons per hectare)
33.8
34.1
36.3
36.1
1.72
1.86
1.94
(Million metric tons)
1.79
1.80
1.76
1.97
54.7
45.0
5.8
3.9
57.5
48.6
5.1
3.8
70.8
57.9
4.0
9.0
75.0
61.0
7.3
6.7
75.3
60.6
8.9
5.8
78.9
61.6
8.3
9.0
79.8
63.8
6.6
9.4
87.7
71.1
5.1
11.4
53.6
44.7
3.1
5.8
51.2
43.5
2.6
5.1
53.1
46.7
2.4
4.0
61.8
52.0
2.5
7.3
68.2
56.6
2.7
8.9
68.7
57.9
2.4
8.3
70.2
60.6
3.0
6.6
70.6
62.4
3.0
5.1
76.1
66.4
3.0
6.7
3.1
2.6
3.7
3.5
4.4
9.0
6.8
6.6
8.8
9.2
11.6
44.4
51.3
57.3
54.7
57.5
70.8
75.0
75.3
78.9
79.8
87.7
03/04
04/05
05/06
06/07
07/08
08/09
09/10
10/11
11/12
12/13
13/14
4.7
7.2
4.2
6.8
0.0
0.4
2.2
4.9
7.3
4.6
7.2
0.0
0.3
2.5
5.2
7.3
4.9
7.4
0.0
0.5
2.1
5.2
6.0
5.4
6.6
0.0
0.4
2.7
6.3
5.6
6.6
5.7
0.0
0.5
3.6
6.5
6.6
6.2
6.6
0.0
0.4
4.7
6.5
7.3
6.5
6.5
0.0
0.3
4.3
6.9
7.4
7.0
7.3
0.0
0.6
4.8
7.6
7.3
6.7
6.6
0.0
0.4
5.4
8.8
7.4
6.3
6.8
0.0
0.7
6.3
8.0
7.5
6.8
7.1
0.0
0.5
6.2
25.5
26.7
27.3
26.4
28.3
31.0
31.4
33.8
34.1
36.3
36.1
Net Exports
Total Demand
07/08
08/09
Rapeseed Area Harvested
(Million hectares)
Canada
China
EU-28
India
Japan
United States
Rest of world
World total
World Rapeseed Supply & Utilization
14/15
15/16
16/17
17/18
Area Harvested
36.4
36.5
36.4
36.8
Yield
1.98
1.91
1.94
1.96
Supply
Production
Beginning stocks
Net imports
88.0
71.9
6.7
9.3
86.8
70.0
7.2
9.6
87.1
70.6
6.4
10.1
Utilization
Crush
Other utilization
Ending Stocks
78.5
68.2
3.1
7.2
77.3
67.9
3.1
6.4
9.5
88.0
Net Exports
Total Demand
18/19
19/20
20/12
21/22
22/23
23/24
24/25
(Million hectares)
37.1
37.4
37.7
(Metric tons per hectare)
38.0
38.3
38.6
38.9
1.98
1.99
2.01
(Million metric tons)
2.03
2.05
2.07
2.09
88.9
72.0
6.3
10.5
90.5
73.2
6.4
10.8
92.1
74.5
6.6
11.0
94.1
75.9
6.8
11.5
96.0
77.2
7.0
11.7
97.8
78.5
7.3
12.0
99.6
79.8
7.5
12.3
101.4
81.2
7.7
12.5
77.2
67.8
3.1
6.3
78.5
69.0
3.1
6.4
79.9
70.1
3.2
6.6
81.3
71.3
3.2
6.8
82.9
72.6
3.3
7.0
84.4
73.8
3.3
7.3
86.0
75.1
3.4
7.5
87.5
76.4
3.4
7.7
89.1
77.7
3.5
7.9
9.4
9.9
10.3
10.6
10.8
11.3
11.5
11.8
12.1
12.3
86.8
87.1
88.9
90.5
92.1
94.1
96.0
97.8
99.6
101.4
20/12
21/22
22/23
23/24
24/25
Rapeseed Area Harvested
14/15
15/16
16/17
17/18
18/19
19/20
8.1
7.5
6.8
7.2
0.0
0.6
6.2
8.1
7.6
6.9
7.0
0.0
0.7
6.3
8.2
7.4
6.9
6.9
0.0
0.7
6.5
8.2
7.5
6.9
6.8
0.0
0.7
6.7
8.2
7.5
6.9
6.9
0.0
0.7
6.9
8.2
7.6
6.9
6.9
0.0
0.7
7.1
8.2
7.7
6.9
6.9
0.0
0.7
7.3
8.2
7.7
6.9
6.9
0.0
0.7
7.6
8.2
7.8
6.9
6.9
0.0
0.7
7.8
8.2
7.8
6.9
6.9
0.0
0.7
8.1
8.2
7.8
6.9
6.9
0.0
0.7
8.3
36.4
36.5
36.4
36.8
37.1
37.4
37.7
38.0
38.3
38.6
38.9
(Million hectares)
Canada
China
EU-28
India
Japan
United States
Rest of world
World total
Rapeseed Trade
03/04
04/05
05/06
06/07
07/08
08/09
09/10
10/11
11/12
12/13
13/14
(Thousand metric tons)
Net exporters
Canada
India
Rest of world
Total net exports
Net importers
China
EU-28
Japan
United States
Total net imports
Residual
Rapeseed price, Hamburg
3,520
40
-487
3,385
4
-742
5,271
2
-1,557
5,257
0
-1,735
5,629
2
-1,214
7,777
1
1,256
7,044
0
-197
6,983
1
-367
8,598
0
179
6,986
0
2,224
9,107
0
2,512
3,073
2,647
3,716
3,522
4,417
9,034
6,847
6,617
8,777
9,210
11,619
418
44
2,283
-61
316
-132
2,231
327
676
79
2,281
361
960
354
2,165
401
805
276
2,257
451
3,034
3,231
2,123
634
2,177
1,906
2,275
391
930
2,410
2,321
188
2,622
3,603
2,350
469
3,421
3,284
2,495
217
5,046
3,205
2,378
775
2,684
2,742
3,397
3,880
3,789
9,022
6,749
5,849
9,044
9,417
11,404
-389
95
-319
358
-768
267
207
-215
317
262
292
375
-628
-12
-98
(Dollars per metric ton)
644
393
419
647
616
579
505
Rapeseed Trade
14/15
15/16
16/17
17/18
18/19
19/20
20/12
21/22
22/23
23/24
24/25
(Thousand metric tons)
Net exporters
Canada
India
Rest of world
Total net exports
Net importers
China
EU-28
Japan
United States
Total net imports
Residual
Rapeseed price, Hamburg
8,399
0
1,084
7,929
0
1,509
8,045
0
1,841
8,181
0
2,144
8,313
0
2,324
8,491
0
2,330
8,625
0
2,631
8,719
0
2,811
8,843
0
2,954
8,972
0
3,095
9,090
0
3,218
9,484
9,438
9,886
10,325
10,637
10,821
11,256
11,529
11,797
12,066
12,308
3,752
2,403
2,452
732
3,691
2,827
2,447
672
3,738
3,188
2,478
682
4,041
3,291
2,492
701
4,117
3,503
2,499
718
4,228
3,567
2,500
726
4,548
3,672
2,502
734
4,619
3,861
2,504
746
4,709
4,028
2,503
757
4,846
4,158
2,502
760
4,950
4,293
2,500
765
9,339
9,638
10,086
10,525
10,837
11,021
11,456
11,729
11,997
12,266
12,508
-145
200
200
200
200
200
200
200
419
394
408
419
200
200
200
(Dollars per metric ton)
429
439
443
439
434
432
427
World Rapeseed Products Supply & Utilization
03/04
04/05
05/06
06/07
Supply
Production
Beginning stocks
Net imports
24.2
21.8
0.3
2.1
26.7
24.2
0.5
2.0
29.0
26.5
0.3
2.2
Utilization
Consumption
Ending Stocks
22.1
21.6
0.5
24.8
24.4
0.3
2.1
07/08
08/09
09/10
10/11
11/12
12/13
13/14
28.8
25.7
0.6
2.5
(Million metric tons)
30.9
33.6
36.6
27.6
30.7
33.4
0.3
0.3
0.3
3.0
2.6
2.9
38.7
34.0
0.5
4.2
40.3
35.7
0.5
4.1
41.4
36.9
0.6
4.0
44.1
39.2
0.4
4.6
26.9
26.3
0.6
26.4
26.1
0.3
27.8
27.5
0.3
31.0
30.7
0.3
33.8
33.3
0.5
34.4
33.9
0.5
35.9
35.3
0.6
37.3
37.0
0.4
39.5
39.1
0.4
1.9
2.1
2.4
3.1
2.6
2.8
4.3
4.4
4.1
4.6
24.2
26.7
29.0
28.8
30.9
33.6
36.6
38.7
40.3
41.4
44.1
Supply
Production
Beginning stocks
Net imports
15.5
14.2
0.6
0.7
16.8
15.8
0.4
0.6
18.7
17.5
0.5
0.7
19.3
17.2
0.7
1.4
20.4
18.5
0.5
1.3
23.0
20.6
0.8
1.6
25.4
22.5
1.0
2.0
26.7
23.0
1.6
2.1
28.1
24.1
1.2
2.7
29.0
24.9
1.7
2.4
31.7
26.4
2.8
2.5
Utilization
Consumption
Ending Stocks
14.8
14.4
0.4
16.1
15.6
0.5
17.8
17.1
0.7
18.1
17.6
0.5
19.2
18.4
0.8
21.4
20.4
1.0
23.6
22.1
1.6
24.5
23.3
1.2
25.4
23.7
1.7
26.5
23.7
2.8
29.2
25.5
3.7
0.7
0.7
0.9
1.2
1.2
1.6
1.8
2.2
2.7
2.5
2.5
15.5
16.8
18.7
19.3
20.4
23.0
25.4
26.7
28.1
29.0
31.7
Rapeseed Meal
Net Exports
Total Demand
Rapeseed Oil
Net Exports
Total Demand
World Rapeseed Products Supply & Utilization
14/15
15/16
16/17
17/18
Supply
Production
Beginning stocks
Net imports
45.0
40.2
0.4
4.4
45.1
40.0
0.5
4.5
45.0
40.0
0.5
4.6
Utilization
Consumption
Ending Stocks
40.6
40.1
0.5
40.5
40.0
0.5
4.4
18/19
19/20
20/12
21/22
22/23
23/24
24/25
45.7
40.7
0.5
4.5
(Million metric tons)
46.5
47.2
48.0
41.4
42.1
42.9
0.5
0.4
0.4
4.7
4.6
4.7
48.9
43.6
0.4
4.8
49.8
44.4
0.5
5.0
50.7
45.1
0.5
5.1
51.6
45.9
0.5
5.2
40.4
39.9
0.5
41.1
40.6
0.5
41.8
41.3
0.4
42.4
42.0
0.4
43.2
42.8
0.4
44.0
43.5
0.5
44.7
44.3
0.5
45.5
45.0
0.5
46.3
45.8
0.5
4.6
4.6
4.6
4.7
4.7
4.8
4.9
5.0
5.1
5.3
45.0
45.1
45.0
45.7
46.5
47.2
48.0
48.9
49.8
50.7
51.6
Supply
Production
Beginning stocks
Net imports
33.6
27.2
3.7
2.8
33.5
27.0
3.6
2.8
33.4
27.0
3.6
2.8
33.9
27.5
3.6
2.8
34.5
27.9
3.7
2.9
35.1
28.4
3.8
3.0
35.7
28.9
3.9
3.0
36.4
29.4
4.0
3.1
37.0
29.9
4.0
3.1
37.7
30.4
4.1
3.2
38.3
30.9
4.2
3.2
Utilization
Consumption
Ending Stocks
30.8
27.1
3.6
30.6
27.0
3.6
30.6
27.0
3.6
31.0
27.3
3.7
31.6
27.8
3.8
32.1
28.3
3.9
32.7
28.7
4.0
33.3
29.2
4.0
33.9
29.7
4.1
34.5
30.2
4.2
35.0
30.7
4.3
2.8
2.8
2.9
2.9
2.9
3.0
3.0
3.1
3.2
3.3
3.2
33.6
33.5
33.4
33.9
34.5
35.1
35.7
36.4
37.0
37.7
38.3
Rapeseed Meal
Net Exports
Total Demand
Rapeseed Oil
Net Exports
Total Demand
Rapeseed Meal Trade
03/04
04/05
05/06
06/07
07/08
08/09
09/10
10/11
11/12
12/13
13/14
(Thousand metric tons)
Net exporters
Canada
India
EU-28
Total net exports
Net importers
China
Japan
United States
Rest of world
Total net imports
Residual
Rapemeal price, Hamburg
1,569
633
-60
1,412
546
-41
1,489
679
-36
1,481
984
-43
1,852
1,177
76
1,856
774
-6
1,927
786
84
2,965
1,311
18
3,328
1,000
40
3,334
901
-143
3,413
1,327
-96
2,142
1,917
2,132
2,422
3,105
2,624
2,797
4,294
4,368
4,092
4,644
-83
19
1,450
757
15
27
1,303
632
112
31
1,412
622
274
64
1,437
735
213
10
1,715
1,034
-8
109
1,626
895
866
58
1,132
879
1,408
25
1,978
757
615
7
2,722
722
5
75
3,058
830
277
74
3,340
878
2,143
1,977
2,177
2,510
2,972
2,622
2,935
4,168
4,066
3,968
4,569
1
60
45
88
-126
-302
-124
-75
178
131
129
184
-133
-2
138
(Dollars per metric ton)
298
195
221
278
295
353
323
Rapeseed Meal Trade
Net exporters
Canada
India
EU-28
Total net exports
Net importers
China
Japan
United States
Rest of world
Total net imports
Residual
Rapemeal price, Hamburg
14/15
15/16
16/17
17/18
18/19
19/20
20/12
21/22
22/23
23/24
24/25
3,426
1,129
-114
3,527
1,167
-80
3,551
1,107
-31
3,588
1,108
-72
3,629
1,124
-11
3,654
1,129
-58
3,678
1,137
-22
3,710
1,161
42
3,738
1,182
115
3,758
1,192
187
3,777
1,204
272
4,441
4,614
4,627
4,623
4,742
4,724
4,793
4,914
5,035
5,137
5,253
20
91
3,358
897
118
114
3,519
788
137
95
3,588
732
123
78
3,608
740
244
62
3,611
749
331
54
3,624
640
272
62
3,683
700
334
75
3,749
680
407
95
3,833
625
455
119
3,928
560
560
118
4,024
476
4,366
4,539
4,552
4,548
4,667
4,649
4,718
4,839
4,960
5,062
5,178
-75
-75
-75
-75
-75
-75
-75
-75
267
245
247
259
-75
-75
-75
(Dollars per metric ton)
271
278
274
268
260
253
243
Rapeseed Oil Trade
03/04
04/05
05/06
06/07
07/08
08/09
09/10
10/11
11/12
12/13
13/14
(Thousand metric tons)
Net exporters
Canada
Rest of world
944
-253
906
-229
1,049
-190
1,129
57
1,271
-94
1,416
202
1,609
176
2,296
-66
2,584
98
2,346
137
2,265
260
691
677
859
1,186
1,177
1,618
1,785
2,230
2,682
2,483
2,525
363
-104
-2
37
429
200
-70
-1
65
392
-90
231
-2
28
512
276
676
-2
18
426
269
159
-1
17
858
444
318
39
17
801
780
333
16
8
816
644
278
3
25
1,189
1,030
377
96
29
1,191
1,592
-251
6
20
1,037
896
-10
158
8
1,419
Total net imports
723
586
679
1,394
1,302
1,619
1,953
2,139
2,723
2,404
2,471
Residual
-32
91
180
-208
91
-41
79
54
670
660
770
852
-125
-1
-168
(Dollars per metric ton)
1,410
868
927
1,367
1,258
1,127
954
Total net exports
Net importers
China
EU-28
India
Japan
United States
Rapeoil price, Rotterdam
Rapeseed Oil Trade
14/15
15/16
16/17
17/18
18/19
19/20
20/12
21/22
22/23
23/24
24/25
(Thousand metric tons)
Net exporters
Canada
Rest of world
Total net exports
Net importers
China
EU-28
India
Japan
United States
Total net imports
Residual
Rapeoil price, Rotterdam
2,552
285
2,519
323
2,540
322
2,563
321
2,587
354
2,600
413
2,623
427
2,650
458
2,674
503
2,693
558
2,712
528
2,837
2,842
2,862
2,884
2,941
3,013
3,050
3,108
3,178
3,251
3,239
1,363
-77
156
7
1,335
959
18
228
15
1,568
936
20
197
16
1,638
975
-23
190
15
1,673
996
-55
203
16
1,728
932
3
219
16
1,789
964
-57
231
16
1,842
1,011
-117
260
16
1,884
1,075
-160
267
17
1,924
1,141
-191
268
17
1,962
1,364
-178
-16
17
1,998
2,783
2,788
2,808
2,830
2,887
2,959
2,996
3,054
3,124
3,197
3,185
54
54
54
54
54
54
54
54
825
765
790
812
54
54
54
(Dollars per metric ton)
830
832
859
877
885
892
900
World Sunflowerseed Supply & Utilization
Area Harvested
Yield
03/04
04/05
05/06
06/07
23.0
20.8
22.8
23.4
1.17
1.22
1.33
07/08
08/09
(Million hectares)
21.0
23.6
09/10
10/11
11/12
12/13
13/14
22.9
22.9
24.8
23.8
24.7
1.29
(Metric tons per hectare)
1.30
1.41
1.39
1.44
1.60
1.51
1.74
36.6
33.1
2.7
0.8
43.1
39.7
2.4
1.0
39.0
36.0
2.4
0.6
46.1
42.9
2.6
0.5
Supply
Production
Beginning stocks
Net imports
30.0
26.9
2.5
0.6
28.9
25.3
3.3
0.4
33.5
30.2
2.9
0.4
34.2
30.2
3.4
0.7
(Million metric tons)
31.6
37.6
36.6
27.4
33.3
31.8
4.0
3.7
3.9
0.3
0.6
0.9
Utilization
Crush
Other utilization
Ending Stocks
29.3
22.7
3.3
3.3
28.5
22.4
3.3
2.9
33.0
26.0
3.6
3.4
33.4
26.2
3.3
4.0
31.2
24.6
2.8
3.7
36.7
29.0
3.7
3.9
35.7
29.2
3.7
2.7
35.6
29.4
3.8
2.4
41.8
35.7
3.8
2.4
38.2
32.0
3.6
2.6
45.1
38.1
3.7
3.3
0.7
0.4
0.5
0.8
0.5
0.9
1.0
1.0
1.2
0.8
0.9
30.0
28.9
33.5
34.2
31.6
37.6
36.6
36.6
43.1
39.0
46.1
09/10
10/11
11/12
12/13
13/14
1.5
1.0
3.9
1.4
0.6
5.6
0.5
5.0
0.8
2.6
1.7
1.0
3.7
0.8
0.7
5.6
0.5
5.4
0.8
2.8
1.8
0.9
4.3
0.7
1.0
7.2
0.5
5.4
0.6
2.4
1.6
0.9
4.3
0.8
0.7
6.1
0.6
5.5
0.7
2.5
1.3
1.0
4.5
0.8
0.8
6.8
0.7
5.6
0.6
2.6
22.9
22.9
24.8
23.8
24.7
Net Exports
Total Demand
Sunflowerseed Area Harvested
Argentina
China
EU-28
India
Kazakhstan
Russia
Turkey
Ukraine
United States
Rest of world
World total
03/04
04/05
05/06
06/07
1.8
1.2
4.2
2.8
0.4
4.9
0.5
3.8
0.9
2.5
1.9
0.9
3.7
2.3
0.5
4.7
0.5
3.4
0.7
2.3
2.2
1.0
3.6
2.4
0.5
5.4
0.4
3.8
1.1
2.4
2.4
0.8
4.0
2.1
0.5
5.9
0.5
4.2
0.7
2.4
23.0
20.8
22.8
23.4
07/08
08/09
(Million hectares)
2.6
1.8
0.7
1.0
3.3
3.8
1.6
1.5
0.4
0.5
5.0
6.0
0.5
0.5
3.4
4.5
0.8
1.0
2.7
3.1
21.0
23.6
World Sunflowerseed Supply & Utilization
Area Harvested
Yield
14/15
15/16
16/17
17/18
23.9
25.3
25.8
26.1
1.67
1.61
1.64
18/19
19/20
(Million hectares)
26.3
26.5
20/12
21/22
22/23
23/24
24/25
26.7
26.9
27.0
27.1
27.2
1.66
(Metric tons per hectare)
1.69
1.72
1.74
1.77
1.80
1.82
1.85
51.4
47.6
2.9
0.9
52.5
48.5
3.0
1.0
53.5
49.4
3.1
1.0
54.5
50.3
3.2
1.0
Supply
Production
Beginning stocks
Net imports
44.1
40.0
3.3
0.9
44.1
40.7
2.6
0.8
45.7
42.3
2.5
0.9
46.9
43.4
2.6
0.9
(Million metric tons)
48.0
49.2
50.3
44.5
45.6
46.6
2.7
2.7
2.8
0.9
0.9
0.9
Utilization
Crush
Other utilization
Ending Stocks
43.0
36.8
3.7
2.6
43.1
36.8
3.8
2.5
44.6
38.1
3.9
2.6
45.8
39.2
3.9
2.7
46.9
40.3
4.0
2.7
48.1
41.2
4.0
2.8
49.2
42.2
4.1
2.9
50.3
43.1
4.2
3.0
51.3
44.0
4.2
3.1
52.3
44.8
4.3
3.2
53.3
45.6
4.4
3.3
1.1
1.0
1.1
1.1
1.1
1.1
1.1
1.2
1.2
1.3
1.3
44.1
44.1
45.7
46.9
48.0
49.2
50.3
51.4
52.5
53.5
54.5
20/12
21/22
22/23
23/24
24/25
1.4
1.0
4.5
0.6
1.0
7.7
0.6
6.4
0.7
2.8
1.4
1.0
4.5
0.6
1.0
7.8
0.7
6.5
0.7
2.8
1.4
1.0
4.5
0.6
1.0
7.8
0.7
6.5
0.7
2.8
1.4
1.0
4.5
0.6
1.0
7.9
0.7
6.6
0.7
2.8
1.4
1.0
4.5
0.5
1.1
7.9
0.7
6.6
0.7
2.8
26.7
26.9
27.0
27.1
27.2
Net Exports
Total Demand
Sunflowerseed Area Harvested
Argentina
China
EU-28
India
Kazakhstan
Russia
Turkey
Ukraine
United States
Rest of world
World total
14/15
15/16
16/17
17/18
1.4
1.0
4.2
0.7
0.8
6.5
0.5
5.6
0.6
2.5
1.5
1.0
4.3
0.8
0.9
7.0
0.6
5.8
0.7
2.7
1.5
1.0
4.4
0.7
0.9
7.3
0.6
5.9
0.7
2.7
1.5
1.0
4.4
0.7
0.9
7.4
0.6
6.1
0.7
2.8
23.9
25.3
25.8
26.1
18/19
19/20
(Million hectares)
1.5
1.5
1.0
1.0
4.4
4.5
0.7
0.7
0.9
1.0
7.5
7.6
0.6
0.6
6.2
6.3
0.7
0.7
2.8
2.8
26.3
26.5
Sunflowerseed Trade
03/04
04/05
05/06
06/07
07/08
08/09
09/10
10/11
11/12
12/13
13/14
(Thousand metric tons)
Net exporters
Argentina
China
EU-28
India
Kazakhstan
Russia
Ukraine
United States
18
72
-667
2
-22
302
926
80
88
113
125
2
-18
35
6
97
17
111
-259
3
-67
385
215
139
32
93
186
-1
-53
152
330
70
-59
142
210
4
-26
26
67
113
-54
107
-141
5
-72
148
761
114
51
125
298
4
8
-3
346
133
70
171
218
6
0
-34
432
119
73
183
316
4
29
304
265
62
77
156
307
4
29
3
107
82
78
112
394
4
138
95
55
55
711
448
544
809
477
868
962
982
1,236
765
931
Turkey
Rest of world
655
-21
522
-159
398
14
486
182
525
-275
433
152
716
179
679
91
796
159
590
48
550
-28
Total net imports
634
363
412
668
250
585
895
770
955
638
522
77
85
132
141
212
281
127
409
321
313
291
401
227
283
67
(Dollars per metric ton)
745
364
452
661
593
580
466
Total net exports
Net importers
Residual
Sunflowerseed, Rotterdam
Sunflowerseed Trade
14/15
15/16
16/17
17/18
18/19
19/20
20/12
21/22
22/23
23/24
24/25
(Thousand metric tons)
Net exporters
Argentina
China
EU-28
India
Kazakhstan
Russia
Ukraine
United States
79
223
391
4
95
13
188
102
99
239
253
4
124
59
113
147
72
163
278
4
136
114
203
161
54
170
279
4
134
102
214
165
68
135
278
4
134
96
212
165
78
108
264
4
137
141
204
158
94
96
287
4
138
143
193
145
92
76
404
4
138
137
181
124
89
49
545
4
136
120
170
102
95
29
613
4
134
117
180
80
100
4
650
4
132
116
185
65
1,095
1,039
1,130
1,121
1,092
1,093
1,100
1,156
1,216
1,253
1,256
Turkey
Rest of world
832
55
849
-18
887
35
914
-1
908
-23
884
1
881
11
917
31
954
54
992
53
1,026
22
Total net imports
887
831
922
913
884
885
892
948
1,008
1,045
1,048
Residual
208
208
208
208
208
208
208
208
442
418
425
443
208
208
208
(Dollars per metric ton)
457
461
465
462
456
448
444
Total net exports
Net importers
Sunflowerseed, Rotterdam
World Sunflowerseed Products Supply & Utilization
03/04
04/05
05/06
06/07
Supply
Production
Beginning stocks
Net imports
12.8
10.2
0.2
2.4
12.4
10.0
0.2
2.2
14.6
11.5
0.2
2.9
Utilization
Consumption
Ending Stocks
10.2
10.0
0.2
10.0
9.7
0.2
2.6
07/08
08/09
09/10
10/11
11/12
12/13
13/14
14.8
11.5
0.3
3.0
(Million metric tons)
13.6
16.7
16.7
10.7
12.8
12.9
0.3
0.3
0.6
2.6
3.7
3.2
17.2
13.0
0.6
3.6
22.1
15.7
0.7
5.8
19.5
14.0
1.1
4.3
22.1
16.6
0.4
5.0
11.5
11.1
0.3
11.7
11.4
0.3
10.5
10.2
0.3
12.7
12.1
0.6
12.9
12.3
0.6
12.9
12.2
0.7
15.7
14.5
1.1
14.8
14.3
0.4
16.3
15.5
0.8
2.5
3.2
3.2
3.1
4.0
3.8
4.3
6.4
4.7
5.8
12.8
12.4
14.6
14.8
13.6
16.7
16.7
17.2
22.1
19.5
22.1
11.2
9.2
0.7
1.3
11.4
9.2
0.7
1.5
14.3
10.7
0.9
2.6
14.4
10.7
1.1
2.6
13.0
10.2
1.0
1.9
16.2
12.0
1.0
3.2
16.8
12.1
1.7
2.9
16.4
12.2
1.5
2.7
20.5
14.7
1.1
4.6
19.4
13.3
2.1
4.0
22.7
15.8
1.7
5.3
Utilization
Consumption
Ending Stocks
9.2
8.5
0.7
9.5
8.5
0.9
11.0
9.9
1.1
11.1
10.2
1.0
10.3
9.3
1.0
12.5
10.8
1.7
13.1
11.6
1.5
12.8
11.7
1.1
15.0
12.9
2.1
14.8
13.1
1.7
17.0
14.9
2.1
Net Exports
2.0
1.9
3.3
3.3
2.7
3.7
3.7
3.6
5.4
4.5
5.8
11.2
11.4
14.3
14.4
13.0
16.2
16.8
16.4
20.5
19.4
22.7
Sunflowerseed Meal
Net Exports
Total Demand
Sunflowerseed Oil
Supply
Production
Beginning stocks
Net imports
Total Demand
World Sunflowerseed Products Supply & Utilization
14/15
15/16
16/17
17/18
Supply
Production
Beginning stocks
Net imports
21.7
16.2
0.8
4.7
21.6
16.1
0.8
4.7
22.4
16.6
0.8
5.0
Utilization
Consumption
Ending Stocks
16.2
15.5
0.8
16.1
15.4
0.8
5.5
18/19
19/20
20/12
21/22
22/23
23/24
24/25
23.2
17.1
0.8
5.3
(Million metric tons)
23.9
24.5
25.1
17.5
18.0
18.4
0.8
0.8
0.8
5.5
5.7
5.9
25.7
18.7
0.9
6.1
26.3
19.1
0.9
6.3
26.8
19.4
0.9
6.5
27.3
19.7
1.0
6.6
16.7
15.9
0.8
17.2
16.3
0.8
17.6
16.8
0.8
18.0
17.2
0.8
18.5
17.6
0.9
18.9
18.0
0.9
19.2
18.3
0.9
19.6
18.6
1.0
20.0
19.0
1.0
5.5
5.7
6.0
6.2
6.5
6.7
6.9
7.1
7.2
7.4
21.7
21.6
22.4
23.2
23.9
24.5
25.1
25.7
26.3
26.8
27.3
Supply
Production
Beginning stocks
Net imports
22.4
15.3
2.1
5.1
22.1
15.3
1.8
5.0
23.0
15.8
1.8
5.4
23.8
16.3
1.9
5.6
24.6
16.7
2.0
5.9
25.3
17.1
2.1
6.1
25.9
17.5
2.1
6.3
26.6
17.9
2.1
6.6
27.2
18.3
2.2
6.8
27.8
18.6
2.2
7.0
28.3
18.9
2.3
7.1
Utilization
Consumption
Ending Stocks
17.0
15.2
1.8
16.7
14.9
1.8
17.3
15.4
1.9
17.8
15.8
2.0
18.3
16.3
2.1
18.8
16.7
2.1
19.3
17.1
2.1
19.7
17.5
2.2
20.1
17.9
2.2
20.5
18.2
2.3
20.8
18.5
2.3
5.4
5.4
5.7
6.0
6.2
6.4
6.7
6.9
7.1
7.3
7.5
22.4
22.1
23.0
23.8
24.6
25.3
25.9
26.6
27.2
27.8
28.3
Sunflowerseed Meal
Net Exports
Total Demand
Sunflowerseed Oil
Net Exports
Total Demand
Sunflowerseed Meal Trade
03/04
04/05
05/06
06/07
07/08
08/09
09/10
10/11
11/12
12/13
13/14
(Thousand metric tons)
Net exporters
Argentina
India
Kazakhstan
Russia
Ukraine
United States
Total net exports
Net importers
China
EU-28
Turkey
Rest of world
Total net imports
Residual
Sunmeal price, Rotterdam
945
8
59
476
1,089
-8
1,106
5
47
440
862
3
979
1
62
795
1,337
1
766
0
80
836
1,483
-7
1,063
10
55
651
1,272
17
719
18
48
965
2,209
7
586
-4
48
658
2,516
6
740
4
50
566
2,926
3
839
-18
99
1,681
3,836
3
327
-90
52
1,360
3,050
19
250
-29
50
1,750
3,750
-3
2,569
2,463
3,175
3,158
3,068
3,966
3,810
4,289
6,440
4,718
5,768
14
1,702
312
342
10
1,486
281
469
9
1,733
385
792
4
1,641
403
936
-3
1,513
222
826
-6
2,438
306
920
3
1,947
427
812
0
2,147
500
911
-1
3,734
737
1,311
-1
2,907
431
999
0
3,191
720
1,115
2,370
2,246
2,919
2,984
2,558
3,658
3,189
3,558
5,781
4,336
5,026
199
217
256
174
731
659
382
742
149
120
122
178
510
308
621
(Dollars per metric ton)
298
178
228
254
263
318
315
Sunflowerseed Meal Trade
14/15
15/16
16/17
17/18
18/19
19/20
20/12
21/22
22/23
23/24
24/25
(Thousand metric tons)
Net exporters
Argentina
India
Kazakhstan
Russia
Ukraine
United States
Total net exports
Net importers
China
EU-28
Turkey
Rest of world
Total net imports
Residual
Sunmeal price, Rotterdam
289
-30
30
1,444
3,746
5
351
-30
28
1,486
3,614
5
338
-30
33
1,617
3,783
5
315
-30
37
1,696
3,975
5
287
-30
41
1,770
4,172
5
252
-30
46
1,812
4,366
5
218
-30
53
1,862
4,548
5
198
-30
61
1,913
4,721
5
180
-30
68
1,954
4,883
5
161
-30
75
1,985
5,022
5
143
-30
80
2,013
5,153
5
5,484
5,454
5,746
5,998
6,246
6,451
6,655
6,869
7,059
7,218
7,364
-14
3,057
636
1,063
-18
3,023
684
1,022
-22
3,233
701
1,093
-27
3,389
714
1,180
-28
3,513
752
1,266
-26
3,566
808
1,361
-22
3,633
862
1,440
-17
3,730
898
1,515
-7
3,789
934
1,602
3
3,884
969
1,620
13
3,959
1,004
1,647
4,742
4,712
5,004
5,256
5,504
5,709
5,913
6,127
6,317
6,476
6,622
742
742
742
742
742
742
742
742
281
224
225
236
742
742
742
(Dollars per metric ton)
251
254
248
242
234
226
215
Sunflowerseed Oil Trade
03/04
04/05
05/06
06/07
07/08
08/09
09/10
10/11
11/12
12/13
13/14
(Thousand metric tons)
Net exporters
Argentina
Kazakhstan
Russia
Ukraine
United States
Total net exports
Net importers
China
EU-28
India
Turkey
Rest of world
Total net imports
Residual
Sunoil price, NW Europe
1,006
-17
-43
978
95
1,175
-31
92
640
23
1,221
-42
506
1,514
69
851
-24
596
1,867
6
1,219
-75
178
1,324
30
850
-93
765
2,098
61
578
-76
449
2,644
76
978
-29
32
2,651
-9
790
13
1,413
3,262
-55
353
9
921
3,244
-4
350
13
1,540
3,850
2
2,019
1,899
3,268
3,296
2,676
3,681
3,671
3,623
5,423
4,523
5,755
49
290
79
67
816
35
694
3
130
634
10
1,123
113
352
1,051
94
1,072
203
111
1,094
-1
1,093
18
272
498
124
933
582
301
1,251
169
815
610
116
1,197
22
652
775
244
1,045
121
785
1,113
380
2,218
362
701
938
368
1,582
531
667
1,526
250
2,284
1,301
1,496
2,649
2,574
1,880
3,191
2,907
2,738
4,617
3,951
5,258
718
403
619
722
885
806
572
497
703
635
846
1,639
796
490
764
(Dollars per metric ton)
837
956
1,404
1,254
1,189
929
881
Sunflowerseed Oil Trade
14/15
15/16
16/17
17/18
18/19
19/20
20/12
21/22
22/23
23/24
24/25
(Thousand metric tons)
Net exporters
Argentina
Kazakhstan
Russia
Ukraine
United States
Total net exports
Net importers
China
EU-28
India
Turkey
Rest of world
Total net imports
Residual
Sunoil price, NW Europe
373
-2
1,386
3,699
-21
415
-4
1,364
3,607
-8
382
1
1,567
3,773
-4
342
3
1,656
3,958
-6
297
5
1,771
4,146
-10
255
8
1,858
4,332
-15
215
11
1,957
4,508
-16
182
16
2,060
4,672
-16
150
20
2,155
4,824
-15
116
24
2,242
4,955
-14
85
27
2,309
5,077
-11
5,434
5,375
5,717
5,953
6,208
6,438
6,676
6,915
7,134
7,323
7,486
528
484
1,478
259
2,328
444
435
1,534
311
2,295
506
463
1,666
372
2,354
543
487
1,729
395
2,442
581
482
1,850
419
2,519
606
475
1,922
455
2,623
631
465
1,982
484
2,757
656
500
2,038
498
2,865
682
542
2,094
512
2,947
707
559
2,150
528
3,022
733
551
2,200
542
3,103
5,077
5,018
5,360
5,596
5,851
6,081
6,319
6,558
6,777
6,966
7,129
357
357
357
357
357
357
357
357
881
819
834
856
357
357
357
(Dollars per metric ton)
871
874
904
922
929
933
944
World Palm Oil Supply & Utilization
03/04
04/05
05/06
06/07
Supply
Production
Beginning stocks
Net imports
52.0
30.0
3.5
18.6
59.0
33.5
4.2
21.3
63.2
35.8
4.6
22.9
Utilization
Consumption
Ending Stocks
32.7
28.5
4.2
36.0
31.5
4.6
Net Exports
19.4
Total Demand
52.0
07/08
08/09
09/10
10/11
11/12
12/13
13/14
65.7
37.4
4.8
23.5
(Million metric tons)
73.1
78.8
82.1
41.2
44.2
46.1
5.1
4.7
5.2
26.8
29.9
30.8
85.7
48.8
5.6
31.3
91.5
52.1
6.1
33.3
100.3
56.1
7.3
36.9
102.4
59.1
7.3
36.0
38.4
33.6
4.8
40.6
35.6
5.1
44.4
39.7
4.7
47.8
42.6
5.2
50.1
44.6
5.6
53.4
47.3
6.1
57.1
49.8
7.3
61.9
54.5
7.3
63.9
56.6
7.3
22.9
24.8
25.1
28.7
31.0
32.0
32.3
34.4
38.5
38.6
59.0
63.2
65.7
73.1
78.8
82.1
85.7
91.5
100.3
102.4
08/09
09/10
10/11
11/12
12/13
13/14
(Thousand metric tons)
0.1
0.1
0.1
18.0
20.5
22.0
17.6
17.3
17.8
0.8
0.9
0.9
1.1
1.5
1.3
3.7
4.0
4.2
0.1
23.6
18.2
0.9
1.8
4.3
0.1
26.2
18.2
0.9
1.9
4.9
0.1
28.5
19.3
0.9
2.1
5.2
0.1
30.5
20.2
0.9
2.2
5.3
48.8
52.1
56.1
59.1
Palm Oil Production
03/04
04/05
05/06
06/07
India
Indonesia
Malaysia
Nigeria
Thailand
Rest of world
0.0
12.0
13.4
0.8
0.8
2.9
0.0
13.6
15.2
0.8
0.8
3.1
0.0
15.6
15.5
0.8
0.8
3.1
0.1
16.6
15.3
0.8
1.2
3.4
World total
30.0
33.5
35.8
37.4
07/08
41.2
44.2
46.1
World Palm Oil Supply & Utilization
14/15
15/16
16/17
17/18
18/19
20/12
21/22
22/23
23/24
24/25
108.5
62.8
7.3
38.4
113.3
65.2
8.0
40.1
116.3
66.8
8.3
41.2
119.6
68.7
8.5
42.3
(Million metric tons)
122.9
126.3
129.4
70.7
72.7
74.5
8.7
8.9
9.1
43.5
44.7
45.8
133.2
76.7
9.3
47.2
137.3
79.1
9.5
48.7
141.4
81.4
9.7
50.3
146.3
84.2
10.0
52.2
Utilization
Consumption
Ending Stocks
68.0
60.1
8.0
71.1
62.8
8.3
73.1
64.6
8.5
75.2
66.5
8.7
77.4
68.5
8.9
79.5
70.4
9.1
81.6
72.3
9.3
83.9
74.5
9.5
86.5
76.8
9.7
89.1
79.1
10.0
92.1
81.8
10.3
Net Exports
40.5
42.2
43.2
44.4
45.6
46.7
47.8
49.2
50.8
52.3
54.3
108.5
113.3
116.3
119.6
122.9
126.3
129.4
133.2
137.3
141.4
146.3
19/20
20/12
21/22
22/23
23/24
24/25
(Thousand metric tons)
0.0
0.0
0.0
37.1
38.2
39.1
23.6
24.2
24.8
1.0
1.0
1.0
2.5
2.6
2.7
6.5
6.7
6.9
0.0
40.4
25.4
1.0
2.7
7.1
0.0
41.9
26.0
1.1
2.8
7.4
0.0
43.3
26.5
1.1
2.8
7.6
0.0
45.3
27.0
1.1
2.9
7.9
76.7
79.1
81.4
84.2
Supply
Production
Beginning stocks
Net imports
Total Demand
19/20
Palm Oil Production
14/15
15/16
16/17
17/18
India
Indonesia
Malaysia
Nigeria
Thailand
Rest of world
0.1
33.0
21.3
0.9
2.3
5.3
0.0
34.2
21.9
0.9
2.3
5.8
0.0
35.1
22.3
1.0
2.4
6.0
0.0
36.1
22.9
1.0
2.5
6.2
World total
62.8
65.2
66.8
68.7
18/19
70.7
72.7
74.5
Palm Oil Trade
03/04
04/05
05/06
06/07
07/08
08/09
09/10
10/11
11/12
12/13
13/14
(Thousand metric tons)
Net exporters
Indonesia
Malaysia
Thailand
Total net exports
Net importers
Bangladesh
China
Egypt
EU-28
India
Nigeria
Pakistan
United States
Rest of world
Total net imports
Residual
Palm oil price, Malaysia
7,851
11,456
58
9,602
13,245
62
11,656
12,977
204
11,416
13,363
282
13,962
14,371
330
15,943
14,943
113
16,524
15,327
120
16,400
15,558
316
18,451
15,734
249
20,335
17,567
550
21,160
17,025
375
19,365
22,909
24,837
25,061
28,663
30,999
31,971
32,274
34,434
38,452
38,560
528
3,570
378
3,343
3,484
229
1,172
275
5,611
757
4,318
535
3,929
3,524
321
1,393
340
6,217
847
4,974
399
4,184
2,896
375
1,672
582
6,942
896
5,138
729
4,177
3,648
417
1,513
660
6,343
723
5,222
535
4,833
5,013
432
1,908
930
7,185
699
6,117
1,024
5,378
6,867
392
1,917
1,016
6,501
951
5,759
1,346
5,298
6,603
407
1,949
978
7,532
996
5,710
1,380
4,744
6,661
417
2,021
953
8,423
984
5,840
1,288
5,538
7,473
422
2,178
1,014
8,607
1,030
6,588
869
6,670
8,308
452
2,206
1,256
9,505
1,232
5,571
1,045
6,785
7,847
482
2,610
1,207
9,263
18,590
21,334
22,871
23,521
26,781
29,911
30,823
31,305
33,344
36,884
36,042
775
1,575
1,966
1,540
969
1,090
1,568
2,518
481
392
416
655
1,882
1,088
1,148
(Dollars per metric ton)
1,058
633
793
1,154
1,032
791
803
Palm Oil Trade
14/15
15/16
16/17
17/18
18/19
19/20
20/12
21/22
22/23
23/24
24/25
(Thousand metric tons)
Net exporters
Indonesia
Malaysia
Thailand
Total net exports
Net importers
Bangladesh
China
Egypt
EU-28
India
Nigeria
Pakistan
United States
Rest of world
Total net imports
Residual
Palm oil price, Malaysia
22,267
17,765
432
23,164
18,578
429
23,746
18,930
533
24,395
19,418
549
25,082
19,928
547
25,750
20,427
563
26,320
20,909
579
27,260
21,385
591
28,349
21,849
577
29,441
22,279
595
31,012
22,665
579
40,465
42,170
43,209
44,362
45,556
46,739
47,808
49,236
50,776
52,315
54,256
1,250
6,205
1,076
6,863
8,869
511
2,593
1,248
9,800
1,296
6,722
1,138
6,995
9,217
537
2,665
1,323
10,228
1,343
6,810
1,210
7,124
9,569
562
2,771
1,354
10,417
1,403
7,099
1,266
7,226
9,930
587
2,866
1,372
10,562
1,468
7,372
1,331
7,330
10,128
611
2,963
1,391
10,912
1,536
7,705
1,398
7,431
10,416
633
3,054
1,412
11,105
1,596
7,811
1,464
7,536
10,642
654
3,156
1,426
11,474
1,660
8,057
1,531
7,697
10,820
673
3,255
1,441
12,051
1,726
8,304
1,603
7,882
11,036
692
3,353
1,458
12,672
1,791
8,495
1,677
8,088
11,254
709
3,453
1,477
13,321
1,855
8,946
1,756
8,318
11,767
726
3,555
1,496
13,787
38,415
40,120
41,159
42,312
43,506
44,689
45,758
47,186
48,726
50,265
52,206
2,050
2,050
2,050
2,050
2,050
2,050
2,050
2,050
680
618
630
657
2,050
2,050
2,050
(Dollars per metric ton)
672
672
702
722
731
739
747