Opening stocks1,2
1988-90 Average | 1991 | 1992 | 1993 | ||
'000 tonnes | |||||
Soybean: | Argentina | 125 | 255 | 102 | 55 |
Brazil | 189 | 208 | 209 | 211 | |
United States | 2 339 | 1 763 | 2 423 | 2 378 | |
Sunflower: | Argentina | 178 | 227 | 156 | 148 |
United States | 125 | 27 | 56 | 153 | |
Rapeseed: | Canada | 368 | 339 | 177 | 336 |
Palm: | Malaysia | 790 | 719 | 683 | 661 |
1 Includes the oil equivalent of oilseeds.
2 Stocks of soybeans, sunflowerseed and rapeseed oils
are mainly in the form of oilseed. United States' stocks of
soybeans and sunflowerseed refer to 1 September for the oilseed
and 1 October for oil. Reference dates for other national stocks
are as follows: Argentina, 1 April for soybeans and oil, 1
January for sunflowerseed and oil; Brazil, 1 February; Canada, 1
August; Malaysia, 1 January.
Imports1,2
1988-90 Average | 1991 | 1992 | ||
Million tonnes | ||||
World total | 27.54 | 28.55 | 30.12 | |
Developing countries | 13.33 | 14.09 | 14.63 | |
Latin America | 2.60 | 3.20 | 3.29 | |
Mexico | 1.08 | 1.45 | 1.42 | |
Africa | 1.69 | 1.78 | 1.89 | |
Near East | 3.21 | 3.34 | 3.55 | |
Egypt | 0.88 | 0.84 | 0.90 | |
Far East | 5.79 | 5.72 | 5.86 | |
China | 2.02 | 2.09 | 1.69 | |
Pakistan | 1.12 | 1.17 | 1.23 | |
Developed countries | 14.21 | 14.46 | 15.49 | |
North America | 1.30 | 1.31 | 1.55 | |
United States | 1.16 | 1.17 | 1.40 | |
Europe | 8.67 | 9.38 | 9.83 | |
EC | 7.58 | 8.45 | 8.80 | |
Eastern Europe | 0.40 | 0.35 | 0.40 | |
Former USSR | 1.27 | 0.71 | 0.67 | |
Oceania | 0.22 | 0.23 | 0.24 | |
Other developed countries | 2.75 | 2.83 | 3.20 | |
Japan | 2.36 | 2.44 | 2.57 |
1 Excluding quantities subsequently re-exported.
2 Including the oil equivalent of oilseeds.
Prices
1988-90 Average | 1991 | 1992 | 1993 | ||
FAO price index: 1984-1987= 100 | |||||
All fats and oils | 89 | 87 | 89 | 93 | |
Edible/soap | 88 | 87 | 89 | 93 | |
Soft2 | 92 | 93 | 87 | 99 | |
Lauric acid3 | 76 | 70 | 94 | 73 | |
Others4 | 84 | 80 | 90 | 88 | |
Technical5 | 125 | 87 | 82 | 88 | |
$/tonne | |||||
Soybean oil6 | 448 | 454 | 430 | 479 | |
Sunflowerseed oil7 | 483 | 474 | 450 | 539 | |
Groundnut oil8 | 775 | 894 | 609 | 738 | |
Rapeseed oil6 | 421 | 415 | 421 | 466 | |
Palm oil9 | 359 | 339 | 394 | 378 | |
Coconut oil10 | 475 | 435 | 576 | 453 |
1 Fats and oils indices exclude butter and lard.
2 Prices of cottonseed, groundnut, rapeseed, soybean
and sunflowerseed oils.
3 Prices of coconut and palm kernel oils.
4 Prices of fish and palm oils and of tallow.
5 Prices of castor and linseed oils.
6 Dutch, f.o.b. ex-mill.
7 Any origin ex tank, Rotterdam.
8 Any origin c.i.f., Rotterdam.
9 Malaysian, c.i.f., Rotterdam.
10 Philippines, Indonesia, c.i.f. Rotterdam/Hamburg.
Production1
1988-90 Average | 1991 | 1992 | 1993 | ||
Million tonnes (protein equivalent) | |||||
WORLD TOTALS | |||||
All oilcakes and meals | 51.82 | 52.76 | 55.03 | 57.08 | |
Vegetable oilcakes2 | 47.47 | 48.66 | 50.96 | 53.15 | |
Soybean | 30.51 | 30.61 | 32.22 | 35.46 | |
Sunflowerseed | 3.31 | 3.54 | 3.52 | 3.35 | |
Groundnut | 2.72 | 2.66 | 2.61 | 2.82 | |
Cottonseed | 4.63 | 4.89 | 5.29 | 4.56 | |
Rapeseed | 4.30 | 4.84 | 5.39 | 4.98 | |
Copra/palm kernel | 0.71 | 0.73 | 0.72 | 0.78 | |
Linseed | 0.50 | 0.60 | 0.51 | 0.40 | |
Fishmeal | 4.35 | 4.10 | 4.07 | 3.93 | |
REGIONAL TOTALS | |||||
Developing countries | 25.57 | 25.56 | 27.18 | 28.49 | |
Latin America | 13.97 | 12.83 | 14.25 | 15.13 | |
Argentina | 3.70 | 5.28 | 4.91 | 4.43 | |
Brazil | 5.36 | 3.99 | 5.04 | 6.18 | |
Africa | 0.95 | 0.98 | 0.97 | 0.95 | |
Near East | 0.84 | 0.74 | 0.69 | 0.84 | |
Far East | 9.78 | 11.00 | 11.24 | 11.55 | |
China | 2.09 | 2.12 | 1.38 | 1.92 | |
India | 0.79 | 1.09 | 1.32 | 1.69 | |
Developed countries | 26.25 | 27.20 | 27.85 | 28.59 | |
North America | 18.48 | 19.66 | 20.66 | 22.17 | |
United States | 17.39 | 18.56 | 19.40 | 21.09 | |
Europe | 4.22 | 4.22 | 4.44 | 3.94 | |
EC | 2.85 | 3.02 | 3.11 | 2.70 | |
Eastern Europe | 0.84 | 0.70 | 0.74 | 0.69 | |
Former USSR | 2.41 | 2.36 | 2.07 | 1.87 | |
Oceania | 0.16 | 0.19 | 0.20 | 0.15 | |
Other developed countries | 0.98 | 0.77 | 0.48 | 0.46 |
1 The output of vegetable oilmeals in a given year
is not based on actual crushings but is calculated by applying
extraction rates to the proportion of the oilseed crop, shown in
the text table, that is estimated to be available for crushing
regardless of whether it is crushed in producing countries or
exported in unprocessed form for crushing in importing countries,
or put into stock.
2 In addition to the oilcakes listed, includes
safflower and sesameseed cakes and meals.
Exports1
1988-90 Average | 1991 | 1992 | ||
Million tonnes (protein equivalent) | ||||
WORLD TOTALS | ||||
All oilcakes and meals | 24.54 | 25.63 | 27.00 | |
Vegetable oilcakes2 | 22.81 | 23.91 | 25.22 | |
Soybean | 18.60 | 19.38 | 20.50 | |
Sunflowerseed | 0.97 | 1.15 | 1.16 | |
Groundnut | 0.61 | 0.60 | 0.53 | |
Cottonseed | 0.57 | 0.53 | 0.68 | |
Rapeseed | 1.15 | 1.29 | 1.38 | |
Copra/palm kernel | 0.50 | 0.55 | 0.52 | |
Linseed | 0.26 | 0.24 | 0.23 | |
Fishmeal | 1.73 | 1.72 | 1.78 | |
REGIONAL TOTALS | ||||
Developing countries | 14.86 | 15.35 | 15.46 | |
Latin America | 11.06 | 11.24 | 11.92 | |
Argentina | 3.70 | 5.28 | 4.91 | |
Brazil | 5.36 | 3.99 | 5.04 | |
Africa | 0.29 | 0.26 | 0.26 | |
Near East | 0.09 | 0.03 | 0.04 | |
Far East | 3.40 | 3.81 | 3.22 | |
China | 2.09 | 2.12 | 1.38 | |
India | 0.79 | 1.09 | 1.32 | |
Developed countries | 9.68 | 10.28 | 11.54 | |
North America | 8.75 | 9.34 | 10.50 | |
United States | 8.13 | 8.71 | 9.84 | |
Europe | 0.86 | 0.84 | 0.90 | |
EC | 0.54 | 0.46 | 0.52 | |
Eastern Europe | 0.16 | 0.25 | 0.21 | |
Former USSR | 0.02 | 0.06 | 0.08 | |
Oceania | 0.04 | 0.04 | 0.05 |
1 Including the cake equivalent of oilseeds;
excluding main re-exports of cake from imported oilseeds.
2 In addition to the oilcakes listed, includes
safflower, sesameseed and unspecified oilcakes and meals.
Value of exports
1988-90 Average | 1991 | 1992 | ||
Million $ | ||||
World total | 8770 | 7940 | 8710 | |
Developing countries | 5450 | 4900 | 5310 | |
Latin America | 4 110 | 3 580 | 4070 | |
Argentina | 1 270 | 1 220 | 1 410 | |
Brazil | 1 940 | 1 370 | 1 600 | |
Africa | 90 | 90 | 80 | |
Near East | 20 | 10 | 10 | |
Far East | 1 210 | 1 220 | 1 140 | |
China | 630 | 550 | 350 | |
India | 310 | 390 | 520 | |
Developed countries | 3320 | 3040 | 3400 | |
North America | 1 380 | 1 320 | 1 460 | |
United States | 1 280 | 1 210 | 1 340 | |
Europe | 1 790 | 1 640 | 1 910 | |
EC | 1 590 | 1 440 | 1 630 | |
Eastern Europe | 50 | 60 | 50 | |
Former USSR | 10 | - | - | |
Oceania | 1 | - | 1 |
Opening stocks1,2
1988-90 Average | 1991 | 1992 | 1993 | ||
'000 tonnes (protein equivalent) | |||||
Soybean: | Argentina | 200 | 521 | 193 | 73 |
Brazil | 280 | 448 | 280 | 320 | |
United States | 3 044 | 2242 | 3 300 | 2 784 | |
Sunflower: | Argentina | 76 | 109 | 67 | 52 |
United States | 33 | 5 | 16 | 47 | |
Rapeseed: | Canada | 162 | 152 | 91 | 151 |
Fish: | Peru | 125 | 104 | 112 | 280 |
1 Includes the meal equivalent of oilseeds.
2 Stocks of soybeans, sunflowerseed and rapeseed meals
are mainly in the form of oilseed. The United States' stocks of
soybeans and sunflowerseed refer to 1 September for the oilseed
and 1 October for the meal. Reference dates for other national
stocks are as follows: Argentina, 1 April for soybeans and meal,
1 January for sunflowerseed and meal; Brazil, 1 February; Canada,
1 August; Peru, 1 January.
Imports1,2
1988-90 Average | 1991 | 1992 | ||
Million tonnes (protein equivalent) | ||||
World total | 24.90 | 25.31 | 27.57 | |
Developing countries | 5.74 | 6.71 | 8.08 | |
Latin America | 1.39 | 1.66 | 2.10 | |
Mexico | 0.61 | 0.87 | 1.15 | |
Venezuela | 0.28 | 0.26 | 0.29 | |
Africa | 0.30 | 0.26 | 0.32 | |
Near East | 0.75 | 0.78 | 1.06 | |
Far East | 3.30 | 3.99 | 4.60 | |
China | 1.27 | 1.43 | 1.63 | |
Korea, Republic of | 0.78 | 0.90 | 1.08 | |
Philippines | 0.31 | 0.33 | 0.38 | |
Thailand | 0.22 | 0.38 | 0.53 | |
Developed countries | 19.16 | 18.60 | 19.49 | |
North America | 0.43 | 0.44 | 0.40 | |
Europe | 14.09 | 13.62 | 14.41 | |
EC | 11.76 | 11.99 | 12.87 | |
Eastern Europe | 1.44 | 0.89 | 0.87 | |
Former USSR | 1.87 | 1.60 | 1.34 | |
Oceania | 0.05 | 0.06 | 0.08 | |
Other developed countries | 2.72 | 2.88 | 3.26 | |
Japan | 2.41 | 2.55 | 2.82 |
1 Excluding quantities subsequently re-exported.
2 Including the oilcake equivalent of oilseeds.
Prices
1988-90 Average | 1991 | 1992 | 1993 | |
FAO price index: 1984-1987= 100 | ||||
All oilcakes and meals | 128 | 109 | 114 | 112 |
Vegetable1 | 128 | 106 | 111 | 113 |
Fish | 134 | 141 | 142 | 117 |
$/tonne | ||||
Soybean meal2 | 239 | 197 | 205 | 208 |
Soybeans3 | 275 | 239 | 236 | 255 |
1 Prices of copra, cottonseed, groundnut, linseed
and palm kernel cakes and of soybean, rapeseed and sunflowerseed
meals.
2 Pellet 45-46 percent, Argentina, c.i.f. Rotterdam.
3 US No.2, yellow, bulk, c.i.f. Rotterdam.
Value of oilseed and total exports
1988-90 Average | 1991 | 1992 | ||
Million $ | ||||
OILSEEDS | ||||
World total | 10410 | 10060 | 10070 | |
Developing countries | 3030 | 3140 | 2790 | |
Latin America | 1 860 | 1 830 | 1 860 | |
Argentina | 550 | 1 080 | 780 | |
Brazil | 930 | 450 | 810 | |
Africa | 80 | 100 | 80 | |
Near East | 110 | 80 | 70 | |
Far East | 950 | 1 110 | 760 | |
Developed countries | 7380 | 6920 | 7280 | |
North America | 5 140 | 4880 | 5350 | |
Canada | 740 | 600 | 570 | |
United States | 4400 | 4280 | 4780 | |
Europe | 2 130 | 1 870 | 1 740 | |
EC | 1 910 | 1 660 | 1 560 | |
Eastern Europe | 180 | 180 | 150 | |
Former USSR | 30 | 70 | 80 | |
Oceania | 40 | 40 | 50 | |
OILSEEDS, FATS, OILS, OILCAKES AND MEALS | ||||
World total | 36160 | 35 870 | 38070 | |
Developing countries | 14640 | 14730 | 15520 | |
Latin America | 7 540 | 7070 | 7 570 | |
Argentina | 2810 | 3 520 | 3330 | |
Brazil | 3310 | 2 110 | 2 780 | |
Africa | 500 | 700 | 550 | |
Near East | 410 | 500 | 500 | |
Far East | 6080 | 6350 | 6 740 | |
China | 1 390 | 1 460 | 970 | |
India | 460 | 520 | 640 | |
Indonesia | 540 | 650 | 770 | |
Malaysia | 2320 | 2400 | 2870 | |
Philippines | 480 | 390 | 560 | |
Developed countries | 21 520 | 21 140 | 22550 | |
North America | 8 150 | 7620 | 8 720 | |
Canada | 1 040 | 930 | 990 | |
United States | 7 110 | 6690 | 7730 | |
Europe | 12 140 | 12430 | 12 770 | |
EC | 11 160 | 11 500 | 11 830 | |
Eastern Europe | 480 | 470 | 400 | |
Former USSR | 240 | 180 | 150 | |
Oceania | 670 | 640 | 720 |