Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Spain - 2023
Contents:
- Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Spain (CIF) - 2022
- Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Spain (FOB) - 2022
- Imports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Spain
- Exports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Spain
Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Spain (CIF) - 2022
In 2022, the average import price for oil seeds; cotton seeds, other than seed, whether or not broken amounted to $495 per ton, surging by 31% against the previous year. Over the period under review, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for oil seeds; cotton seeds, other than seed, whether or not broken increased by +75.7% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Greece ($486 per ton), while the price for Benin stood at $388 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+19.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Spain (FOB) - 2022
In 2022, the average export price for oil seeds; cotton seeds, other than seed, whether or not broken amounted to $432 per ton, falling by -75.9% against the previous year. In general, the export price, however, saw a noticeable increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 412% against the previous year. As a result, the export price attained the peak level of $1,790 per ton, and then declined sharply in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($7,501 per ton), while the average price for exports to Portugal totaled $292 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+63.7%), 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 Spain
In 2022, purchases abroad of oil seeds; cotton seeds, other than seed, whether or not broken increased by 804% to 33K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of oil seeds; cotton seeds, other than seed, whether or not broken skyrocketed to $17M in 2022. In general, imports showed a significant increase. 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 Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | 3.3 | 3.0 | 1.3 | 16.1 | 69.6% |
| Others | 0.1 | 0.1 | 0.1 | 0.5 | 71.0% |
| Total | 3.4 | 3.0 | 1.4 | 16.6 | 69.6% |
Top Suppliers of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken to Spain in 2022:
- Greece (33.2K tons)
Exports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Spain
In 2022, approx. 1.5K tons of oil seeds; cotton seeds, other than seed, whether or not broken were exported from Spain; picking up by 195% compared with 2021. In general, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of oil seeds; cotton seeds, other than seed, whether or not broken reduced remarkably to $664K in 2022. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 746%. As a result, the exports attained the peak of $934K, and then shrank significantly in the following year.
| Export of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 163 | 93.4 | 67.0 | 442 | 39.4% |
| Netherlands | 0.3 | N/A | 104 | 102 | 598.0% |
| Italy | 10.1 | N/A | 352 | 0.2 | -72.9% |
| Belgium | 0.6 | 1.5 | 314 | N/A | 2187.6% |
| United States | 132 | N/A | 0.4 | N/A | -94.5% |
| Others | 8.2 | 15.4 | 97.1 | 119 | 143.9% |
| Total | 314 | 110 | 934 | 664 | 28.4% |
Top Export Markets for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken from Spain in 2022:
- Portugal (1514.3 tons)
- Netherlands (3.1 tons)
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