Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Belgium - 2023
Contents:
- Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Belgium (CIF) - 2022
- Imports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Belgium
Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Belgium (CIF) - 2022
The average import price for oil seeds; cotton seeds, seed, whether or not broken stood at $79,784 per ton in 2022, jumping by 75% against the previous year. Overall, the import price posted a mild expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 3,117% against the previous year. The import price peaked at $489,163 per ton in 2020; however, from 2021 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 Chile ($241,119 per ton), while the price for Argentina amounted to $9,293 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Belgium
After three years of growth, supplies from abroad of oil seeds; cotton seeds, seed, whether or not broken decreased by -67.9% to 194 kg in 2022. Over the period under review, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 557% against the previous year. As a result, imports reached the peak of 604 kg, and then contracted remarkably in the following year.
In value terms, imports of oil seeds; cotton seeds, seed, whether or not broken shrank markedly to $15K in 2022. In general, imports, however, saw a measured increase. The most prominent rate of growth was recorded in 2020 when imports increased by 220% against the previous year. As a result, imports attained the peak of $45K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 14.1 | 21.6 | 14.9 | 14.2 | 0.2% |
| Argentina | N/A | N/A | 0.2 | 1.2 | 500.0% |
| Netherlands | N/A | N/A | 12.5 | N/A | 0% |
| Others | N/A | 23.4 | N/A | N/A | 0% |
| Total | 14.1 | 45.0 | 27.6 | 15.5 | 3.2% |
Top Suppliers of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken to Belgium in 2022:
- Argentina (133.0 kg)
- Chile (59.0 kg)
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